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It’s hard to argue the late 60s and early 70s were the heyday for the muscle car. Designed for power and straight-line speed, the muscle car is an inexpensive, rear-wheel-drive machine built for racing light-to-light. Not to confuse pony cars, muscle cars were known for their enormous snorting V8s, bulletproof construction, and cheap parts.

1964 Pontiac GTO 389 Tri-Power

Estimated Payment: $668/month

pontiac gto

With iconic styling, muscular presence, and the triple carburetor engine, this original GTO is often referred to as the first American muscle car.  With a 0-60 MPH time a full second faster than a regular GTO, it was the pinnacle of high-performance and low cost.

Sale Price $65,000. Monthly payment of $668 based on a loan amount of $58,795, 10% down, and 6.61% APR financing for 120 months.

1969 Ford Mustang Boss 429

Estimated Payment: $1,581/month

One of the rarest and most desirable muscle cars today, with completely restored versions going for over 300k in today’s market, the Mustang Boss remains one of the most important muscle cars of its time. The variant was launched for Ford's new motorsports endeavors. It’s one of the most revered American engines and a total of 1356 were built.

Sale Price $175,000. Monthly payment of $1,581 based on a loan amount of $157,795, 10% down, and 6.53% APR financing for 144 months.

1969 Dodge Charger Daytona 426 Hemi

Estimated Payment: $1,396/month

1969 Dodge Charger Daytona 426 Hemi

Featuring a nose-cone up front where the grill typically is and a giant stabilizer wing on the rear deck, this is one muscle car built for speed. Created for NASCAR, this vehicle won many races and was a success for Dodge.

Sale Price $200,000. Monthly payment of $1,396 based on a loan amount of $160,295, 20% down, and 6.53% APR financing for 180 months.

1969 Chevy Camaro ZL-1 427

Estimated Payment: N/A

1969 Chevy Camaro ZL-1 427

The engine is what made the ZL-1 so special, with open-chamber aluminum heads and a forged crank, the design made the front end of the vehicle much lighter than competitors. Only 69 were built and today they are considered very special and rare, with examples easily heading into the 7-figure range.

 

1969 Chevy Camaro Yenko 427

Estimated payment: N/A

1969 Chevy Camaro Yenko 427

One of (if not the most) desirable of big-block Camaros is the Yenko 427. Named after Don Yenko who modified an array of Chevy’s muscle cars, the main difference from the ZL-1 was the route in which it was modified. Both however pack the aluminum engine punch which makes both vehicles valuable today.

 

1970 Plymouth Superbird 426 Hemi

Estimated payment: $3,487/month

Plymouth superbird

With the Charger Daytona being the sibling of the Superbird, they share some of the modifications, but the Superbird happens to be a bit less aerodynamic. Nonetheless, the Superbird carried over the impressive Hemi engine and was more available given over 700 were produced.

Sale Price $500,000. Monthly payment of $3,487 based on a loan amount of $400,295, 20% down, and 6.51% APR financing for 180 months.

1970 Chevy Chevelle LS6 454

Estimated payment: $905/month

1970 Chevy Chevelle LS6 454

Coined King of the Streets due to its 450 horsepower and 500 lb.-ft of torque, the vehicle had the biggest engine Chevy ever placed in a passenger car. Its top-of-the-line engine was matched with all the options, making the around 4,000 versions produced expensive at the time (and extremely valuable today).

Sale Price $100,000. Monthly payment of $905 based on a loan amount of $90,295.00, 20% down, and 6.56% APR financing for 144 months.

1970 Dodge Challenger 426 Hemi

Estimated Payment: $1,766/month

Built around a big-block Hemi, with the smaller architecture, the body was developed to compete more closely with the Mustang and Camaro of its time. The V8 delivered over 425 horsepower and offered both a 4-speed manual and automatic.

Sale Price $220,000. Monthly payment of $1,766 based on a loan amount of $176,295, 20% down, and 6.53% APR financing for 144 months.

1970 Plymouth Cuda 426 Hemi

Estimated payment: $2,964/month

1970 Plymouth Cuda 426 Hemi

The Cuda was newly redesigned for the ’70 model year and shared the same platform as its Dodge counterpart. Characterized by being slightly shorter and its large, split front grille, this generation was the push from being an economy pony to a full-on muscle car. The ‘Cuda’ signifies the larger engine over the more mainstream Barracudas.

Sale Price $425,000. Monthly payment of $2,964 based on a loan amount of $340,000, 20% down, and 6.51% APR financing for 180 months.

1970 Buick GSX Stage 1 455

Estimated payment: $1,356

1970 buick GSX

The GSX Stage 1 was Buick’s answer to the booming muscle car market. With the brand positioned slightly higher than Chevy, the vehicle had less in-your-face style but still packed over 510 lb. ft of torque, making it one of the biggest engines over competitors.

