How to Finance Custom Rims

Financing a nice set of custom rims will make your ride so much sweeter.

There's a lot of places you can look to find custom rims, from your local neighborhood mechanic all the way to online custom websites that promise you the best rims available. Once you decide on a dealer and pick out your rims, there's just one more step: figuring out how to finance your investment.

Things You'll Need

• Proof of income
• Car title or other proof of ownership
• Bank contact information

Instructions

1. Apply for financing straight from the dealer who is making your custom rims. Many dealers will have in-house financing, where they run your credit and approve your financing within minutes.

2. Go to your bank and apply for a personal loan. Banks offer a variety of loan options, including personal secured loans, unsecured loans, and personal lines of credit. It is likely you will be able to secure more money from a bank than you would through a payday loan or a private lender. For example, Citifinancial offers personal loan amounts anywhere from $300 to $7,500.

3. Ask a relative, significant other, or close friend to co-sign on your custom rims. If you are unable to secure financing by yourself, a co-signer makes your lender feel more secure about financing your upgraded rims.

4. Borrow the money you need to pay for the rims up front. If you get a friend or relative to loan you the cash, you won't have to pay interest like you would when you finance from a business.

5. Use a credit card. If you already have a credit card, you will not have to apply for new credit when you get the rims. You can just swipe the card and start rocking your new custom rims right away.

References

• Patriot's Rims and Tires: Custom Rims on Credit
• Custom Wheels: Payment Options
• Citifinancial: Personal Loans