Buy a 996tt from a private owner for 3.9% financing with a blank check
996 Turbo / GT2Turbo discussion on previous model 2000-2004 Porsche 911 Twin Turbo and 911 GT2. Sponsored By Vivid Racing
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Buy a 996tt from a private owner for 3.9% financing with a blank check
I just did it. It's super easy. I found out about it from the NSXprime board.
It's called Pentagon Federal Credit Union at penfed.org
1) Call and donate $20, they then open a savings for you with $5. They do it via credit card so have it ready when you call.
2) They then give you a member number and you apply for the autoloan on their website. If you have good credit, they should approve you right away and can overnight you the blank check for a small fee.
The limits are that they will only lend you up to the NADA value so check the NADA site to make sure that the car you want isn't over. If it is, then you just need to come up with the difference in cash or some other method.
This isn't BS. I'm in no way affiliated or gain from this.
I do hope that this helps stabilize sellers on here who think that the answer to selling is lowering their price.
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I just finance thru the National Bank of Nigeria just kidding, but is does look like you need to meet some requirements such as military employment or other associations.. https://www.penfed.org/howToJoin/overview.asp
He's right. (I've got a turbo as proof. ) If you're not in the military, you just need to pay the $20 fee to the NMFA which is a program that supports military families. Anyone is eligible. It's a good cause, and a crazy rate. (That 3.99 was even crazier before other rates came down.) Just don't be a deadbeat and not pay your loan. You don't want to screw over an oganization that helps our troops' families.
My wife and I have been with PFCU for close to 20 years now. They are the best. I financed my Pcar through them back in 2007. I wouldn't change banks for any reason. Best of luck to you all who decide to open an acct with them.
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2001 996TT
Orient Red W/Black Interior
Michelin Pilot Sport Tires - OEM 997 Turbo 19" Wheels
Short Shifter
Tinted Windows
Engine upgrades coming soon
Sounds like a great service they provide.....but a home equity loan you can write off the nterest.....
Yeah, and they can take your house if you default. In all seriousness, I figured I'd get a lot more than the 1% after tax difference with a few investments. (Whereas a car is a depreciating asset.)
Car depreciation varies greatly by make model. Sure, someone who bought a 996tt for 2 years ago or more probably took a bath. But, this is as low as it's going to go.
Car depreciation varies greatly by make model. Sure, someone who bought a 996tt for 2 years ago or more probably took a bath. But, this is as low as it's going to go.
I know what you are trying to get across though.
The first owner of my car took a $95k hit for 5,000 miles, in five years. You're right, in that my depreciation should be quite reasonable.
) If you're not in the military, you just need to pay the $20 fee to the NMFA which is a program that supports military families. Anyone is eligible. It's a good cause, and a crazy rate. (That 3.99 was even crazier before other rates came down.) Just don't be a deadbeat and not pay your loan. You don't want to screw over an oganization that helps our troops' families.
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