Sale Price $150,000. Monthly payment of $1,356 based on a loan amount of $135,295, 10% down, and 6.54% APR financing for 144 months.

Ready to shop for your next muscle car? See the low Woodside Credit payment in action on sites like classiccars.com or hemmings. Did you find a ride you like? Get a quick quote to estimate the Woodside low monthly payment.

The Porsche 911 is of the most iconic sportscars from the past decades, and today it remains an icon for its legendary performance, brand name, and artful driving dynamics. As one of our most popular vehicles to finance, Woodside Credit has spent much quality time understanding the nuances of each version and generation of this iconic vehicle. The 911 continues to climb in value at a rate higher than most other classics and exotics—many model years have crept into the 6, even 7 figure range. Here are our picks for the best Porsche 911s of all time (with estimated payments included).

 

1973-Porsche-Carrera-RS.

1973 Porsche Carrera RS

Estimated Payment $5,579/month

The '73 Carrera RS was Porsche's first time making an even better 'S' version of the 911. Focused on engineering a lighter, more powerful, better-balanced version of the original made this Porsche even more competitive at the time. Today the extremely rare RS fetches some impressive figures and is beloved by some of the wealthiest people in the world.

Sale Price $800,000. Monthly payment of $5,579 based on a loan amount of $640,395, 20% down, and 6.51% APR financing for 180 months.

 

1976-Porsche-911-Turbo

1976 Porsche 911 Turbo (930)

Estimated Payment $771/month

This is the first year of the 911 Turbos. With race-series being 'production-based,' it was important for Porsche to market this vehicle to consumers to meet homologation regulations. Therefore, upon its introduction, the model built upon the Carrera RS's success and was the fastest production vehicle available in Germany. With 256 horsepower, a revised suspension, larger brakes, and a more robust gearbox, the 930 was an enthusiasts' dream. However, with quick specs, the vehicle was also a bit demanding to drive, and due to the rear engine layout, it was prone to oversteer.

Sale Price $75,000. Monthly payment of $771 based on a loan amount of $67,895, 10% down, and 6.54% APR financing for 120 months.

 

porsche 911

1991 Porsche RS 3.8 (964)

Estimated Payment $5,666/month

In 1989 Porsche entered a more modern age with the '91 version of the 911 and kept much of its racing heritage. With New styling revisions, integrated bumpers, auto transmissions, and all-wheel drive options, the model expanded the purpose of the 911, and the RS version remained the racing-focused version. The RS 3.8 was over 200 pounds lighter and had a more aggressive engine, making it the meanest Porsche to purchase at the time. Forty-five units were sold in the US under the "Carrera Cup US Edition."

Sale Price $1,300,000. Monthly payment of $5,666 based on a loan amount of $650,395, 50% down, and 6.51% APR financing for 180 months.

 

1995-Porsche-911-Turbo-GT2

1995 Porsche 911 Turbo GT2

Estimated Payment $4,795/month

With only 57 examples produced, the 911 GT2 was yet another impressive improvement over the previous generations. With an air-cooled engine making 430 horsepower via a six-speed manual transmission, this was the fastest model to date. Featuring weight savings items like the pull strap door handles, this vehicle prioritized performance and speed.

Sale Price $1,100,000. Monthly payment of $4,795 based on a loan amount of $550,395, 50% down, and 6.51% APR financing for 180 months.

 

1997-Porsche-Turbo-S-993

1997 Porsche Turbo S (993)

Estimated Payment $1,781/month

Every part was designed from the ground up, and a mere 20% of its parts were carried over from previous generations. More importantly, it makes the very last year of the twin-turbo air-cooled engines. Porsche took the opportunity to make significant-tech and visual advances, including a new wishbone suspension that gave previous models oversteer. The Turbo S was manufactured by the Porsche Exclusive department. A power upgrade of 450 horsepower and many extras, including carbon fiber inserts in the interior, gave this vehicle impressive performance.

Sale Price $255,000. Monthly payment of $1,781 based on a loan amount of $204,395, 20% down, and 6.53% APR financing for 180 months.

2011-Porsche-GT3-RS-4.0

2011 Porsche GT3 RS 4.0

Estimated Payment $2,338/month

Often called the ultimate RS, this collector vehicle was one of the last times Porsche used the legendary Mezger flat-six--a 500 horsepower naturally aspirated engine. Limited to 600 units, it was the leading track version and kept various weight-saving options that Porsche pioneered throughout the years. With most examples initially selling above $200,000, the value of these cars continues to climb, with some models selling for $750,000.

Sale Price $255,000. Monthly payment of $2,338 based on a loan amount of $268,395, 20% down, and 6.52% APR financing for 180 months.

