Muscle car financing JJ Best

[Charger440RDN]

Has anyone here financed their Charger? it seems like this is the best way to go if you want to buy a restored car that is already done and you don't have the cash on hand. Is JJ Best the best option or are there better companies?

[Go Hogs Go]

Most local banks will loan money on them if you have good credit. Just a heads up though, a muscle car is never "done" not matter how much you pay. Make sure you can turn a wrench, or afford a mechanic before you take the plunge. Good luck.

[mauve66]

you might get a better rate or term from a "classic" lender though, when i asked Wells Fargo about it several years ago they said they don't lend on anything older than 7 years, older than that and its unsecured signature and the interest is higher and the term shorter

[The70RT]

Just like trying to find the right car.....do your home work and read the fine print 

[twodko]

I've insured my "classic" cars through Hagerty's and they have a classic car loan division. Check them out on the web. Their insurance is excellent too. The70RT said it best, when you're spending this kind of money for a "finished" car or any other classic leave no stone unturned checking it out.
Good luck and let us know what you end up purchasing..............with pictures!

Tom

[Troy]

I've used J.J. Best twice and had great experiences. The second time got a little hairy due to the seller of the car making some odd statements but it got resolved quickly. He gave the loan officer the impression that the car was apart and that I was going to immediately tear it down for a restoration. For the record, they won't loan money on a project car. They will need to "verify" the car (send an "appraiser" to check the VIN and condition) which is the longest part of the process. You get an answer almost immediately and a check soon after verification. It's a two-party check though so both buyer and seller must sign it. Some banks require that both parties are present to cash/deposit the check which can be a pain if you're purchasing a vehicle from out of state.

Troy