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Bank Loan value on used cars?

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Old 12-20-2007, 03:28 AM
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Originally Posted by CJDZ24_Z28
If she is trying to go thru a credit union or such she may be out of luck. My credit Union will not finance a vehicle older than 2000. That will change in 2 weeks. Then they will not finance a vehicle older than 2001. I'm sure there is a bank or something out there that will do it.
That sounds out rageous to me. My credit union will finance anyting after 84. If it is older you have to have a certified apprisal done to make sure the value of the car is more than the loan. That is how I finance my 76 vette.
Old 12-22-2007, 02:23 PM
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yep nothing ever happend they would only give her 4,000 credit line loan due to her credit being maxed out......



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