Porsche 911 2.2e 1976

The team at Fast Car Finance are always on hand to finance all manner of cars. Whether they be new, used, sports or prestige or something rare and collectable we can assist. Following a recent referral from a leading independent Porsche dealer, we were tasked with securing funding for a client looking to purchase recently restored 70’s produced Porsche 911 2.2 “E”

Car collectors can struggle to secure finance on older “classic” cars, simply because the mainstream finance companies do not have an underwriting policy to accommodate them. Most lenders will have a maximum age policy for motor cars, this typically being either ten or fifteen years at the “end” of the loan term.

As a specialist and wholly independent car finance brokerage, Fast Car Finance has access to lenders that specialise in financing classic and historic automobiles. This car was manufactured in 1970 and despite having been the subject of a comprehensive restoration, arranging used Porsche Finance on a 53-year-old car is not to the liking of most lenders. With our knowledge, we were able to secure classic car finance for the purchase of this lovely example over a four-year term, added to which we were able to secure a final payment (more commonly known as a balloon) of some £89,000.

The balloon payment reflected the markets opinion of the car and its likely future investment value. This allowed us to structure used Porsche finance in such a way that the customer has a manageable monthly finance payment, plus the opportunity to refinance the final payment in a further four years’ time (subject to a revaluation of the car at that point).

Arranging classic car finance is an area owe have substantial expertise in and we are able to cater for nearly all makes and models. If you are in the market to purchase a classic car and need historic car finance, then please contact us today. We can provide a free and no obligation review of the used car finance options available to you