How Much Money do I Need for a Car Down Payment?

If you’re in need of a new car, it’s hard to know exactly where to start. First, you need to calculate how much cash you’ll need upfront and what that sum means for your loan and payments long term. Like any large purchase, you need to know what’s within your budget. You don’t want to jump head first into an expense or car loan that you can’t afford later down the line.

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