If you never considered financing a classic car, maybe you should start: It’s a way to purchase that dream car without a pile of cash. Whether it’s a multi-million Gullwing Mercedes or a lightly used MG TD, financing is always an option.
Learn more about how to finance a classic car in the upcoming May issue of Classic Motorsports.
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Looking forward to reading this next month.
Quick informal pole. How many people do finance 'toys' or classics? It's not something I want to do. In fact for my Boxster I'd saved up enough cash to buy the best possible late, low mileage 986 S. When it came to it I chickened out, bought a $5k beater 2.5L base car with auto and used the rest as the down payment on a rental house instead. Not sure what it's going to take for me to actually stump up the money for one of my dream cars. The closer I get to retirement the more adverse I am to debt that's not going to make me money. Note. This isn't a condemnation of people who do, at times I'd like to, I'm just a chicken E36 M3 at times!
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