Has anyone obtained bank financing for a CJ, COPO or Drag Pa
 

Does anyone have any direct experience obtaining a bank loan to finance the purchase of one the modern muscle cars with no VIN number, and no second mortgage on real estate?

What bank, in what state, what percentage of purchase price?

PM me here, or Tony@BrentwoodManagementCorp.com

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

If you have to borrow the money to buy one of these cars to race, you can't afford to have one of them.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

...

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

How much do you get for a kidney these days? I need to make my car lighter.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Probably a million bucks if you needed to buy one and have it installed.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Don't know Carey, but if you go to one of the big small tire races I'm sure someone can give you a quote. Pretty obvious some of those guys are pretty "enterprising". Heck, we're obviously all crazy to love racing so much, surely an addiction only cured by death.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Haha, that about sums it up. :)

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

You might want to check out this bank in Britton, Michigan. From what I understand they specialize in late model Cobr Jet financing. First National Bank of Bob !!!! M.J.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

MJ, you just made me pi## myself ! That's some funny sh##, I don't care who you are! -JB-

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

HA! reminded me of something a friend did back in the day! So before the interwebs, there was this thing called the "bargain finder" , basically a published classifieds for anything and everything, now known as craigslist or kijiji. Anyways my bud was a little short on cash so he posts and ad to offer up one of his organs to the highest bidder. ---" man I got 2 of em ,I only need one!"

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

All you gotta have is good credit, good income and a good financial statement. Shouldn't be any different than buying a 100k boat.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Agree; you can add Quads, off-road bikes and airplanes! :)

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

It can and has been done - don't forget there is no rehab for drag racing addiction

Ron

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Sounds like a money making opportunity to me. Now I can finance that comp car...

... maybe I'm not the person to be running that rehab.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

I just got an offer to buy a new 14 COPO, anyone have a spare $114,500.00 Dyno

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

My cousin Paulie will do it much cheaper than that.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

It can be done. The number makes it identifiable and a UCC 1 filing and descriptions and any other documents. I helped a racer in another state do it. I financed my first race car. A 66 Coronet 426 that I bought for $1200 I didn't have. Brought the car to the bank, left the title, and paid long easy payments. Simple

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

I got a left hand i dont use that often, any offers?

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Wow,,,,, someone who is qualified to speak about the financial status of another racer,,, or another person, in general. That's something I could never do,,,, figure its none of my business what another person purchases,,, but that's just me.
Danny Durham

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

I was thinking the same thing.......

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

If anyone thinks all those Toterhomes and Stackers where paid with cash is kidding themselves.
Why would financing DP, CJ or COPO be any different?

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Exactly what i was thinking.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Mack, you guys are right...I'm deleting my earlier post because it didn't assist Tony in what he was looking for. Part of my bias is based on my years doing some road racing events where the adage "don't race what you can't walk away from" is generally more accepted, especially given the higher probability of sustaining damage at the track.

Apologize Tony, hope somebody has put you onto an attractive financing option that fits your racing goals.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

This would fall under the heading of a personal unsecured loan unless you pledge real estate or some other asset. You better have a credit score in the high 700 or 800 range. You will probably not like the interest rate. Prior to the 2008 credit crisis anyone could finance a dream.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

We have financed race cars since the late 60's. Just need the right conditions and persons. Not complicated.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

2.4 % on a Personal Credit Line Loan

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

I agree with you %100.
Danny Durham

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Insurance. You're not racing the other vehicles. I would hate to see the terms and conditions on financing a $114,500.00 race car.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Oh man, I can see the conversation now. "Honey would you mind signing on this line of credit I need"? WHAM! That would be the last thing out of my mouth before I woke up in the hospital. LOL

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Well Mike, first I would need to find one with that good of a credit rating :)

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

maybe if it was painted pink and I let her drive.....

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

The last time I walked around the sportsman pits, I was humbled, and the thread regarding open trailers and 1/2 ton pick ups makes great sense to me.

If I would ever to race again it would be a one day event, not a three day divisional, and never a NHRA national, other than Indy.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

The part about no vin # the car must come with some paper work ? The interrest rates and the insurance payments intil its payed off , are greater than biulting a clone Tony . Its just a time vs money thing . See you at the track .

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Anyone that willing pays that much for a stocker should have Togo through a mental health evaluation before a loan is approved.

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

I saw this and could not stop laughing:


https://screen.yahoo.com/steve-marti...000000884.html


@ the :46 mark it really gets great....LOL

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Give Dave or JC a call at ATI. We have a customer who has a black on black, 2012, 327 / 4.0L blower car. 6 bolt heads, Holley installed, nothing else done or touched from the factory. Never been down the track, only on a chassis dyno for Holley tuning.....and its less than that new 2014 stocker price....

Re: Has anyone obtained bank financing for a CJ, COPO or Dra
 

Dave Ramsey must have produced that skit! Love it!