Are you dreaming of owning a vintage motorcycle or classic car? If you're looking for the best way to finance your vintage car purchase in Central Texas, Hagerty has developed a list of some of the best options. From Beacon Federal Credit Union to Hagerty Company, there are several ways to drive in style with an affordable classic car loan. If you're looking for an affordable way to finance your vintage car purchase in Central Texas, there are several options available.
Beacon Federal Credit Union
offers valuable banking products including checking accounts, savings accounts, credit cards, personal loans, car loans, mortgages, and more.They have been financing classic cars for many years and are generally considered to be the industry's top classic car lenders. A bank could approve your loan if you're lucky enough to work with a collector car enthusiast who understands your passion for vintage cars. Now, while many auto loan companies offer loans for new and used cars from the past 10 years, there are some that specialize in classic cars.
David Kosmayer
is another classic car owner who says, “When my local bank wasn't interested in financing a classic car (a Ford Mustang Fastback 67), I discovered Hagerty Company.They immediately understood that the valuation of a classic car is very different from the valuation of an ordinary car.”Some leases are of limited duration, meaning that you know the residual value of the car in advance and have the option of returning it. The problem you'll run into is that most car loan companies have restrictions on how old a car is. Other leases are indefinite, meaning that the value of the car will be fixed at the end of the lease and then you'll need to buy the car. If you're looking for an affordable way to finance your vintage car purchase in Central Texas, consider these options. From Beacon Federal Credit Union to Hagerty Company, there are several ways to drive in style with an affordable classic car loan.
