How to find financing for NSXs

[veritech6]

I have having real trouble finding financing for these NSX. Almost no one finances because they are too old. Does anyone have any information on how to purchase one or how they did it without forking out $30,000.00 cash? I dont have that kind of money, but I can definitely put down on one. thanks

 

[haveblue]

JJbest can give you a 10% apr loan....pretty steep though.

 

[veritech6]

Thanks for the info. I figured it would be high since these cars are old and have no regular way to finance them.

 

[Sumeronthechain]

Check your local credit union. Present the car as a special interest vehicle. If you can, speak with someone you have dealt with before like on a mortgage.

 

[veritech6]

Thanks Sumer. Unfortunately I am not a member of a credit union but, I am thinking of becoming one since now it is mentioned.

 

[Si Espanol4Yes]

Credit Unions are about the only place you may get lucky. But... have no doubt; those people are going to give you the same dumbfounded look every other person does when they see the amount wanted and age of the vehicle.

None of them understand. Just kindly remind them that you don't need another financial advisor! :biggrin:

 

[RedWings]

I have having real trouble finding financing for these NSX.

PENFED.ORG

currently 3.25% on used cars
They don't care about age of vehicle
Car must be under 100K miles
They use NADA to establish value of vehicle
Helps if you have good to great credit and a good gig

 

[MOD5 Eng.]

JJbest can give you a 10% apr loan....pretty steep though.

Eliminate JJBest, from your list, and go straight to Bank of the West. That is who they broker for. Bank of the West does exotic car lending, and classic car as well.

 

[veritech6]

Thanks guys. I will try to go with Penfed and see what they can do for me. Thanks!

 

[captainjman]

I went with the United Airlines Credit Union - Alliant

I was able to finance ANY dollar amount.. they didn't care. I have a 4.25% interest rate

 

[veritech6]

Cool captain, I assume you're a pilot then. I'm sure I can't join a United Airlines Credit Union. I work for a school District in Texas.