Questions on bank loans

[GONZO99TA]

a car is not an investment. so going into debt to buy one is bad enough, but going into debt to mod one would seem worse!
if you do try to go through with it, i hope your credit is good. most banks will not give personal loans of that amount unless you you have established good credit and a good debt to income ratio. even then rates for these loans are not the best, typically around 10-14% (much higher with bad or no credit).
a better way would be to apply for a quality credit card that is willing to offer you a low rate. all my credit cards are less than 10%. the credit card will also come in handy for mail order parts. they also fight for you if a company tries to stick it to you on parts.