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Karin Olander

articles from Karin

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How Much Should You Spend on a Car Down Payment?

Published 07/13/2017 by Karin Olander

Whether you’re trading in your clunker or treating yourself to the hot wheels of your dreams, figuring out the best way to pay for your new car should be at the top of your list. Unless you’re planning to use cash to purchase an inexpensive used car, it’s likely you’ll have to take out an auto loan and make a down payment. But how much should you spend on a car down payment? As much as possible? As little as you can?