Saturday, October 24, 2015

How to finance a classic car

So you found your dream car and now you need to finance it. This is where buying your car from a classic Car dealer could help and in many cases will get the car deal done for you because of there ability to finance your car.
   Most banks don't understand the classic car market and they will turn you down for your classic car financing. Banks have to minimize their risk and when they don't know the market they assume that loaning money to buy a car that is 40 years old could become a bad loan.
   Lucky for classic car lovers who can't afford to write out a big check now have options and these options are mainly for car dealers! Besides dealing with honest car dealers like American, RK Motors, and Street Side classics there are mainly two lenders out there that will get you into your next ride. JJ best and Classic Car Financing will get you approved with in an hour. American Classics and Hot Rods now has a new program it is offering the market with its Classic Car Leasing program to finance your classic car. Check out our financing options here.

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