RE: [DML] Collector's Car loan
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RE: [DML] Collector's Car loan
- From: "Michael C. Babb" <michael@xxxx>
- Date: Mon, 12 Jan 2004 17:42:47 -0500
I did have to get a written estimate when I purchased mine about 6 years
back (but only because it was worth above what Kellys was listing as the
values on the cars at that time . . .other than that, my credit union
treated it just like any other older car, a higher rate than on a brand
new car, but definitely less than 12% - and they would have done a loan
for up to 60 months.
You may try taking them the "insurance letter" from DMCH, and see if you
can convince them it is not technically a "collectable car" - even
though I would normally call it just that.
Michael
-----Original Message-----
From: Scooby [mailto:chinatown_film@xxxx]
Sent: Monday, January 12, 2004 9:47 AM
To: dmcnews@xxxxxxxxxxxxxxx
Subject: [DML] 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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