2019-Porsche-GT2-RS

2019 Porsche GT2 RS

Estimated Payment $3,836/month

Take everything Porsche learned about racing and performance in the past decades and narrow it down to one vehicle—here you have the GT2 RS. Blowing away auto enthusiasts and writers upon its entry in 2019, the GT2 RS became a favorite with its blistering speed, sensational steering, massive grip, and ultimate poise. It's officially the fastest 911 with a 0-60 of 2.7 seconds, and its 700 horsepower is nearly 3x as powerful as the originals.

Sale Price $550,000. Monthly payment of $3,836 based on a loan amount of $440,395, 20% down, and 6.51% APR financing for 180 months.

With nearly 60 years of the 911, it's no surprise the nameplate wins over more and more fans (and customers) every year. So which ones are your favorite? Let us know if there's any we missed. Are you looking to take a 911 home? Let our quick quote help you determine the Woodside Low Monthly payment.

 

‘Tis the season for a new classic this holiday!  During the winter months, more and more capable classics are being purchased, ones that are not only reserved for the summer months. While 4-wheel drive vehicles were largely reserved for SUVs and off-roaders, there’s a variety of vehicles that are snow-ready. See our picks for the hottest classics this winter season.

1988 Land Rover Defender 90

land rover defender financing

$822/Month

World-renowned for off-road capability, the Land Rover Defender is a legendary British all-terrain vehicle. The original model was sold up until 1997 after which safety regulations prohibited its sale in North America. It has iconic off-road looks and is recognized worldwide. The 90 in the model’s name refers to the length of the vehicle and is the shorter 2-door option. With more demand than ever and high-end restorations can mean sales prices well into 6 figures. You can still pick up a nicely restored version under 100k, but chances are it’ll sell quickly.

Sale Price example: $80,000. Monthly payment of $822.03 based on a loan amount of $72,395, 10% down, and 6.62% APR financing for 120 months.

1990 Porsche 911 Carrera 4 Coupe AWD (964)

classic 911 financing

$951/Month

The 911 Carrera 4 was the first AWD coupe from Porsche and was hailed for its technologically advanced powertrain. Going from a rear-wheel-drive platform like the other 911s at the time offered even better handling and less slip for snowy conditions. Still iconic to this day, great performance and great handling make this vehicle very desirable. With prices surging over the past year, most good condition examples go well above $100k.

Sale Price example: $105,000. Monthly payment of $950.77 based on a loan amount of $94,895, 10% down, and 6.58% APR financing for 144 months.

1971 Ford Bronco

classic ford bronco financing

$515/Month

There’s been much buzz in the Bronco world with the latest 2022 Ford Bronco. It has resurrected brand have made the early generations of the Bronco are cooler than ever. With its convertible top, it’s built for iconic California holidays where beaches are more common than snow.  Also extremely capable, this vehicle does hold its own in cold weather climates. The first generation continues to be the most desirable albeit smaller than the generations that came after it. The Bronco remains one of the most iconic American SUVs.

Sale Price example: $50,000. Monthly payment of $515.45 based on a loan amount of $45,395, 10% down, and 6.70% APR financing for 120 months.

1990 Jeep Grand Wagoneer

Classic jeep grand wagoneer financing

$515/Month

Another American classic that has been remade recently is the Jeep Grand Wagoneer. With chrome finishes, wood grain on the doors, and an iconic leather interior, the Jeep Grand Wagoneer still shines today. It was an instant classic with luxury features and distinctive design becoming symbolic of the American dream.  It was the go-to vehicle for the suburbs and to shlep the family around safely during the winters. Although prices have climbed recently, there’s a burgeoning market for the Grand Wagoneer and many companies restoring them.

Sale Price example: $50,000. Monthly payment of $515.45 based on a loan amount of $45,395, 10% down, and 6.70% APR financing for 120 months.

1983 AMC Eagle

classic AM Eagle

$380/Month

Probably the most iconic off-roader, the Toyota Land Cruiser has been around since the 1950s. The 1980’s Land Cruiser grew much bigger, becoming full size and still packed amazing off-roading capability. Today, off-roaders still love the 60 series for its reliability and go-anywhere capability. If you’re going on a snowy off-road trail, this is the best. Pricing seems like a good value still, but many customized versions for off-roading can cost a pretty penny.

Sale Price example: $30,000. Monthly payment of $380.35  based on a loan amount of $27,395, 10% down, and 7.9% APR financing for 96 months.

1985 Ferrari 288 GTO

$6,972/Month

So, let’s be real, the Ferrari 288 GTO doesn’t necessarily do well in the snow, but it does everything else phenomenally. It’s one of the most desired Ferraris of all time and amongst the rarest. It was notably successful as a racing car homologated for GT sports car racing in the golden era. If you’re in the market for a high-value collectible, there’s nothing like having a red Ferrari in your driveway this holiday season.

