CLASSIC CAR FINANCING
J. J. BEST BANC & CO. is the largest and oldest automobile lender of this type in the country and is recognized by enthusiasts and dealers as the leader in the classic car and collectible automobile finance industry.
If you have good credit (generally a score over 600), you can get a loan approval in as little as 5 minutes. JJ Best offers long terms and low rates. With good credit, rates can vary from 6% to 12%. JJ Best Banc provides financing for most model cars ranging from 1900 to 2013 and is the only company, nationally to finance all turnkey, street legal special interest and collector automobiles (i.e.antique, classic, exotic, hot rod, kit, muscle and sports cars).
They can finance up to 90% of the selling price or book value (CPI Black Book, NADA, Old Cars Price Guide) whichever is less. In some cases they can also finance the tax, tags, title and registration fees to help limit the out of pocket expense to the buyer. If a vehicle is modified and/or does not have a book value, they can finance up to 90% of the appraised value (third party appraisal to be supplied to them by the dealer or the buyer). All kit or replica vehicles require a minimum of 20% down payment and an appraisal.
