Loan for a car used by an individual seller …..?
I want a small loan from a credit union but do not know what much you will need. My plan is to ask for less than the offering price. I will test the car, which is in another state, and if I like, I get it at the time. As So I do not know the selling price, however, do not know how much they need the loan for, and I would buy the car if I like it, after trying it. What do I need to have prepared the loan or cash on the spot after the driving test?
Well, you have two options. Get a loan for the current price. (You'll have to take out a personal loan the way you are trying to buy. No bank will give you a car loan in this way.) Then just pay the amount you have left over if you can talk about how price down. Or you can go test the car, negotiate the price and keep having the kind for you and you write about terms of contract of sale. Basically, the State would be the price of the vehicle and how long I hold it for. Then you could go for a car loan for the exact price of the car.
Small Business Loans available at Truliant Federal Credit Union