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    Thomas Mills's Avatar
    Thomas Mills Posts: 31, Reputation: 7
    Junior Member
    		  
    #1

    May 30, 2008, 06:49 AM
    Were Do I Find A loan-F350 Diesel Dullay 240000 Miles
    Hello everybody! I bought a Ford F350 Diesel 7.3 turbo dually 4X4 from a dealer on Ebay for $8600.00. I have great credit but I can not find a lender to Fin. This because of high miles. Does any body know of a lender that does high mI. diesel trucks. I only need $4000.00. If not I think I am going to put if on one of my credit cards:( :( Thanks Thomas Indianapolis, IN 46218
    progunr's Avatar
    progunr Posts: 1,971, Reputation: 288
    Ultra Member
    		  
    #2

    May 31, 2008, 02:13 PM
    You would probably have to go through a Sub-Prime finance company for that many miles, and the interest rate would probably scare the crap out of you!

    If your credit is in excellent condition, I would think you could secure a $4,000 loan with your signature?

    Do you have anything else free and clear that you could use for additional collateral?

    Just a thought.
    kangabitt's Avatar
    kangabitt Posts: 39, Reputation: 2
    Junior Member
    		  
    #3

    Jun 4, 2008, 04:26 PM
    I agree. Loans on that age/mileage vehicle will not be based on the vehicle as collateral. Look to your bank for a personal loan or a loan secured by savings, stock, or CD for the best interest rates.
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