By Anonymous - 22/08/2019 13:00 - United States - Tucson

Today, I missed out on the chance of buying a great used car because my loan wasn't approved. Why wasn't it approved? Because the vehicle has +100k miles on it. I wish they would've told me that when I applied for the loan. FML
I agree, your life sucks 1 388
You deserved it 317
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RichardPencil 30
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Isn’t that your job? When I’ve seen interest rates posted on used car loans, they are classified by mileage. Let the buyer be aware.

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RebeccaMcQ 15
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Great used car? 100k? df

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RichardPencil 30
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Isn’t that your job? When I’ve seen interest rates posted on used car loans, they are classified by mileage. Let the buyer be aware.

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bl3ur0z3 17

They don't know you won't qualify for that car until you apply.

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RebeccaMcQ 15
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Great used car? 100k? df

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Seeya55 31
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100k miles is like 2/5ths the lifespan of a Toyota engine. Our old Scion XB was at 198k miles and had zero issues, even got hit in the front in an accident and ran flawlessly for the 6 more years we had it. Had to trade in because family grew, but I'd love to have it back. ;__;

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rockninja 21
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ah damn. but they look at the miles when giving out loans?

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Tumaco1963 19
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Yes, mileage factors into wear & tear. Loans are granted based on the value of the car. The value of the car decreases as mileage increases.

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mekiswrite 21
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Depends on the make and model too.

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zoelog 10
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you wish who would have told you? it's up to you to ask. also didn't you drive the car? you can see the mileage right there. ydi. big time

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jbuckets_404 38
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Wait, what? Why would you NOT want to know the mileage of a used car ASAP? For multiple reasons. That doesn't make (common) sense ... (or approved loan dollars either apparently in this case).

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