Sale Price example: $1,600,000. Monthly payment of $6,972.30 based on a loan amount of $800,395, 50% down, and 6.51% APR financing for 180 months.

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With many sellers in one place, auctions can be home to a variety of vehicles making it an excellent place for buyers to find that special vehicle. Many people assume they cannot finance a car at an auction, but Woodside Credit has pioneered a decade-long relationship with Barrett-Jackson, the World’s Greatest Collector Car Auctions. With four auctions every year, representing hundreds of millions of dollars in sales, Woodside Credit has the experience to get you to the bidding block to secure the collector car of your dreams. Thinking about financing a car at an auction? Keep these tips in mind:

Do your Due Diligence on the Classic Car Auction

Every auction has its own set of rules for participating, so ensure you know the rules and deadlines for participation. Barrett-Jackson makes it easy to understand bidding as well as financing with Woodside Credit. Always at or next to the Bidders’ Office, Woodside Credit is on-site and ready to assist with any purchases made from a borrower.

Determine the Potential Costs and What You Can Afford

Many times the cars up for auction will be listed online before the event. It is a great spot to pick your favorites and determine which vehicles interest you. Using industry tools like NADAguides or Woodside’s payment calculator will help you determine how much a vehicle could sell for, and how much it will cost you monthly. Do your homework in determining how much you can afford and ensure your dream car fits within that budget.

Get Pre-Approved Before the Auction

A pre-approval allows you to go to an auction and confidently bid on a vehicle up to a specified amount. If attending Barrett-Jackson, Woodside Credit can get you pre-approved over the phone or online. You select the amount of the pre-approval, allowing the flexibility to bid up to that amount--regardless of whether you bid in person, over the phone, or online.

Be Timely with Loan Documents

After your purchase, Woodside gets to work to generate your loan documents, which can be signed electronically or in-person at Barrett-Jackson.

With our auction expertise through Barrett-Jackson, let us help you bid on your dream car. We are happy to serve you at Barrett-Jackson’s biggest auction in January in Scottsdale, Arizona. Get pre-approved before the auction.

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With a more competitive market than ever, use these tips to help find your next ride.

We’re familiar with the used car market—since March 2020, used car prices are up nearly 40%. This increase not only affects daily driver vehicles but also classic and exotics. With demand continuing to soar as well, it is no secret finding another dream vehicle (at a dream price) takes more time than ever.

What is a good place to find older cars for sale?

  • Dealerships – Article headlines have told us dealership lots are empty, but dealerships still have an inventory (and often have new inventory arriving every week)—even if vehicles are staying on lots for much shorter periods of time. Stay on top of new inventory at dealers by learning how dealerships promote new inventory--and build relationships with dealer representatives that can keep you up to date. Dealerships like EuroCar have a VIP List, which is an email alerting you about new vehicles in inventory. Look for other email lists you can subscribe to, ensuring the latest vehicles show up in your inbox.
  • Private Party – Private party sales continue to be a great place to find deals on used rides. Although many community bulletin boards no longer have vehicles for sale (or no longer exist), online is the place to look. Facebook marketplace and craigslist are chock full of both fully restored classics and scrappy classics needing some love. Other classified sites and resources local to your area may also be available to find unique rides.
  • Auctions – Auctions like Barrett-Jackson are the center of collector car culture. Barrett-Jackson’s largest auction is happening in Scottsdale on January 22-30th 2022. With hundreds of the most desirable classics, you can see the select preview on their website. If you do plan on bidding at Barrett-Jackson, learn about getting pre-approved with Woodside Credit.
  • Publications and Auto Networks – From Hemmings to Autotrader Classics, some of the most incredible used cars can be found through these sites. Many dealers advertise across these types of platforms, making it a great place to search a wide selection of vehicles all at once. These sites also have tools to receive alerts when a particular classic becomes available for sale.

No matter where you buy, buy with Woodside Credit. Our loan programs are purpose-built with the collector in mind. Whether you buy at a dealership or private party, auction or publication, put the lowest monthly payments in America work for you. Contact us today.

 

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Cadillac is synonymous with American luxury. For the past 100 years, the automaker has built a reputation for big, beautiful vehicles with iconic designs. With major success and some setbacks over the decades, here are some of the vehicles that defined the brand.

1930s cadillac v16

1930 Cadillac V16

Estimated Monthly Payment: $2,268.32

Launched for the 1930 model year and the first V16 powered car on the market, the Cadillac turned heads with its innovation and looks. Cadillac was synonymous with refinement, expense, and exclusivity. Just over 4000 were produced during its 11-year run, with most built before the great depression took a stronghold. With the onset of WWII later in the decade, the Cadillac V16 experienced a slow demise before being replaced.

