10-06-2004, 06:00 PM
Dave Wrote:MichaelJComputer Wrote:go to hell davehah, sucks to be you. The supra was 8 years old when I got the initial loan, and 9 years old when I refinanced it. Both were for 3 years and I didn't even have a credit history at all when I got the first loan.
fwiw, it also nearly impossible to get a decent loan on a car older than 5 years... before even looking at my credit the loaners (bank and credit union) said the best they could do on an 8 year old car is 24 months...
I got a loan on the Z (24 months at 5.25%). Could've gone out to 48 @ ~6% if I wanted. Of course, it (or the Lightning - haven't decided quite yet) will be paid off as soon as the check from the VW clears.