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Classic Car Auto Loan


Guest cxdmedia

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Guest cxdmedia

Hi,

 

So I've found my car, now I'm just trying to secure an auto-loan and am realizing how difficult it is to get a loan on a 1977 restored Z.

 

I've called JJ Best Banc who specializes in classics and they quoted me a 10.9% interest rate which I think is absurd.

 

I was wondering if any of you have any tips?

 

Thanks,

 

-Chris

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Just go to your bank and get an unsecured personal loan, or secure it against a modern late 90's or better DD if you have one fully paid off.

 

Ifyou have a good banking history and the loan manager can see you have paid off all your other personal loans in the past, the bank is likely to be kinder than a classics loan company would be to a total stranger off the street.

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