I just bought a 2002 BMW Z-3. A good friend of mine from work wants to buy my 2000 Sebring Convertible with only 31,300 miles. This car will be well under the minimum limits in age/mileage requirements for most finance companies. The problem is that he has a low credit score. Any good ideas about who to go thru for a private party sub-prime auto lender he can use?
A local credit union is his best bet. With a score below 620 the interest rate will be high. If he wants to check out some on line lenders here are some links: E-Loan https://www.wheels.eloan.com/s/show/auto?context=auto People First https://www.kbb.com/peoplefirst2.html HouseHold Auto https://www.kbb.com/household.html Good luck Erik.
