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Need some quick answers on collector car loans? You found an excellent place to start. Give us a call at 800-717-5180 to answer questions beyond.

Exotic and Classic Car Finance FAQs

About Woodside Credit

Woodside Credit is the leading lender focused on collector autos. From classic to pre-war, muscle to exotic, and antique to pony, Woodside Credit’s lending program is built with the enthusiast in mind. With over $3 billion in loans, 30,000+ satisfied customers, and 20 years in business, the company’s expertise is rooted in providing loans with the lowest payments in America.

No, Woodside Credit is a lender. Woodside Credit underwrites, approves, and funds loans with its capital. Credit bureaus are pulled once—not multiple times. Borrowers have a dedicated loan specialist backed by a support team during the process. 

Yes. For over a decade, Barrett-Jackson, has exclusively endorsed Woodside Credit. Woodside Credit is the only lender at Barrett- Jackson’s Scottsdale and Palm Beach auctions. Woodside Credit is the number one way to get onto the bidding block, and pre-approvals are recommended prior to the auction.

Classic Car Finance

Woodside Credit’s classic car loans allow you to pay off your loan anytime without prepayment penalties.

Yes, many banks and financial institutions finance classic cars, although the terms, mileage restrictions, year restrictions, and availability may vary. Woodside Credit is purpose-built for enthusiasts and collectors, specializing in classic car loans, allowing us to provide more expertise and a seamless experience.

Classic car financing can work similarly to daily driver auto loans. You can choose to apply at a dealership or directly with Woodside. Pre-approvals are also available and last for 30 days, allowing you to shop before committing to a vehicle. Loan docs are completed via e-sign, and funding happens as soon as the same day.

Yes, it is possible to refinance a classic car to potentially lower your interest rate or monthly payments. Keep in mind that Woodside Credit offers refinancing for vehicles that were purchased within the last 6 months.

Yes, you can get a classic car loan. Woodside Credit specializes in classic car loans and collector car loans. Our focus provides a seamless financing experience for our clients.

Woodside Credit will finance a classic car for up to 15 years (180 months). The term is based on the vehicle’s selling price. The collectible nature of classic and exotic vehicles is one of the ways that helps us deliver the lowest payments in America.

Yes. Woodside Credit specializes in classic car loans and collector car loans. Our focus provides a seamless financing experience for our clients. We make financing a classic car easy.

Paying off before maturity is okay. Woodside Credit’s classic car loan program does not have prepayment penalties. 

Woodside Credit’s loan program focuses on providing low payments. Keeping rates competitive is one of the items that help us achieve the lowest payments in America. To see if a classic car loan is more expensive for you, start by researching loan programs.

Financing a classic car at Woodside Credit starts with a quick quote. A quick quote is no obligation and credit is not guaranteed. This allows buyers to estimate their payment.

Classic car loans can work similarly to daily driver auto loans. You can choose to apply at a dealership or directly with Woodside. Pre-approvals are also available and last for 30 days, allowing you to shop before committing to a vehicle.

Lending Program

A Quick Quote will estimate Woodside Credit’s low monthly payment based on a vehicle’s purchase price. Credit is not reviewed, and no credit check is required (approval is not guaranteed). Apply Now will start a credit application with our underwriting department, and upon approval locks in your low monthly payment for up to 30 days.

Eligible vehicles include classic cars at least 25 years old and most late model exotics cars. We also finance specialty and collector vehicles such as Cobra Replicas, Dodge Vipers, Chevrolet Corvettes, and Porsche 911s. Contact us for more information on vehicles we finance, or view the vehicles financed page

A combination of the lowest payments in America and flexibility to pay off the loan on your schedule (without prepayment penalties) means interest costs can be less than you expect. Loans are fully amortizing and simple interest to provide the best of both worlds–competitive rates with the flexibility to use your cash for other financial goals.

Yes. Woodside Credit will refinance an existing car loan or a cash purchase that has been made within the last 6 months.

Best rates are available for borrowers with a credit score of 700+.  Review our lending guidelines video for further details. Woodside Credit looks for a good credit history, established credit history, and comparable credit. 

Sometimes vehicle verifications or appraisals are required for our underwriting purposes, most commonly for private party automobile purchases. Woodside Credit takes a high-tech approach for quick processing, including virtual inspections via a phone app. Your dedicated loan officer will guide you through specific needs based on where the purchase takes place and the value of the vehicle.

Yes. Woodside Credit does offer lease buyouts, especially common for those with exotic vehicles. Call or contact us to lean more from our lending professionals.

No. Woodside Credit is a nationwide auto lender with relationships with thousands of dealerships, Barrett-Jackson Auctions, and private parties. Ask your dealer if Woodside is an option when financing your next exotic or collector car. Pre-approvals can be obtained for all future purchases, regardless of where you buy.

Yes. Vehicles must be in operational order. 

Woodside Credit is only available in the U.S. 

The Woodside loan program offers terms of up to 180 months for vehicles with a selling price of over $200,000. 

The Woodside loan program is based on the purchase price of a vehicle. The minimum purchase price is $20,000, and the minimum loan amount is $10,000. 

Woodside Credit considers vehicles 25 years or older as a classic car. 

Exotic Car Finance FAQs

You can finance an exotic car with Woodside Credit for up to 15 years for vehicles with a selling price of $200,000 or more.

Check out Woodside Credit’s exotic car financing calculator, with terms of 144 months and up to 180 months.

Woodside Credit is the go-to loan provider for exotic car financing. With 20 years of experience and over $3 billion in loans, Woodside Credit is trusted by tens of thousands of enthusiasts and collectors nationwide.

Financing an exotic car at Woodside Credit starts with a quick quote. A quick quote is no obligation and credit is not guaranteed. This allows clients to estimate their payment.

Woodside Credit focuses on providing clients with the lowest payments in America. Contact us to get the latest exotic car loan rates.

Exotic car financing is available for 144 months and up to 180 months with Woodside Credit.

Real reviews and client testimonials of exotic car financing with Woodside Credit are available at u/WoodsideCreddit.

Woodside Credit is the go-to exotic car financing provider. With 20 years of experience and over $3 billion in loans, Woodside Credit is trusted by tens of thousands of enthusiasts and collectors nationwide.

Closing Your Loan

Instructions for sending payments are provided when the loan is closed.

Yes. Additional payments can be made on your loan. Anything over the minimum payment is applied directly to the principle.

Yes. Borrowers receive autopay (ACH) instructions after loan documents are completed. 

Yes. Borrowers are required to register and title the car once it is purchased. Title and registration fees are typically built into the loan. The title department at Woodside Credit coordinates with all state DMVs to complete title work—even if the vehicle is purchased out of state. 

Barrett-Jackson

Bidding with Woodside Credit starts with a pre-approval, which can be obtained over the phone, on our online application, or at the auction. You will select the amount you would like to be pre-approved to and Woodside will send a copy of your pre-approval directly to Barrett-Jackson. The final vehicle purchase should fall within the pre-approval amount.

Your letter of credit approval will be sent directly to Barrett-Jackson. The copy you receive is for your personal records.

No, absentee and online bidding is available, and you can bid with your pre-approval from Woodside Credit.

Woodside Credit is located near or at the Bidder’s office at all Barrett-Jackson auctions. Bidders can complete paperwork at the Woodside booth, or online through eSign.

Yes, a pre-approval is required every time in addition to bidder registration with Barrett-Jackson.

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