Classic Auto Loans

Finding Financial Services, specializing in loans for all types of Classic, Antique, Muscle, Sports, Luxury, and Exotic Automobiles can be a chore.

With the advent of the internet, classic auto loans has become a lot easier for the classic auto enthusiast to find a loan company to help in financing his purchase of a classic car.

The difficulty of finding a lender is as easy as clicking your mouse. It now makes it so much easier to locate a lender that specializes in classic auto loans.

When looking for someone to finance your classic auto, take a look at specialty lenders that deal in classic auto financing.

Thus they will have interest rates at a more reasonable rate than those of a regular lender.

As well, they will have a better idea of what your car is worth, this will help so you won’t need to provide a lot of extra documentation to prove your classic car is worth the amount you want to finance it for.

These types of lenders will also help you out by lending you extra for restoration purposes.

Now with banks normally approving financing of new cars, their interest rates on classic auto loans are likely to be a bit higher than those of a specialty lender.

As well, you’ll need to bring extra paperwork in order to prove that your car is worth the amount that you’re borrowing.

The blue book value of a very old car is going to be next to nothing, so you will be required to prove that either its improvements or its restoration has raised the value of the car.

Doing this will make your loan less of a risk to your lender, so it’s better to arrive at the bank well prepared.



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Classic Car Shows

Classic Auto Cars - Restoration

By Robin Shortt

Do you have an old car you think is ready for the scrap heap? It could be a classic auto car that could be restored to its original condition. To find out if it is a classic, do a search on the internet.

Old classics are hard to come by. If you happen to have one you could restore it yourself, or sell it to a collector and let them restore it. Its funny how when someone says they have an old classic car in the back forty and somebody asks to look at it, as soon as the owner thinks someone is interested in their piece of junk.

Dollar signs dance around in their head. Don't worry a classic car collector already knows the value of your classic car, so don't think you can put one over on him. Anyway, classic auto cars are dwindling in numbers and the more we save and restore now, the more we will be able to enjoy with our children and grand children years later .

Think about all the cars that are around now, they pretty much all look the same. The old classic auto cars have a personality all their own. If you can help someone restore one of these cars by selling it to them at a good price. Then we all benefit don't we. If you want sell your car there are plenty of websites on the internet that will help you with this.

 

For more great reading and classic car photos click here

Classic Auto Loans