"What kind of car loan is best for a classic truck like a C-10 Chevy? "

"I have always loved the C-10 Chevy trucks of the 1970s. However, they’ve gone way up in value lately and I would have to get a car loan to buy one.

Another issue is finding one worth buying and getting the loan in a timely manner. How is this usually handled, and what is the best way to go about financing a classic truck?


Answer provided by
Johnny Puckett
Answered on May 11, 2021
“If you are buying from a classic car dealer, they will sometimes work out financing for you. However, their loan selection is most likely going to be on the higher end and less affordable.
If you are looking to buy a classic vehicle to restore, you are going to need cash, as most private sellers are not going to negotiate with you for a check and lenders will not pay cash for auto loans. Most people usually save up prior to buying, or you can look into getting an unsecured personal loan to buy a C-10 Chevy from a private seller. “

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