10-06-2004, 06:52 PM
mongooze Wrote: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.
pay off the track car, pay off the track car, pay off the track car, wouldn't it suck to wadd it up and still have to pay for it? So I repeat, pay off the track car.
--chad

