Down Payment - Buying A Car

: Interest is charged on the amount you borrow. A larger down payment means you pay interest on a smaller balance, saving you hundreds or even thousands of dollars over the life of the loan.

The Power of the Down Payment: Your Key to a Smarter Car Purchase buying a car down payment

: Cars lose value the moment they leave the lot. A solid down payment creates a "buffer" that prevents you from being "upside down"—where you owe more than the car is worth. The "Golden Rules" of Down Payments : Interest is charged on the amount you borrow