How Your Deposit Size Affects Your Reality

We all want to pay the minimum deposit. "Just 10% down!" sounds great today. But a low deposit means a massive monthly loan repayment and huge interest costs over 48 months.

Furthermore, it puts you in a trap called Negative Equity—where you owe the bank more than the car is worth. If you crash or need to sell after one year, you still owe money. Stretching your deposit to 30% or 40% significantly lowers your monthly burden and puts you in a safer financial position. It's short-term pain for long-term gain.