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Options for Older Car Financing?

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Old 07-09-2018, 05:42 PM
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ARC Driver
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Default Options for Older Car Financing?

Howdy,

I'm in the market for a 993 and I'm considering financing.I know that most companies will only finance new(er) vehicles, what are my best options for financing a mid-90s car?
Old 07-09-2018, 08:27 PM
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IHTFP
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If you have good credit this is an option. I used them when I bought my 993 5 years ago. Loan was based on me telling them what I would use it for. I did not have to prove that I actually bought a car with it. There was no lien on my title.

https://www.lightstream.com
Old 07-09-2018, 08:53 PM
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Spyerx
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I've never used, but, Paul who runs Auto Kennel (great Porsche consigner in SoCal) works with:
https://www.woodsidecredit.com
Old 07-09-2018, 08:54 PM
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Buteo
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Originally Posted by Spyerx
I've never used, but, Paul who runs Auto Kennel (great Porsche consigner in SoCal) works with:
https://www.woodsidecredit.com
I used Woodside on a factory five Daytona coupe. They were wonderful to work with.
Old 07-09-2018, 09:12 PM
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Meenrod
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The best nationally is JJ Best Banc . Good rates, understand classic cars and purchases, and very flexible. I highly recommend them .
Old 07-09-2018, 10:32 PM
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Magdaddy
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Home equity loan..if you have the equity available.
Old 07-09-2018, 10:59 PM
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Quadcammer
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Originally Posted by Meenrod
The best nationally is JJ Best Banc . Good rates, understand classic cars and purchases, and very flexible. I highly recommend them .
And how would you know its the best?
Old 07-09-2018, 11:01 PM
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Buteo
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Originally Posted by Quadcammer
And how would you know its the best?
At the time when I was looking for financing JJ Banc was higher than Woodside. Simple choice for me then.
Old 07-09-2018, 11:58 PM
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FGL28
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Pentagon Federal Credit Union
Old 07-10-2018, 12:11 AM
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gavonder
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Originally Posted by IHTFP
If you have good credit this is an option. I used them when I bought my 993 5 years ago. Loan was based on me telling them what I would use it for. I did not have to prove that I actually bought a car with it. There was no lien on my title.

https://www.lightstream.com
My vote. I've had similar experiences with them.
Old 07-10-2018, 01:05 AM
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niacin
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Originally Posted by FGL28
Pentagon Federal Credit Union
We did an app through PenFed and Lightstream a couple of months ago. Lightstream approved our loan instantly at the lowest rate they offer and funded us via a wire the next day.

PenFed sent us an email three days later asking for full financial documents, a completed purchase order from the seller, front and back pictures of the title, and *notarized* copies of our drivers licenses, social security cards, and a utility bill.

PenFed can suck it.
Old 07-10-2018, 01:10 AM
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rrc715
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Default JJ Best Financing

My buddy used JJ Best Financing and said he was happy with their service and rates.
Old 07-10-2018, 10:29 AM
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ARC Driver
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Cool, thanks for the replies, I'll check out these options and let you know what I find out.
Old 07-10-2018, 10:41 AM
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paulkromz
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Originally Posted by FGL28
Pentagon Federal Credit Union

ditto on PenFed

Old 07-10-2018, 11:04 AM
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Lopaka
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I used Lightstream and it was painless and quick.


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