auto loans - Chicagoland Sportbikes
Chicagoland Sportbikes
 
Open Forum This forum is for all off-topic discussion.

 
LinkBack Thread Tools Display Modes
post #1 of 9 (permalink) Old 06-13-2008, 11:42 AM Thread Starter
Registered User
 
p0tential's Avatar
 
Join Date: Oct 2007
Location: buffalo grove
Posts: 129
Location: buffalo grove
Sportbike: CBR600RR
Years Riding: 5
How you found us: cheif_rawka
           
Send a message via AIM to p0tential
auto loans

whats up guys. i don't know if anyone on here has experience in this field or not. basicly i found a car i want to buy. 2000 maxima for 6 grand. i need to finance it since i don't have cash in hand. my bank (fifth third) has no problem financing me for an auto loan but their criteria for auto loans is the car needs to be 02 or newer and under 100,000 mi. i live with the p's and i have a better than average credit score but i'm a few points too low to qualify for an unsecured loan (and i don't own a home)

my question is does anyone know of a good bank or finacial institution that i should go to that deals with used car loans that will finance me?

any help appreciated...thanks guys
p0tential is offline  
Sponsored Links
Advertisement
 
post #2 of 9 (permalink) Old 06-13-2008, 11:46 AM
I miss mopar
 
Drama's Avatar
 
Join Date: Apr 2004
Location: Highlands Ranch, Colorado
Posts: 8,249
Location: Highlands Ranch, Colorado
Sportbike: 2008 Yamaha Zuma
Years Riding: I can't count that high.
How you found us: i don't remember.
           
Send a message via AIM to Drama Send a message via Skype™ to Drama
I've always use Michigan State University Federal Credit Union. Good rates, easy to deal with, amazingly fast. Check them out, you don't have to be associated with the college or live in state.

www.msufcu.org

Steve
08 yamaha Zuma 49cc
Dirt: TBD
I love bike shopping.
Drama is offline  
post #3 of 9 (permalink) Old 06-13-2008, 11:46 AM
Bek
Your Cigar Aficionado
 
Bek's Avatar
 
Join Date: May 2008
Location: Bolingbrook, IL
Posts: 7,144
Location: Bolingbrook, IL
Sportbike: 2007 Yamaha FZ6 & 2000 Kawasaki Vulcan 800 Classic
Years Riding: Long enough to know not long enough...
How you found us: Google-fu
           
Send a message via Yahoo to Bek
http://www.bankrate.com/brm/rate/auto_home.asp

Here's one quick place to get yourself jumpstarted. Shop around.
Bek is offline  
post #4 of 9 (permalink) Old 06-13-2008, 11:47 AM
Armed law abiding citizen
 
Dave13's Avatar
 
Join Date: Aug 2006
Location: Middleburg, Florida
Posts: 19,055
Location: Middleburg, Florida
Sportbike: '74 Yamaha RD350
Years Riding: idk
How you found us: Google
           
credit union.
Dave13 is offline  
post #5 of 9 (permalink) Old 06-13-2008, 11:48 AM
Veni, Vidi, Vici...
 
virtuaframax's Avatar
 
Join Date: Oct 2007
Location: Lincoln Park IL
Posts: 266
Location: Lincoln Park IL
Sportbike: '05 R6
Years Riding: 3rd season in USA, 2yrs in Italy
How you found us: kblack
           
xerox federal credit union! got all my loans from there! if u buy from a private, they just require a copy of the title to verify that ure actually financing a car and check that title is clean. in a matter of half day, they give u the check on ur name and the other person!

Francesco
'05 Yamaha R6 Raven

"Di notte Leoni, la mattina Coglioni"

Quote:
Originally Posted by Underdog View Post
You're in your 20s, living at home. How do you bang chicks?
You're not going to bang them on the back of your 500cc rent check that's for sure.
Move out - so you can throw wild parties and do drugs. Sell the leftover drugs to make the money for a bike.
There. Economics 101.
virtuaframax is offline  
post #6 of 9 (permalink) Old 06-13-2008, 12:02 PM
Ex-Ninja
 
whitedawg's Avatar
 
Join Date: Jul 2004
Location: Joliet
Posts: 2,407
Location: Joliet
Sportbike: 04 Yamaha R1
Years Riding: 5 years
How you found us: Friend
           
Send a message via AIM to whitedawg Send a message via Yahoo to whitedawg
The problem is most banks/dealerships will not finance a car more than 5 model years old, and 99% of the time they won't finance a car with more than 100k.
whitedawg is offline  
post #7 of 9 (permalink) Old 06-13-2008, 12:06 PM Thread Starter
Registered User
 
p0tential's Avatar
 
Join Date: Oct 2007
Location: buffalo grove
Posts: 129
Location: buffalo grove
Sportbike: CBR600RR
Years Riding: 5
How you found us: cheif_rawka
           
Send a message via AIM to p0tential
Quote:
Originally Posted by whitedawg View Post
The problem is most banks/dealerships will not finance a car more than 5 model years old, and 99% of the time they won't finance a car with more than 100k.
yea, the maxima i'm lookin at has 80k on it
p0tential is offline  
post #8 of 9 (permalink) Old 06-13-2008, 12:13 PM
Lookin to Ride!
 
IceCold81's Avatar
 
Join Date: May 2008
Location: Plainfield IL.
Posts: 4,459
Location: Plainfield IL.
Sportbike: 2008 CBR 1000RR and 2010 Victory Jackpot premium
Years Riding: One could say, I've been around the block a few times....
How you found us: Through the "GrapeVine"
           
Credit Union is the way to go!

I just did mine through NuMark CU

Contact was Lisa McNeff at the Crest Hill Location.

NuMark Credit Union
2380 Caton Farm Rd
Crest Hill, IL 60403
Ph. 815-744-8543
Fax 815-729-0877

Check it out! I just got a 7% on a Used Refi on my ride. (Which if you don't know is a GREAT rate on used car in todays market.)
IceCold81 is offline  
post #9 of 9 (permalink) Old 06-13-2008, 12:31 PM Thread Starter
Registered User
 
p0tential's Avatar
 
Join Date: Oct 2007
Location: buffalo grove
Posts: 129
Location: buffalo grove
Sportbike: CBR600RR
Years Riding: 5
How you found us: cheif_rawka
           
Send a message via AIM to p0tential
i'm on hold with the credit union that my company works with...she said the rate is 4.6% and they finance cars as old as 95. we'll see how it goes...thanks guys
p0tential is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Chicagoland Sportbikes forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome