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Old 09-27-2005, 12:44 AM   #1
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Default I found a great deal on an m3 doner car, problem is I don't have the immediate cash!?

I found a great deal on an m3 doner car, problem is I don't have the immediate cash!?!! What are some financing solutions you guys can come up with!?!? (The TI I own is currently paid off)
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Old 09-27-2005, 02:07 AM   #2
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take a car loan, i think the interest start from 7% thats what my mom said she is a loan freak.
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Old 09-27-2005, 02:09 AM   #3
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how much are you short?
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1996 318ti, California package, 267k miles
current mods: bilstein sports, bavauto springs, e30 m3 LCABs, solid metal ball joints, bavauto RSMs w/reinforcements, e30 3.73 LSD & halfshafts, supersprint cat-back exhaust, turner rear sway bar reinforcements, IE poly subframe & RTABs + camber/toe kits, powdercoated e36 32x front calipers, sport mirrors, H&R 28mmF/19mmR sway bars, x-brace, auto solutions SSK w/poly bushing upgrade, BMW CD43 head unit, DICE HD Radio w/iPod integration and "stealth" HD antenna, staggered style 68s, orange electronic TPMS, leather arm rest, JT Designs metal undertray

acquired and awaiting install: heated seat kit, cali top switch relo, lumbar support kit, park distance control kit, heated washer nozzle kit, m-coupe rear subframe, trailing arms, differential, and halfshafts, m-coupe front/rear brakes with master cylinder, under hood light kit, mud flaps, rear sun blind, auto-dimming rear view mirror, tilt steering wheel retrofit, apexcone 5000K HIDs with 55W ballasts




2002 X5 4.4 Sport Package, 53.5k miles
Current Mods: e46 m3 steering wheel
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Old 09-27-2005, 02:10 AM   #4
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well i'm not sure if you can get a car loan for a salvage title???
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Old 09-27-2005, 02:11 AM   #5
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I'm short about $3k
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Old 09-27-2005, 02:14 AM   #6
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0% interest credit card?
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1996 318ti, California package, 267k miles
current mods: bilstein sports, bavauto springs, e30 m3 LCABs, solid metal ball joints, bavauto RSMs w/reinforcements, e30 3.73 LSD & halfshafts, supersprint cat-back exhaust, turner rear sway bar reinforcements, IE poly subframe & RTABs + camber/toe kits, powdercoated e36 32x front calipers, sport mirrors, H&R 28mmF/19mmR sway bars, x-brace, auto solutions SSK w/poly bushing upgrade, BMW CD43 head unit, DICE HD Radio w/iPod integration and "stealth" HD antenna, staggered style 68s, orange electronic TPMS, leather arm rest, JT Designs metal undertray

acquired and awaiting install: heated seat kit, cali top switch relo, lumbar support kit, park distance control kit, heated washer nozzle kit, m-coupe rear subframe, trailing arms, differential, and halfshafts, m-coupe front/rear brakes with master cylinder, under hood light kit, mud flaps, rear sun blind, auto-dimming rear view mirror, tilt steering wheel retrofit, apexcone 5000K HIDs with 55W ballasts




2002 X5 4.4 Sport Package, 53.5k miles
Current Mods: e46 m3 steering wheel
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Old 09-27-2005, 02:16 AM   #7
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??? I've had a few cards that gave me like 6 months 0% interest, is that what you're talking about?
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Old 09-27-2005, 02:18 AM   #8
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Quote:
Originally Posted by tonymasone
??? I've had a few cards that gave me like 6 months 0% interest, is that what you're talking about?
yeah, 6-12 months of 0% interest (assuming you can pay it off in that amount of time). otherwise a really nice friend/relative (although i hate to go that way - don't like to mix money with friends/family).
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1996 318ti, California package, 267k miles
current mods: bilstein sports, bavauto springs, e30 m3 LCABs, solid metal ball joints, bavauto RSMs w/reinforcements, e30 3.73 LSD & halfshafts, supersprint cat-back exhaust, turner rear sway bar reinforcements, IE poly subframe & RTABs + camber/toe kits, powdercoated e36 32x front calipers, sport mirrors, H&R 28mmF/19mmR sway bars, x-brace, auto solutions SSK w/poly bushing upgrade, BMW CD43 head unit, DICE HD Radio w/iPod integration and "stealth" HD antenna, staggered style 68s, orange electronic TPMS, leather arm rest, JT Designs metal undertray

acquired and awaiting install: heated seat kit, cali top switch relo, lumbar support kit, park distance control kit, heated washer nozzle kit, m-coupe rear subframe, trailing arms, differential, and halfshafts, m-coupe front/rear brakes with master cylinder, under hood light kit, mud flaps, rear sun blind, auto-dimming rear view mirror, tilt steering wheel retrofit, apexcone 5000K HIDs with 55W ballasts




2002 X5 4.4 Sport Package, 53.5k miles
Current Mods: e46 m3 steering wheel
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Old 09-27-2005, 02:30 AM   #9
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get a general purpose loan

relatively easy to get if your not a total loser (you'll need a job to get one)

do it man. how wrecked is the car and how much you paying?
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Old 09-27-2005, 02:38 AM   #10
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The car has horrible rear end damage, and slight roof damage, the front end is clean, the doors are clean, and the interior tho dirty, looks pretty damn good, 80k miles on the whole car, he wants $5300.00 to my door. that's delivery and all. I thought that was a good price considering what I would pay to find everything I want to swap separately. I have a job, it's just i hear it's difficult to get large ammounts for personal loans, unless you use collateral (ie. my car that is paid off maybe) you think that's possible?
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Old 09-27-2005, 02:49 AM   #11
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You (i dont literally mean you, but someone, since i dont know your personal situation) can get a 3,000$ unsecured loan. This means, dont need collateral. what kind of credit do you have? go to your bank and sit down with a banker. they will want to help.
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Old 09-27-2005, 02:52 AM   #12
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that sounds like an idea, i just feel wierd telling them why I want the money lol they might not take me seriously, maybe i'll say i need the engine cause mine's blown, or something, I have great credit, it's just that I haven't had it long, my credit score is like 721 i think last time i checked, it's just I'm 20 and have only had credit cards for 2 years or so...
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Old 09-27-2005, 05:05 AM   #13
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I smell a kindey donor!


Or just explain the need for a loan as an investment in this rare car. Whatever you do don't get jittery and foam at the mouth.
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Old 09-28-2005, 06:03 PM   #14
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lol, i guess i just have to go talk to a bank, that's the first step
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