Re: [DML] DeLorean Financing

["Jordan Hamilton" <DeLorean@xxxx>]

Because there is higher turn around on newer cars, it is a lot easier to sell a new car than a car that is 20 years old. There is a lot bigger market for new cars than there are deloreans. I live in missouri too and I checked about getting a loan for just 5,000 for a 15,000 dollar delorean. The banker just laughed at me. Its just not in the best intrest of the banks.

Jordan


---------- Original Message ----------------------------------
From: "Darin Wolf" <son_darin@xxxx>
Reply-To: dmcnews@xxxxxxxxxxxxxxx
Date: Thu, 22 May 2003 00:06:00 -0000

>It would seem I have run into a minor position here in the good old 
>state of Missouri. I want to be able to get a loan on a DeLorean 
>that just happens to be sitting in a suitable location. There is 
>only one problem.
>
>What I want to know, is why it is that I can get financing on a 
>newer vehicle and yet it seems no one here can get loans on one of 
>these cars. It would seem that the bank is rather reluctant to help 
>in this situation. I wonder how many of you out there have run into 
>this kind of situation. What did you have to do to get around to it?
>
>Thanks,
>
>
>
>Daemon Wolf.