Car Restoration Financing?

[Flash68]

Originally Posted by Tony_SS

Free market interest rates to reflect risk would be ideal, but since the rates are fixed at the top, they don't reflect reality. Now they're encouraging borrowing.

If someone was to keep their cash liquid and borrow money to finance a resto at 1.9%, I can't say I'd blame them.

The official smiley for this thread

Agreed on a better route to take if it's available. Not that many of us would condone it.

[Tony_SS]

Originally Posted by Flash68

Agreed on a better route to take if it's available. Not that many of us would condone it.

I'm not one to tell someone they shouldn't build a car.

[Sparks67]

I have looked into financing in the past from a local credit union at work, but the rates were rather high. So, I just saved up the money and paid cash. Even if you pay for via Credit Card, then pay off each month. I had 2 friends that couldn't wait, so they end up filing bankruptcy.

Jeff