If you’ve got your sights set on a European classic, like a Porsche 911 or Ferrari 308, chances are, financing is something you’ve started thinking about. Here’s what to know when financing a European classic car, so you can drive off with your next classic right in time for summer:
Why Finance a Luxury European Classic Car?
- Preserve Cash Flow: Many collectors and enthusiasts choose financing to avoid tying up a large sum of cash in a single purchase. Financing makes it easier to pursue your passion without compromising other financial goals or investments.
- Investment Potential: Many European classic cars hold or even increase in value over time. With careful selection, you may find that your financed vehicle appreciates while you enjoy owning it.
- Tailored Low Payments: Woodside Credit offers long terms and specialized program that suit collector car buyers. It’s not about cookie-cutter loans—it’s about structuring a loan that complements your long-term goals.
What To Condsider When Financing a European Classic Car
- Age & Value of the Car: Classic car financing isn’t one-size-fits-all. The vehicle’s model year, condition, and market value can impact loan eligibility and structure.
- Vehicle Market Appeal: A well-regarded European classic car—such as a Porsche 911 or a Mercedes-Benz SL—may have stronger resale value and long-term collectability, which makes them more attractive as an investment.
- Loan Terms & Interest Rates: Specialty lenders like Woodside Credit offer long terms and competitive rates that are tailored for classic car purchases. These terms help reduce monthly payments while preserving the buyer’s purchasing power.
Popular European Classics to Finance
- Porsche 911 (Air-Cooled Models): Highly collectible and beloved by purists, air-cooled 911s (especially models from the ’70s through the mid-’90s) are a staple of any classic car collection.
- Ferrari 308 & 328: These mid-engine V8 Ferraris offer timeless design and have seen rising values in recent years. They’re approachable for first-time Ferrari owners and a strong choice for long-term ownership.
- Jaguar E-Type: Dubbed “the most beautiful car ever made” by Enzo Ferrari himself, the E-Type is a British icon and a frequent star at concours events worldwide.
- Mercedes-Benz 300SL & 560SL: The 300SL Gullwing is a legendary investment piece, while the 560SL offers classic luxury with modern reliability. Both represent peak Mercedes craftsmanship.
- Aston Martin DB5 & V8 Vantage: The DB5 remains an icon thanks to its James Bond fame, while the V8 Vantage brings muscular British charm with collectible appeal.
Financing Your Next European Classic Car with Woodside Credit
At Woodside Credit, financing a classic car is about simplicity, transparency, and respect for what makes collector cars special. Here’s how the process works:
- Apply Online – A quick and simple application starts the process.
- Choose Your Car – Select your ideal European classic from a dealer or private seller. Have fun with this!
- Close with Confidence – With valuation expertise, electronic documents, and a knowledgeable team, the funding process is seamless, helping you get behind the wheel faster.
Whether you’re acquiring your first vintage Porsche or adding a rare Ferrari to your garage, Woodside Credit is the trusted name in classic car financing.
