Today I’ll shed a light on the negative aspects of $0 down financing.

Let's go!

If you're not putting any money down, you're at a greater risk of developing negative equity over time. Usually that's not an issue, unless you're looking to trade it in before it's paid off.

Lenders usually don't like to finance vehicles with no borrower's skin in the game. They prefer vehicles that maintain their value well because it's less risk for them (if you're not paying, they can sell the vehicle and get the dough back).

And finally...

This one's easy to understand. The more you put down for a vehicle, the lower the monthly payment will be.

That's all for today.

Want to get your next vehicle with no down payment?

Work with professionals that are able to reduce the risk of negative equity by picking the right vehicle at an affordable monthly budget.

I (selfishly) recommend http://www.ApprovalTeam.ca.