Have you tried a credit union yet? Just a thought.
Hey guys. Great looking forum. I hope to be a member here but I have a question for you guys.
I have been a huge fan of the Phaeton for several years and one has come up for sale that looks to be a sweet deal. The question I have is this....
I am having problems finding a bank that will finance the 2004 Phaeton because it is older than 8yrs old.
Any leads on how to procure the 14K for this?
Thanks in advance.
Perhaps if you can bring in any type of car magazine review of the vehicle which lists the starting price was around $66,000, plus tax, they may "get it" that you are getting a luxury vehicle for pennies on the dollar. Show them a brochure of the model year or similar...(ebay)
Would they consider a similar loan for a car they may be more familiar with, such as a Mercedes S class or BMW 750, or Lexus, or Audi A8, that is similar in age and condition?
The "VW" on the name can cause very much confusion with bank clerks who are not auto-savy.... just a thought. They may think you are asking for a loan on a big Passat...
Best of Luck with your purchase!
Tim Moore (no relation to Michael): USA '04 Phaeton V8 Nocturne Aubergine/Sonnenbeige (bought Mar 2011 w/aprox 64K miles) Platinum Easy Driver Warranty, for 48 mo or 48K); Comfort/Cold Weather; Technology; Digital 270 watt stereo; Keyless; Brown Sisal interior/Black Sisal trunk mats (cocomats.com);