Financing Vehicle Over 100K Miles. However, this should not be the only way to go; It appears most banks won't finance a vehile with over 100k miles.
With corolla being an allusion to a flower, as msn reports, it's no wonder niche car fans will scoff, though one thing even they won't try to disprove is the fact that it won't show signs of stopping beyond 100,000 miles. It appears most banks won't finance a vehile with over 100k miles. If your car is coming up on 200,000 miles, the lender might wonder if the car will outlast the loan.
That, In The Long Run, Maysave You Money.
Advertised rate for excellent credit. Although car enthusiasts couldn't relate to the corolla's original slogan back when it launched in the '60s—the most wanted car by the market—it's. Always ask the dealer’s representative if they offer that option.
The Average American Car Is 12 Years Old.
Discussion starter · #1 · oct 4, 2009. Private party purchases are not supported. In fact, it is not.
If Your Car Is Coming Up On 200,000 Miles, The Lender Might Wonder If The Car Will Outlast The Loan.
A few banks and credit unions are extending their caps to 100,000 miles, as they understand that vehicles last longer these days than they ever have before, but such high caps are relatively rare. Auto loan for a vehicle with a little over 100,000 miles? Ad free loan calculator and no fees.
Can I Finance A Vehicle With Over 100,000 Miles?
If you buy a vehicle with 100,000 miles, you could still get. Has that changed or is it still not likely ? They won't finance anything over 120k.
In The Most Recent Report, The Average Age For Cars On The Road Is 12.1 Years Old, The Highest Ever Recorded.
There are always independent dealerships that offer their own in house financing or private financing options. Level 1 · 5 yr. A private party auto loan, where you’re buying a car directly from the owner, may typically only be available to credit union members or bank customers.