When financing a new or used vehicle, making a down payment is a wise move. Putting money toward your loan up front helps build equity more quickly and results in less interest and lower payments.
Car prices are still historically high and most people are financing their vehicle with auto loans. At the start of 2024, car payments averaged $735 a month for new vehicles and $523 for used vehicles ...
Making a sizable down payment on your vehicle can decrease the amount you need to borrow, your monthly payment and help you secure a better rate. It’s wise to aim for a down payment of at least 10 ...
Getting car insurance without putting any money down sounds appealing, especially when you’re tight on cash. But in reality, insurance companies offering “no down payment” policies still require your ...