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Originally Posted by NoLaKrewe How hard is it to get a auto loan for a car outside of a dealership. Don't think my bank would do one. Because if I
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Enthusiast Member
Join Date: Jun 2014
Location: New Orleans, LA
Posts: 273
Drives: 09 TT Wrapped G37
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If you show prove of insurance, bill of sale, and copy of title. Most local banks, and credit unions will give you a cashiers check or wire transfer. imo wire transfers are the better option. I called my bank with proof of title sigined, and bill of sale with a copy of his driver license. After wire tranfer (3 hours later) we drove to the DMV to make it final. Most of state DMV's will charge 4% tax only and pay the different once you enter your state. For example, FL charged me 4% for a reg, and plate. Drove to New Orleans payed 3% different and got my local reg and plate. This way it assures you that you're driving legal and the seller can't back out. If the car has a loan still you have to pay it off 1st then repeat what I just listed once the title is in hand by the owner. Local take the owner with you to the bank with his reg, and payoff. You will have 0 issues long as you're not purchasing the car 20%+ over retail. My only advice is don't purchase in till you have all the facts. Took faith in the seller before fully looking at mine. Still got a great deal, but notices wheel damage and crack on my dash after the deal was done. Not saying I would talk him down more, but $500 less for my troubles of repair would've been nice. All and all my experince was great. His family was really nice to me, and gave me a place to stay for a few days.(which anyone that's decent would have done the same) Yes yes yes. It's not you're built VQ, and you have dings/cracks/scratches. but You're spending 50% less then it would have costed you out of pocket, and to fix all the small issues plus additional mods that you wanted is fraction. New G37 (Q60) 40k base + TT 15k + rays wheels $3500+ = 58k+ Just saying. ![]() Last edited by KratikosG37; 10-24-2014 at 07:41 AM. |
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Thread | Thread Starter | Forum | Replies | Last Post |
nothix - Louisiana | nothix | Introduction | 9 | 01-04-2009 04:30 PM |