Quote:
Originally Posted by NNOCENT
and maybe this should be obvious, but a bank will only lend up to
KBB value
|
Not true. Many banks take into account that KBB is GROSSLY outdated and extremely inaccurate on some cars. They arent going to loan you $15k for the thing, but most banks are reasonable with what they will loan you, assuming your credit is good.
But at the end of the day you probably shouldnt be financing a $5k car.