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I found an SUV that solves a lot of my car issues. Its good on gas, would lower my monthly payment by $120 and is 2011 w 16k miles, so I would hope to not have many repairs.
The only issue is that its a salvage/rebuilt car. I bought a salvage car about 8 years ago, and it was the best car I had ever owned. So I'm comfortable doing so again. However last time I paid cash, this time I would need financing.
Is there any suggestions for doing so? are there lenders that deal with salvage/rebuilt lending?
Any advice is greatly appreciated as Im pretty new to this whole thing, and nervous.
thanks
Find out why it was salvage and rebuilt. Have the SUV inspected also. It seems like a pretty bad wreck to total out a 2011 w/ 16k miles on it. Or it could be a Sandy car that was flooded to all getout. If that is the case, do not buy that car.
@bahbahd wrote:Find out why it was salvage and rebuilt. Have the SUV inspected also. It seems like a pretty bad wreck to total out a 2011 w/ 16k miles on it. Or it could be a Sandy car that was flooded to all getout. If that is the case, do not buy that car.
I've decided against it. After talking with them I found out it was flooded and didnt want any of that. My last car was in an accident then rebuilt, and it was great, but I dont want to mess with flooding. My father in-law is a mechanic and said he would inspect it, but once I found that out I said nooooo.