Put Down Only $1000 for these Car Deals

Cars for $1000 Down

Harry Lloyd

A thousand down

To get the most ideal financing, you need to put some money down. If you have about a grand saved up, you can definitely get cars for $1000 down.

It's always a good idea to put as big of a down payment as possible when you're buying your next car. It's a key determining factor in how big of a loan you will have to take out, and it affects both new and used car purchases. When it comes to down payments, bigger is always better.

Many lenders require a down payment of about 10% before they will agree to finance your purchase. This would make you able to buy $10000 cars, and at this price range you can not only get a decent used car, you can even get a few new cars.

You don't have to have all $1000 in cash up front. Many times you can use your trade in to count towards the down payment, and dealers can often work with the trade in value to get you to 10%.

Finding your next car

If you want a new car, your choices are very limited. The Nissan Versa, Hyundai Accent, Kia Rio and Smart Fortwo are some of the only cars that you could get close to this cheap. These are all very fuel efficient small cars, but if you need something else you will need to go with used cars.

Your thousand dollars could even be enough to buy some cars. The thing about used cars for under $1000 is that they are usually pretty old and have considerable mileage on them. It is a good idea to make sure you are getting a reliable car by paying a professional to inspect it before buying it.

If you are searching for these super cheap used cars, you can use our car search engines to quickly locate local cars. Here are some $1000 cars in some different cities, for example:

• Used cars in Memphis under 1000
• Cars for sale under 1000 in Las Vegas
• Cars under 1000 in New Jersey
• Cars for 1000 dollars in Illinois

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