Can I finance a Car that's at least 5000$ ?


Asked by Jan 30, 2015 at 10:39 PM about the 2004 Honda Civic EX

Question type: Shopping & Pricing

4 Answers


If you have good credit you can. But if it's an older model you may have to take out a personal loan. In this case though be careful. You don't want to be still paying on a car that's sitting in the junk yard. HTH. -Jim

Bob Beaman

Banks have a book where they can look up the loan value. They seldom loan more on a vehicle than the loan value. You may have to make up the difference. Many car-lots do loans on vehicles, but if your credit is poor they charge a huge interest rate. Cash is always best, but we don't always have the necessary cash.


A bank I have used shows: Maximum Used Auto Loan amount is NADA "Retail Value." Maximum term based on amount borrowed. APR as low as* Term Loan Amount 2.49% APR 36 months $500 to $100,000 2.99% APR 48 months $7,500 to $100,000 2.99% APR 60 months $10,000 to $100,000 3.49% APR 72 months $20,000 to $100,000

1 out of 1 people think this is helpful.

There are plenty of financing options... you can find a lot of banks even online that do not put up too many stipulations as t o age of car - they are really concerned about value so most worry more about mileage than age... the fact is an older car depreciates less, so banks understand that if you buy it right, they will actually be safer financing an older vehicle... so it really comes down to the value of the car, your debt to income ratio and credit...

Your Answer

Add photo

Related Questions


Looking for a Used Civic in your area?

CarGurus has 59,092 nationwide Civic listings starting at $995.


Search Honda Civic Questions

Honda Civic Experts

#1 Takoda Fraser
Takoda Fraser
Reputation 930
#2 Jonathan Ford
Jonathan Ford
Reputation 900
#3 Tom Demyan
Tom Demyan
Reputation 820
View All

Related Models For Sale

Used Honda Accord"
1,255 Great Deals out of 78,694 listings starting at $1,400
Used Honda Civic Coupe"
347 Great Deals out of 16,521 listings starting at $799
Used Toyota Corolla"
1,407 Great Deals out of 67,100 listings starting at $1,295
Used Toyota Camry"
1,587 Great Deals out of 98,372 listings starting at $895
Used Honda CR-V"
1,501 Great Deals out of 80,985 listings starting at $1,695
Used Nissan Altima"
1,343 Great Deals out of 87,463 listings starting at $1,095
Used Mazda MAZDA3"
458 Great Deals out of 24,653 listings starting at $1,981
Used Honda Accord Coupe"
200 Great Deals out of 11,560 listings starting at $1,500
Used Hyundai Elantra"
831 Great Deals out of 50,802 listings starting at $1,995
Used Nissan Sentra"
859 Great Deals out of 49,793 listings starting at $500
Used Ford Mustang"
731 Great Deals out of 41,065 listings starting at $900
Used Ford Focus"
1,220 Great Deals out of 56,709 listings starting at $1,495
Used BMW 3 Series"
1,609 Great Deals out of 39,618 listings starting at $888
Used Volkswagen Jetta"
648 Great Deals out of 32,280 listings starting at $1,200

Used Cars For Sale

2017 Honda Civic EX For Sale
560 listings starting at $20,386
2016 Honda Civic EX For Sale
9 Great Deals out of 6,573 listings starting at $17,981
2015 Honda Civic EX For Sale
34 Great Deals out of 609 listings starting at $13,750
2014 Honda Civic EX For Sale
29 Great Deals out of 490 listings starting at $12,289
2013 Honda Civic EX For Sale
96 Great Deals out of 1,342 listings starting at $9,495