"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
“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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Johnny Puckett
Answered on May 11, 2021
Johnny Puckett is a freelance writer and automotive expert. He has contributed content to a number of some of the largest online publications, aftermarket automotive manufacturers’ sites, and automotive informational sites. His experience in the automotive and information fields informs his writing at Jerry. His automotive interests bleed into his free time, where he enjoys modifying his favorite cars and woodworking.
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