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what bank will give me a loan on a 03/04 cobra if im putting 50% down?

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Old May 20, 2013 | 04:00 PM
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what bank will give me a loan on a 03/04 cobra if im putting 50% down?

pretty much I found a local 04 cobra I like, Little short on cash as he is at the upward end of what I was looking to spend, but car is mint documented 1 owner 6k miles ,almost stock.

Ideally would like to finance it but I called chase (who all my accounts are with) and they told me they cant do it if it is older than 08 . which it is.

some banks local to me are BOFA, PNC, WElls fargo, Chase.

anyone have anywhere i can get financed at ? oh and credit score is 800+
 
Old May 21, 2013 | 07:58 AM
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Find a credit union. Many credit unions will go back 10 years if the mileage is low.
 
Old May 21, 2013 | 10:13 AM
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Pentagon Federal Credit
 
Old May 22, 2013 | 10:22 AM
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Originally Posted by jcsperson
Usaa
if he was a member, I doubt he would have to ask.... but this. USAA will be your best bet if you're a member. Otherwise, look into a federal state credit union
 
Old May 22, 2013 | 07:01 PM
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not a member of USAA , but that particular car fell thru anyway. every car im coming across isnt right. meantime i can save up more cash so hopefully I wont need to finance it. but thanks for the tips I tink there is a local credit union by my house I can try to join.
 
Old May 25, 2013 | 01:14 PM
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Banks will loan you the money but it may not be for the full amount. Usually they will only lend the amount they feel the car is worth.

I have a 03 cobra myself. What are you looking for specifically?
 
Old May 29, 2013 | 10:32 AM
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More of the same... FCU. On the flipside you might be able to do it through chase, just not as an auto loan. With a credit score of over 800 you should be able to get a personal loan with a nice low interest rate and walk away title in hand as well, it all depends on how good your relationship is with them. If you have any questions shoot me a pm. I am coming up on a decade in exp. in car sales and finance and am happy to help whenever I can. Just saw the cobra fell through when re-reading, sorry to hear that but it'll happen eventually

Chris
 

Last edited by DUC_HNTR; May 29, 2013 at 10:38 AM.
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