financing a pro touring car

[awr68]

Originally Posted by camcojb

Nothing at the moment! Unless I find someone who likes pt cars and will loan accordingly!

Jody

Perhaps Uncle Charley can help out with that!?!?!

[Steve Chryssos]

Originally Posted by Ummgawa

How PT'D is the car, Jody? Can you put factory wheels back on it and finance it as a Muscle Car? I introduced old car financing at the bank I used to work for and it was no problem, most time financing was 100%. Do you have any additional collateral you can give? Finance what you can and cross collateralize the balance with something else of value, another car, boat, CD,etc. Sometimes you'll find that credit unions are much more flexible than banks. Call me if you need some help, dude, its the least I can do for all the help you've thrown my way.

I would like a bag of fifties and umm, a roll of quarters. Yes, I would like to supersize.

[c.schulz]

Hey Id like to know also.Maybe I could start some work on mine. The lottery hasnt payed off yet so...................


Chris

[camcojb]

Originally Posted by awr68

Perhaps Uncle Charley can help out with that!?!?!

Ummmm, I don't think so!

Jody

[ProdigyCustoms]

A certain 65 Chevelle at it's new reduced price isn't peaking your interest is it?

[jy211]

I have a friend who works at Bank of America...she's very creative when it comes to loans...

[Smack_talker]

You can try Capitol One too. They have financied some older specialty cars in the past.

[camcojb]

Thanks guys. Unfortunately the lending institutions don't see the real value in these cars, and no matter how strong the credit they will only loan about 60-70% of the value. If I picked a restored Cuda they'd loan 90%, but the modded cars in the higher price ranges do not float their boat.


Normally a 30% down would be doable, but not at this price and not at this time. Just dumped a ton of money in the house (again!).

Jody

[Steve Chryssos]

[Stuart Adams]

Steve