Financing a 30, 40 or 50 year old car is not like financing a new or late model
pre-owned car. Most banks will not get involved because they don't have anyone that is capable of placing a value on it. Consequently, they can't determine a loan value and therefore they are unwilling to give a loan on older cars.
There are some alternatives. First, many people pay cash for investment grade Muscle Cars. But there are some other ways to go about it. Occasionally people will get an unsecured line of credit or a second mortgage. You can also go to our on-line source by pressing on the link below to get information on financing.
Although we deal with many banks and other lenders that specialize in
muscle or classic cars, we recommend J.J. Best first for all
types of cars. We have had great luck with them! You can
also try speaking with your everyday bank, that works well too!
We will assist you in any way we can. We have
other contacts with lenders that will make your purchase a pleasurable experience.
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ultimately responsible to make the final decision on the correctness of
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other components. MuscleCar Garage Global is held harmless on all
September 11, 2001
All material © Copyright 2003-2011 by MuscleCar Garage
Global, a subsidiary of MCG Automotive, LLC
03/10/2011 04:22:20 PM