my Credit Union here in Ontario (Canada) said that my car I am looking to buy (paying $42,000) is only worth 21,000 !!!! according to this GOLD BOOK they use. What the heck!? I told them I just sold the same model 2000 RT for $43,000 CDN. 2 weeks ago.
What can I do?
I still do not understand what it means? I am trying to get a loan to purchase this used viper.
Book values on Vipers are COMPLETELY off. When I got the loan for mine, the bank had to use 3 different books before they even found one that listed Vipers! As for what to do, ask them if they have a collectible book or something...maybe thats more accurate...maybe
Use penfed.org for a loan on a Viper.....you won't be disappointed (three referrals already on this site alone)....heck they are offering 4.25% auto loans!
You won't need any help financing a new ACR, Chrysler/Dodge will be happy to recognize it's known value and give you a good rate with long terms as long as your credit is good.
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