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Old 11-27-2012, 03:00 PM
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Cashburn Cashburn is offline
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Location: North Haven, CT
Cobra Make, Engine: Backdraft Racing
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Quote:
Originally Posted by blown871 View Post
** I guess I never thought about a loan for a kit car...(surely easier for me. than unloading 30 -40 cash)....
..
Do banks do kit car loans? Do they look at it as a 'used car'...

this thread got me thinkin about it both ways..

anyone?

thanks,
B
Yes, it's become relatively common again now that banks are lending. This year we've done a lot of business with customers that have financed and even leased... has to be a rolling chassis type build or a used car though, no one will finance a kit without a huge rate.
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