So kinda branching off of when I was looking at possible new cars, I've been looking around and found a 09 WRX. Super clean, pretty much what Im looking for, and now Im contemplating if/how much to put for down payment. I know some people who have never put money down, and others that always do. The Subaru guy said that for every 1K I do put down, it will lower the monthly about 20$.

What are your guys thought/opinions/what do you do?

 

You probably want to figure out the price of the car first...then talk about the down and monthly. I think if you are discussing monthly payments, they can easily charge you more without you realizing.

 

wat wiwlma said.

 

i always try to put as much as possible down but i deal with my credit union and they have always been legit with me.

 

Word. Current car, I put down 40%, but I have full 100% in the bank if I get sick of they payment. Just didn't want to commit that much of my funds to a car.

But you basically just gotta look at the monthly payment and what you feel comfortable with and make your decision from there.

 

3rd what they said^^^^
Try to go to your bank first and talk to an auto loan rep.
They will stir you straight and answer all your questions.
While your there see i the can pre approve you

 

I put it all on a loan, even if I have 100% because I invest that money and hope that the percentage I make is greater than the percentage of the car loan.