The Hippo

HOME| ADVERTISING | CONTACT US|

Your Down Payment Manchester NH

The amount you'll be required to pay as a down payment depends on the selling price of the vehicle and on your credit worthiness. Here consumer advocate Michael Royce explains down payments and where the money should come from.

AutoLoansInNewHampshire.com
(603) 513-0385
Concord, NH
 
Lewis Motor Sales Of Brentwood
(603) 347-5140
317 South Rd
Brentwood, NH
 
Carbucks of New England Inc
(603) 623-1010
Manchester, NH
 
Chase Home Finance
(603) 625-0309
1750 Elm St
Manchester, NH
 
Merchantbanc
(603) 623-5500
66 Hanover St
Manchester, NH
 
AutoLoansInNewHampshire.com
(603) 513-0385
Concord, NH
 
Reliant Mortgage Co
(603) 695-6290
50 Bridge St Ste 204
Manchester, NH
 
Residential Mortgage
(603) 647-6644
121 Bay St
Manchester, NH
 
Ez Cash of New Hampshire Inc
(603) 668-2112
245 Maple St
Manchester, NH
 
Granite State Cash Advance
(603) 622-7362
790 Elm St
Manchester, NH
 

Your Down Payment

Provided By: 

Home

Arranging Your Down Payment

Unless you received 100% financing from you bank, your auto loan will pay for most of the total price of the vehicle you're buying, but not all of it. You will be required to pay the difference in cash and that's called a down payment.

The amount you'll be required to pay as a down payment depends on the selling price of the vehicle and on your credit worthiness. The dealership may ask you for as much as one-third of the total selling price, but that's just a negotiating ploy. Unless you're a first-time buyer or you have risky credit, you should be OK (as a rough estimate) if you have about 10% of the window sticker price for your down payment.

Your down payment can be a combination of three sources:

1. Cash
That can include the money you earned from selling your present car.

Click here to read more from Beat The Car Salesman

®2010 Hippo Press. site by wedu