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How can I avoid a downpayment on a car?Buying a new car with no down payment can saddle you with higher monthly payments. Even worse, you could end up owing more than the car is worth.. Look for a cheaper car.. Delay buying a car until you save up a down payment. ... . Buy a used car. ... . Get a cosigner on your car loan.. What credit score is needed to buy a car with no down payment?What Credit Score Do I Need to Buy a Car? Generally speaking, banks require a minimum credit score of 600 to give an auto loan without any down payment. However, you CAN buy a car with a score of 400 or a score of 850.
What is the lowest down payment for a car?In general, you should strive to make a down payment of at least 20% of a new car's purchase price. For used cars, try for at least 10% down.
Do I have to put a down payment on a car?When it comes to down payments, there aren't any set rules. While most people provide cash upfront before they buy, it's not something you must do to complete the purchase. A down payment helps many lenders remove some of the upfront risk associated with a car loan.
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Where can i get a car with no down payment
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