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Originally Posted by MF_DEUCE

Noob question:

Doesnt putting more cash upfront lower the mothly payments?
if so,
then wouldnt it be better to place money versus going with the $0 down?

This will be my first new car purchase, so if someone could explain it as clearly as possible I'd appreciate it.

Just think of it like a sesaw effect. The more you put down, the less you pay monthly and the less you put down the more you pay monthly. But in either case it's the same net dollar amount you pay. You either pay more up front, or pay as you go. In times where the interest rates are low as they are the two scenarios I mentioned above are fairly equal in terms of net dollars out of pocket.

The main difference is if you pay more up front, you have less, or no, money to take advantages of potential opportunities to invest the money elsewhere. So basically, it's a potential loss of opportunity we're talking about.