Financing

[cobrakalas427]

Originally Posted by Al G

Does anyone know of a company or bank that will finance a build and not just a complete car? With the current market situation and relatively low interest rates financing make more sense to me than pulling money out of investments. I know I could just buy a finished car but after looking for a while I've decided I can get a car built exactly as I want it for no more than I'd pay for a finished car that doesn't quite suit me.

I'm thinking that a "conventional" auto loan is probably not going to be available to you if you decide to do the build based on the car not yet being a "registered vehicle". What state are you planning on registering the car in? Have you talked to the DMV yet?

[Al G]

I live in Virginia and they are pretty liberal with titling. My first choice is a CSX which Virginia will title as a 1965 Shelby.

I haven't bothered with conventional banks for the reason you stated. I've talked with a few classic/collector car financing companies and they won't touch a build.

[dcdoug]

Originally Posted by Al G

I live in Virginia and they are pretty liberal with titling. My first choice is a CSX which Virginia will title as a 1965 Shelby.

I haven't bothered with conventional banks for the reason you stated. I've talked with a few classic/collector car financing companies and they won't touch a build.

Where in VA? You should come out and meet the folks from the Capital Area Cobra Club (CACC). Lots of different models of cars titled as '65 Cobras there - CSX, Kirkham, ERA, FFR, Superformance, Backdraft, etc.