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SVTPerformance's Chain of Restaurants
Road Side Pub
Anyone have information about loans for older cars
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<blockquote data-quote="Torch10th" data-source="post: 12760228" data-attributes="member: 15703"><p>It's not going to happen. Even with absolutely perfect credit, a bank won't loan you any more than about 120% of the value of the car. That 120% isn't going to cover 18000 on a 2001 Bullit.</p><p></p><p>The bank doesn't care that it has upgrades on it. Upgrades don't increase the value of the car, except to you. You'll have to come up with some funds out of pocket.</p></blockquote><p></p>
[QUOTE="Torch10th, post: 12760228, member: 15703"] It's not going to happen. Even with absolutely perfect credit, a bank won't loan you any more than about 120% of the value of the car. That 120% isn't going to cover 18000 on a 2001 Bullit. The bank doesn't care that it has upgrades on it. Upgrades don't increase the value of the car, except to you. You'll have to come up with some funds out of pocket. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Anyone have information about loans for older cars
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