Sale Price example: $325,000. Monthly payment of $2,268.32 based on a loan amount of $260,395, 20% down, and 6.52% APR financing for 180 months.

1948 Cadillac Series 62 Coupe

1948 Cadillac Series 62 Coupe

Estimated Monthly Payment: $985.03

The first new postwar Cadillacs arrived in 1948, ushering in new designs and tailfins inspired by fighter planes. Selling over 34,000 units its first year, it made up most of the sales at the time. A sedan and convertible coupe were also available with prices starting below $3,000. Today, it’ll cost a bit more to drive this iconic piece of postwar history.

Sale Price example: $95,950. Monthly payment of $985.03 based on a loan amount of $86,750, 10% down, and 6.60% APR financing for 120 months.

59 Cadillac Coupe De Ville

1959 Cadillac Coupe De Ville

Estimated Monthly Payment: $801.54

With bullet taillights, wings bigger than ever, and jewel-like grille patterns giving Cadillac a new design direction. A big V8 under the hood made 325 horsepower. The Coupe De Ville of this generation was the hallmark of refinement and design. With over 53,000 De Villes sold in the first year, it was another successful vehicle, accounting for 37% of all Cadillacs sold.

Sale Price example: $77,995. Monthly payment of $801.54 based on a loan amount of $70,590.50, 10% down, and 6.63% APR financing for 120 months

1967 cadillac Eldorado

1967 Cadillac Eldorado

Estimated Monthly Payment: $368.88

With a radical redesign in 1967, the El Dorado ushered in a new look to the 8th generation vehicle. The design was a great departure with crisp styling and more angular, which was well received. Handling and drivability were great for the time, which made it easy for the company to fetch top dollar and increase sales over the previous generation.

Sale Price example: $29,900. Monthly payment of $368.88 based on a loan amount of $27,305, 10% down, and 7.15% APR financing for 96 months.

1979 Cadillac Fleetwood Brougham

1979 Cadillac Fleetwood Brougham

Estimated Monthly Payment: N/A

Manufactured by Cadillac through 1986, the vehicle was the most expensive and the highest level of luxury. The Broughham designation was used to describe the best vehicles Cadillac made, even though weight savings and efficiency took a priority in this design of the vehicle. Although this model was a transition out of the golden years of the company, this was the last remaining vehicle that defined the postwar decades of Cadillac.

1987 Cadillac Allante

1987 Cadillac Allante

Estimated Monthly Payment: N/A

The 80s and 90s were tough years for many carmakers—including Cadillac. The company went in new directions with the hopes of attracting new buyers. The Allante had a body made in Italy by coachbuilder Pininfarina. Completed bodies were flown to Detroit for final assembly where Cadillac supplied the chassis and running gear. The vehicle helped Cadillac maintain a position in the luxury car market. Today there’s still a small following for vehicle largely due to the build from iconic coachbuilder Pininfarina.

1999 Cadillac Escalade

Estimated Monthly Payment: N/A

We view the Escalade today as a halo vehicle from Cadillac and it all started with a rebadged GMC Yukon in 1999. Lincoln at the time had just come out with the successful Navigator, which left Cadillac in a pinch. It sold over 50,000 units in its first generation and was later replaced with an even better model in 2002. A welcomed success after struggles in the 80s and 90s.

2004 cadillac xlr

2004 Cadillac XLR

Estimated Monthly Payment: $550.79

The Cadillac XLR was the excitement the company needed to bring back the competitiveness of the brand. With adaptive suspension, retractable hardtop, adaptive cruise control, and touch screen navigation, it was filled with features and technology. The total package made it nominated for North American Car of the Year in 2004. This vehicle marked a shift in the focus of the brand, and you can drive one home for a relatively great price.

Sale Price example: $47,500. Monthly payment of $550.79 based on a loan amount of $40,770, 15% down, and 7.02% APR financing for 96 months

cts-v wagon

2011 CTS-V Wagon

Estimated Monthly Payment: N/A

The hatchback or station wagon version of the CTS-V was launched in 2010 as a 2011 model year. Based on its sedan sibling, it was fitted with a V8 from the corvette at the time. This was the enthusiast choice from the Cadillac brand largely due to its performance, design, and package. With many fans still around today, the value of the wagon holds strong over the sedan.

ct5-v blackwing

2022 CT5-V Blackwing

Estimated Monthly Payment: N/A

With 650 horsepower and manual transmission, the CTS-V blackwing may be one of the last of its kind before the auto industry races to EVs. It promised a track-ready sports sedan with its supercharged v6. Designed to take on the likes of Mercedes AMG and BMW M product line, the vehicle was an exciting hit when it was announced at the beginning of 2020.

