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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?
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!View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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