I need help figuring out car loans!

[DrJsl2008]

I figured this would be a good place as I'm sure many here have car payments. I just started a new job, and make a lot more than I did before. I have been planning on selling my current car for awhile now, and it is time. I need to sell it in the near future, and with my higher wage would like to take out a car loan for my next car.

My problem resides in the fact that I do not have a large amount to put down right now, besides my car that I am selling. With that down payment my monthly payments would be higher than I want. Would a bank allow me to take out a car loan with a higher monthly payment, and then in a month or two when I can put much more money down on my car do that and then lower my following payments?

Thanks for the help in advance!

 

[slowmkviii]

dont think so
just wait till you have the money you need don't rush that's how bad decisions are made

 

[MaddShadez]

You would have to refinance it, and being that soon after starting a loan most banks won't do it.