Tuesday, November 22, 2011

How much money should I put down for a Kia---it cost $9,995?

I want to get a Kia because they are pretty cheap. I only plan on keeping it for about 2 yrs then trading it in. This my st car so I don't need anything fancy.





How much money should I put down ---the car is only $9,995.|||you can put down as little as 500 -1000 bucks and it knocks the price of the car down a lot,that helps with the amount that you have to finance on it though,i would consider buying a car i was going to keep though,KIA,s aren't the worse cars on the road you know,some of them hold up really well,my neighbor has been driving one for 7 years with absolutely no problems at all with it,but 1000 bucks would be a real good down payment on one,good luck on it.|||umm.... thats a car, right?|||As little as possible. No point in wasting your cash on a down payment, your monthly payment will already be pretty low.|||1000!|||dont forget, you have to pay interest on whatever you finance. The more you put down the less the car will actually cost you. Unless you have something better to do with the money, put as much down as possible.


Would you rather pay 10% interest on $8000 or $5000.|||Cars cost more the shorter you keep them, almoast all the time. New cars can be leased for between 2-4 years which is the cheapest option for 2 yrs keep time. make sure the lease terms otherwise this option is not a trap these days. If it is a used, ask for out of t he door price, than your interest rate. First time buyers pay from 15% and up in interest rate so get a cosigner with a descent credit for lower than 10%. Shop for the loan at lowest interest rate for the out the door price. Your dealer is likely to offer the lowest. Than the more money you put down the smaller the monthly payment.|||Dont buy a Kia Rio, Hyundai Accent, or Chevy Aveo...THEY ARE ALL GARBAGE KOREAN CARS. I still own a Chevy Aveo, its a lemon POS, it sits in my garage because it leaks gas and is unsafe to drive, it has 22k miles and GM refuses to fix it and buy it back, their mechanics cant work on it because its all Korean made by Daewoo.





If you must buy a Korean car, get the Hyundai Accent, Hyundai seems to be getting better quality ratings lately, plus the new hatch looks awesome. Just remember these cars have 10 year/100k warranties and NO RESALE value, its better to buy and keep it for a long time.

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