Hey everyone.
First off - if this isn't in the right spot please feel free to move it or delete whatever you wish.
As many of you know, financing these cars is absolutely a huge PITA. If you are able to get financing it usually comes at an extreme interest rate.
Long story short is this - I financed my car very recently, @ 12.49% *OUCH* I did some researching and reached out to Steve Haas who is the Director at Hagerty (collector car stuff if you haven't heard of them) and he informed me of a company called Lightstream.
Well let's just say I am now RE-financed with the same terms as my initial loan, at 4.69%! On top of that the loan is considered unsecured, meaning no lienholder.
I was skeptical at first, but I read through the "fine print" and it appears there are no catches beyond the normal loan processes. I will say for doing this, you need to have good credit - the better score, better the rate.
I'll for sure keep you all posted if I end up in some pyramid scam or something lol.
First off - if this isn't in the right spot please feel free to move it or delete whatever you wish.
As many of you know, financing these cars is absolutely a huge PITA. If you are able to get financing it usually comes at an extreme interest rate.
Long story short is this - I financed my car very recently, @ 12.49% *OUCH* I did some researching and reached out to Steve Haas who is the Director at Hagerty (collector car stuff if you haven't heard of them) and he informed me of a company called Lightstream.
Well let's just say I am now RE-financed with the same terms as my initial loan, at 4.69%! On top of that the loan is considered unsecured, meaning no lienholder.
I was skeptical at first, but I read through the "fine print" and it appears there are no catches beyond the normal loan processes. I will say for doing this, you need to have good credit - the better score, better the rate.
I'll for sure keep you all posted if I end up in some pyramid scam or something lol.