How do you finance a 10 year old vehicle?

[scootro]

a buddy of mine found a 2002 jeep wrangler with 30k miles for $12,000 but his bank would only loan 8,900 on a vehicle that old.

any ideas?

[mstng86]

Offer 8900.

[Dacotua]

a buddy of mine found a 2002 jeep wrangler with 30k miles for $12,000 but his bank would only loan 8,900 on a vehicle that old.

any ideas?

Put 3100 down and get the loan....duh

[craig]

Offer 8900.

Put 3100 down and get the loan....duh

pretty much sums up all your options

[onemeangixxer7502]

Most cu's will loan 100% of retail, if its above retail why buy it in the first place. Jeeps are a dime a dozen. Keep shopping

[Lason]

Save money. Not being a a-hole either but on older rides like that, your going to either have to save money or find a badass deal that a bank can work with.

[scootro]

Offer 8900.

exactly! oh well i tried to help him

Save money. Not being a a-hole either but on older rides like that, your going to either have to save money or find a badass deal that a bank can work with.

thanks...

i was thinking he could appy for a loan from one those collector car places like jjbest.com

[SVTNorthTexas]

Most cu's will loan 100% of retail, if its above retail why buy it in the first place. Jeeps are a dime a dozen. Keep shopping

^ This.

[Randy]

tell him to take the loan they gave him and go apply for another one........but the second not for an auto loan.

[mstng86]

12k seems steep for a 10 year old Jeep.

There is a 95 in my town for sale for 6k and I don't understand how it can be for sale at that price.

[Randy]

12k seems steep for a 10 year old Jeep.

There is a 95 in my town for sale for 6k and I don't understand how it can be for sale at that price.

Wranglers hold their value.... they're always overpriced.....lol

[YALE]

$12k is too damn much.

[71chevellejohn]

Finance it with the rubberband banks homie!

[Grape]

if you have to finance 100% of something, that something is not for you.

[Rreemo]

if you have to finance 100% of something, that something is not for you.

My exact thoughts....