How to Get Classic Car Financing

Finance Paperwork with Glasses

Considering a classic pre-owned car for your collection? You may have wondered whether classic car financing is any different from the typical car-buying process. While the requirements are largely similar, traditional auto loans typically cannot be applied to classic cars due to age and mileage restrictions. In addition, there are stricter classic car financing credit score requirements to meet. In the guide below, Crown Buick GMC breaks down classic car financing for curious New Orleans drivers like you.

Get Qualified for Classic Car Financing Now: Here’s How

Buying a classic car is a little different from conventional car-buying. For one, you must meet the required classic car financing credit score. While it’s not too difficult to get financing for a new car with a bad score, classic car financing bad credit is much less common. Along with a good credit score, you’ll also need to bring proof of the following in order to move forward with classic car financing:

  • Credit history – In addition to a good credit score, you’ll need a well-established credit report with a diverse range of account types: credit cards, mortgage, personal loan, and so on.
  • Steady income – Bring proof of a stable income that provides enough money to comfortably repay your loan.
  • Payment history – Potential lenders want to know if they can rely on you to pay on time, especially when it comes to auto loans. You’ll need to show a history of timely loan payments.
  • Savings account – If you don’t already have one, we recommend opening a savings account in Kenner before applying for classic car financing. It demonstrates that you consider your spending carefully, and that your vintage vehicle purchase wasn’t just an impulse.
  • Insurance coverage – As with traditional auto loans, you need to provide proof of auto insurance.

Vehicle Requirements and Restrictions

Now that you’re aware of the classic car financing credit score and proof-of-income requirements, let’s take a second to learn about the standards that a classic car for sale in Laplace must meet.

  • Vehicle appraisal – If you’re interested in a vehicle, many lenders will require an appraisal to see what it’s worth. You can consult various guides to find an estimated value, or search for vehicle appraisers in the Slidell area for an expert opinion. You can expect this service to cost between $100 and $500.
  • Age and mileage restrictions – Your lender may require that your vehicle fall within specific age and mileage limits.

Explore Your Classic Car Financing Options in Metairie

Questions about classic car financing credit score requirements? We’re happy to go over the classic car financing process with you in detail, whether over the phone or at our finance center near Marrero. Consult our online car-buying guide or give us a call today!

More from Crown Buick GMC

  • What Are the 2021 Buick Encore Colors?

    Wondering what the 2021 Buick Encore colors are? You have a huge assortment of options when looking to pick out the perfect shade of Buick SUV for your unique personality! Read about all your choices for the 2021 Buick Encore interior colors and exterior colors now with Crown Buick GMC below. The new Buick Encore exterior colors…

  • 2021 Buick Envision Interior

    Spacious and refined, the 2021 Buick Envision interior offers a quiet escape from your busy days in New Orleans. At the same time, dozens of innovative technology features keep you connected and comfortable while on-the-go. If that’s what you’re looking for in a crossover, then a new Buick Envision deserves a spot at the very…

  • 2021 Buick Encore GX Towing Capacity

    How much can you tow with a Buick Encore? That depends on the model you choose: while the Encore isn’t rated for towing, the Buick Encore GX towing capacity reaches 1,000 pounds with the proper equipment. 2019 saw the debut of the Encore GX, an SUV with impressive engineering and ample towing features. Explore this…



Your garage is empty.
Save some vehicles to get started!
Contact Us


Your garage is empty.
Save some vehicles to get started!
Crown Buick GMC 29.99295, -90.18114.