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Loan for classic and older cars?
I've been shopping around for a 996 carrera to enjoy along with my boxster. I found a very clean 1 owner 1999 that was traded in at a Volkswagen dealership. Unfortunately I cannot just pay cash for it, and would need to get a loan. They are asking 17,500 for the car and because of the age of the car, will not finance it. I checked with my credit union, they also will not finance vehicles over 10 years old. They offered a personal loan but at a much higher interest rate, no thanks. My question is, are there any companies online that offer financing for such a car? I'd be able to pay it back rather aggressively, so the monthly payment wouldn't be an issue at all. I would need something done quickly hopefully before the car sells.
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