wvusteve

If I were to get a loan from my bank for a used car, would I have to give them the the information of the specific car I want? Or can they just give me..like $10K to go out and get a car.

Also, how long does it usually take to walk into a bank and get a loan..same day, few days??

User 102020

HEI STIEV A/S/L?????

^_^ ^_^ ^_^

wvusteve

HEI CMAN, I NEED TEH BMW GIVE ME 10K

User 102020

10K KK GIEV ME SEKCS

HORNY4ZORNY

the way my bank does it is ...they need the make, model, year, trim package and anything extra on the car. they need the vin, then they give you the book value on it. now if the guy selling the car is asking what the car is worth or less then no problem.then they'll either approve you or deny you based on credit and income). then the bank will ask for a copy of the title front and back ( my bank ask for copy of registration, and a copy o fa bill of sale) then you go in sign your life away for 5 years and get a check.

LvMyTeg

i had to fill out a car loan application and they ask for the car info and amount you want to borrow, then it took like less than 24 hours to be approved and you have to call and get insurance on the car and have proof of full coverage for the bank..then go sign the papers. the people i bought my car from still owed money on it to their bank so that is a big mess..cause they have to call that bank and get verification and they will send the check to that bank..you never see the money. i had to wait like 3 weeks for them to send the title over and then the tags and registation are sent to your bank..it sucked having to wait

wvusteve

sweet..will banks do 5 year loans for used vehicles? Or are they usually shorter?

CarsRFun

my bank has never asked me what kinda car i was gonna get... i just told them i was looking at a few different ones.

blackFa5

my bank asked me what kind of car it was, and depending on how old determisn the intrest rate.

CarsRFun

^^ thats gay balls.. i love NFCU