Date: Mon, 22 Jun 2020 10:30:44 -0500
Reply-To: Tom Hargrave <thargrav@HIWAAY.NET>
Sender: Vanagon Mailing List <vanagon@gerry.vanagon.com>
From: Tom Hargrave <thargrav@HIWAAY.NET>
Subject: Re: Financing Options
In-Reply-To: <CAFdLW6kHpK=s9fDgHRABR8T9MVbwoO3x_CFPeJV3WMeFJXULQw@mail.gmail.com>
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I've done both.
I have always financed long term daily drivers because it makes since to me to pay over time for anything I drive daily.
But I have always paid cash for project vehicles, and to-date I've owned over 50 project vehicles including quite a few VWs.
Thanks, Tom Hargrave
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-----Original Message-----
From: Vanagon Mailing List [mailto:vanagon@GERRY.VANAGON.COM] On Behalf Of Dan N
Sent: Monday, June 22, 2020 9:26 AM
To: vanagon@GERRY.VANAGON.COM
Subject: Re: Financing Options
I was lucky (I got good job), I never purchase a vehicle using a loan from a financial institution bank or credit union so I can't give you any advice but as already mentioned the fact that a vanagon requires update/upgrade/repair to consider after purchase then the question is: how a buyer will be able to follow up if there's no fund left? - borrowing more or park the van and wait for more funds?. I'd think save now, wait and buy later make more sense.
good luck.
On Sun, Jun 21, 2020 at 10:34 PM VW Vanagon <t3vanagon@gmail.com> wrote:
> Been considering options to fund a good chunk of a (hopefully)
> upcoming purchase.
> Going to hit my local credit union and explore a couple other
> conventional bank options on an RV/Camper loan, but I'm anticipating
> some hesitation given the age of the vehicle.
>
> Wanted to put this out to the group to see if anyone might have some
> options that I may have either not considered or possibly may not be
> aware of.
>
> I've got great credit and it's a very reasonable price for a quality
> vehicle, so if there's a lender out there who "gets it," this should
> pencil out pretty quickly.
>
> Any input is greatly appreciated!
>
> *Drew*
> Missoula, MT
>
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