Help I need a loan for 5 years on a 95 RT/10!

[MJBComp]

Try Community Credit Union. They financed my 97 RT/10 for 6 years.
www.communitycu.org


Hope this helps...

 

[FrankBarba]

If you have been employed for 10 years. take 10k put it down on the viper & finance only 20k for 48 months. unless your trying to purchase a "viper with no money down" then that is another story all together. why don't you ask the current owner to folat you the loan. pay higher interest he keeps the title until you close out the loan..since your trying to be creative. it works with houses....

 

[grayman]

DONT BUY IT. Dont buy it if you cant put 10-15K down. You need a VIPER like a hole in the head anyways. Come on now....Its not like its the double bypass you've really been needing. Its a friggin toy. Good financial sense says pay at least half or dont get it. Of course, what the hell do I know.

 

[garolittle]

There has got to be numerous lending institutions that will do this. When I purchased a '94 RT/10 in October of 1999 I was able to finance it for 5 years. My credit union also said that I could go with 6 year financing as well.

 

[Jay Herbert]

I purchased my first Viper using a Credit Union Loan, good terms and rate..... but if you really need to finance it out that far, and you are doing that on a bottom dollar Viper (likely out of warranty, with miles) I would be very careful if I were you.

Not trying to be pessimistic, but 30K @ 10% for 5 years is a $640/mo. payment vs. $750/mo. for 4 years. If that $110/mo. is the difference between you being able to afford the car or not, the first time you need to put tires on the car, you'll be hurting. You need to be able to enjoy owning the car, and if there is not enough free money available to take your wife out to dinner on Fridays, you will not enjoy your Viper.... trust me on this one

I am seeing some tings start in the Viper market that are similar to what occurred in the Jag XKE market in the late 60's. People can afford (?) to buy one, but not own and properly maintain one. Have you checked insurance costs (can be $200/mo. if you don't have a clean driving record, even clean $100.mo. is realistic)? Does it need a set of tires (Cha-ching, $1200)?. Be careful and patient.......

 

[JetMec]

I got 42,300 for 5yrs from citybank. Go for it! It's everything and more to own one.

 

[99 R/T 10]

Bill,
It seems to me your letting your baby go for cheap. 30K is a steal, your going to miss her.

Mike

 

[Jay Herbert]

It's a good car, with a Detroit Arrow Rebuilt engine..... Guess you know his "offer" now