Classic Car Loans

Classic car loans are specialised financing options designed to help individuals purchase, restore, or customise vintage and classic cars. These loans allow you to spread out the cost of acquiring a classic car over time, making it easier to finance collector vehicles such as vintage Fords, Holdens, Mustangs, and hot rods. Australian Equipment Finance offers flexible repayment terms and competitive interest rates, allowing you to invest in a piece of automotive history without the financial strain of upfront payments.

Applying for a classic car loan with Australian Equipment Finance is a straightforward process. Simply fill out our online application form with details about your income, the classic car you want to finance, and your financial history. Once submitted, we will review your application and provide approval within 24 hours. Whether you're purchasing a fully restored Holden or a project Mustang, our fast approval process ensures you can secure the financing you need quickly.

Australian Equipment Finance offers loans to finance a wide range of classic cars, including:

• Ford Mustang : Iconic American muscle cars that have captured the hearts of enthusiasts worldwide.
• Holden: Classic Australian cars known for their reliability and cultural significance.
• Hot Rods: Custom-built vehicles that showcase craftsmanship and individuality.
• Vintage Fords: From Model T’s to Falcons, classic Fords are popular among collectors.
• Chevrolet Camaros: American muscle cars with timeless appeal.

Whether you're investing in a fully restored show car or a project vehicle in need of restoration, our loans allow you to finance the classic car that fits your passion.

Yes, you can use a classic car loan to finance restoration, repairs, or customisation work on your classic vehicle. Whether you're restoring a Holden from the ground up or customising a hot rod with performance upgrades, Australian Equipment Finance offers flexible loans that cover the cost of parts, labour, and custom work. This ensures you have the financial resources to bring your vision to life, whether you're turning a project car into a showstopper or adding custom features to your pride and joy.

Owning a classic car with a loan offers several advantages, including:

• Affordability: Spread the cost of purchasing and restoring a classic car over time, making it more accessible.
• Investment Potential: Many classic cars appreciate in value over time, especially when well-maintained and restored.
• Customisation Freedom: Financing allows you to invest in customisation and upgrades without worrying about upfront costs.
• Passion Fulfillment: Owning and restoring a classic car is a fulfilling hobby that allows you to preserve automotive history.

Financing your classic car ensures you can enjoy the experience of owning, restoring, and customising your dream vehicle while managing your payments in a way that suits your budget.

Australian Equipment Finance provides flexible repayment options for classic car loans. You can choose a repayment term that best suits your financial situation, with terms typically ranging from 12 to 84 months. Whether you prefer shorter terms with higher monthly payments or longer terms with lower monthly payments, we tailor our loan options to ensure you can comfortably afford your classic car.

Our approval process for classic car loans is fast and efficient, with most applications approved within 24 hours. This quick turnaround ensures that you can secure the financing you need to purchase your dream classic car without delays. Whether you're buying a hot rod or a vintage Ford, our fast approval process allows you to move forward with your purchase as soon as possible.

Yes, Australian Equipment Finance offers classic car loans that can include the cost of restoration, repairs, and customisation work. This allows you to finance not only the purchase of the vehicle but also any work needed to bring the car up to your desired standard. Whether you're restoring a Mustang to its original glory or adding modern upgrades to a hot rod, our loans cover the entire project, making it easier to manage your expenses.

In certain cases, there may be tax benefits to financing a classic car, especially if the car is used for business purposes, such as part of a collection or promotional events. Additionally, some collectors may be able to claim tax deductions for restoration and maintenance costs. It’s important to consult with a tax professional to understand the specific tax benefits available for your situation.

Yes, you can refinance your classic car loan if you find better interest rates or more favourable loan terms. Refinancing allows you to replace your current loan with a new one, potentially lowering your monthly payments or reducing the total interest paid over time. Australian Equipment Finance can assist you in exploring refinancing options to ensure you're always getting the best deal for your classic car loan.

A balloon payment is a larger lump sum that is due at the end of the loan term. This structure allows you to have lower monthly payments throughout the loan, with the remaining balance due at the end. Australian Equipment Finance offers classic car loans with balloon payment options, which can help you manage your cash flow during the loan period. At the end of the loan, you can either pay off the balloon payment, refinance it, or sell the car to cover the cost.

Absolutely! Australian Equipment Finance offers loans that cover the cost of customisation work on hot rods and other classic vehicles. Whether you're adding modern features, upgrading the engine, or customising the interior, our loans provide the financial flexibility to finance your custom build. This allows you to invest in a unique vehicle that reflects your personal style without the burden of upfront costs.