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What else can I help you with?
What does the down payment on a used car pay for?
It is applied directly against the purchase price of the used car. The more you down payment, the less owed and the lower your monthly payments will be.
What is the minimum down payment required for a car purchase with a 50 down payment?
The minimum down payment required for a car purchase with a 50 down payment is 50 of the total cost of the car.
Do you need a down payment for car insurance?
No, you do not need a down payment for car insurance.
You signed a contract for a used car the car dealer still has the car you have not given your down payment can you get out?
I THINK SO. THE CONTRACT HASN'T BEEN COMPLETED UNTIL THE DOWN PAYMENT IS MADE. HE'LL PROBABLY VOID THE CONTRACT FOR FAILURE OF PAYMENT.
In British Columbia can you return a used car?
can u return a used car in BC n get ur down payment back
Car dealer forgot down payment?
The car dealer is not required to collect a down payment. The finance company is the one who usually asks for it. If they desire a down payment, they will contact you to get it.
What can affect your monthly car payment?
Interest and down payment.
Can you get your car back if you gave your car as a down payment?
No.
How does the down payment affect the monthly payment amount when purchasing a car?
The down payment on a car reduces the amount of money you need to borrow, which can lower your monthly payment amount. A larger down payment typically results in a smaller monthly payment, while a smaller down payment usually leads to a higher monthly payment.
Can i refinance car loan with another down payment?
If you refinance a car another down payment is usually not required. I refinanced a car to lower to payments and it added another year to the payoff date of the car. I wasn't required to give a down payment.
What will happen if your car down payment bounced and you made a particial payment?
The car will probably be repossessed.
Where does the down payment go when purchasing a car: to the dealer or the bank?
The down payment when purchasing a car typically goes to the dealer, not the bank.
