Max Amount of Money a Bank Will Loan on a Specific Used Vehicle
(Waveland, MS USA)
It's a 2005 Ford Supercrew 4 Dr F150 Lariat.Answer:
The top credit union I am currently working with will lend up to 110% of the retail value, plus TTL. You'd need to reference KBB.com
to find this figure.
The top bank (Bank of the West
) that I currently use will lend up to 140% (including TTL) of the wholesale value.
Kelley Blue Book does not give their wholesale value without a subscription, but I do write about ways to figure it out on your own here: Used Car Invoice
Hope this answers your question, but if not please don't hesitate to get back in touch with me.
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