TopHot
Is 25k down payment on a ~40k car too much?
Is 25k down payment on a ~40k car too much? I'm buying a new Subaru in a few weeks, and after taxes and fees it's about 40k. I have about 35k in savings, and am currently planning to put down about 25k. Interest rates right now look to be around 4-5% (looking at either USAA, where I have my current loan, or financing through Subaru), so it's right at the range where our HYSA is comparable...
Category:
