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by abtinf 2633 days ago
What is the reasoning to put money down on an auto loan or lease?
2 comments

This article does a great job of explaining.

https://www.edmunds.com/car-leasing/should-you-make-a-down-p...

In summary, when leasing, put as little down as possible.

When buying(loan) it depends.

Obviously every person has a different financial situation, ( which also determines at which interest rate you are allowed to borrow money), but in general or ceteris paribus , that advice holds in general.

Lots of leases have down payments.