Most banks ( some credit unions a bit longer ) on used dont go back farther then 7-10 ys & 10 is really pushing it. Unless its a specialty vehicle, or collector car like an old Camaro. The thought is if the vehicle is already 10 yrs old & 150,000 mi & you take a 5 yr loan & drive the ave of 12,000 a yr. By the time you pay it off it's 15 yrs old with over 200,000 miles, making their WHOLESALE collateral worth nothing. Many banks also won't finance vehicles with over 100,000 mi but i have seen a few go to 150,000 mi. If they have to repo the vehicle because of default they are not in an equity position, ( or the vehicle breaks / falls apart long before it's pad off ) How would you like to continue to pay payments on a vehicle that is not drivable because it needs a motor & you don't have the cash to fix it ? That's why so many banks also want a specific % of the cash value down upfront. On an older vehicle Most banks will tell you to take a PERSONAL loan at an insane rate.
BOTTOM LINE ADVICE:
If you don't have the cash to buy a $10,000 "TOY" you shouldn't be buying it / taking a loan !
Spending money you don't have on a 15 yr old "TOY" is not sound financial advice ! ( Thanks Dad ) !!
Some "FACTUAL" bank & credit union age & miles rules below:
Teachers Federal Credit Union TFCU - 7yrs
Bethpage Federal Credit Union BPFCU 9yrs
Chase auto Finance 10 Yrs
Cars Direct 10 yrs 100,000 mi max
TD Bank 5 yrs
https://www.td.com/ca/en/personal-banking/products/borrowing/car-loans/
Bank of America 10 yrs old 125,000 mi max
https://promo.bankofamerica.com/aut...RAND&msclkid=67b2e89fc15a1f93ce46b619e413c4a4
Roadloans 9yrs 110,000 mi mx
https://roadloans.com/blog/what-kind-of-vehicle-can-i-finance-with-roadloans