Mark,
When I needed a small loan to purchase the 60 New Yorker T&C I went to the
credit union. They gave me the small loan at great rates and didn't ask a lot
of questions. They did want a statement of value so I went to the NADA web
site and printed the listing of values for that year and model car. It
satisfied the loan officer. It was all too easy.
I know that most credit unions require you to be a member. Most will allow you
to join if someone who is a member will provide you a referral. It may be
worth a try. I have found that most banks do not want to make loans with old
cars as security. Or they have a minimum amount that is too high for the need.
Perhaps your bank will give you a loan unsecured or use a different car as
collateral if required. Banks will lend money for our projects. Sometimes it
just takes a little more effort to find the way the game needs to be played.
Just my two cents for today.
Dale
68 Crown Coupe
60 New Yorkers
71 New Yorker sedan
79 New Yorker sedan
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