Re:Collector's Car loan
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Re:Collector's Car loan



Scoob:

My credit union also did me the same discourtesy, stating that due to the age of the vehicle, they couldn't offer me a used car loan at 5.9% interest -- only a "major purchase loan" at 12%. The only good thing is they would use the highest amount given in the NADA Blue Book, and they'll be able to lend it for a longer period of time. (My CU allows 48 months on a used car loan under $20k, no ifs ands or buts.)

You might find a company that deals in classic autos more useful. I'm sure somebody out there on the DML has a suggestion. As for me, I'm still looking.

Farrar

Date: Mon, 12 Jan 2004 14:47:26 +0000 (GMT)
From: Scooby <chinatown_film@xxxx>
Subject: Collector's Car loan

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:






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