Anyone finance their 914? |
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Anyone finance their 914? |
iwanta914-6 |
Aug 13 2015, 05:53 PM
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#1
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Senior Member Group: Members Posts: 718 Joined: 26-June 09 From: Minnesota Member No.: 10,510 Region Association: None |
Is it crazy to think about financing a 914? Since I don't have the cash available at the moment, I'm considering financing one. Anyone use JJ Best, Woodside Credit or other means of financing a "classic" car. I know a lot of banks don't want to finance older cars so I'm not sure exactly what all the options are and what the restrictions or rates would be on something like a 914.
I'm curious because I came across a 914 that I like and if financing is an option, I might want to look into it further. EDIT: Here's a link to some pictures of the car I'm considering paying interest on, I realize important pictures of the longs are not included and the hell hole area isn't the best picture. 1974 2.0L L96B |
JRust |
Aug 13 2015, 09:13 PM
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#2
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914 Guru Group: Members Posts: 6,307 Joined: 10-January 03 From: Corvallis Oregon Member No.: 129 Region Association: Pacific Northwest |
I've had loans on them before. My credit union gives me great rates. So done some debt consolidation before using my car for collateral. Current rate is like 2.9% & will do 75% of value. My old v8 car appraise at 25k like 5 years ago. I'm sure my current suby will appraise for more. Not a bad way to go if the need arrises
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