These collectable, restorable cars make up the core of our business. Our classic car finance offering has been created for enthusiasts on a mission to preserve and protect the classic car industry on its ever-evolving journey.
Usually vehicles 20 years or older
Special heritage and provenance considered
Some of our favourite Classic Cars are the 1966 Aston Martin DB6, the Ferrari 246 Dino and the 1993 Porche 911 Turbo S.
Loan of £156,000 over 47 months Classic cars will always hold a special place in our heart as they are our passion. We enjoyed funding this special 911 for a customer that purchased it recently from a well-known individual. CloseNext Item
Loan of £649,990 over 4 years The customer had recently purchased a 992 Gen GT3 for cash and was seeking funds back alongside finance to purchase a 991 GT3RS. Our proposed terms allowed them to use an existing unencumbered asset combined with the two purchases, resulting in the customer successfully purchasing the GT3RS without having to put down cash. An excellent example of how we can uniquely structure deals that work for our customers.
6Loan of £350,000 over 5 years We were happy to help a customer purchase their first classic car, and what better one to start with than a stunning concours standard DB6. From the initial contact, the loan was drawn down within 9 working days thanks to the close co-operation with the dealer, allowing the customer to use the car at a special occasion.
A collection of fine Porsches and other Classic Cars
Loan of £1,215,000 over 5 years A customer approached us directly as he sought to fund the purchase of a rare classic Porsche, refinance another, and release some equity to allow him to take advantage of buying opportunities in the current market. With our knowledge and understanding of the industry, together with a full suite of information, we were able to turn around his application and draw down funds in 7 working days. This included the asset inspection of cars in multiple locations and dealing directly with the dealers. The customer was delighted with his new purchase.
Loan of £100,000 over 5 years A customer wanted to treat themselves on a landmark birthday. We were happy to approve his loan quickly allowing them to buy in confidence from mainland Europe. Once the car was imported from the specialist, we arranged an asset inspection at a convenient place for the customer and were happy to release funds shortly afterwards.
An existing customer approached us, via his trusted Broker proposing to buy the stunning Falcon Sprint. We were more than happy to help. The customer was planning to race the car at classic events and given his experience, together with insurance arrangements, we were comfortable with this and look forward to seeing the car in action.
We were delighted to fund a rare and prestigious car for a very experienced collector. With relatively simple financials, the funds were arranged and drawn down in less than a week allowing the happy new owner to enjoy the car in its full glory.
Like we all do, the customer had fallen in love with a beautiful red Ferrari, in conjunction with his broker, from application to draw down, we made the funds available within a week. The classic car finance balloon was deliberately structured to ensure that the customer had adequate protection in the event of a reduction in prices allowing to have equity in the car or be able to refinance.
We worked with a customer to release equity on their existing car to raise a cash deposit for a new purchase. Their existing car from which we released equity was a Ferrari 275 GTB, a truly exceptional car to come across!
This is an extremely rare car, yet still the second one we have financed in the last 3 years. It is a beautiful and truly exceptional asset. The customer required a very short timescale from approval through to receiving the funds due to a vendor deadline. The team went above and beyond to ensure we delivered ahead of schedule, much to the delight of all parties concerned.
A UK customer who was about to become an expat abroad, needed to release equity from his car to invest in a business venture. We came up with a flexible solution that allows repayment early with a fair charge that makes allowance for the fact the customer had high bonus potential. The deal completed within the timescales required.
A customer required equity release from one of the cars in his collection to assist with the development of his property, despite having recently financed the vehicle our expert knowledge allowed us to fully appreciate the value of this rare and exceptional car, allowing the customer to release some additional funding.
Cambridge & Counties Bank Charnwood Court 5B New Walk Leicester LE1 6TE
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