I am considering purchasing a Nissan Qashqai, but I am unsure about how much my initial down payment should be. I am willing to pay a larger down payment in order to have lower monthly payments in the future. What is a recommended initial down payment for a car like this?
ReplyIt really depends on your personal financial situation and goals. Generally, it is recommended to put down at least 20% of the total cost of the car as your initial down payment. This will help lower your monthly payments and overall interest payments, as well as demonstrate your commitment to making timely payments.
As someone who has purchased a Nissan Qashqai before, I can tell you that I put down a 10% initial down payment and have been happy with my decision. I was able to get a lower interest rate and still have affordable monthly payments.