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Is my friend right about a big down payment on a car being bad?
Is my friend right about a big down payment on a car being bad? I've been thinking about buying a new car; have never financed a car or anything with a substantial payment plan, and have new credit history (~2 yrs). The car is $32,000 so I was thinking about putting $10,000 down so my monthly payments are about $350 for 72 months. I was talking to my friend and he said it would be better to make a smaller do...
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