Saturday, April 18, 2009

What is the oldest year to finance a car, and what mileage?

I want to finance a used car, and i%26#039;m trying to save as much money as possible.

What is the oldest year to finance a car, and what mileage?
My husband use to be a car salesman. You can finance a really old car with less than 60,000. Most dealerships waranties should cover the car for the lease term you have.
Reply:Many banks only go back 7 years for used cars. Anything more than 7 years usually requires subprime financing or cash.
Reply:5years old with above average milage. Or an antigue. Or creative financing like 2nd mortgage or compounding bills.
Reply:If you go to the bank, I think 4 years


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