Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
Cobra Forums
The Terminator
Terminator Talk
Opinions-Should I sell?!?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="ruthless" data-source="post: 15595904" data-attributes="member: 56567"><p>Just a heads up but banks are not looking at these cars as good investments. If a buyer doesn't have play money set aside then its going to be very hard to get what your car is worth OP. I just did this and for giggles talked to a couple banks. Hey when your money is tied up and making money why not right? Well for the differance in interest I could have just gotten a 2013-2014 GT for the same total cost in the end. The freakn interest rates were insane even with perfect credit. I was told our cars are currently in a "void" area. They are too old and at the same time not old enoughn to draw a banks attention. Needless to say I was a little upset and kinda yelled at the banks. They are certenly trying to force people to buy newer in hopes they can resell easy if they don't recieve payments.</p><p> So car guys like us are kinda stuck if you dont have cash sitting around. No way was I going to pay anything over 5% or almost tripple that from one bank. I am not sure how some people sleep at night.</p></blockquote><p></p>
[QUOTE="ruthless, post: 15595904, member: 56567"] Just a heads up but banks are not looking at these cars as good investments. If a buyer doesn't have play money set aside then its going to be very hard to get what your car is worth OP. I just did this and for giggles talked to a couple banks. Hey when your money is tied up and making money why not right? Well for the differance in interest I could have just gotten a 2013-2014 GT for the same total cost in the end. The freakn interest rates were insane even with perfect credit. I was told our cars are currently in a "void" area. They are too old and at the same time not old enoughn to draw a banks attention. Needless to say I was a little upset and kinda yelled at the banks. They are certenly trying to force people to buy newer in hopes they can resell easy if they don't recieve payments. So car guys like us are kinda stuck if you dont have cash sitting around. No way was I going to pay anything over 5% or almost tripple that from one bank. I am not sure how some people sleep at night. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cobra Forums
The Terminator
Terminator Talk
Opinions-Should I sell?!?
Top