No matter where you buy, buy with Woodside Credit. Our loan programs are purpose-built with the collector in mind. Whether you buy at a dealership or private party, auction or publication, put the lowest monthly payments in America work for you. Contact us today.

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Have you had apprehension about financing a car in a private sale? Well, you wouldn’t be the first. The lending environment does not always make it as convenient as going to a dealership, especially for classic and exotic vehicles. While unsecured loans are more common in private party sales mostly due to convenience, higher interest rates push many savvy borrowers to look elsewhere.

With a more competitive used auto market than ever before, up 35% more competitive over the same 9 month period last year, it can feel like a sellers’ market. Whether you are looking for that classic Porsche 911, a desirable vintage Bronco, or a red Ferrari, use the below tips for financing a classic car in a private party sale to help navigate the purchase process in the ever-more competitive buying environments.

Find Out if You’re Eligible. Get Pre-Approved.

If you’re like most classic car buyers, it may take months or even years of research to find the perfect vehicle. By taking the first step of determining how much to spend and if credit is available, you’ll know what makes sense to stay financially savvy (it may also help narrow the search). When you do find a vehicle that feels like the right one, it may make sense to get pre-approved. A pre-approval letter may differ from lender to lender but can typically last for at least 30 days. The pre-approval allows you to go to a seller with an offer and confidently show that a lender is willing to extend credit for the deal, allowing you to strike while the iron is hot. Pre-approvals for vehicles are common in the auction space and are becoming more common for private party sales.

Be timely with Loan Documents

Loan documents may be the most overlooked item during the excitement of a purchase. Loans can generally take longer than buying with cash simply because of signatures and documents. Plan for your loan documents and plan for the time it takes to review the documents. The sooner you can review, process, and execute loan documents, the sooner the loan and funding process can be completed. Lenders like Woodside Credit work directly with buyers and sellers to get the documentation that is needed, collect e-signatures and streamline the loan process so that you can get your loan funded quickly.

Find a Lender with Private Party Expertise

While most lenders are okay doing a private party sale, they may lack the expertise to keep all the pieces running efficiently. From working with all parties to having expert knowledge of the type of classic car you are buying, using a lender with private party expertise will help you execute a purchase in a timely manner. Additionally, look for tech options from your lender, like e-sign and virtual inspections. Technology can make a considerable difference in the purchase process and even allow funding to take place on the same-day.

Classic cars continue to rise in value and interest among classic car buyers is at an all-time high. With these three tips, you’ll have some additional expertise to help you find the classic car of your dreams. Ready to find your dream car? Get pre-approved today.

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The Orange County Business Journal Honor Comes on the Heels of the Company’s 12th Year of Consecutive Growth.

Newport Beach, CA, October 11, 2021 — Woodside Credit, offering the lowest monthly payments in America for classic and collector car enthusiasts, ranks as one of the fastest-growing private companies by the Orange County Business Journal. With two-year revenue growth of 62.1%, it pushed the company to over $2 billion in lifetime loan originations. This year, Woodside Credit surpassed 2020’s loan volume in September, putting it on course for yet another year of record growth. The achievement cements Woodside Credit’s continued leadership position in the collectible and exotic car space, as well as the Orange County business community.

“Woodside Credit has exhibited sustained expansion over the past twelve years, and we’re honored to receive this recognition,” said Mitch Shatzen, President and Chief Operating Officer at Woodside Credit. “Our commitment to commonsense lending continues to be received well by borrowers, and our loan program provides an unmatched option to most lending products. It’s the perfect combination to drive us further into the collectible car lending market, a niche we pioneered back in 2003.”

Woodside Credit ranks #15 on The List of Fastest-Growing Midsize Private Companies by the Orange County Business Journal. Nominees are rated on two-year revenue growth from July 2019 to July 2021. Continued month-over-month growth of the portfolio and increasing demand for high-end and classic vehicles has allowed the company to expand and serve the growing market. A combination of unique loan products, excellent customer satisfaction, and a focus on technology has set the company up for success.

Woodside Credit serves its borrowers and dealers in every state through its nationwide footprint and headquarters in Newport Beach, California. The company has a history of deep relationships with industry leaders in the collectible car space that has been instrumental to its success.

View the full ranking in the September 20th, 2021 edition of the Orange County Business Journal. For more information on Woodside Credit, visit Woodside Credit’s website and stay up to date by following Woodside Credit on Facebook.

View Release on Yahoo Finance

About Woodside Credit

With over $2 billion in loans, Woodside Credit is the leader in classic and collector car financing. Established in 2003, the company’s expertise is rooted in providing loans with flexible terms and the lowest monthly payments in America. Woodside Credit is the exclusively endorsed loan provider for Barrett-Jackson and is dedicated to the success of dealerships, automotive networks, and clients nationwide. With terms up to 15 years and loans up to $800,000, the company achieves an unparalleled level of quality and flexibility for clients through its commonsense lending practices. Visit WoodsideCredit.com for more information.

