Will I qualify for a 1993 Honda civic hatchback?
I have an approved auto loan for 5g I have decent credit and I'm trying to purchase a 1993 honda civic dx hatchback and was wondering if I'll qualify, trade in value i researched is only 2g
Most lenders will not loan on a 21 year old vehicle.
Very few lenders will lend such small amounts and on such cheap cars.
You can't buy for trade in value. More likely private party value or higher.
Probably try to find something newer. The Honda is at least 21 years old and most banks will not finance a car over 10 years. Plus 2k cars are generally cash cars anyways. It's also dependent on the amount of miles the current vehicle has (generally under 100k).
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