---
id: faq-0003
title: "How much should I put down as a down payment?"
category: faq
subtopic: financing
page_type: faq
source_url: "https://www.castlecadillacmchenry.com"
tags: ["financing", "down-payment", "money"]
questions:
  - "What's a typical down payment?"
  - "Do I need a large down payment?"
  - "Can I buy with zero down?"
related: [monthly-payments, loan-terms, trade-in-value]
dealer: Castle Cadillac McHenry
---

Down payments typically range from 10% to 20% of the vehicle price, though some customers put down less or more depending on their budget. A larger down payment lowers your monthly payment and the total interest you'll pay, but it's not always required.

Many people use a trade-in to cover part or all of the down payment-that's a smart way to start fresh. If you have savings to put down, it can save you money over the life of the loan.

Castle Cadillac McHenry's Finance team will show you how different down payments affect your monthly cost, so you can choose what works best for you. Call (779) 265-4427 to see your personalized options.