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down payment


Question Posted Wednesday November 17 2010, 1:32 pm

How much do you think would be a good down payment on a Jeep wrangler or a Jeep Rubicon. Preferably one with less then 80thousand miles. I live in the north eastern part if the united states, and I would like my payments to be below 350 dollars a month. I make around 320 dollars weekly and I get paid weekly, so how much would I need to save to put down on a car. I would like to get it by the end.of December.

Thank you.

Sorry if I misspelled so.ething or had incorrect punctuations I'm on my cell phone.


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orphans answered Friday November 19 2010, 9:28 am:
Well the normal down payment is usually 10-20% of the cars value. This usually secures the car to prevent the seller selling it to someone else. So if your limit is 350, so that will be okay for a down payment for a car that's worth £1750-£3500. Alternatively, you can just ask the sell how much will secure the car. Also make sure you get a receipt. :)

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