>I can't speak to the condition of the bugeye and it's value, but I can tell
>you from my recent experience with a local bank (is the actually such a
>thing as a LOCAL bank anymore?) that the banks are not much interested in
>any car over 7 years old as collateral. They will make you a signature
>loan, or if interest rates don't scare you, use one of those handy checks
>your gold or platinum visa is always sending you in the mail.
That's about what I thought. I've already got enough difficulties with
establishing credit now (just moved to the US from Canada).
>Good luck and good hunting. Don't be rushed. I looked for 2-3 years to
>find a 74 Midget in fair shape for half the price most previous sellers had
>been asking. There are still bargains out there.
Excellent advice. I think I'll relax, slow down and learn before jumping
in. Eventually I'll find the right car, and that will make the wait
worthwhile. :-)
---
Bill
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