Final thoughts
Conventional wisdom dictates putting down 10% to 20% on a vehicle, depending on whether it’s new or used. However, most households can hardly afford to save that amount of money, let alone part with it in buying a vehicle. In most cases, it’s better to consider additional factors before landing on a down payment figure that fits your budget, financial expectations, and risk appetite.
Keeping your hard-earned cash and still getting behind the wheel is possible with a FINN car subscription. FINN offers an extensive fleet of vehicles to choose from, including some of the latest models. Subscribe to an SUV, electric vehicle, sedan, or others, and you can also have your new car delivered to your door without lifting a finger.