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-   -   Has anyone obtained bank financing for a CJ, COPO or Drag Pa (https://classracer.com/classforum/showthread.php?t=55042)

Tony Curcio 09-25-2014 12:50 PM

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

Chris1529 09-25-2014 01:05 PM

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.

jmcarter 09-25-2014 01:11 PM

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

boostedf22c 09-25-2014 01:45 PM

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

Originally Posted by jmcarter (Post 447439)
One forum member actually cashed in part of his 401K for one of them....craziest dang thing I've ever heard of. What happens when you really need money...sell a kidney?

Get a cheap bracket car, go hone your skills and have fun.

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

Mike Pearson 09-25-2014 01:51 PM

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

Originally Posted by boostedf22c (Post 447448)
How much do you get for a kidney these days? I need to make my car lighter.

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

jmcarter 09-25-2014 02:50 PM

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

Originally Posted by boostedf22c (Post 447448)
How much do you get for a kidney these days? I need to make my car lighter.

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.

boostedf22c 09-25-2014 03:08 PM

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

Originally Posted by jmcarter (Post 447457)
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.

Haha, that about sums it up. :)

MR DERBY CITY 09-25-2014 03:08 PM

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.

Jim Bailey 09-25-2014 03:20 PM

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-

Dion Hildebrandt 09-25-2014 03:32 PM

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

Originally Posted by boostedf22c (Post 447448)
How much do you get for a kidney these days? I need to make my car lighter.

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!"


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