[DDJ74]

[FOUND] WTB 2006/2007 Lotus Elise clean title dealer only

I'm looking for a 2006/2007 Lotus Elise around $35,000. Already approved. I can only buy from a franchised dealer among some of the terms with the bank i am dealing with (PNC). If anyone knows or is a dealer please contact me on here. Very serious on buying although not in a huge rush. Preferably in Florida but anywhere in the USA is fine.

 

[derrek1280]

That's a weird requirement to be made... I don't see why they can't approve the loan for a car from a private sale, so long as you get the VIN and all the appropriate information to them.

I partially say that because I have a 2006 Exige that's just a little above your $35k.

 

[Top Flight]

I have a 2005 elise with 26k on sale with British racing group... Has lots of updates and in great shape!!

 

[MConte05]

I'd suggest checking in with a local credit union. My bank is typically PNC and yea, they didn't want anything to do with the Lotus, especially an 05. However the local credit union had no problems with an 05 private sale. Super low interest rate too!

 

[derrek1280]

I'd suggest checking in with a local credit union. My bank is typically PNC and yea, they didn't want anything to do with the Lotus, especially an 05. However the local credit union had no problems with an 05 private sale. Super low interest rate too!

+1

I went through my credit union and they gave me a 4.1% interest rate on my 06 Exige. Gave me no grief about it... actually they said they listed the "valued" rate at like $48k ... dunno where that came from, but it makes it look like I'm taking a loan out for less of the overall value and helping the loan term/rate.

 

[TachItUp]

I joined PenFed just to buy a car. 1.99% interest for me

 

[MConte05]

2.1% for my credit union (ElectroSavings)

 

[LostPawn]

Thank you all for making me feel ripped off at 2.94%

 

[GR82DRV]

Most banks don't specialize in car loans. At The local bank where I have several accounts I was quoted more that twice the amount of a local credit union where I was a total stranger. (I called a close friend who is an officer at another bank and her referred me to that CU!)

I just financed a JCW Mini Cooper for my son (who is paying half). With a high credit score and an acceptable loan-to-value ratio I had the CU loan approved in just a few hours.

 

[DDJ74]

They are giving me 2.94% apr. I've located a car and working the details right now. There's tons of 05's out there but they won't finance anything but a 2006 and up. I didn't say they won't do a private party loan. The rep stated i can only do private party in same state basically.

 

[derrek1280]

They are giving me 2.94% apr. I've located a car and working the details right now. There's tons of 05's out there but they won't finance anything but a 2006 and up. I didn't say they won't do a private party loan. The rep stated i can only do private party in same state basically.

That's a good rate, but those regulations are way too binding... especially when you're looking at a Lotus, and especially if you're looking at 06 and up (since the great majority were produced in 05).

I'd recommend getting a loan through someone else and get the car that you really want. Don't be subject to all those limitations :/

 

[jbs986]

I'd suggest checking in with a local credit union. My bank is typically PNC and yea, they didn't want anything to do with the Lotus, especially an 05. However the local credit union had no problems with an 05 private sale. Super low interest rate too!

+1, Credit Unions are great, + thay will Fin. rebuilt/salvage Titled cars.

 

[DDJ74]

Picked her up this morning from Aston Martin of Orlando. People there was beyond awesome. Even threw in brand new tires. 2010 Lotus Elise...

 

[MotoGeek]

Looks great. It looks like it came with some very nice upgrades.

 

[DDJ74]

Yes some rare upgrades im told such as the interior...

 

[Jack FFR1846]

That's really nice. I gotta think you paid way over the $35k you were talking about.

(DCU will do new/used/refi's for 1.24%, by the way)

 

[DDJ74]

$39k plus ttt. They also put brand new tires on.

 

[TedR]

Wow, good deal, especially considering dealers are asking $36k + for 2005's!

 

[MConte05]

Yea really! Awesome deal!