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Loan for older car

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Old Oct 20, 2010 | 12:51 PM
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Default Loan for older car

Im looking to get a loan to purchase a new car...my credit union wont finance anything older than 7 yrs old...does anyone know where i can get a loan around the lake mary area without a ridiculous interest rate????



thanks
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Old Oct 20, 2010 | 01:08 PM
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Originally Posted by z28_YOU_HO
Im looking to get a loan to purchase a new car...my credit union wont finance anything older than 7 yrs old...does anyone know where i can get a loan around the lake mary area without a ridiculous interest rate????



thanks
how old of a car? and what is the approx value?? USAA did mine, it was 11 years old when I bought it.
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Old Oct 20, 2010 | 01:18 PM
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what kind of car r u looking to finance
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Old Oct 20, 2010 | 01:40 PM
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99 vette
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Old Oct 20, 2010 | 01:53 PM
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Originally Posted by z28_YOU_HO
99 vette
shouldn't have a problem with most banks.

hopefully it's an FRC, otherwise WE will have problems =D
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Old Oct 20, 2010 | 02:00 PM
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FRC of course..Ive talked to a lot of banks and they want finance anything over 7 years old..Im not sure what the hell to do
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Old Oct 20, 2010 | 02:43 PM
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Originally Posted by z28_YOU_HO
FRC of course..Ive talked to a lot of banks and they want finance anything over 7 years old..Im not sure what the hell to do
hmm gayballs =\ I guess they've tightened up since we bailed them out. I guess just keep trying! check every bank and credit union you can find lol
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Old Oct 20, 2010 | 02:49 PM
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Drew there is a bank on the west side of I-4 on 46 like fairwinds or something they will do it.
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Old Oct 20, 2010 | 03:45 PM
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USAA! Hard to become a member, but man they're awesome. Helped me finance classic cars and everything
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Old Oct 20, 2010 | 04:58 PM
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Originally Posted by Erik@Lashway
USAA! Hard to become a member, but man they're awesome. Helped me finance classic cars and everything
not just hard, impossible if you or your family isn't military. My grandpa was a Marine, so I use USAA for EVERYTHING.
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Old Oct 20, 2010 | 05:16 PM
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Originally Posted by ec_nova
not just hard, impossible if you or your family isn't military. My grandpa was a Marine, so I use USAA for EVERYTHING.
you were still able to get it in hmm do your parents have it also I thought it was only one generation down.

Drew have you tried CFE there on rinehart and primera on the back side of the building. not sure how many years they do but i do know they dont like anything over 100k miles. try an online loan I did that for the honda which was nine years old and got 3 years to pay it.
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Old Oct 20, 2010 | 05:54 PM
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i just did with my bank midflorida credit union.. on an 01 SS...dont think they are in the olrando area.. think the closet is haines city
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Old Oct 20, 2010 | 06:09 PM
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volunteer to the red cross, and go to penfed
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Old Oct 21, 2010 | 08:48 AM
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Originally Posted by SSJIMMY
you were still able to get it in hmm do your parents have it also I thought it was only one generation down.

Drew have you tried CFE there on rinehart and primera on the back side of the building. not sure how many years they do but i do know they dont like anything over 100k miles. try an online loan I did that for the honda which was nine years old and got 3 years to pay it.
yea I totally forgot my mom has it lol
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Old Oct 21, 2010 | 09:18 AM
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You need to go to Martin Federal Credit Union and speak to Alison in lending. They financed my 99 Z28 with over 100k on it. Such a great bank.
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Old Oct 21, 2010 | 11:21 AM
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Grow Financial(formerly MCdill) is fantastic.

Dealership was jerking me around on terms and interest rate on my vette because it was "too old". They spent an entire day of thier finance guy "calling in favors" trying to get me a loan. Best they could do was somethign like 48 months at 6%

I walked into Grow and in 20 minutes walked out with a check for the dealer. 3.99% interest and any terms I wanted up to 72 months. The only requirement is that the NADA value of the car be greater than the loan, which is easy unless you are getting a terrible deal. No mileage or year requirements at all.
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Old Oct 25, 2010 | 10:29 AM
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contact Insight financial in lake mary, I sold my 98 ws6 last year to another member and no problems loaning on a 98 w/ 116K at the time (last year about this time)

Ryan
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