New Caprice - Discussion forums

The worldwide owner-to-owner online support system for the Chevrolet Caprice PPV
It is currently Fri Nov 24, 2017 5:50 pm

All times are UTC [ DST ]




Post new topic Reply to topic  [ 7 posts ] 
Author Message
PostPosted: Mon Oct 02, 2017 5:14 pm 
Offline

Joined: Mon Jul 17, 2017 1:37 am
Posts: 5
I'm curious what you guys did to get loans for these cars? I got approved for way more than I need for the PPV I am trying to buy, but the bank won't loan for that car because they can't determine the value of the asset since there's no Blue Book value. Have any of you guys gotten around this somehow?


Top
 Profile  
 
PostPosted: Mon Oct 02, 2017 7:26 pm 
Offline

Joined: Mon Mar 31, 2014 2:58 am
Posts: 79
Location: Seattle, WA
There's some good info in this thread:

http://www.newcaprice.com/forum/viewtopic.php?f=9&t=2227

Myself I had to just suck it up and get a personal loan at 10% or something high like that (even though I have great credit). I think others were able to get a actual car loan at low interest by shopping around banks, I was in a rush though so couldn't do that.

_________________
Image
1987 Landau (383 stroker, vortec heads, 700r4, Bilstein shocks, Eibach springs, Bassett 15x8, BFGoodrich 275/60, 9C1 speedo)
2011 9C3 (K&N CAI, Weldcraft widened 18x9 factory steelies, Bridgestone 285/35)


Top
 Profile  
 
PostPosted: Mon Oct 02, 2017 10:12 pm 
Offline

Joined: Mon Jul 17, 2017 1:37 am
Posts: 5
Yeah, I found that thread after I posted this. My credit union has agreed to use the NADA value, but now I need to apply through them. We shall see. It's definitely an obstical to purchase one of these.


Top
 Profile  
 
PostPosted: Mon Oct 02, 2017 10:23 pm 
Offline

Joined: Mon Mar 31, 2014 2:58 am
Posts: 79
Location: Seattle, WA
RoadComic wrote:
Yeah, I found that thread after I posted this. My credit union has agreed to use the NADA value, but now I need to apply through them. We shall see. It's definitely an obstical to purchase one of these.


I couldn't get mine to go with the NADA, they said it was their policy to use KBB only. They wouldn't use multiple services because people would argue which valuation if they differed was the correct valuation. Sounds like you'll get it handled, enjoy.

_________________
Image
1987 Landau (383 stroker, vortec heads, 700r4, Bilstein shocks, Eibach springs, Bassett 15x8, BFGoodrich 275/60, 9C1 speedo)
2011 9C3 (K&N CAI, Weldcraft widened 18x9 factory steelies, Bridgestone 285/35)


Top
 Profile  
 
PostPosted: Tue Oct 03, 2017 3:25 am 
Offline

Joined: Fri Sep 15, 2017 12:58 am
Posts: 26
One Lump Sum Financing


Top
 Profile  
 
PostPosted: Wed Oct 04, 2017 1:58 pm 
Offline
User avatar

Joined: Sun Apr 02, 2017 2:16 am
Posts: 24
Location: Richmond, VA
I had zero issues getting approved on an auto loan through my credit union (at 4.5%). I believe they used NADA to get values, but in any case they determined my 2012 9C1 with 112k miles was worth around $16,500.


Top
 Profile  
 
PostPosted: Wed Oct 04, 2017 3:19 pm 
Offline
User avatar

Joined: Wed Sep 21, 2016 2:30 am
Posts: 333
Location: Maine
garrett wrote:
I had zero issues getting approved on an auto loan through my credit union (at 4.5%). I believe they used NADA to get values, but in any case they determined my 2012 9C1 with 112k miles was worth around $16,500.


:shock: I just refi'd my 2014 with 10,000 miles for 2.9 but the value was only 17,785

_________________
2014 Caprice PPV silver
2017 Ram 3500
2002 CETA trans am
1996 Impala ss (soon to be 5.3/t56)
1995 9c1
1977 Trans am SE 4spd.
1978 trans am 400 4 spd.


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 7 posts ] 

All times are UTC [ DST ]


Who is online

Users browsing this forum: Maxspeed96ct and 3 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group