New car loan

[Hammerman]

Isn't there a place to get 'good' rates on cars you already own? I bought a 2005 Dakota cash and wish I would have gotten a loan instead. Doesn't Costco or Amex have some sort of program like this for new or newer cars that you can finance through them?

 

[NutBucket]

What's a "good" rate to you?

 

[redgtxdi]

I think I'm confused trying to figure out what you want to do.

You want to see if someone will give you a loan for something after you bought it???

If you've already paid for the vehicle in-full, then it's already yours. Title is in your name w/ no lienholder so you can't get a loan for it.

???

 

[jarfykk]

Yes, you can get a loan for a car you currently own outright. My credit union has a program, as do some large banks in my understanding. Just call and ask...

No reason to unless you're trying to consolidate some high(er) interest debt, like credit card. However you should've thought of this beforehand...g'luck.

 

[bunker]

Heh, a "vehicle equity loan".

Seriously though, walk into any bank, say you want a loan and just use the truck as collateral. As long as the rate is decent and you need the cash, g'head.