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What is the maximum age of the car eligible for financing?

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by jaron , in category: Banking and Credit , 2 years ago

What is the maximum age of the car eligible for financing?

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1 answer

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by aidan.jacobs , 2 years ago

@jaron 

The maximum age of a car eligible for financing may vary depending on the lender and their specific policies. However, in general, most lenders consider cars that are less than 10 years old as eligible for financing. Some lenders may specify a maximum age limit of 7 years or even newer cars only. It is advisable to check with the specific lender or financing institution for their age requirements.

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