Stallion Motorsports1647545491 Posted May 5, 2005 Report Share Posted May 5, 2005 Most major banks, regardless of great credit history, won't even give me a quote for a vehicle more than 5-7 years old. This has to be possible, anyone here work for a dealership with access to the "Mom and Pop" banks? thanks, Tom Quote Link to comment Share on other sites More sharing options...
Guest racinbird Posted May 5, 2005 Report Share Posted May 5, 2005 you may have to look into a higher rate unsecured loan. May have to get the car apprasied to talk to a bank about an older car. :shrug: Quote Link to comment Share on other sites More sharing options...
ttemper Posted May 5, 2005 Report Share Posted May 5, 2005 my car is 11 years old, and i got approved for a loan on it. Granted, ive been banking with them for a long time. im sure there are certain variables that come into factor. just check into it, thats what i did. whats the harm? Quote Link to comment Share on other sites More sharing options...
Mojoe Posted May 5, 2005 Report Share Posted May 5, 2005 you may not be looking at a good rate at all. The fact is that a ten year old car is not a good investment for a bank. You may have to work with a finance company, like Citi Financal or American General. They both will punch you in the nose on the rate, but they lend higher risk money if your bank wont. good luck. BTW, what is the car? Quote Link to comment Share on other sites More sharing options...
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