When looking for a car loan there is always an elephant in the room, what is it you ask? Cash down. It does not have to be though and you really have to explore your financing options available before assuming that a dealership that tells you the only way to get a car is with thousands of dollars down for the loan.

The first important decision that can play an affect here is the vehicle selection. Getting the vehicle that actually fits you needs rather than just runs clearly is important, but, you also may need to consider a few choices that may differ. The reason that you need to consider the change is that another model or even make make allow you to get into a car loan that requires much less money down and it may fit the same amount of people that you need or have towing capacity, etc. The reason for this is due to the book value that the banks use when calculating what amount should be loaned to someone on the vehicle.

So when it comes down to the cash you may have to come up with to get into the vehicle you want, make sure the dealership you are talking to understands that you may be willing to look at other makes and models that fit your needs if it saves you money. This can be one of the best decision that you make during the process and you many even get into a nice vehicle at the payment you want with as little and zero money down.