Until recently the ability to finance a classic car was the preserve of High Net Individuals, whose private banks would begrudgingly allow their clients to take finance out against “old cars”. However, over the last few years, the Classic Car Market has expanded from enthusiastic weekenders, to high grade investors. Some Classic Cars have outperformed almost every other investment type. The very significant increase in our client, and dealers demand, has meant we are now one the largest providers of funding for Classic Cars in the UK ranging from £25,000 - £2 million plus.
The calculator is only the basis for an indication of what your desired car may cost you. The actual rate, size of the balloon and payment period is almost always predicated on the type, value and providence of the car. As a general rule, a balloon (final payment) is normally applied to vehicles where the purchase price is in excess of £50,000.
Please contact us and we will gladly advise you on what type of finance deal may fit your personal circumstances. Charles McLeod, MD