You don’t get your down payment back on a vehicle lease, and the only time car lease down payments are refundable is if you back out of the process and don’t sign the paperwork.

Money down on a car is another term for a down payment. Depending on the type of auto loan you apply for, a down payment may or may not be required.

When it comes to leasing, you may be wondering if you need a down payment. The simple answer is no, you don’t. But, if you want to put money down, either in cash or trade equity, a lender won’t say no to the offer.

Your down payment plays a role in determining the size of your monthly payment and how much you end up paying overall, so the decision as to how much money you should put down isn't easy. Let's look at some of the pros and cons of a large down payment on an auto loan.

Car buyers with bad credit are usually required to make a minimum down payment when financing a vehicle as a form of borrower participation.

Your trade-in can be used as a down payment on your next car loan. As long as there’s equity, you shouldn’t have an issue trading in your current vehicle.

It can be tempting to jump into the car buying process, but it can pay off in the long run to take a step back and really prepare for the task at hand – especially when it comes to saving up a down payment for a car. Here's where your money goes, and why a down payment is a big helping hand when you have poor credit and need a car.

You'll almost always need to make a down payment on a bad credit auto loan. Just how much you’ll need depends on the lender’s requirements and the vehicle you choose. So, how do you save for a down payment on a car?

If you walk into a car dealership with severely damaged credit (possibly a credit score of 480-580), it may be suggested that you provide a down payment that equals at least 20% of the vehicle’s price. Why?

When it comes to a down payment on a car when you have bad credit, we get more than our fair share of questions. Recently, we received this question from a potential applicant that we would like to answer for everybody.