'Trust'

iTrader: (24)

Both my 98 Blue TA and my White 01 were bought outright, and I got the 98 when I was 18. I borrowed through Capital One for the one in my sig because I still have the white 01. Once I sell that I'll be paying the rest of the WS6 off, my score is close to 750 though and I'm 22 now.

DarkJuggalo

iTrader: (6)

i paid for my 01 ws6 cash, usually u get the car cheaper that way

PharmD2010

Just keep in mind, it's not just your credit score that matters. Trust me, I've found that out the hard way. I currently have around a 720-740 credit score but can't get a loan due to "too many inquiries on my credit within the last 60 days ( because I opened 2 new credit card accounts, only to transfer balances from other high interest credit cards to the new ones at 0% for 15 months and I also closed the old credit card accounts once the balances were transferred). Just because of 2 newly opened accounts I can't get a loan right now. So be sure not to apply for any other credit while you are going through this process. I don't know who you bank with, but my first try would be with a bank. My bank gave me what I wanted regardless of value of the car. Otherwise, I would try capital one. I really like their flexibility on buying. Also like others mentioned, getting a co-signer will definitely help get your rate down and increase your chances of getting approved.

On a side note, I'm sure you've done your research, but I'm just curious... why the switch in cars? The only thing I can figure in your situation would be to get something a little cheaper? I know I am in the market right now for another car and the only thing holding me back from getting an f-bod is the thought of driving one as a daily driver (but I want one really bad!). From my experience (which to be honest is lacking in f-bods) a mustang has a little more comfortable interior and ease of driving (i.e long nose of the f-bod). It also doesn't have the rear diff issues. Just wondering what your thoughts were on a comparison between the 2. Wow, sorry for the long post.

brady_f

iTrader: (1)

Its not that I dont like the cobra, its just that I am trying to get into something a little bit cheaper at the moment so I can pay some bills off and find a new apartment. BTW, Its not stock either ( CAI, Full Exhaust, Port, Tune ~495rwhp). Its a great car, and I may end up keeping it...who knows. But I do like the look of the Fbody's and would really like to find a WS6 in excellent condition, but that would defeat the purpose of selling my car due to the high price of them right now.....I dont know what I want to do, LOL

Moscosoalfredo

bought mine at an auction for $2,000 CASH MONEY BABY!!!

brady_f

iTrader: (1)

Yeah, but I want a perfect condition 01-02 WS6, M6,..FLAWLESS. There's just something about having a car thats in immaculate condition...
So if I do end up getting an Fbod' its gonna have to be a damn nice one, preferably that has hardly been driven.

kevin's_00ss

why the hell would you go from a cobra to an f-body???? talk about a down grade.. unless yours is on of those that was ragged the heck out then return to stock then sold to a dealer and you payed way to much for it..

MiniTransAm

iTrader: (3)

Try going through lending tree. I got an awesome rate on my 02 WS6. 12K loan with a 6.15% interest rate over 5 years.

slow

iTrader: (7)

I bought my 98 ws6 when it was 5 years old, no issue getting a load for 12,000

Ryan

brady_f

iTrader: (1)

Whoa, 5 years old and no issue getting a load?? J/K..thanks for all the help guys

StuntmanMike

iTrader: (2)

I used the Capitol One blank check, it was very easy. I was going to go through my bank, but the terms were basically the same and the Cap 1 was easier to do, so I went that route.

On a side note, don't pay 16k for one of these. These are, at the newest, 6 year old cars. 16K is way too much unless it's a extrememly clean limited edition with super low mileage.

If you can afford 13k right now, stick with that. You should be able to find a good example for that price.

StuntmanMike

iTrader: (2)

Is this car going to be your DD? It's kind of a waste of money to buy a car in immaculate shape if you don't have anything else to drive. That first door ding will make you cry!

I bought mine to be a driver....the interior is extremely clean, but the car isn't flawless by any means. Which means I don't mind so much when it sits out in the rain or gets bird **** and road grime on it.

AiDRocks

iTrader: (13)

I work at a bank and wouldn't suggest trying to finance through Capital One. They sucked when I had them for my old car. To be honest I wouldn't even go through my bank. I would suggest your local credit union. Dealers themselves typically go through them. They will usually offer better rates.

cool whip

iTrader: (1)

I saved for 3 years and paid in full.

BlkBird2000

iTrader: (10)

How come your not able to sell the cobra, pay off the loan or whatever you owe on it and put the rest of it down on a ws6. 03-04 cobras arnt cheap.

Plus why are you switching?? I would take a few cars over my ws6. A 03-04 cobra is one of them! Oh, I'm 19 too. I owe 4k on mine.