There are a bunch of reasons as to why you need to work at getting the biggest down payment and the best APR on your Landmark Houston TX Chevrolet vehicle, and the biggest one is to keep yourself out of an upside down loan. If you do get into an upside loan, then you can be protected by gap insurance, but that doesn’t change the fact that you’ll be paying to Landmark Houston TX Chevrolet monthly for a long time.

The main source of upside down loans, though, is depreciation, which your Landmark Houston TX Chevrolet dealer might not mention. Depreciation is around thirty five percent the first three years, and after that it lessens, but during those three years you have an upside down loan, where you owe more on your car than what it’s worth.