[Shotimes] OT Used car financing

[Ian Fisher]

Ron
I had a dream that I bought your 911 last night. I
totally forgot until you mentioned this.

This is 2 nights after I had a dream that I crashed my
SHO.

ahhh

Ian

--- Ron Porter <ronporter@prodigy.net> wrote:

> Yeah, the whole issue isn't that a car is 5 years
> old, or has over 80K
> miles, it's (as Ian mentioned) what is the value to
> be used as collateral?
> Most regular cars are not worth much after 5 years.
> IIRC, Fred used Capital
> One when he bought my 911 a year ago. Even on a
> 21-year-old car the market
> value was still up there.
> 
> Another way is to get an unsecured Home Improvement
> loan, or something along
> those lines. Or use a credit card. Granted,
> unsecured loans have higher
> interest rates, but, that's life.
> 
> Ron Porter
> 
> -----Original Message-----
> From: shotimes-admin@autox.team.net
> [mailto:shotimes-admin@autox.team.net]
> On Behalf Of Paul L Fisher
> Sent: Friday, December 09, 2005 6:11 AM
> To: 'Peter Chase'; 'Sholist'
> Subject: RE: [Shotimes] OT Used car financing
> 
> My credit union has no issues with any car I drag to
> them. www.abecu.org
> Problem is, you have to be a member.
> 
> 
> Paul L Fisher
> 
> -----Original Message-----
> From: shotimes-admin@autox.team.net
> [mailto:shotimes-admin@autox.team.net]
> On Behalf Of Peter Chase
> Sent: Thursday, December 08, 2005 10:10 PM
> To: Sholist
> Subject: [Shotimes] OT Used car financing
> 
> Has anyone ever tried to obtain financing for a used
> car that was more than
> 5 years old or had more than 80,000 miles?  I've
> tried multiple different
> lenders but no-one seems to offer any type of
> financing for cars of this
> age/mileage, regardless of how much I have to put
> down.  Are there any
> specialty companies out there who do these types of
> loans?
> Thanks,
>     Pete
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