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Financing a 1999 M3

Established Contributor

Financing a 1999 M3

i've found a 1999 M3 that i really want, and the price is pretty good at $8500. Its basically a mint condition, museum pice...


I just was wodnering what the way to go about getting financing for a car this old though?


Any tips?

Message 1 of 8
Moderator Emeritus

Re: Financing a 1999 M3

Talk to a credit union regarding their loan process (if they have one) for "collectibles cars"

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Message 2 of 8
Valued Contributor

Re: Financing a 1999 M3

Your best bet is to talk to local credit union. Be prepare that most lenders will refuse to finance car that is 10+ years old. You may end up putting it on personal loan instead.

Message 3 of 8
New Contributor

Re: Financing a 1999 M3

Try a credit union. We financed a 98 Ford Expedition last year and got a decent rate with a credit union. It's a 30 month loan.

Message 4 of 8
Established Contributor

Re: Financing a 1999 M3

that sound perfect.


just out of curiousity, where are you located and what credit union did u go through? Wonder if there is one around here...

Message 5 of 8
Established Member

Re: Financing a 1999 M3

Hit up Google. Found a couple of credit unions by me. 

Message 6 of 8
Frequent Contributor

Re: Financing a 1999 M3

I know from my dealership days that Wells Fargo Dealer Services will finance older units like this through authorized dealers.

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Message 7 of 8
Established Contributor

Re: Financing a 1999 M3

Im having a hard time finding dealers with the car i want...


My friend owns the exact car i want Black/Black 1993 M3 with lowish miles in MINT condition...he rides his motorcylce almost exclusively now and said he would sell it for $8500 to me if was interested...


Is there any suggestions for getting a loan for a private party transaction or is it only likely to be approved through a dealership? Do banks like Wells Fargo even do private party loans, especially for older cars?


My scores are in the Mid 600's but i have about 50-60% utilization which would certainly be paid down to at least 30% or so before i applied for anything...


I have about 3 years without any late payments and have aquired good new lines of credit since then (AMEX GREEN, CHASE FREEDOM, BARCLAYS, etc)....



Message 8 of 8