That's absurd. I went through a credit union and got a loan with only 3.9% interest. I needed to send pictures and what I believed the car to be worth, but no appraisal. Matt #1604 --- In dmcnews@xxxxxxxxxxxxxxx, Scooby <chinatown_film@xxxx> wrote: > Having recently joined a credit union, I decided to contact them regarding a loan for a DeLorean having read here that a lot of people have had luck going through credit unions. This is their reply: > > "This is in response to your e-mail concerning a loan on a 1983 collectable car. First you would need to obtain a written appraisal for the car. This loan would be considered a signature loan . Loan terms would be for 48 months with a 11.99% to 18% interest rate.Thank you, Chartway e-Banking" > > Is this normal practice having a written appraisal / interest rate high in your experience?