Motorcars Financial is a professional finance brokerage consulting firm. Traditionally, finance brokers add points to the lenders buy rate and compound their commission over the term of the loan while MCF simply charges the client a moderate loan fee. By collecting a loan fee we do not inflate the buy rate by 3 to 6 points. This enables us to lower the client's overall cost of financing.
Not adding these finance percentage points to your loan can save you several $1000's of dollars over the finance term.
Once approved, in order to secure your letter of credit, we collect an approved loan fee. The letter of credit can be used to buy basically any car of your choice. Once we have your approved letter of credit on hand, we are able to complete your purchase from an individual, a dealer, or an auction such as eBay®. Under most circumstances, once the lender receives your signed loan documents, your car financing will fund within 2 business days.
Your team members at Motorcars Financial are a rare find, we share many combined years of automobile finance knowledge. If you are just beginning to build your automotive portfolio and in search for your first specialty car, already an established classic car collector, or need business car leases for your corporate executive fleet we have a personalized vehicle arrangement to fit your automotive needs. See FAQ
Motorcars Financial proudly serves the continental United States and Hawaii
Letter of Credit Pre-Purchase Approval Program
When purchasing specialty vehicles there are many different tasks we must complete along the way that may seem tedious compared to a normal or typical vehicle loan process. These abnormal tasks are very important and are needed to protect you and the lender from fraud and other serious matters that could and can come up along the way. For various reasons this can take time and can slow down the purchasing process. This product enables the loan processor to get all preliminary verifications and personal documents needed up front and out of the way to help speed the transaction up considerably; such as proof of income and pre-purchase inspections, etc.
This product is a pre-purchased approved letter of credit for specialty cars. If that particular car you are looking to buy does not work out, lucky for you they made more than one or as a kid you had more than one favorite Match Box car you carried in your Hot Wheels lunch box. Just find another car you’re APPROVED! See FAQ
Specialty car loans from $10,000 to $1M+
Whether you want to add to your collection or add to the value of an existing classic, with all of our auto finance options we have to offer, there are many flexible programs to choose from. With simple interest extended loan terms up to 12 years to make your monthly payment as low as possible. In most situations your payments can even be much lower than a lease. All with no prepay penalties, no costly residual value and or end of lease disposal fees. Allowing the purchaser the ability, to trade more often with less expense and hassle.
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Why you should apply through us first
In most occasions, with your good credit we can have you qualified for the car you want within about 24 hours. We have an ongoing, daily personal relationship with credit buyers of several lending institutions across the nation; including the very few collector car banks available to the general public whom can only offer you one single program. Motorcars Financial can offer you these same programs along with many other programs from commercial banks, credit unions and private party lenders too.
These professional banking relationships enables us to overcome many loan process challenges the under qualified order takers of today's banking institutions, just don't have the authority to perform. For example; Lower down payment or 100% financing. Including, but not limited to state sales tax, transport delivery, warranties, administration, **loan origination fee, and documentation fee reimbursement. ***
Now if you apply with one of our competing lending institutions first, short cutting the professional loan broker and get a loan decision from the bank you are not satisfied with, then come to us searching for a better deal......Well you just might have shot yourself in the foot so to speak. It is a possibility we may not be able to overcome the prior credit decision.
The professional finance broker also provides a more secured payment process once you have decided on the perfect vehicle other than the traditional ways, such as cash or wire transfer where there is minimal paper trail. See FAQ |
Our Goal
Is to work closely with you and the seller, so we can provide you with the most trouble free experience while helping you acquire a new or pre-owned luxury vehicle. So relax, drop us your information first, concerning your automotive wants and needs and we'll do the rest. Contact Us
Auto Refinancing
We can re-finance your existing collector car loan or lease, a purchase made with a home equity loan or unsecured line of credit, like a credit card purchase. Even a vehicle acquired at a public collectible auction or an online auction such as eBay. Or, as another option, you may want to cash-out of a collector car you own outright. This vehicle has considerable equity that we will lend on. We can finance a percentage of the value of your vehicle so you can make low monthly payments, freeing up cash you may need to use elsewhere. Please refer to the FAQ page. See FAQ
New Luxury Car Leasing
Is also a viable finance method we have over 30 years of experience in. Read more...
Did you know? ....
Low mileage pre-owned luxury cars are ideal candidates for used car leasing and are a viable option for today's budgets and tax benefits. Be sure to ask us about our used car lease programs and options to best fit your motoring needs.
Motorcars Financial is an internet highline automobile company located in Dallas TX, we specialize in collector car finance, ultra luxury car leases, re-financing and financing of hot rods, classics, muscle cars and antique cars. From vintage sports cars to exotic super cars. We have an intimate knowledge of these specialized types of loans, leases and vehicles. We can also help you with your commercial equipment finance needs, from Cranes to Planes or Corporate Executive and Company Vehicle Fleets.
