With several years of being in the title loan business, a recurring question that we have been receiving from some clients who approach us for a finance classic car is "my car is quite old." Can we still get this loan with him? Can my classic car qualify me for a car title loan? How much money can I get in my old car? When using your car loan or the pink receipt as collateral to get a classic car, the mileage reading on your car is a requirement that affects the amount you can get. Old cars have higher mileage, which is why most classic car loans lender are a bit reluctant to grant loans to people with older cars, especially if the car is over 10 years old. Many people have had meetings with those companies that do not allow title loans on older cars, so we understand their skepticism about qualifying for a title loan using the title of a much older car. However, if possible, obtain it with our loan agency. How to get loans for classic cars? When your current...
Woodside Credit is one of the leading nationwide collector car finance companies that offers finance services by collector car dealers or directly to consumers for the purchase or refinancing of classic and collector cars. We understand that choosing the car of your dreams should be the hard part, not judging how to pay for it.