Has anybody financed an older car?
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Has anybody financed an older car?
Ive been looking to get an MK4 Supra lately, but not sure if any banks will finance it since its an older car. Has anybody had any luck financing an older car? What is/was the intrest rate? Any info will help. Thanks in advanced
Nate
Nate
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I know there are companys that do classic cars and hotrods..im not sure if they would do a supra??
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Im sure any bank will, they just have to have some info about the car. There not going to give you a loan to buy a project car. I also think they take into consideration the NADA value of the vehicle and they base how much they lend out on that too. Hope that helps a little bit. Ive only financed one car.
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If you qualify, you can go with Roadloans.com...used to be Eloans.com. They basically give you a check, that you can write to anyone, for just about any car.
I used them to buy my 53 Merc. 6 ish percent interest, 5 years.
Toby
I used them to buy my 53 Merc. 6 ish percent interest, 5 years.
Toby
