Go Back   AnandTech Forums > Social > Off Topic

Forums
· Hardware and Technology
· CPUs and Overclocking
· Motherboards
· Video Cards and Graphics
· Memory and Storage
· Power Supplies
· Cases & Cooling
· SFF, Notebooks, Pre-Built/Barebones PCs
· Networking
· Peripherals
· General Hardware
· Highly Technical
· Computer Help
· Home Theater PCs
· Consumer Electronics
· Digital and Video Cameras
· Mobile Devices & Gadgets
· Audio/Video & Home Theater
· Software
· Software for Windows
· All Things Apple
· *nix Software
· Operating Systems
· Programming
· PC Gaming
· Console Gaming
· Distributed Computing
· Security
· Social
· Off Topic
· Politics and News
· Discussion Club
· Love and Relationships
· The Garage
· Health and Fitness
· Merchandise and Shopping
· For Sale/Trade
· Hot Deals with Free Stuff/Contests
· Black Friday 2014
· Forum Issues
· Technical Forum Issues
· Personal Forum Issues
· Suggestion Box
· Moderator Resources
· Moderator Discussions
   

Reply
 
Thread Tools
Old 03-30-2004, 02:56 PM   #1
dxkj
Lifer
 
Join Date: Feb 2001
Posts: 11,771
Default Stupid Question: How do you make the down payment on a car?

I just realized that I didnt know this..... assuming you put $4k down on a car. What choices do you have to do this? Check? Cash? (who carries around 4k in cash), deposit from bank?



Thanks for answering that noobish question that I hadnt thought to ask before now.
__________________
I'm cold <img******="i/expressions/face-icon-small-sad.gif" border="0">

1/23 250
dxkj is offline   Reply With Quote
Old 03-30-2004, 02:58 PM   #2
SaltBoy
Diamond Member
 
SaltBoy's Avatar
 
Join Date: Aug 2001
Posts: 8,939
Default RE:Stupid Question: How do you make the down payment on a car?

Check.
SaltBoy is offline   Reply With Quote
Old 03-30-2004, 02:58 PM   #3
ggavinmoss
Diamond Member
 
Join Date: Apr 2001
Posts: 4,798
Default RE: Stupid Question: How do you make the down payment on a car?

Check or credit card are popular.

-geoff
ggavinmoss is offline   Reply With Quote
Old 03-30-2004, 02:59 PM   #4
dxkj
Lifer
 
Join Date: Feb 2001
Posts: 11,771
Default RE:Stupid Question: How do you make the down payment on a car?

Quote:
Originally posted by: ggavinmoss
Check or credit card are popular.

-geoff
Thanks guys, I figured as such but I wasn't sure.


__________________
I'm cold <img******="i/expressions/face-icon-small-sad.gif" border="0">

1/23 250
dxkj is offline   Reply With Quote
Old 03-30-2004, 02:59 PM   #5
Armitage
Banned
 
Join Date: Feb 2001
Posts: 8,086
Default RE: Stupid Question: How do you make the down payment on a car?

Paypal
Armitage is offline   Reply With Quote
Old 03-30-2004, 02:59 PM   #6
JulesMaximus
No Lifer
 
JulesMaximus's Avatar
 
Join Date: Jul 2003
Location: San Diego (aka Literbike, CA)
Posts: 67,373
Default RE:Stupid Question: How do you make the down payment on a car?

Check. Only an idiot would charge a downpayment on a car on a credit card unless you have the money to pay it off right away and fully intend on doing just that. You would be better off putting zero money down rather than charging it.
__________________
“The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.” -Frank Zappa
JulesMaximus is offline   Reply With Quote
Old 03-30-2004, 03:00 PM   #7
waggy
No Lifer
 
waggy's Avatar
 
Join Date: Dec 2000
Location: Northern IL
Posts: 64,469
Default RE: Stupid Question: How do you make the down payment on a car?

you need to have sex with the salesmen.
waggy is offline   Reply With Quote
Old 03-30-2004, 03:00 PM   #8
Vic
Elite Member
 
Vic's Avatar
 
Join Date: Jun 2001
Posts: 37,734
Default RE:Stupid Question: How do you make the down payment on a car?

Certified cashier's check for larger amounts
__________________
"If you owe the bank $100 dollars, that's your problem; if you owe the bank $100 million dollars, that's the bank's problem." -- J. Paul Getty

Capitalism is a liberal philosophy.
Vic is offline   Reply With Quote
Old 03-30-2004, 03:01 PM   #9
Mr N8
Diamond Member
 
Join Date: Dec 2001
Posts: 8,793
Default RE: Stupid Question: How do you make the down payment on a car?

Cashier's check for anything over $1000.
__________________
The member formerly known as MogulMonster. Heatware

My FS/FT stuff
Mr N8 is offline   Reply With Quote
Old 03-30-2004, 03:02 PM   #10
iamwiz82
Lifer
 
iamwiz82's Avatar
 
Join Date: Jan 2001
Posts: 30,505
Default RE:Stupid Question: How do you make the down payment on a car?

the penny jar
iamwiz82 is offline   Reply With Quote
Old 03-30-2004, 03:03 PM   #11
CPA
Elite Member
 
CPA's Avatar
 
Join Date: Nov 2001
Posts: 28,920
Default RE:Stupid Question: How do you make the down payment on a car?

