What Does No Money Down Mean When Buying A Car?

What Does No Money Down Mean When Buying A Car?

There are a lot of incentives when it comes to buying a car, and you can often put yourself in a brand new vehicle of your choice with no money down.

That means as soon as you drive it off the lot, you owe more money to the bank or dealership than the vehicle is actually worth.

What is zero down payment on a car?

A zero down car payment means you don’t need a down payment when you finance a vehicle.

Photo in the article by “National Park Service” https://www.nps.gov/orgs/1207/11-19-2018-fee-free-days.htm