I wanna buy a 2011 scion TC (first car) it cost $20,000 is $3000 a good down payment?

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Old 08 Jan 2014, 11:09 am   #1 (permalink)
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Default I wanna buy a 2011 scion TC (first car) it cost $20,000 is $3000 a good down payment?

I wanna buy a 2011 scion TC (first car) it cost $20,000 is $3000 a good down payment?
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Old 08 Jan 2014, 11:25 am   #2 (permalink)
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Sure it is, but $20,000 seems awfully high for a glorified econo-box.
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Old 08 Jan 2014, 11:39 am   #3 (permalink)
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$3000 would be a sufficient down-payment for most people but it really depends on your credit score. If your score is very low, $3 G's may not be enough to qualify for a loan.































I agree with above. $20K is a pretty high selling price for a 3 year old Scion tC ( unless that is a very low mileage Scion and it is the final price once taxes and all the other dealer BS charges are included )
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Old 08 Jan 2014, 11:54 am   #4 (permalink)
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If you feel like spending $20,000 on a car that will be worth your down payment in a few months-- Sure.
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