Whats the last year to finance a car?

slayerripkdc

15 Year Member

Jun 3, 2003

1,341

16

59

brewster ny

Apr 2, 2010

#1

• Apr 2, 2010

• #1

I would love to purchase a 97-04 c5 corvette within the next 5 years. Will I be able to finance one? Or will the car be too old to finance?

 

Modular2v

Founding Member

Jun 30, 2002

3,222

23

99

oklahoma

Apr 2, 2010

#2

• Apr 2, 2010

• #2

No car is ever too old to finance....They just jack the interest rate up on older cars to discourage it. on cars that are 4 yrs and older the highest u can go is 48 months most of the time

 

KBExperience

Active Member

Jun 21, 2009

466

1

49

Houston

Apr 2, 2010

#3

• Apr 2, 2010

• #3

I financed my car for 4 years in june 09 and it was an 04..

if you've got good credit, it shouldnt be a problem

 

slayerripkdc

15 Year Member

Jun 3, 2003

1,341

16

59

brewster ny

Apr 2, 2010

#4

• Apr 2, 2010

• #4

Awsome....they have some pretty good deals on c5 vettes and zo6's Always wanted a stang and vette in my garage

 

GDawg

Founding Member

Mar 22, 2002

1,469

19

68

Nevada

Apr 2, 2010

#5

• Apr 2, 2010

• #5

Most banks and credit unions don't like to finance anything 10+ years. But I'm sure a shady used car lot would finance you at 24%,

 

Mustang92

SN's #1 1%er

Jun 6, 2001

6,467

2

79

South Florida

Apr 2, 2010

#6

• Apr 2, 2010

• #6

It all depends on the vehicle, how they hold their value, etc... I bought a used Diesel truck that was 3 years old but was able to finance it for 6 years at 8%.

Bill