Borrowing Money Using Your Luxury Car As Collateral

Many borrowers who contact us are under the impression that they can only receive a loan on a brand new car, but that is not the case.  If you own a classic Ford, Pontiac Chevrolet, Mercedes, or Italian Sports car and you found yourself needing a loan for your business, yourself, or your family, Luxury Asset Pro can help you when you need a quick and discrete loan now.

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In many situations you may not be able to get the money from a traditional lender like a bank.   They have a long approval process and more stringent qualification requirements than many people can afford.  Luxury Asset Pro has been helping clients obtain asset based lending for a while now.  Our customers come from all walks of life and in all financial situations.  We don’t do credit checks so we deal with people who may have various credit situations, or constantly changing income due to self-employment. Luxury Asset Pro is able to approve customers with their loan amounts very quickly. In fact we don’t know what credit situation our clients have, since it is not a requirement for obtaining the loan. 

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As long as you can show legal ownership of the vehicle and identification we can approve you for a loan on your Classic or Luxury car.  Luxury Asset Pro has funds clients with many diverse circumstances in the past and we may be able to help you too.

Luxury Asset Pro can make loans on new or old luxury cars and our goal is to get clients out of a tough financial situation.  With your auto, you can use this treasured asset to do so.  

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We understand that your car is your baby.  You may have dreamed of this car since childhood and so we will keep it in a professional and secured storage facility.  Owners of vintage or classic cars would never consider selling the car that they care so much for, but in times of great need anyone’s mind can wonder to consider the most drastic measures to fix their situation.  We want you to keep your vehicle and will provide you with the best loan terms we can offer.  There is no need to lose your beloved vintage car to a title pawn service with outrageous rates.

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Getting a loan from Luxury Asset Pro on your classic car may be the best option if you are looking to borrow a higher amount, classic cars are often worth more than your everyday vehicle. If you own more than one car, you can even apply with all of them to find out which one might be able to qualify for the highest amount of money for your loan, or simply use all of them as collateral, depending on your situation and urgent capital needs.

We have make loans on various cars such as classic Cadillacs, Buicks, Mercedes, Jaguars, Corvettes, Ferraris, and more.

We use the equity in your classical and luxury automobile as collateral against the amount being loaned. As long as your automobile has value, it doesn’t matter what type it is.  That includes any luxury or classic car.  Classic cars can hold and even gain value which makes them prime options for loans.  The rates we will charge are much lower than that of a title loan company that is in the business of short term loans and eventually they get your car.

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We want you to keep your car, so we loan you money for six months to several years if needed which is a much better solution for many classic car owners because it means they don’t have to sell their prized asset when they need money.  You get your classic car back that you have invested so much in over the years, but still receive assistance during your time of need.  If you have unexpected bills or a financial emergency to deal with, before you put your car up for sale, talk to Luxury Asset Pro first to get the money you need. 

The process is very simple you just begin by applying and Luxury Asset Pro professionals will walk you step by step through the entire process.  Your vehicle will be babied while it is in the storage facility and in most cases you will have access to it (for example to be viewed for a sale to pay the loan) but cannot take it out of the facility.  

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Once you have your loan and are ready to pay it back, you can either make payments as scheduled or are welcome to pay back what you owe early.  This means that you can pay back the loan much earlier than planned, and save substantial amounts of money by avoiding any additional interest.  Or you can set up a line of credit on the vehicle, so that you only borrow what you need at a specific time.

Luxury Asset Pro is committed to making sure that all of our customers are properly informed so as to make the best decision possible.

To get started click HERE