Collectors and enthusiasts alike desire a lender dedicated to the cars they cherish. Founded in 2003, Woodside Credit was created specifically to meet this need, offering a loan program designed to make it easy for borrowers to get behind the wheel. With low monthly payments, clients can retain more cash for other investments, and the program ensures flexibility with no prepayment penalties and no balloon payments. This commitment to doing right by car lovers continues to shape Woodside Credit as the trusted choice for collector car financing.
Low Monthly Payments
Woodside Credit is designed for those who prioritize low payments. With competitive interest rates and no prepayment penalties, you can pay off your loan at any time without added costs. These features are tailored to make financing as seamless and suited to your needs as possible. As specialists in classic and collector car financing, Woodside Credit brings expertise in vehicle values and offers services like virtual vehicle verifications (where applicable) for added convenience. Known for fast funding and strong dealership partnerships, Woodside Credit is purpose-built for car enthusiasts.
The 180-Month Term Advantage
Woodside Credit pioneered the 180-month term for collector car financing, helping drive the business to half a billion dollars annually. Since classic and exotic cars can appreciate, Woodside offers loan terms that provide low monthly payments, making it ideal for those who prefer to keep their cash free, such as entrepreneurs and investors. More and more savvy buyers recognize that now may not be the best time to tie up their funds in a vehicle, opting instead to keep their money working in other investments. Woodside’s unique program makes this approach possible, meeting the needs of today’s financially strategic collectors.
Impact of Selling Price on Loan Terms
The selling price of a vehicle is a key factor in determining the terms of a Woodside loan, versus the loan amount for other loan program. Given that longer terms are available for vehicles with a higher selling price, it doesn’t penalize borrowers who wish to put down a larger down payment. Our team is committed to providing clients the best solution and lowest payment, regardless of the size of the down payment.
Popular Loan Terms
Woodside Credit pioneered the 15-year loan term and continues to offer it today at competitive rates for vehicles with a purchase price above $200,000. The 144-month term is also available for vehicles with a selling price above $200,000. Both options provide clients with unparalleled flexibility and ultra-low payments. With a range of options, Woodside Credit helps navigate the unique aspects of collector car financing, always striving to align with clients’ wants.
A Loan Expert to Assist at Every Turn
At Woodside Credit, we take pride in providing the right insight for our. Our dedicated team is always ready to assist you in understanding and leveraging these terms to benefit you. Whether you’re new to collector car financing or an experienced enthusiast, we’re here to help you make well-informed decisions and take home your next collector car.
Starting with a Quick Quote is the fastest way to estimate the payment on your next collector car.
Frequently Asked Questions
Q: How long is the longest car loan term?
A: Woodside Credit offers 180-month financing for classic cars and collector cars like the Corvette, Rolls Royce, Aston Martin, and Lamborghini.
Q: Why is the 180-month term loan beneficial for collector car enthusiasts?
A: The 180-month term loan provides an opportunity for a super low payment. More and more savvy buyers realize now maybe isn’t the best time to have their money tied up in a vehicle, and instead prefer to keep it working for them in other investments.
Q: How does the 180-month term compare to traditional loan terms for collector cars?
A: Traditional loan terms for collector cars typically range from 3 to 7 years and are almost identical to loans for daily driver vehicles. In contrast, Woodside Credit’s 180-month term offers significantly lower monthly payments. Given our commitment to low payments, our rates remain competitive.