Re: Where to finance a car

[jtrealty@xxxx]

The first and best place to try to get a loan to buy a Delorean would 
be the bank you are currently doing business with. If you have some 
money with them and a good history of payments you should be able to 
get a personal loan with the car as collateral. As an alternative if 
you have significant assets try to get a personal loan, don't call it 
a car loan, some banks don't understand collecter cars and will want 
to make it a car loan. It also pays to shop because some banks give a 
better rate than others. Don't forget to negotiate the costs of the 
loan and try not to have any pre-payment penalties so if you have to 
you can sell the car without extra costs. It always pays to try to 
have at least a casual relationship with an officer in the bank, at 
the very least say hello to them whenever you are in, they have the 
authority to waive all kinds of charges for good customers or at least 
the ones they like.
David Teitelbaum
vin 10757

--- In dmcnews@xxxx, Aaron Posey <cadysrme@xxxx> wrote:
> Try a smaller or newer local lending institution. I got my