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LENDER RECOMMENDATION

New Member

LENDER RECOMMENDATION

Hello board,

 

Can anybody recommend any lenders that will allow a purchase of a 2005 vehicle?  I noticed from my research that most house hold names won't lend pass 2007.

Message 1 of 5
4 REPLIES
Frequent Contributor

Re: LENDER RECOMMENDATION

Try using a credit union. The APR will be high because its an older vehicle. 

Message 2 of 5
New Member

Re: LENDER RECOMMENDATION

okay thank you WhiteCollar

Message 3 of 5
Established Contributor

Re: LENDER RECOMMENDATION

some lenders will loan on older vehicles. Your down payment will probably be 30% or more with a shorter repayment and higher APR.

Starting scores 01/02/2012 EQ 707(Fico) TU 733(Fico)XP 735 (FAKO)
Updated scores 05/01/17 EQ 824, TU 812 EXP 810 (all Fico scores) Remember the Three P's: Pay early in Full, Pay on Time, Patience
Message 4 of 5
New Member

Re: LENDER RECOMMENDATION

Ok, thank you bettercreditguy1.
Message 5 of 5