d2jsp
Log InRegister
d2jsp Forums > Off-Topic > Sports Coliseum > Motor Sports & Cars > Getting A Loan For Private Sale??
12Next
Add Reply New Topic New Poll
Member
Posts: 23,357
Joined: Mar 31 2006
Gold: 13,003.50
Jun 23 2017 08:10pm
Hey guys, kinda a dumb question but how do you get a loan for a private party sale? Ive only bought from a dealer before but there are a few vettes for sale private party that I like.
My bank is quite a ways away from all of them so Im wondering what I would have to do.
Member
Posts: 6,698
Joined: Jul 11 2008
Gold: 23.20
Jun 23 2017 09:10pm
Personal loan
Member
Posts: 96
Joined: Jun 22 2017
Gold: 0.00
Jun 24 2017 10:55am
Probably
Don't
Need
The
Car
If
This
Is
The
Situation
Lmaooo
Member
Posts: 2,406
Joined: Mar 2 2015
Gold: 95.99
Warn: 20%
Jun 24 2017 01:27pm
This post is a violation of the site rules and appropriate action was taken.

Quote (PlatypusLover @ Jun 24 2017 08:55am)
Probably
Don't
Need
The
Car
If
This
Is
The
Situation
Lmaooo


You
Probably
Don't
Know
Shit
About
Cars
If
You
Think
Dealerships
Are
The
Best
Option
You
Autistic
Fuck
Member
Posts: 15,717
Joined: Aug 20 2007
Gold: 481.00
Jun 24 2017 02:22pm
Call a credit union and apply for a vehicle loan
Member
Posts: 12,816
Joined: Oct 3 2007
Gold: 3,295.00
Jun 24 2017 02:25pm
Quote (t9x @ Jun 24 2017 12:22pm)
Call a credit union and apply for a vehicle loan


this
Member
Posts: 11,717
Joined: Nov 21 2011
Gold: 3,588.00
Jun 24 2017 03:27pm
As long as you have the VIN you should be able to apply for a loan on the vehicle depending on age. General Rule of thumb for Auto loans is 10-10. If the Car is New, 10 Year Max Loan (NEVER DO THIS), if its 5 years old a 5 year Max Loan, 8 years old 2 year loan.

And what year Vette? C5? Seems to be the popular choice on here as of late....And what happened to Asian with the White C7?

This post was edited by Toews777 on Jun 24 2017 03:28pm
Member
Posts: 23,357
Joined: Mar 31 2006
Gold: 13,003.50
Jun 24 2017 11:19pm
I should have mentioned, I was already preapproved a couple of months back. I just havent found the right car yet. My question is more so what do I need to do to make the deal go through. I thought I recalled the bank mentioning they wanted the title in hand to give me the loan, but I imagine a selling will want the money before giving up a title.

Quote (Toews777 @ Jun 24 2017 04:27pm)
As long as you have the VIN you should be able to apply for a loan on the vehicle depending on age. General Rule of thumb for Auto loans is 10-10. If the Car is New, 10 Year Max Loan (NEVER DO THIS), if its 5 years old a 5 year Max Loan, 8 years old 2 year loan.

And what year Vette? C5? Seems to be the popular choice on here as of late....And what happened to Asian with the White C7?


I'm looking at C7s. I might end up with white but I really want Crystal Red. Its just soooooo hard to find one in a manual with a black interior. Im considering getting the brown interior and switching it to black later. It wont be cheap, but I've literally been vette shopping for months now and havent been able to find exactly what I want.
Basically I want this:

Member
Posts: 96
Joined: Jun 22 2017
Gold: 0.00
Jun 25 2017 02:43pm
Taking a loan out for a car that is purely for luxury

Things I judge people for
Member
Posts: 23,357
Joined: Mar 31 2006
Gold: 13,003.50
Jun 25 2017 04:37pm
Quote (PlatypusLover @ Jun 25 2017 03:43pm)
Taking a loan out for a car that is purely for luxury

Things I judge people for


Umm, why?
I plan to DD it anyways, its not just a toy.

I make plenty of money, and my monthly expenses are about to drop by $600+ a month, which will cover my $500 payment pretty easily...
But thanks for the sweet life advice. Maybe now I know that I can finally improve my credit! 800 isnt good enough, right?
Go Back To Motor Sports & Cars Topic List
12Next
Add Reply New Topic New Poll