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Old 02-22-2009, 07:22 PM   #16
Ant

 
Drives: 2017 Camaro 1LT/RS (V6)
Join Date: Dec 2008
Location: Long Island, NY
Posts: 911
Quote:
Originally Posted by rolnslo View Post
Here's my suggestion...Get the loan from your grandparents for the difference between what you have for the downpayment and the total out the door price. Arrange with your grandparents to pay them a fixed monthly amount for a fixed amount of time at a reasonable interest rate.

Your grandparents can put the car in their name and hold the title until you complete the loan payments.
I would feel bad asking them, besides, I don't think they have that kinda money to just lay out for me...I know they're well off financially, but I just don't think they'd do that...at least not now.
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