Here's a quote I got from Woodside Credit this morning. this is based on credit 740+ and of course other factors like DTI, etc...
Purchase price $130k / Down payment $26,000 / Amount financed with 8% TT&L ($10,400) total amount financed $114,400 at 5.50% with 144 month term. monthly payment $1,087.00. I received quotes at $90k, $100k, $110k and $120k as well. Just for example went with a higher amount.
I'm currently looking to pick up a "G" myself in the near future. I tend to go in and out of cars quite often. So for me it makes sense to put the least down, stretch the loan term long as possible, to make the monthly payment low as possible and use my other $$ to invest it where it yields me a return.
Let's compare buying a car cash to financing with the terms above from woodside credit. I can put down the $26,000 for the car and with the remaining $104k invest it into either a business or what I like to do is a real estate rental property. With $104k I can pick up either 2 rental properties all cash in the midwest, or finance 3-5 rental properties at 25%-30% down. But let's say I pick up 2 rental properties all cash with the $104k...Those 2 rental properties will generate more income than the $1,087.00 monthly car payment mentioned above. Plus I have an asset that may appreciate 1-2% year after year and get the tax benefits (write offs). I don't intend to keep the car for more than 2 years probably so the 144 month term isn't a big deal.
Just like real estate, you make your money on the purchase and not on the sale down the line. Be patient and buy the car at a good price (below market)
In the end, each their own and should do what you feel is comfortable. I've been in real estate over 14 years and met many wealthy people. The wealthiest just know how to leverage other's money (bank, private loan, etc..) to their advantage.
Cheers