Although down payments are not required at CA Lending® to obtain a car loan, customers that put $1000 or more as a down payment usually get more favourable interest rates and terms as it demonstrates a sincere desire and motivation to pay of their car loan and improve their credit rating in the shortest time possible. 50% of all CA Lending® customers choose to make a down payment of $500 to $1000 even though they are not required to do so.
