i agot an auto tcm xb. put down 3000 but i had to have my dad cosign cause my credit sucks. financed it over 4 years and paying 314 a month. without my dad my rate was 10% with cosign it dropped to 4.1%

 

www.bankrate.com calculators auto put in the amount of the vehicle delivered (tax tag taitle and if the dealer has fees add them also) then subtract the amount down in 1k increments. take the payments $xxx.xx per month times the # of payments and subtract your financed amount. this is the intrest you paid on the loan. figure the scion rates (posted on the web or 5.99% over 700 beacon then add 1 pt for every 25 points under 700 just to get and idea. Adjust the down payment from 1k to 5k in the 1k increments and llok at the payments vs the intrest. this will help you determine what is to your advantage. More money down vs the intrest it cost you. Good Luck

 

Put down as much as possible , because the more you put down the less your payment are , I. E . I put 6500.00 down and my payments are around 200.oo a month for 5 yrs. so it aint that bad Either way youll get better monthly payment deal the more you put down

 

Go see a dealer. They can punch in your expected APR and you can give them a few down payment #'s. From that they can tell you monthly payments and also how much you would pay in interest. I did that and when i told the guy i wanted 5 year loan and put down $3K, he told me id pay just under $800 in intrest over those 5 years( 7.9% )...BAM! I was sold and drove off the lot. Oh and if you have a parent that can co-sign do it. Your APR will go down to around 4% and make it worth it.