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Can i get 2 car loans for 1 car?

Can i get a small loan from a bank and use it as a downpayment on the car i really want... example. getting a loan from capital one for 6,000 using the 6,000 on a 20,000 car and get gmac financing for the rest of the amount

Public Comments

  1. I don't Know LOL .Best of luck to u
  2. No, because the you can only secure one loan with the asset in this case the car. The odds are not good that a bank will just hand you a 6000 $ loan unsecured.
  3. what are you doing? or trying to do?
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