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As we’ve seen this year, used car prices are at an all-time high, contributing to inflation and higher costs. What does this mean for exotic cars? Almost all are becoming less affordable, but that doesn’t necessarily mean exotic cars are a bad deal. We could even argue that many vehicles are still undervalued. Here are our favorites for the best affordable used exotic cars.

Audi R8 lowest monthly payment

2006 Audi R8

Estimated Monthly Payment: $873.13

The Audi R8 arrived just in time to help the Audi brand expand. It was a runaway success from the get-go for numerous reasons. It was fun to drive but comfortable enough for daily driving. It rode on a Lamborghini platform and had a Lamborghini V10, giving it a real reputation. Above all, it was priced right and had great looks, which made it the perfect halo car for the brand. Today, it is still very much loved and a bit easier to maintain than its Lamborghini counterpart. Prices have shot up but given you can still find a first-generation model under $90,000, it seems to be a steal.

Sale Price example: $90,000. Monthly payment of $873.13 based on a loan amount of $76,895, 15% down, and 6.62% APR financing for 120 months.

 

Porsche 911 Carrera financing

2002 Porsche 911 Carrera

Estimated Monthly Payment: $464.66

Most appreciate the world-renowned driving experience of a Porsche. The 2002 Porsche 911 Carrera was introduced as a far departure from other Porsches—namely the styling, ride, and size. The silver lining was it did many things great, and has earned the nickname of a jack of all trades. These 911s are generally the least expensive ones you can buy (older ones are rarer and thus more expensive, and new ones are even more exclusive and outrageously expensive) A high milage version will set you back around $30,000, and low mileage pristine version will set you back a cool $70,000. These cars do have some mechanical issues like a need to replace the 02 sensors and burning oil seems to be common.

Sale price example: $40,000. Monthly payment of $464.66 based on a loan amount of $34,395, 15% down, and 7.07% APR financing for 96 months.

 

Lotus Evora Financing

2011 Lotus Evora

Estimated Monthly Payment: $487.06

Long underrated, Lotus has been the king of balanced, fun-to-drive, go-kart-like vehicles. Although folding yourself inside is a challenge for those over 6 feet, you’ll be rewarded with a turbocharged Toyota engine. It’s a unique vehicle and a great value, but not always the most comfortable. (Definitely not on the same scale of daily drivability as the Porsche). Regardless, this vehicle more than earns a spot on the list, and with prices around $40,000 (and up to $60,000), it’s one heck of a deal. Quality and upkeep are generally unknown, but it earns major points with a Toyota sourced engine.

Sale Price example: $50,000. Monthly payment of $487.06 based on a loan amount of $42,895, 15% down, and 6.71% APR financing for 120 months.

 

2003 Chevrolet Corvette z06

Estimated Monthly Payment: $292.42

We love a fast ‘Vette. The fifth-generation Corvette (C5) was produced through 2004 and was the last with pop-up headlights. The Z06 is the performance version with an output of 385 horsepower. This car is the quintessential choice for it is fun, fast, and relatively easy to maintain. With prices in the low $20,000s, it’s a great bargain for those who don’t want to spend much on some excessive horsepower. It is a cheaper alternative to euro sportscars that still tend to be pricier.

Sale price example: $25,000. Monthly payment of $292.42 based on a loan amount of $21,645, 15% down, and 7.26% APR financing for 96 months.

 

lamborghini Gallardo financing

2008 Lamborghini Gallardo

Estimated Monthly Payment: $965.80

The show-stopping Gallardo was introduced as a fresh new direction for the Lamborghini brand. With a smaller, lighter design and more modern look than models before, it was a runaway success and became the brand’s bestseller. Launched in ’04, the vehicle has a V10 engine making around 543 horsepower and taking the vehicle to 60 in less than 4 seconds. Prices on this vehicle are a bit higher than most on the list, with most used models in the $100,000-$150,000 range. If the brand name isn’t a big deal for you, the Audi R8 could save you tens of thousands of dollars.

Sale price example: $120,000. Monthly payment of $965.80 based on a loan amount of $96,395, 20% down, and 6.58% APR financing for 144 months.

 

Maserati Gran Turismo finance

2012 Maserati Gran Turismo

Estimated Monthly Payment: $464.66

The gorgeously designed Maserati Gran Turismo was built for epic rides along winding roads. With the sound of a Ferrari V8 and the Italian stitched leather, the vehicle is full of craftsmanship and attention to detail. Although others on the list may have it beat from a performance perspective, it is all-around a great competitor. You can snag a Gran Turismo at a low of $40,000. Some downsides are it guzzles gas and is tough to maintain.

