then you haven't bought it
When you put down a down payment the price is already set. You must get them to come down before you agree to purchase which is what your down payment represents.
You don't ever have to put a down payment down (unless your lender bank requires you to), however 20% of the value usually is the norm. We bought our house with NO down payment.
47,250 A+
the answer would be 20%,you would divide 1840 by 9200
Buying a new car can be very exciting and very expensive. The down payment for a car is dependent on the buyers credit, how they are planning on financing, and the lot in which the car is bought. A down payment for a car can range from $50 to $2-$3,000.
In most cases yes
There are all kinds of ways to come up with money for a down payment including savings, borrowing from a family member, taking out a payday loan, using a peer to peer lender, selling stuff you own, or getting a second job. the method you chose deoends on how much money you need to come up with for your down payment.
On any contract purchase, you have 3 days to back out and get your money back.
btw the dealer never got deal bought by a lender because down payment was not paid is partial deposit refundable?
Essentially, they are lowering the price, not providing for your down payment. Also, the lender is going to want that money to come from your account... This is ONE way there are others where lenders will gift you the down payment which comes back to them at time of closing or just find a 100% lender.
A down payment is a initial payment made towards the purchase of a big-ticket item, such as a house or a car. It is typically a percentage of the total purchase price and is paid upfront, with the remaining amount financed through a loan or mortgage.
A down payment for select buyers is $360,000