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Home›US Markets›Equities›Car buyers may need larger down payments to lower tota…

Car buyers may need larger down payments to lower total borrowing

Reported · Written up by our desk · Equities

MarketWatch says saving for a large down payment can be important for reducing how much car buyers borrow and how long their loan lasts.

The outlet’s guidance centers on how down payment size can affect overall auto financing costs for people across different income ranges.

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Sources

MarketWatchHere’s the most you should be spending on your car payment, whether you make $60,000 or over $150,000
MarketWatchHere’s the most you should be spending on your car payment, whether you make $60,000 or over $150,000

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