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Question: I don't have much money for a Down Payment. Will I be able to get an auto loan?
The down payment amount will be determined at the time of approval by your selected lender. You may find that your lender does not require a down payment, but some lenders may require a down payment up to $1,000 or 10% of the sales price. Positive trade equity can be used towards your down payment. Work with your selected lender to determine your specific requirements.
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If you have additional questions that are not covered in this section, feel free to drop us a note at contact@myAutoloan.com.
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