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You can actually save yourself a lot of money by having a significant down payment when you get a car loan in Knoxville. When you're dealing with bad credit car loans, subprime lenders typically want a minimum of $1,000 down, or 10 percent of the car's selling price. This standard is only a general rule of thumb, and specific amounts vary by ...
You should worry more about the loan amount. Any buy here pay here no credit check in Spartanburg will offer you easy financing . And many will happily accept a low-down payment because that helps them to inflate their revenue. If you pay $500 as down for a $15,000 used car, the interest rate will be calculated on the loan amount of $14,500.
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