Getting close to pulling the trigger on a GTS from a Private Party here on the Alley. This will be my first purchase of this type (non-dealer), any recommendations on loan companies with descent rates/options? I prefer to spread the payments out a bit...
Found E-loan and a few others through basic searches but does anyone know of companies that specify in either private party loans or the like (I assume they will offer more attractive rates)?
I am going to be "that guy"........If you need to get a loan term that long for a used GTS then it's probably not a good idea to buy. Save up until you can put a lot down and not have such a long term. Unless you can get an exceptional rate, you are going to waste a lot of money doing a term that long.
Totally agree and understand your point and thoughts. The Viper money is an opportunity cost to me, and as a commodities trader, the money is more valuable to me as investable capital to be used in trading considering the returns I have averaged vs. it being tied up for years in a loan.
It's not that I can't afford it, its that the money can make more money elsewhere for the second Viper
capital one here... you can get any make any model any price... just get approved for a max and they send you a blank check to write up to that max amount. Pretty simple
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