Re: [Chevelle-list] classic car financing
Ya, I just dont want to attach a car to my house. I contacted my bank today, they're looking into an unsecured personal line of credit for me for around 15K... they said it has lower interest than a personal loan... I don't understand banks, I'm sure they're out to ream me somehow though. I'll let you guys know what turns up! In the meanwhile, I have a 64 SS drop top for sale if anyone is interested, my dream done went and turned into a nightmare :( Dan McIntoshStreet Metal FabricationsPavement Scraping 1964 Impala SS Convertiblehttp://www.lowriderimpala.com - Original Message - From: Herb Lumpp To: The Chevelle Mailing List Sent: Thursday, October 07, 2004 10:00 PM Subject: RE: [Chevelle-list] classic car financing Hi Dan, If you own your home, you can always get a home equity loan which will give you lower rates along with tax deductible interest. Plus, you can use the money for whatever you want! Herb Lumpphttp://users.adelphia.net/~hlump/index.htm -Original Message-From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]On Behalf Of Dan McIntoshSent: Wednesday, October 06, 2004 6:17 AMTo: [EMAIL PROTECTED]Subject: [Chevelle-list] classic car financing Anyone ever financed a classic car? I found a beautiful 63 Impala SS in Canada, but I don't have the cash just sitting around. I'm almost sure I cant walk into my bank and get an auto loan for this. Any ideas? Thanks Dan McIntoshStreet Metal FabricationsPavement Scraping 1964 Impala SS Convertiblehttp://www.lowriderimpala.com
RE: [Chevelle-list] classic car financing
Hi Dan, If you own your home, you can always get a home equity loan which will give you lower rates along with tax deductible interest. Plus, you can use the money for whatever you want! Herb Lumpphttp://users.adelphia.net/~hlump/index.htm -Original Message-From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]On Behalf Of Dan McIntoshSent: Wednesday, October 06, 2004 6:17 AMTo: [EMAIL PROTECTED]Subject: [Chevelle-list] classic car financing Anyone ever financed a classic car? I found a beautiful 63 Impala SS in Canada, but I don't have the cash just sitting around. I'm almost sure I cant walk into my bank and get an auto loan for this. Any ideas? Thanks Dan McIntoshStreet Metal FabricationsPavement Scraping 1964 Impala SS Convertiblehttp://www.lowriderimpala.com
RE: [Chevelle-list] classic car financing
Title: Message I know that Capital One Auto finance advertises that they will finance "higher value" used cars. As long as the dollar amount is (I think) over $7,500 they will consider it. I don't know how good the rates are. https://www.capitaloneautofinance.com/Public/ApplyNow/ Brad Waller ([EMAIL PROTECTED]) '66 Corvette | 327/dead | 4-speed | Wilwood Brakes | 245/45/16 BFG R1'67 Chevelle | ex-SS396 | 355/700R4 | F-Body Brakes | 275/40/17 Kumho MX -Original Message-From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Dan McIntoshSent: Wednesday, October 06, 2004 3:17 AMTo: [EMAIL PROTECTED]Subject: [Chevelle-list] classic car financing Anyone ever financed a classic car? I found a beautiful 63 Impala SS in Canada, but I don't have the cash just sitting around. I'm almost sure I cant walk into my bank and get an auto loan for this. Any ideas? Thanks Dan McIntoshStreet Metal FabricationsPavement Scraping 1964 Impala SS Convertiblehttp://www.lowriderimpala.com
Re: [Chevelle-list] classic car financing
Hey Phil, That'sa Nicea !
Re: [Chevelle-list] classic car financing
Dan: If you've got the credit you can get a loan. The bank or credit union would just put a lien on the title just like buying from a dealer, etc. Or you could be offered a personal loan. Then it doesn't matter what you do with the $$. They know you have the means to pay it back. I promised my family that when I bought my 65 SS years ago that we would not be squeezed financially. I had just sold a rust bucket, and began putting together a "dream fund". By the time I found the car I had about 1/3 of the cash I needed. I have good credit. That just means I pay my bills on time & am not over extended & live within my means. My neighbors all drive fancy new cars. My driver is a 9 year old Mazda Protoge and my wife has a 6 year old base model Nissan mini van. The Chevelle gets all my $$ and its worth it. Anyway I started with a personal loan cause it was the quickest way to get the $$ after negotiating w/the owner for about 6 weeks coast to coast. I converted to a used car loan and now have about a year left at 3% interest. Rates are historically low now. GO FOR IT!!! What ever you do, don't borrow off the street from a big guy named Guido. "If you donta pay, he gonna break you face". Just kidding all you Italian guys out there. I've got an ethnic heritage also. Phil G. 65 SS MCC #36 ACES #555 TC #1766 VCCA LGC AMCA
