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Personal Finance 1w
How much should save for a down payment to purchase a new car?
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3

upvote 6 downvote

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Anonymous 1w

Best option is always to pay full but obviously very hard in this economy. I usually put enough down to keep my payments at or below $400

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Anonymous 1w

100%

upvote 5 downvote
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Anonymous 1w

As high as reasonably possible. If you don’t have a car already then it’s likely difficult to save for longer due to the necessity of a car in most places. But if you already have a car that can get you by then I would try to aim for like 60% or more

upvote 5 downvote