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Cobra R's
Is it possible to get legitimate financing for a 2000 Cobra R?
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<blockquote data-quote="99BOSS" data-source="post: 10628308" data-attributes="member: 8733"><p>It is tricky to get money for older cars. I had this prob with my Saleen. Its a 99 so its in the same boat as a 00R. I tried my local bank, State Farm, local credit union and none of them would go back that far. I also had a 800+ credit score so that wasnt an issue. I called some of the collector car places and they would go back that far but wanted 10% on the loan. Too much. I finally ended up talking to a friend of my dads thats fairly high up in a local bank and hes a gearhead so that helped a lot. I told him what I wanted and he was even familiar with the Saleens. Big plus. So he got me the loan but its set up as a personal loan. You just have to keep calling and checking around. A 99-00 is too old for most banks but not old enough for collector car places sometimes.</p></blockquote><p></p>
[QUOTE="99BOSS, post: 10628308, member: 8733"] It is tricky to get money for older cars. I had this prob with my Saleen. Its a 99 so its in the same boat as a 00R. I tried my local bank, State Farm, local credit union and none of them would go back that far. I also had a 800+ credit score so that wasnt an issue. I called some of the collector car places and they would go back that far but wanted 10% on the loan. Too much. I finally ended up talking to a friend of my dads thats fairly high up in a local bank and hes a gearhead so that helped a lot. I told him what I wanted and he was even familiar with the Saleens. Big plus. So he got me the loan but its set up as a personal loan. You just have to keep calling and checking around. A 99-00 is too old for most banks but not old enough for collector car places sometimes. [/QUOTE]
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Is it possible to get legitimate financing for a 2000 Cobra R?
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