Sunday, September 7, 2014

Think you can't own a Classic Car? THINK AGAIN!!

Once upon a time, Classic Cars were only a Rich Guy's game.  That has drastically changed, my friend.  There are ways the Classic Car of Your Dreams can be financed...and quite affordably I may add!  I don't profess to be a wizard at this, but I do have my ways of getting just about anyone into the seat of their dream car...
1969 Black Corvette Coupe

Classic cars are not only a great ride, but also a great INVESTMENT.  They just don't depreciate like the average car you buy off a lot - new or used.  Classic cars only go one way - UP IN VALUE!  Hence why the Rich have invested the time and money into buying them.  Especially in a shaky economy, they continue to be a great investment.  You can't always trust your bank...but you can definitely trust your Classic to safeguard your investment!
1962 Silver Corvette Convertible

Classic cars have outperformed collectibles such as gold, wine, art, stamps and coins over the last 10 years. In fact, more investors turned to cars after the global stock selloff in 2008. According to David Gooding, president and founder of auction house Gooding & Co. , “Automobiles are recognized as an art form. People are realizing they are exciting to collect. You can drive them and take them around the world. A car can be a passport to adventure.”
1959 Red Corvette Convertible

There are finance companies available for various credit profiles.  If you have great credit, you get the best deal.  Ideally, you would provide a normal size deposit...like 20% of the ticket price on the car, and you can have your classic car financed for the next 5 to as long as 10 years!  I've had some of my buyers pay as low as under $200.00 a month for their baby!  To get this kind of financing, your credit rate should be between 680 and up.  If you have a credit rating of 600 and up, you can get financing for 2 to 3 years. 
1963 White Corvette Convertible

In some cases, I can negotiate for your car to be on a sort of lay-a-way plan.  In other words, if you pay for your car in 6 months or less, you can forgo the interest and make straight payments towards your car.  However, under these circumstances, you would not be able to take possession of your classic car until you've paid it off completely.  Moreover, the owner has to accept these terms.

Where there's a will, there's a way.  I've  made quite a few buyers' dreams come true.  Owning a Classic Car can be a reality....

Ray H.  

Friday, September 5, 2014

Summer Days...Those Summer Days...

Those old corvettes are eternal.  Their lines are classic.  Anybody who's owned one will gladly tell you how glorious it is to cruise with the top down on a spectacular Summer/s day in that baby!  I was lucky enough to do just that in a spectacular beauty!
This white 1954 Corvette Convertible had my heart!  It drove smooth...like new.  It could absolutely be a daily cruiser!


Now some of us really know our stuff, and others "not so much".  For those of you that aren't familiar with the term "C1" when it comes to Chevrolet Corvettes, The C1 was the first generation of the corvette.  It was introduced in late 1953 and continued in production until 1962.  It was well known for having a "solid axle"/  Independent suspensions didn't appear until the 1963 Sting Ray.  The Corvette was actually created as a "concept vehicle" - a vehicle of the future because it's lines were so different from the current models in use during that time. 


 After the car's debut in New York, Chevrolet had struggled to complete 300 largely hand-built '53 Corvettes in a temporary production facility in Flint, Michigan. By December 1953, a newly renovated assembly plant in St. Louis was ready. By June of 1954, the St. Louis factory was turning out 50 Corvettes a day.

Taking all that into account, I gotta say, I'm enjoying the last rays of summer driving this beauty around...:)

Ray H.