Went to see a Z06

Roadster4Us · 04-10-2012, 08:34 AM

In all my years, I have never seen a bank worry about the risk of a car loan as long as the car is within KBB or NADA values. Without knowing your friends credit history, credit rating, and current debt/income ratio, we really can't determine where the risk is for the bank or why they came back so low.

I just know I have never had a bank or credit union come back with a lower loan amount than I was asking for and this was always for full purchase price, new and used.

Steve might have a point that they looked at the wrong model.

04-10-2012, 08:34 AM	#5 (permalink)
Roadster4Us A True Z Fanatic Join Date: May 2011 Location: Stafford, VA Posts: 1,328 Drives: 2013 ZL1 Rep Power: 17	In all my years, I have never seen a bank worry about the risk of a car loan as long as the car is within KBB or NADA values. Without knowing your friends credit history, credit rating, and current debt/income ratio, we really can't determine where the risk is for the bank or why they came back so low. I just know I have never had a bank or credit union come back with a lower loan amount than I was asking for and this was always for full purchase price, new and used. Steve might have a point that they looked at the wrong model. __________________ Greg 2013 Camaro ZL1