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Posted in Auto Loans
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Question By
bujolaize

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How large a down payment is required on a 30,000 dollar car to get a 300 dollar monthly payment?

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Depends on the company and the financing arrangement.  If you can, go to the bank or credit union and see about getting a pre-approved loan. That will work better for you.  And if this is a BRAND NEW car, please rethink this and go for a pre-owned car that is one to two years old.  You will save thousands and still have a vehicle that will be good for 10 years. 

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