How many miles is too many miles to get financing?

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Answers:

Does anyone have copies of the Auto Trader - covering Surrey, UK, for May, June, July 2004?

I guess people aren't reading the question.
It states: " How many miles is too many miles to get financing?". KBB or NADA have nothing to do with this.

Im upside down on a car loan and need to get rid of the car how can i go about doing that?


At a "buy here, pay here" dealership there typically aren't any restrictions on mileage, becuase the dealer is the one financing you. At a proper dealership each bank has thier own set restrictions. Some banks will not finance any vehicle over 75000 miles while some will go up to 100000 miles. Warranties are another thing that is dictated by mileage. None of the warranty companies, that we use, will let you buy one on a car that has more than 75000 miles.
These are the restrictions at the dealership where I work.

Car question everyone can answer?

over 60K

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It depends on the car. Check kbb.com before buying a car to determine the value, then try to finance a few hundred to a thousand below what they quote you in case you have to sell it. I wouldn't finance over 100K miles as that's when routine maintenance is usually done and things need replacing, such as hoses, sensors, plugs, etc.

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Most banks wont fin. anything over 100,000 miles

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Just bought my 83 diesel with 268000 miles.Its called a credit card. 3700 pound vehicle gets 41 mpg. Mercedes.

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Someone is always willing to finance. Kbb.com bids to high, check out NADA... Also think about going through a credit union they are really helpful when buying a car.

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Every car has a documented value based on the model, condition, and mileage. How much you can finance is based totally on that, your abiltiy to pay (Credit score), and what percentage of the total cost your financial instution will give you for a used vehicle.
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