Finance your classic car thanks to the project loan

At the wheel of a Citroën DS of the 50s, you enter the shoes of a head of state. On board the Ford Mustang, you sing the famous chorus of A man and a woman. If every year, you use the floors of the salons and car museums… So no doubt, collector cars are made for you.

The passion at the end of the steering wheel

The passion at the end of the steering wheel

Good news, the old car market is full of the most attractive collection models as each other: American, English, cabriolets, sports… But beware, is not collection vehicle that wants! Cars do indeed get the label “collection” only from 30 years of age. The law requires this criterion as well as the possession of a specific gray card, called “collection”. The latter allows among other things the vehicle to be exempted from the obligatory passage by the technical control every two years to replace it by a light control every 5 years. For auto insurers, what matters is the rarity and aesthetics of the model. Fewer copies of your car will have been manufactured, the greater its value. Did you know that, on average, owners of vintage cars pay between € 6,000 and € 22,000 to buy these little jewels?

Where to find the rare pearl?

Where to find the rare pearl?

Between individuals:
it is the most extensive network in terms of offers. The potential buyer can try the car with the seller’s permission and it is possible to do good business. No guarantee however, and it is better to have the eye experienced to detect any malfunctions or modifications that would lose much of its value to the vehicle.

From a specialist seller:
the advantage of speaking to a professional is transparency in the information. He is familiar with his model and / or those of the dealer he represents. Nothing escapes him from the technical elements of the vehicle. Only downside: the rates can be slightly overvalued. This is the price to pay for ensuring the reliability of your acquisition.

The auction:
good plan for connoisseurs, the auction requires to know the proposed models, or to have thoroughly inquired before accessing the sale. This is a good opportunity, if you have a good notion of the prices charged, to do good business but, attention, we can quickly get wrapped up and exceed the price of the market by excess of enthusiasm. Set a limit before bidding, this is the best way to not regret a proposal.

Some tips before financing your purchase

Some tips before financing your purchase

To finance your purchase, do not hesitate to consult the loan rates of Cashimugo. You can use the online credit simulator which will give you an idea of ​​the repayment terms depending on your situation and your repayment capabilities. Advisors are also there to inform you and help you in the process of granting a loan for a vintage vehicle. By finalizing a credit application, you will get a first immediate policy response.