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Financing High Mileage Vehicle

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reckedhim
Frequent Contributor

Financing High Mileage Vehicle

Does DCU have a mileage limit when financing a vehicle?  I'd like to get an older Wrangler for a second vehicle/weekend vehicle.  I'm looking to spend about $6,000 or less which puts me in the 100-150k mile range based on what I've looked at.  I think the vehicle should be able to hold its value at this price point for quite awhile.  So would DCU or any other credit union finance it?

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1 REPLY 1
ezdriver
Senior Contributor

Re: Financing High Mileage Vehicle

I cannot answer your DCU-specific question but generally speaking, most lenders won't finance deals at that level. For most lenders, the important factors are current value, make/model/year and then mileage. You best bet would be a buy-here-pay-here dealer or a private seller who is willing to finance the purchase.

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