03-28-2011, 05:21 PM
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#17 (permalink)
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Track Member
Join Date: Jun 2009
Location: Providence / Boston
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Quote:
Originally Posted by shadoquad
It also depends on how much you want to save on the price of the car, versus how much you want to keep in the bank over the term of the loan.
If you put down a larger DP, you will pay less interest at a fixed rate, but you'll have less immediately available.
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And also protecting against negative equity, so you dont need "gap" insurance
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