Sale price example: $40,000. Monthly payment of $464.66 based on a loan amount of $34,395, 15% down, and 7.07% APR financing for 96 months.

 

Bentley continental GT financing

2006 Bentley Continental GT

Estimated Monthly Payment: $349.83

This is a big, comfortable two-door coupe with an awesome V12 engine. It was introduced after the brand was acquired by Volkswagen and was one of the first Bentleys to be manufactured in larger volumes. The downside is these vehicles are generally not reliable and deep depreciation has made these vehicles cheap. If you have a trusted mechanic for Bentleys, this model could suit you well. With prices starting at $30,000 to around $50,000 for a well-maintained model, these are truly a steal.

Sale price example: $30,000. Monthly payment of $349.83 based on a loan amount of $25,895, 15% down, and 7.17% APR financing for 96 months.

 

Dodge Viper financing

2000 Dodge Viper RT/10

Estimated Monthly Payment: $535.32

With a reputation for being venomous and dangerous, the Viper is a classic American sports car. There’s been a sudden interest in these vehicles, especially in the more recent versions. Second-generation model prices have also been creeping up but at a more stable pace. With a powerful V10 and a classic 90s design, it’s a great vehicle with above-average reliability. Pricing today is about $50,000 with higher-end models in the $80,000 ballpark.

Sale price example: $55,000. Monthly payment of $535.32 based on a loan amount of $47,145, 15% down, and 6.69% APR financing for 120 months.

 

Ferrari 360 financing

2001 Ferrari 360 Moderna

Estimated Monthly Payment: $873.13

The Ferrari 360 was state-of-the-art when new and featured an all-aluminum frame and a stiffer body. The style differed from other Ferraris at the time with its stationary lights and more flowing design. With 395 horsepower and a mid-engine design, the 360 shoots 0-60 in a brisk 4.5 seconds. The vehicle also comes in a spider (convertible variant) and Challenge Stradale (high performance). Current prices are around $80,000 to $120,000 making it a great deal for a Ferrari vehicle, but still a bit higher than some contenders on this list.

Sales price example: $90,000. Monthly payment of $873.13 based on a loan amount of $76,895, 15% down, and 6.62% APR financing for 120 months.

Ready to learn more about Woodside? Let us help you navigate the exotic or classic car world. As the dedicated loan provider for Barrett-Jackson our knowledge runs deep.

 

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Whether you just found the classic car of your dreams or are laying the foundation to purchase the collector car you’ve been eyeing, do not forget to research financing options. With a variety of different lending products in the marketplace, take your time to determine what option is best for you. Here’s the list of five different types with pros and cons.

Hobby Specific Financing (Classic Car Loans)

This type of financing is purpose-built for antique, classic, or collector cars. Lenders who specialize in these types of vehicles understand them better than a typical bank and therefore can put together a loan with more favorable terms than you would get elsewhere. Monthly payments are frequently low with low-interest rates and generous terms. Loans are secured auto loans and are usually fixed simple interest.

Woodside Credit falls into this category. Woodside is solely focused on classic, collector, and exotic loans. Strength comes from expert knowledge and understanding the true values of the vehicles, allowing for unmatched loan products.

Personal Loans

For lenders without hobby-specific financing, many offer unsecured personal loans in place of classic car loans. Loan amounts vary but are typically capped well below hobby-specific financing. This loan type lacks any sort of collateral and tends to exceed the prime rate. This choice has the upside of being convenient, but be cautious of high-interest rates, short terms, and loan risk.

Home Equity Loans

Low (and sometimes variable) interest rates for mortgages and the tax-deductible nature are why some opt for home equity loans. Disclaimer: Consult your tax advisor to confirm before going this route. There are big risks associated with home equity loans, so ensure you do your due diligence when choosing this route.

Local Banks

Many people have great relationships with their banks and often start there. Local banks tend to not differentiate between a typical used car and a collector car. This can mean a shorter loan term (up to 36 months), high-interest rates, and limitations to the age of the vehicle (most will not finance cars that are more than 10 years old). Additionally, the valuation of the vehicle can prove difficult in these situations as classic car values can be determined differently than used cars.

Leasing

Leasing is attractive for its low monthly payment. As you can see in this comparison though, it does not always achieve that. Some leases are close-ended or open-ended, so ensure the agreement you sign makes sense for the duration of the lease and what you want to do afterward. Additionally, be cautious about balloon loans, which could lead to a large payment in the end. Keep in mind you do not own the car in a lease.

Ready to learn more about Woodside? Let us help you navigate the classic car world. As the dedicated loan provider for Barrett-Jackson, our classic car knowledge runs deep.

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