Who finances used gliders these days? (USA)

[Mark Navarre]

I know about Lea County bank, but their rates seem a bit high in this economy,
any other leads would be appreciated....

-
Mark Navarre
2/5 black ace
LoCal, USA
-

[DGRTEK]

Mark,
Check with your local banks and or credit unions. They are considered
"recreational" loans. Usually the rates are at a premium.

It might be better to arrange alternate type loans from the bank. A personal
loan is probably at a better rate. Some places offer a good rate on loans that
are backed up by something like your securities...

I just went through this with some friends and most anything we found beat the
aircraft loan rates.

Douglas

[Greg Arnold]

Home equity loans are the best -- low rates, long terms, and tax
deductible interest


DGRTEK wrote:

> Mark,
> Check with your local banks and or credit unions. They are considered
> "recreational" loans. Usually the rates are at a premium.
>
> It might be better to arrange alternate type loans from the bank. A personal
> loan is probably at a better rate. Some places offer a good rate on loans that
> are backed up by something like your securities...
>
> I just went through this with some friends and most anything we found beat the
> aircraft loan rates.
>
> Douglas
>
>
>
>

[MKEENE221]

Use your 401k money and pay yourself the interest.

Mark

[Mhudson126]

Went to the credit union here. 5% intrest on aircraft loan, little or no
hastle, and 11 year term. Not bad for an Air Force E-5 who just bought a toy
that is worth nearly double his yearly income.
-Mitch