Balloon car loans for exotic cars: how the final payment works
How a balloon lowers the monthly payment on an exotic car loan, what it adds in interest, and what goes wrong when the lump sum comes due.
Guides
Financing for exotic, classic and collector cars.
Financing an exotic car from a private seller
Woodside and J.J. Best both finance private-party sales. What the lender needs: appraisal, clean title, lien payoff, escrow and out-of-state paperwork.
Classic car financing: age rules, down payments and insurance
Woodside calls a car classic at 25 years; J.J. Best at pre-2000. Down payments, terms, agreed-value insurance and antique plate limits in 5 states.
Exotic car depreciation and your loan: reading the numbers
The Porsche 911 lost 11.1% over five years in one iSeeCars study and 5.3% on its model page. What each figure means and how the calculator uses it.
Exotic car lease vs. loan: lease-to-own, residuals and captives
Putnam leases run 13 to 60 months with a residual you can refinance for 1 to 5 years. When an exotic car lease beats a loan, and when it doesn't.
Financing an auction car: pre-approval, payment and title
Get approved before you bid. What RM Sotheby's, Mecum, Barrett-Jackson and Bring a Trailer offer, plus out-of-state title rules in CA and TX.
Gas guzzler tax: the full table and who actually pays
The federal gas guzzler tax runs from $1,000 to $7,700 on cars under 22.5 mpg. The manufacturer pays it and it shows on the sticker. Full table.
Exotic and classic car financing vs. a bank auto loan
Bank of America won't finance a car over 10 years old or 125,000 miles. Here is how specialty, lease, captive and auction lenders differ.
Long-term exotic car loans: 120, 144 and 180 months
What a 120, 144 or 180-month exotic car loan does to your payment, your interest and your equity, with the arithmetic shown. When a 15-year term makes sense.
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