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Reply to "Things to consider before putting down a deposit"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Outside of EV, the market seems softening. If you put cash down, get a locked in interest-rate and out-the-door price. Or just get in in writing that it is refundable. Now some EVs are super hot, but that is a different can of worms and price point.[/quote] Auto loans don't normally do locked-in interest rates so far in advance. Even for mortgages, they usually only lock it for a month or two. But I agree on locking down the price.[/quote] Get agreement on price and don't pay over 5K MSRP on any vehicle. Recession can come and supply of cars may increase in the next year, with less qualified buyers. Your new car can quickly become worth 10K UNDER MSRP on the open market.[/quote]
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