i have gone through about every bank around where i live and no one will finance the 93 RX7 i am trying to get a loan for, they all say the car is too old. Do you guys know of anywhere i could get a loan that would be able to finance me for this 93 RX7?????Please help...

 

get a personal load maybe?

 

Join a credit union and try to get them to finance it? But that would take a while..

 

they are gonna screw you anyway. Most use a special blue book for "special interest autos" which is what our aging FD falls under...and a good condition 93 values at 11.4K to them....as if there are a bunch of nice Fds with no problems for a measly 11.4...

 

i already tried a personal loan

 

My father just was approved a loan (60 months, 6.5% interest) of $13.5k to purchase a 93 R1. I was pretty damn surprised--5 yrs for a ten year old car. It is through Pentagon Federal Credit Union--I think you have to be active/retired military to be a member, but you might want to do a search for their website and check them out.

take it easy--

 

I got my loan through www.PeopleFirst.com last year. They will loan up to www.kbb.com retail. This should be good enough to get a 93 in good condition. Last year they would loan me $17,400 for a 93 R1 with up to a 60 month loan.

 

I ended up having to go with a Personal loan from my bank. Most other loans didn't apply because of the age.

I tried a couple of credit unions and they quoted me ridiculous interest rates..

PeopleFirst.com will give you a loan for a '93 if you can get approved.

 

you guys wanna hear ridiculous? i paid 20% apr for my accord...beat that!!!!!

 

I hope it was a short term loan. Paying that much interest over an extended period of time is beyond overkill!

How come you had to pay that bad a rate? Even with lousy credit I would think it would peek around 15%?

 

dont online loan agencies like Peoplefirst.com and the like require an unbelievably clean credit history though? I'm waiting for approval from Pentagon Fed Cred U...

 

nope, if you are willing to paid high interest you can get a loan.

 

I have good credit, but I'm kinda young (23) and don't have enough established credit to get a loan thru peoplefirst.com. I was pretty pissed, since my credit is actually really good.

For my RX7, I ended up getting a loan thru the dealership (Toyota Finance) for like 10%. Then I paid it off with a combination of 0% introductory credit cards till May 2003, and 7.9% on my GM Card. I guess it all worked out in the end.

 

anyone ever try lendingtree.com for an auto loan? sory to revive this thread, but I found the exact car that I want, for 13,900. and I need to see who will give me a loan for that much for a 93 manual touring with 100k miles.