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Fortunetly, lending institutions are becomming aware of the classic car market, and were, before the economy got so bad anyway, lending on them. I think it is usually the smaller places, and credit is a major factor. There is a book out, like the blue book, that actually gives a guideline as far as value, that they can use to evaluate the loan peramaters, and risk. About 10 years ago I got a little local company here in Reno to help me out with a 68, big block, 4 speed vette. The interest rate was not competative with what we were financing new cars for, but, dreams dont usually come cheap. Anyway, that place now regulary funds these cars, and is doing well at it. All it took was for me to go in and show them how. If something is not available to you, pull out some of that old hot rodder dedication, and desire, and make it happen. They are your dreams. It is up to you.
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∙ 13y ago
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Are the rates for classic car loans different from regular car loans?
I would go to your bank and see what you can find. This will help you.
Where can one get classic car loans?
Capital One and Cars Direct both offer classic car loans on a case by case basis. Depending on your past financial history and whether or not you've gone through a bankruptcy are huge deciding factors.
Where can I get a classic car loan?
Choice Motor Credit provides the car enthusiast Private Equity Loans and Financing for muscle cars, classic cars, vintage cars, hot rods, exotics and luxury cars. Loans range from a minimum of $10,000 to as much as $500,000 per vehicle.
Do most insurance companies have classic car auto insurance?
Some of them do but others do not. You have to speak to each insurance company and see what they offer in terms of classic car insurance.
What are the advantages of unsecured car loans?
There are four main benefits of unsecured car loans. These benefits include no collateral, quick approval process, flexible terms, and available to almost everyone.
Where can one find a company that offers classic car insurance?
Most companies that offer car insurance will offer cover classic cars. However GEICO is known to be one of the better companies in terms of affordable rates in the classic car department.
Is there a law against changing terms in car loan agreement?
Loans are contracts, and as such, the government does not get involved (unless you want them to).
How would one go about finding the best car loans available?
One can find the best car loans by simply doing some searching. There are a few steps to this process. First you need to figure out a budget, then check your credit, then shop around for loans. Finally, you can negotiate your terms.
Do you make car title loans?
Do you make car title loans
Which Classic car oil?
Depends on which classic car.
Where can one find more information about guaranteed car loans?
More information about guaranteed car loans can be found from the companies who are offering them. Each loan company is likely to have slightly different terms and conditions so it is a good idea to read these carefully.
What should you consider when thinking about refinance options on car loans?
When thinking about refinance options on car loans, you should consider the terms and hidden fees involved. You can get more information at www.carloancalculator.net.au/refinance.php or auto-loans.wellsfargo.com/refinance/auto-loan-refinancing.html