Down payment? What's that?

I don't make down payments on cars.
__________________
Temp Heroes - BoomerD, skyking, jacob0401, EagleKeeper, alchemyst, Sabot, Shinerburke, bob4432
CPA is offline   Reply With Quote
Old 03-30-2004, 03:06 PM   #12
RossMAN
Grand Nagus
 
RossMAN's Avatar
 
Join Date: Feb 2000
Posts: 74,888
Default RE:Stupid Question: How do you make the down payment on a car?

4 possible methods (listed in order of most preferred)

1) Cashier's Check
2) Personal Check
3) Cash
4) Credit Card (which risks not being accepted and/or you will have to pay the 3% VISA/MC processing fee).
__________________
Hilarious
RossMAN is offline   Reply With Quote
Old 03-30-2004, 03:09 PM   #13
JulesMaximus
No Lifer
 
JulesMaximus's Avatar
 
Join Date: Jul 2003
Location: San Diego (aka Literbike, CA)
Posts: 67,373
Default RE:Stupid Question: How do you make the down payment on a car?

If buying from a dealership personal check is fine.

Private party will probably demand cash or cashiers check.
__________________
“The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.” -Frank Zappa
JulesMaximus is offline   Reply With Quote
Old 03-30-2004, 03:11 PM   #14
spidey07
No Lifer
 
spidey07's Avatar
 
Join Date: Aug 2000
Posts: 65,450
Default RE:Stupid Question: How do you make the down payment on a car?

Quote:
Originally posted by: Vic
Certified cashier's check for larger amounts
yep.
__________________
___
(\__/)
(='.'=)
(")_(")
spidey07 is offline   Reply With Quote
Old 03-30-2004, 03:33 PM   #15
dxkj
Lifer
 
Join Date: Feb 2001
Posts: 11,771
Default RE:Stupid Question: How do you make the down payment on a car?

$5400 down.
__________________
I'm cold <img******="i/expressions/face-icon-small-sad.gif" border="0">

1/23 250
dxkj is offline   Reply With Quote
Old 03-30-2004, 04:17 PM   #16
OZEE
Senior Member
 
Join Date: Feb 2001
Posts: 985
Default RE:Stupid Question: How do you make the down payment on a car?

Quote:
Originally posted by: JulesMaximus
Check. Only an idiot would charge a downpayment on a car on a credit card unless you have the money to pay it off right away and fully intend on doing just that. You would be better off putting zero money down rather than charging it.
I knew a guy who ordered a brand new pickup several years ago. Got quite a good discount for financing it through Ford - only had to make one payment, then paid it off with his Discover card - got the maximum amount back on that - then paid off his Discover card in full when the statement came. Got that pickup for several thousand less than list by taking advantage of the system.

OZEE is offline   Reply With Quote
Old 03-30-2004, 04:21 PM   #17
fs5
Lifer
 
Join Date: Jun 2000
Posts: 11,775
Default RE:Stupid Question: How do you make the down payment on a car?

Quote:
Originally posted by: OZEE
Quote:
Originally posted by: JulesMaximus
Check. Only an idiot would charge a downpayment on a car on a credit card unless you have the money to pay it off right away and fully intend on doing just that. You would be better off putting zero money down rather than charging it.
I knew a guy who ordered a brand new pickup several years ago. Got quite a good discount for financing it through Ford - only had to make one payment, then paid it off with his Discover card - got the maximum amount back on that - then paid off his Discover card in full when the statement came. Got that pickup for several thousand less than list by taking advantage of the system.
yup, it's called a dividends card. I put a $1000 deposit (for ordering) down on my cc.
fs5 is offline   Reply With Quote
Old 03-30-2004, 04:25 PM   #18
dxkj
Lifer
 
Join Date: Feb 2001
Posts: 11,771
Default RE:Stupid Question: How do you make the down payment on a car?

I would pay a chunk using my discover card if they didnt charge me 3% to do so.
__________________
I'm cold <img******="i/expressions/face-icon-small-sad.gif" border="0">

1/23 250
dxkj is offline   Reply With Quote
Old 03-30-2004, 05:03 PM   #19
Pepsei
Lifer
 
Pepsei's Avatar
 
Join Date: Dec 2001
Location: Richmond, VA
Posts: 12,894
Default RE:Stupid Question: How do you make the down payment on a car?

Quote:
Originally posted by: JulesMaximus
Check. Only an idiot would charge a downpayment on a car on a credit card unless you have the money to pay it off right away and fully intend on doing just that. You would be better off putting zero money down rather than charging it.
What are you talking about? I was disappointed I couldn't put all 5k on my Sony card for the points. I could only do 3.5K on the credit card.. I do have the money to pay it off so it wasn't a big deal.

No extra fees for me when I used it to buy a new truck .
__________________
oo----------oo .(\__/)
Japan-A-Radio ..(='.'=) I support one China policy.
Eurodance radio.(")_(") And one Republic of Taiwan policy.
Pepsei is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 02:01 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.