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SVTPerformance's Chain of Restaurants
Road Side Pub
Any suggestions for financial institution for Cobra financing?
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<blockquote data-quote="Planter" data-source="post: 11465667" data-attributes="member: 101620"><p>that's an 11 year old car, most banks or credit unions won't finance something that old for that high of a price because of maintenance, lack of warranty issues. there are some credit unions that will, but he'll pay a higher interest rate if they do, but most i've dealt with draw the line at 7 years.</p><p></p><p>unless he perhaps has some other collateral that is worth the value of the car, or he puts a big down payment on it, it's not happening.</p></blockquote><p></p>
[QUOTE="Planter, post: 11465667, member: 101620"] that's an 11 year old car, most banks or credit unions won't finance something that old for that high of a price because of maintenance, lack of warranty issues. there are some credit unions that will, but he'll pay a higher interest rate if they do, but most i've dealt with draw the line at 7 years. unless he perhaps has some other collateral that is worth the value of the car, or he puts a big down payment on it, it's not happening. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Any suggestions for financial institution for Cobra financing?
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