Truck is sold, now I'm Cobra hunting

[Gooch03]

A few months back I posted a thank you to you guys for the advice on how to pay down my negative equity on my truck. Tomorrow the truck will be gone and I will no longer have a truck. So from here till Christmas time I'm gonna be saving for a Cobra. Question I have is does anyone know where I can get a loan for these cars? My bank said if its over 5 years old its out of the question.

 

[Eds01Lightning]

Depending on your age you may have to get a second loan for the insurance on a Cobra! It will be considerably higher than it was on the truck. Have you checked to see about what the insurance will cost? You might want to do that first.

 

[Gooch03]

I'm 21. Since I pay for my parents cell phone bills they let me stay on their insurance to save me money. A guy that I'm talking to has told me to go through JJ Best Banc for the loan. Anyone have experience with them?

 

[Zoie_daGT]

sorry, cant offer much advice but.....




Happy Cobra hunting.

 

[fiveoh2go]

Your best bet for getting a loan is to go through a credit union, not a bank. A CU usually has fewer restrictions on their car loans and may also be able to offer you a lower APR. Good luck.

 

[thomas91169]

yup, the guy that bought mine was still able to get a loan through the Credit Union (Golden One) for a 03 and this was back in Feb. 09.

 

[lobra97]

Federal Credit Union, got my 13 year old car through Navy FCU, no questions asked. they gave me loan and i'm almost done paying it, on time everytime. good luck w/ search!