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How much do I need for a Dodge Challenger down payment?

After several years of saving, I think I’ve finally built up enough money to buy the muscle car of my dreams—but I want some confirmation. How much do I need for a down payment on a Dodge Challenger?

avatar
Drew Waterstreet · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Hopefully, we are the bearer of good news! For a 2022
Dodge Challenger
 down payment, you will need 20% of the $30,000 MSRP, which comes out to roughly $6,000.
A 20% down payment should qualify you for a favorable interest rate and term length. You may still be eligible for a car loan with a lower down payment, but you may end up paying more over the tenure of the loan. Here is a
guide
 to help you calculate the total cost of your loan.
Before you drive your brand new Dodge Challenger off the dealership lot, it’s essential to have a plan for your
car insurance
. Don’t know where to start? The experts at Jerry can help point you in the right direction.
A licensed broker that offers end-to-end support, the
Jerry
 app gathers affordable quotes, helps you switch plans, and can even help you cancel your old policy. Check it out!
MORE:
Car Loan for Dodge 2022
Muscle CarsCar Down PaymentsCar LoanDodge
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