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Classic car or imported car financing

Discussion in 'General Automotive Discussion' started by MonzaRed, Jan 6, 2022.

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  1. MonzaRed

    MonzaRed Formula Junior
    BANNED

    Nov 26, 2014
    291
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    #1 MonzaRed, Jan 6, 2022
    Who has the best classic car financing that isn’t a pain in the ass to deal with. Penfed just stopped classic car loans - Thanks
     
  2. SGM

    SGM F1 Rookie
    Owner Silver Subscribed

    Sep 27, 2006
    2,797
    Rockville, MD
    Full Name:
    Steve
    #2 SGM, Jan 6, 2022
    Have you tried Woodside Credit? I used them quite a few years ago and they were very easy to work with.
     
  3. MonzaRed

    MonzaRed Formula Junior
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    Nov 26, 2014
    291
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    #3 MonzaRed, Jan 9, 2022
    I heard they have very high interest rates
     
  4. deebo

    deebo Karting

    Nov 20, 2020
    63
    #4 deebo, Jan 9, 2022
    I used wood side and had 6.5% interest rate. I later refinanced to penfed. Woodside was easy to deal with.


    Sent from my iPhone using FerrariChat
     
  5. jsh458ft

    jsh458ft Formula Junior
    Silver Subscribed

    Dec 9, 2020
    365
    PA
    #5 jsh458ft, Mar 12, 2022
    All of a sudden PenFed can't offer financing on a Ferrari, claiming a "System Error". Anyone deal with this? Any suggestions? Was going to finance $150K on a 458 Spider at 2.69% and now suddenly I'm back to square zero.
     
  6. 19633500GT

    19633500GT F1 World Champ
    Rossa Subscribed

    Nov 9, 2010
    12,950
    Blueberry
    Full Name:
    Muffin-Tops
    #6 19633500GT, Mar 12, 2022
    swing a little more cash and I’d say Lightstream

    Their process is fantastic and quick but I think $100K max loan
     

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