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Reply to "What is the limit for what you should put down on a vehicle?"
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[quote=Anonymous][quote=Anonymous]Pay cash unless you can get a 0% loan.[/quote] Worth noting in most cases, there is an option to take either the 0-2% promotional loan that the automaker is subsidizing, OR get a “cash back” rebate of a few thousand $ from the manufacturer. OP, if you are going to pay cash, don’t roll up to the salesperson stating that early on. They prefer you finance through them because the dealership gets a commission on loans. Negotiate the out the door price first including any rebates and removing junk fees like VIN etching and $299 door edge guards…then after that pay however you want to pay.[/quote]
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