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

[Geerhead55]

Originally Posted by Chris1529

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

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

[Mack Reeves]

Originally Posted by Geerhead55

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

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

[Frank Castros]

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?

[HR9121]

Originally Posted by Frank Castros

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?

Exactly what i was thinking.

[Geerhead55]

Originally Posted by Frank Castros

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?

I agree with you %100.
Danny Durham

[Bruce Noland]

Originally Posted by Frank Castros

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?

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.

[Greg Hill]

Originally Posted by Tony Curcio

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

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

[SSDiv6]

Originally Posted by Greg Hill

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

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

[Andys dad]

Originally Posted by Greg Hill

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

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

Ron

[Andrew Hill]

Originally Posted by Andys dad

no rehab for drag racing addiction

Ron

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.