I am wondering is financing the best way.
Money usually works.
If you need to finance an antique or specialty vehicle there are lenders who specialize. Look in the specialty magazines for ads from those lenders.
Best way I know of is to buy one out of junkyard, $500. Then rent a garage or strage place that will let you store a car in it, $1200 a year. Start takeing it apart, bolt by bolt, then research, talk to local car clubs and after $15,000 is spent you might have a almost original antique. But the funis in the building and getting to know that sqeak is the rear brake shoe and that rattle is the coil spring.
If you buy an antique car, one thing I can tell you, if its Original and Documented, expect to pay a small fortune. And it probablly still isnt an Original or an Antique. But thats not the idea, the idea is to have fun and enjoy the ride.
Pay cash for an old car, garage it and get to work, that is the best way in my opinion.
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Money usually works.
If you need to finance an antique or specialty vehicle there are lenders who specialize. Look in the specialty magazines for ads from those lenders.
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The best way to pay for an Antique car would be Chinese Financing. One Lump Sum. Unless you already have a buyer willing to pay you more than you are buying the car for.
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November 7th, 2009 at 3:46 am
My son wanted a 1967 VW Microbus, so we SAVED and SAVED. We found one that needed work, so we did the work on it as we could afford. It’s done now, wonderful, and 9 years later, it doesn’t leak oil, it "marks its spot" in the garage. Good Luck!
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