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-   -   How to Finance a Kit Car??? (https://www.racingjunk.com/forums/showthread.php?t=24485)

Scooterz 06-04-2009 03:29 PM

How to Finance a Kit Car???
 
I have a buddy I work with that went to a car show last weekend & decided he wants a kit Cobra (65-67 turn key). He has excellent credit (like 800!!) good money down, but does not want to blow a bunch of savings to buy a toy.... like many of us right now. He is not mechanicly inclined, so he wants a tame driver Cobra w/a small block not too built.

Here are the questions:
1. Is there a place that will finance a kit car??
2. Will they do terms such as 84/120 (w/good down pmt) like on boats/RV's??
3. Anyone know of the interest rates??

I told him I would ask you guys. We checked with "Haggerty" which would do some creative financing & insurance, but not on a kit. Ideas??? Thanks!! Scooter

dragonmaster093 06-04-2009 07:49 PM

street beast does and i think factory 5 does

Scooterz 06-05-2009 09:40 AM

Thank you Sam. He has been checking w/ a few local credit unions here & getting some luck w/ them too.... we shall see...

dragonmaster093 06-07-2009 04:58 AM

ok glad to help and good luck


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