How to figure out the down payments on cars 3000.00

Asked by Apr 08, 2017 at 12:13 AM about the 2001 Saturn L-Series 4 Dr L200 Sedan

Question type: General

Trying to build credit on low price cars .
what is the lowest down payment i would be
expected to provide for vehical of 3000.00

6 Answers

79,345

That all depends on your credit. Add in sales tax and registration to your down.

1 of 1 people found this helpful.

Thank you, although if I put higher down would that still leave me time on payments to build credit. I was told to buy low price car and finance for at least 2yrs to establish credit. Credit is low have none trying to build. Don't want to fall into false presentation when buying. Just trying to build.

Thank you first time buying so asking questions.

27,035

Be sure to finance through a national bank. Some "buy here pay here" places arrange loans through outfits that don't report to credit bureaus (unless you default). Even some credit unions don't report. Getting a loan through a place like that will do you nothing to help establish credit.

19,485

This what you do. Before the rates go threw the roof, apply for 1 or 2 visa-card/maste-cards that allow you to pay off your balance every month without paying any interest rates or have any penalty. Buy your normal purchases every month using the plastic before the month is over and interest rates apply pay-off the purchases, your not spending any more money. Do not miss any pay-off payments & do not spend any more than you already have on-hand.

1 of 1 people found this helpful.
257,385

You local bank can help. You can put any amount for a down payment, the more you put down, the less the total payment is. For a $3000 loan you won't be getting an auto loan BTW. It will be a personal loan, so those interest rates are higher. Like engineC says above, make sure you make the payments on time....http://www.bankrate.com/calculators/savings/simple-loan- payment-calculator.aspx

Your Answer

L-Series

Looking for a Used L-Series in your area?

CarGurus has 3 nationwide L-Series listings and the tools to find you a great deal.

Postal Code:

Saturn L-Series Experts

  • #1
    Ephram Rubin
    Reputation
    920
  • #2
    Tom Demyan
    Reputation
    400
  • #3
    tuff4x4
    Reputation
    320
View All

Related Models For Sale

Used Honda Civic
303 Great Deals out of 3,201 listings starting at $995
Used Saturn VUE
62 listings starting at $3,850
Used Toyota Camry
87 Great Deals out of 2,236 listings starting at $1,781
Used Honda Accord
82 Great Deals out of 949 listings starting at $1,815
Used Chevrolet Malibu
79 Great Deals out of 2,085 listings starting at $1,485
Used Dodge Dakota
5 Great Deals out of 140 listings starting at $4,000
Used Nissan Altima
76 Great Deals out of 1,383 listings starting at $1,785
Used Toyota Avalon
4 Great Deals out of 132 listings starting at $5,950
Used Nissan Sentra
188 Great Deals out of 1,754 listings starting at $2,995
Used Kia Optima
54 Great Deals out of 895 listings starting at $6,195

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.