JDM Imports refer to Japanese Domestic Market vehicles, which are cars originally manufactured for the Japanese market and later imported to other countries.
These vehicles are popular among enthusiasts for their unique designs, advanced technology, and performance. Examples of JDM cars include the Nissan Skyline GT-R, Toyota Supra, and Mazda RX-7.
Work with a trusted import specialist or dealer who can guide you through the import and financing process. They may also have partnerships with lenders experienced in handling JDM imports.
Not all lenders offer financing for imported vehicles, particularly older models or those with an unclear history. However, the trusted lenders CCL partners with do provide financing options for imported vehicles. To qualify, the vehicle must have a U.S. title and must have successfully cleared customs.
CCL, through its trusted lenders, offers financing options for JDM imports that are 10 years or older. To improve the likelihood of qualifying, it’s important to ensure the vehicle is in good condition and supported by proper documentation, such as service records and import paperwork, to provide reassurance to the lender.
Before financing, confirm you can insure the vehicle. Some JDM cars are difficult or expensive to insure due to their rarity or lack of equivalent models in the domestic market. This type of recreational lending offered by trusted lenders will require a guaranteed or agreed value insurance policy and will not accommodate vehicles purchased to be driven daily.
Interest rates for specialty vehicles, such as JDM imports, are typically higher than those for standard auto loans. This type of recreational financing is tailored for collectors and enthusiasts, so rates reflect the unique nature of these vehicles. Lending partners require a minimum 10% down payment and offer loan terms of up to 280 months, depending on the total amount financed.
JDM cars are vehicles manufactured for the Japanese market and conform to Japan's regulations and standards. They are popular for their unique designs, high performance, reliability, and the exclusivity of owning a car not originally sold in other markets.
Yes, it is legal to import a JDM car into the U.S., provided it complies with the "25-year rule." This rule allows cars that are 25 years or older to be imported without needing to meet U.S. safety and emission standards.
Costs include the purchase price of the car, shipping fees, import duties, customs fees, registration, and any necessary modifications to meet local regulations. Working with an experienced importer can help clarify and manage these expenses.
Lenders specializing in JDM imports understand the unique market for these vehicles, including their collector appeal and investment potential. They provide competitive financing options designed for enthusiasts seeking these rare models. Interest rates are determined by the lender through a credit risk-based algorithm, which considers multiple factors to determine a personalized rate for each borrower.
While JDM cars are generally reliable, sourcing specific parts for rare models may require additional effort or working with specialized suppliers. However, many enthusiasts find it worthwhile due to the performance and uniqueness of these vehicles.
