Why do car dealers push for customers to leave a bigger down payment?
Why do car dealers push for customers to leave a bigger down payment?
Answer (1 of 7): Great question! A large down payment is mutually beneficial to both the customer and dealer, with a few caveats. First let me explain the benefits to you: The more money you put down on a car purchase, the more equity you have in your vehicle. Because a car is a depreciating ass…