Afan
Elite Member
One of those things when you know it exists but never asked yourself about it...
What's the difference between taking a car loan on, e.g. $10K and putting $3K as down payment, or just taking $7K car loan and $0 down payment?
My son just asked me and I was not sure what to say what's the difference? I'm assuming it's lower API with down payment?
Not my "field of expertise"
What's the difference between taking a car loan on, e.g. $10K and putting $3K as down payment, or just taking $7K car loan and $0 down payment?
My son just asked me and I was not sure what to say what's the difference? I'm assuming it's lower API with down payment?
Not my "field of expertise"