How fast can I get an auto loan for $10,000 for a used vehicle and what is a good interest rate for 72 months?

BR asked:


I don’t want to put any money down. Also, I have a current loan out for a different car for $30,000 remaining. This one would be for my husband to drive. We’re actually looking to buy a $20,000 car, paying 10 cash to the private seller and financing the remaining 10. Is this not okay?

This entry was posted on Sunday, August 9th, 2009 at 6:30 am and is filed under Car Loans. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Responses to “How fast can I get an auto loan for $10,000 for a used vehicle and what is a good interest rate for 72 months?”

  1. mike c Says:

    It has to be a $13000 car that you have a 3000 down cash or trade and a 700+ beacon score. Try raking to your bank or credit union.

  2. Go Broncos Says:

    If you have to go 72 months, you can’t afford the loan. You should never go more than 48 months.