I found a great deal on an m3 doner car, problem is I don't have the immediate cash!?

[tonymasone]

I found a great deal on an m3 doner car, problem is I don't have the immediate cash!?!! :( What are some financing solutions you guys can come up with!?!? (The TI I own is currently paid off)

[barische]

take a car loan, i think the interest start from 7% thats what my mom said she is a loan freak.

[cali-ti]

how much are you short?

[tonymasone]

well i'm not sure if you can get a car loan for a salvage title???

[tonymasone]

I'm short about $3k

[cali-ti]

0% interest credit card?

[tonymasone]

??? I've had a few cards that gave me like 6 months 0% interest, is that what you're talking about?

[cali-ti]

??? I've had a few cards that gave me like 6 months 0% interest, is that what you're talking about?
yeah, 6-12 months of 0% interest (assuming you can pay it off in that amount of time). otherwise a really nice friend/relative (although i hate to go that way - don't like to mix money with friends/family).

[maxt]

get a general purpose loan

relatively easy to get if your not a total loser (you'll need a job to get one)

do it man. how wrecked is the car and how much you paying?

[tonymasone]

The car has horrible rear end damage, and slight roof damage, the front end is clean, the doors are clean, and the interior tho dirty, looks pretty damn good, 80k miles on the whole car, he wants $5300.00 to my door. that's delivery and all. I thought that was a good price considering what I would pay to find everything I want to swap separately. I have a job, it's just i hear it's difficult to get large ammounts for personal loans, unless you use collateral (ie. my car that is paid off maybe) you think that's possible?

[maxt]

You (i dont literally mean you, but someone, since i dont know your personal situation) can get a 3,000$ unsecured loan. This means, dont need collateral. what kind of credit do you have? go to your bank and sit down with a banker. they will want to help.

[tonymasone]

that sounds like an idea, i just feel wierd telling them why I want the money lol they might not take me seriously, maybe i'll say i need the engine cause mine's blown, or something, I have great credit, it's just that I haven't had it long, my credit score is like 721 i think last time i checked, it's just I'm 20 and have only had credit cards for 2 years or so...

[96cali]

:chainsaw: I smell a kindey donor! :chainsaw:


Or just explain the need for a loan as an investment in this rare car. Whatever you do don't get jittery and foam at the mouth. :dribble:

[tonymasone]

lol, i guess i just have to go talk to a bank, that's the first step