Has anyone financed an engine rebuild?

Discussion in 'Ask An Owner Operator' started by razor1983, Oct 17, 2021.

  1. razor1983

    razor1983 Medium Load Member

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    Has anyone financed an engine rebuild? Who did you use or can you recommend a bank?
     
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  3. Siinman

    Siinman Medium Load Member

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    I ended up making a deal with the owner of the company shop. They gave me basically whatever I wanted interest free. I ended up doing it for 1 year and paid it all back without an issue. I took my title of my mustang gt I had and offered that for lean if need be. Was no issue and just told me to come see him if ever was an issue. It helps that I built a great relationship with them.
     
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  4. razor1983

    razor1983 Medium Load Member

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    Thats a good deal, however I don’t have a relationship with the shop I plan on using.
     
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  5. gerardo1961

    gerardo1961 Road Train Member

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    When you have a cat engine the do financing without troubles
     
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  6. razor1983

    razor1983 Medium Load Member

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    so I’ve heard, but its detroit s60 and I plan on using an independent shop
     
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  7. D.Tibbitt

    D.Tibbitt Road Train Member

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    How much u looking to finance
     
  8. razor1983

    razor1983 Medium Load Member

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    not the full amount, tho I don’t know how much that will be yet. Probably looking to finance 20-30k
     
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  9. LoneRanger

    LoneRanger Road Train Member

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    An S60 shouldn’t cost that much to rebuild. I’ve seen ‘‘em done for 10-15k
     
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  10. skallagrime

    skallagrime Road Train Member

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    Its neither the cheapest or best rate, but accord financial (advantage plus leasing) was very reasonable, easy to deal with and best of all, FAST with their end
     
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  11. abyliks

    abyliks Road Train Member

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    The shop I used offered 90 days but I just payed it, if I’m calling them there is a reason and if I need them again I don’t want to be through guy that’s “oh he still owes us x amount from last time tell him we are busy”, it’s “come in now we will get you out ASAP”

    I put it all on a credit card to get the cash back the immediately paid off about half of it then paid the last two quarters off over the next 2 months as I got checks coming in
     
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