How much do I need down? This is the number one question that we receive, unfortunately there is no set answer to this question. Down payment requirements are based upon many factors, the number one being your credit.A person with fair to good credit, (600+ credit score, previous vehicle financing/ leasing, no repossessions, and a credit history of more than 3 years) can qualify for $0.00 down payments, while a person with bad credit or no credit will have to have a down payment of 20% of the vehicles book value, (or $1,500 whichever is higher), regardless of the vehicles asking price. |