Got Approved Thru Capital One

[NewStart2010]

Got approved at Capital One for a car up to $9000..of course I want that to cover tax and title.

I am in dire need of a car - my car will not make it another 6 months so I am on the hunt.

Questions - if I find a car that costs less - can I change the amount I am financing? I would be happy with a car that's $5000 and ready to drive off the lot at this point, you know?

And I didn't see anything about a down payment...am I missing that part? Or is this check to cover it all?

How long does this stand? The approval? If I don't find a car for a month or so, does it still last a while?

Thanks!

[teacher]

You need to read the fine print from Capital 1. Although you're allowed to go under the max approved amount, there are still "requirements" that the vehicle must meet (year/mileage/etc). These questions are ones you should be asking Capital 1.