Found a great deal on a very low mileage 2016 F250 and need to strike fast to buy it.
I can pay cash for the vehicle but don't necessarily want to tie up that much cash in a vehicle. If I do pay cash, how easy is it to cash out refinance a paid off vehicle? Of course my bank doesn't finance private seller auto loans.
I've considered going out to RBFCU to secure a loan but I'm concerned that the timing won't work and the truck will sell.
Doesn't help that I'm 4 hours away from the truck and no RBFCU branches near the seller.
Any ideas?
I can pay cash for the vehicle but don't necessarily want to tie up that much cash in a vehicle. If I do pay cash, how easy is it to cash out refinance a paid off vehicle? Of course my bank doesn't finance private seller auto loans.
I've considered going out to RBFCU to secure a loan but I'm concerned that the timing won't work and the truck will sell.
Doesn't help that I'm 4 hours away from the truck and no RBFCU branches near the seller.
Any ideas?