Purchasing a classic or collector vehicle is an exciting journey, often driven by passion, nostalgia, or a desire to own a piece of automotive history. However, financing such vehicles requires a different approach than traditional auto loans. Classic and collector vehicles are unique assets, and securing a tailored financing solution can ensure the process is seamless and aligns with your long-term goals.
At Collector Car Leaders, we specialize in helping enthusiasts and collectors navigate the unique challenges of financing classic and collector vehicles. Unlike standard auto loans, these financing options are tailored to the distinct needs of high-value, rare, or vintage cars. With the help of trusted lender partners, we ensure that your dream car is within reach while safeguarding your investment.
Get started with finance options using our secure online form:
Unlike regular cars, classic and collector vehicles often appreciate in value over time, making proper valuation crucial. Lenders specializing in this space understand the factors influencing a vehicle’s worth, such as rarity, provenance, condition, and market demand. Accurate valuation ensures fair loan terms and protects your investment.
Financing terms for collector vehicles are typically more flexible than standard auto loans. Trusted lenders offer options like extended loan durations and tailored payment plans, enabling you to manage your finances effectively while preserving cash flow for other investments.
Collector cars often require specialized insurance policies to cover their full market value. Lenders will require proof of guaranteed/agreed value insurance as part of the loan agreement.
Most lenders specializing in classic car financing provide loans for a wide range of vehicles, including vintage cars, rare classics, exotics, and high-performance sports cars. Specific eligibility criteria may vary depending on the lender and the vehicle’s value or age.
The lenders we work with generally offer up to 90% of the vehicle's selling price, requiring a 10% down payment. Factors such as your creditworthiness, the amount you wish to finance, and the vehicle's value may also impact the loan approval process.
Yes, a down payment is required for most collector car loans. Our trusted lending partners set the down payment amount, with 10% being the standard requirement. However, this amount may increase based on factors such as your creditworthiness, the amount you wish to finance, and the vehicle's value.
Lenders specializing in collector vehicles understand the unique value these cars hold as investments and their lower depreciation rates. They offer competitive financing options designed specifically for enthusiasts and collectors. Interest rates are determined by the lender through a credit risk-based algorithm. This algorithm assesses various factors to provide a rate tailored to each borrower’s profile.
No, the lenders CCL works with do not currently allow refinancing or title loan options for classic cars. Our focus is on helping clients secure new financing for vehicle purchases, ensuring competitive terms and a smooth process tailored to collector car enthusiasts. If refinancing options become available in the future, we’ll be sure to share updates with our clients.
Having your classic car appraised can be a very helpful first step in determining its correct value.
