Depends on your interest rate. I would put down as little as possible. Invest the rest or leave it in the bank. I’d rather pay a little extra every month and have 20k at my disposal. One you’ve given it to the bank or Ford, it’s gone. Credit union is the way to go.Can someone let me know what's best to get the lowest Apr for financing. I'm getting a wildtrak , it's prob going to be around 63k overall.
1. Putting 30k down, I only have 10k in debt all from student loans, current credit score is around 710.
Or
2. Put 20k down , pay off my 10k in debt, should def increase my credit score I would assume.
This is my first big purchase , I have relative young credit. I'm 27, business analyst , overall salary is around 125k. Can anyone let me know what I should do. Or will I get around the same
Apr no matter whether I do option 1 or 2? I have been driving the same car since I was a senior on highschool so I been waiting for a car to get my attention and the bronco definitely has. Also I'm a big kayaking person so that def helps .
Sponsored