Down payments can be more helpful than harmful.

The average loan amount and loan term for both new and used cars continue to rise, but consumers are getting at least one thing right. The latest data from Edmunds shows that the average down payment on a new car loan in May almost broke the record.

We receive plenty of questions from consumers every month here at Auto Credit Express, where we help car buyers with poor credit find auto financing. One recurring topic we are constantly asked about: getting a bad credit car loan without a down payment.