New Car

[John-]

Hey guys, just wondering for a bit of advice.

Just got approved for a 20k secured loan threw my bank (westpac) but secured means i cant buy anything like skylines or silvias or what eva :S

Purchase or refinance a used car (excludes imported second hand motor vehicles which are not imported to Australia by the manufacturer. A valuation must be available through Redbook.com.au).

it says ^^ on westpac site.

so that means i cant buy anything imported? so... no skylines no 300zx's no silvias. all the cars i like

[jlards]

Hey guys, just wondering for a bit of advice.

Just got approved for a 20k secured loan threw my bank (westpac) but secured means i cant buy anything like skylines or silvias or what eva :S

Purchase or refinance a used car (excludes imported second hand motor vehicles which are not imported to Australia by the manufacturer. A valuation must be available through Redbook.com.au).

it says ^^ on westpac site.

so that means i cant buy anything imported? so... no skylines no 300zx's no silvias. all the cars i like

what about a aust delivered line

[John-]

a what? please explain lol.

[Cain]

just because you got approval doesn't mean you have to spend they money.

[(OO)SKYLINE(OO)]

a what? please explain lol.

He means, what if you wanna buy a Skyline but and its already in AUS, already at a Australian Import Dealer... Will the bank give you the OK?

Instead of importing one in from Japan yourself.

[scathing]

He means, what if you wanna buy a Skyline but and its already in AUS, already at a Australian Import Dealer... Will the bank give you the OK?

Maybe this part of the first post will answer the question.

excludes imported second hand motor vehicles which are not imported to Australia by the manufacturer

Why not see if you can find an Australian delivered R32 GT-R? That would comply with the rules. You could get an Aussie S14 or S15 for that money, if you want a Silvia (I wouldn't spend $20K on an S13).

Your other option is to go Euro. I found a 2000 model 323Ci for $20K. It won't have the balls of a Japanese turbo, and its a slusho, but it'll have the right handling dynamics and be less of a cop magnet. If you do get a 3 Series, for god's sake get a 6 cylinder at least.

There are some Z3s going around for that price too, but those things handled like poo.

[John-]

thanx for the posts guyz. how would i go about finding a aussie s14 s15 or a r32gtr?

[Ten Four]

Aussie S15s are everywhere, S14s are around but I reckon you'll struggle to find a aus del R32 GTR for under 30k

[dangerous_daveo]

That or deny the finance, and get a loan through someone else so you can get what you want?

[.:: GimpS-R34 ::.]

I was gonna say just go with another bank.. and then you can buy dave's cefiro

[Darkplague]

Just got a 10k secured loan through commonwealth and they were fine with me buying a skyline.

They even tried to insure it...

Edited October 28, 2008 by Darkplague

[(OO)SKYLINE(OO)]

Maybe this part of the first post will answer the question.

Why not see if you can find an Australian delivered R32 GT-R? That would comply with the rules. You could get an Aussie S14 or S15 for that money, if you want a Silvia (I wouldn't spend $20K on an S13).

Your other option is to go Euro. I found a 2000 model 323Ci for $20K. It won't have the balls of a Japanese turbo, and its a slusho, but it'll have the right handling dynamics and be less of a cop magnet. If you do get a 3 Series, for god's sake get a 6 cylinder at least.

There are some Z3s going around for that price too, but those things handled like poo.

Thats what I meant...

[TTT]

DC2R

S14A

ST205 GT4

SW20 (not sure if there were any AUS turbo ones)

WRX's of all kinds

300zx (again.. not sure of any aus turbo ones)

GSR (with evo conversion)

Plenty of cars to choose from.

Edited October 29, 2008 by GTST

[PM-R33]

Why would you get a 20k loan for a car, when you dont know what kind of car you want? Wouldn't it have been easier to pick the car you want, then got the exact money that you needed for it and used a bank that would give you the money for the car that you wanted?

[TTT]

he got "approved" for a loan UP to $20K

as for getting a loan for a depreciating asset, that's a dumb story on it's own.