World-class specialists Classic Motor Cars (CMC) are now offering bespoke personal finance for classic car purchases and restorations through JBR Capital.
Nigel Woodward, Managing Director at Classic Motor Cars, said: “Besides their charm or nostalgic appeal, classic cars can offer excellent potential as investments. With the tailored finance solutions provided by JBR Capital, enthusiasts can now turn their dream into reality. Owning a classic has never been easier.”
Darren Selig, Executive Chairman at JBR Capital, said: “We’re delighted to be working with Classic Motor Cars, opening up a range of finance options to prospective and current owners of classic cars.”
The available restoration finance options include staged payments and early settlement options to suit almost everybody, equity release against existing vehicles therefore releasing funds that would otherwise be tied up and refinancing for customers who have existing finance agreements.
For classic car purchases, the finance options include equity release, credit line finance allowing buyers to move very quickly and seal the deal, hire purchase allowing individuals to pay for their car in monthly instalments, lease purchase which is similar to the hire purchase but with a balloon payment at the end of the fixed term and refinancing.