72 month loan on 1998-1999 models?

Answers:1   |   LastUpdateAt:2012-08-19 21:20:02  

Question
scooby doo
Asked at 2012-08-18 08:39:30
I'm trying to get a used 1998 or newer Corvette for less than $ 20,000. I am encouraged by the prices I see on the internet and it looks completely realistic, the only problem is funding. I understand that most lenders provide loans for cars that have less than 10 years of age and have less than 80,000 miles, but my problem is finding one that will give me a loan of 72 months in a car that old. I've seen some that give loans of 36 months for 1999 and older, but that just does not work for me. I have planned to put about $ 5000 in the car. I would like the APR does not go over 13% , but probably could run a 60-month loan if it were a 10% or less (I'm a college student with just the minimum monthly income of $ 1500 and what kind of expect greater rates , even though my credit is perfect) . Does anyone know of any lenders who offer loans to 72 months in used cars like this? Thank you.
Answer1Øne Answered at 2012-08-19 21:20:02
Not going to happen . Best you 'll do is a finance company with high rates such as personal loans , but will also keep the title . Also, to get an auto loan 72 months you'd need to go no more than 2003-2004, and miles in the unit factor in
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