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Why do car dealers encourage small down payments?

In Loans - Car Loans - Asked by Admin - 11 months ago

This is encouraged because it increases the cost of the loan overall because you will pay more in interest.

Answered by Admin - 11 months ago


Tags: car loan, down payment, loans, why do car dealers encourage small down payments?

Related Questions


What is an installment plan?

In Loans - Car Loans - Asked by Admin - 2 years ago

Any ways to get a lower rate on a car loan?

In Loans - Car Loans - Asked by Admin - 11 months ago

What is Macquarie Group?

In Financial Institutions - Asked by Admin - 2 months ago

Car loans are a very common type of loan. You can get different types of car loans including used car loans and new car loans. You may also need a special loan if you have a bankruptcy on your record. Refinancing a car loan is also an option. If you need help with car loan questions or answers about car loans or "why do car dealers encourage small down payments?", Zuuply.com has the answers you are looking for.



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