Will lenders (Banks ) finance me 72 months if I get a 2002, or 2003 car? Its a Porsche 911 Turbo Thanks!?
I have a 720 credit score with 5 years of NO late payments and no dings at all on my credit. I've herd different stories so thats why I'm asking it on here.
A-Best: Shouldn't be a problem, I found loans for used cars on-line for a 72 month term at 6.94%. CapitalOne was one of them...
A: the probably wont go that long on that old of a car,the loan value of it is what they,ll go by on this one,even with good credit there's a limit as to how much and how long any bank will finance one for these days,good luck.
A: Wait a second here, you are asking us this question, when you have such a stellar credit score? Why would you ask a question like that? No, its already hit its max point at depreciation, therefore they will probably say 48 months.
A: yes, but you will get a much better rate at 36-48 months. banks dont care what kind of car it is.
A: Yes but expect 1 point for extra year and 3-5 for used car.