LTV on 2004
02-28-2008, 03:47 PM
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Torque is Good
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LTV on 2004
Anyone or any bankers or financiers out there who know what LTV a bank or other financing source will do on a 2004 RX-8? Mine is for sale and I am trying to help the buyers along.
02-29-2008, 03:00 PM
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Depends on the bank... most credit Unions will finance Kelly Blue Book Retail. capital One will finance 150% of NADA retail if you have good enough credit. If you have Very Poor credit, a Bank like Drive Financial will finance 85% of NADA trade, with a 12-15% Bank Fee. I'm sure most banks will fall in the middle of that.
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