Financing the older Phaetons

[edgarallanpoe]

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.

Rob

[hhaller]

Have you tried a credit union yet? Just a thought.

[Passat2001_5lover]

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!

[Tully Lee]

Bought my Phaeton from a VW dealer and VW did the financing. That is the route I took.

Tully

[buckeyecam]

Try PNC Bank - I think a 2004 still meets their requirement
https://www.pnc.com

[Drewbedoo]

They did my Phaeton, as well as my '69 Type I

Drew

[jaeslim]

Just bought my 2004 Phaeton with US Bank from private seller......2.99%!

Easy. I would highly recommend

[j3w]

Have you tried a credit union yet? Just a thought.

x2.

I financed half of my 2004 through a credit union at 3%.