Reginald Maxi: Credit unions are the only places I can really think of that will loan money on a car with more than 80k (ish) or more miles and that is that old. But you should be able to find some of these cars for literally hundreds of dollars, so look around and don't get suckered into the first car you find.
Raleigh Lufkin: If your a first time buyer the banks that will finance that kind of car wont finance you, a credit union is the only place that will finance older vehicles. Most people think if they need a cheap payment they need an old car, very much the opposite. for example if you secure financing for a 1999 vehicle it will be a 36 month loan and the payments may be as much or higher than the same model in a 2005 year because you would get a better rate and term on your loan. The other option (last resort) would be a buy here pay here dealer that sells older cars, you will pay a higher rate but if its your only option its ok. just be sure they report to ! the credit reports so your building credit while your making your payments....Show more
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