LUXURY AND CLASSIC CARS
For modern luxury, sports and supercars, we calculate value by looking at the age, make, model and engine type and then the overall condition of the vehicle together with current market prices being achieved for similar vehicles. We will lend against most brands including Bentley, Rolls Royce, Jaguar, Porsche, Ferrari, Aston Martin, BMW, Mercedes, Land Rover and many more.
With classic cars, we liaise with specialist classic car dealers and valuers and consider the condition and rarity of the particular model.
We then inspect the car ourselves, after which we are able to give you a final loan value.
We store your car safely in our secure, under-cover lock-up with full security monitoring. Vehicle documentation is held separately and securely on your behalf in one of our vaults. We conduct a regular engine start-up in situ and provide a tyre pressure check and battery check, if required, prior to your vehicle being returned to you.
Commonly asked questions regarding loans against cars:
Q: How long is the length of the loan?
A: As regulated by the Consumer Credit Act 1974 - seven months. The loan can be settled early or a new agreement drawn up and extended at the six month point.
Q: What documentation do I need to provide?
A: Just need the Registration Document, ID and the completed agreement forms.
Q: What if there is already finance on my vehicle?
A: We may still be able to offer a loan if there is enough equity left in the vehicle.
Q: Do you run a credit check?
A: No. We may just check if there is any outstanding finance on the vehicle