Choice Motor Credit was established to provide specialized loan programs for the purchase and equity financing of specialty automobiles. As avid car enthusiasts and owners of world class car collections, the founders of the company realized that there was a definite need in today's market for specialty auto loan programs.
We customize our loans to meet each borrower's specific needs. The type of loan, rates, payment schedule and term are all personalized for each borrower. We designed a number of loan programs to accommodate the car enthusiasts that has less than desirable credit and that cannot qualify for conventional financing.
We customize our loans to meet each borrower's specific needs. The type of loan, rates, payment schedule and term are all personalized for each borrower. We designed a number of loan programs to accommodate the car enthusiasts that has less than desirable credit and that cannot qualify for conventional financing.
Services
Loan Program: Our Purchase Finance Loan Program provides the borrower money for the purchase of a used specialty vehicle from a car dealer or private party. Loan Amounts: The amount loaned will vary by vehicle. Several variables will be used to determine the loan amount including the current market value, the condition and specifics about the vehicle and the borrower's needs.
Loan Program: Our Restoration Equity Title Loan Program provides the borrower money for the completion of the restoration or customizing of their vehicle. The borrower maintains possession of their vehicle in this Program. Loan Amounts: The amount loaned will vary by vehicle.
In addition to the borrower's needs, several other variables will be used to determine the loan amount including the vehicle's 1) current market value in as-is condition, 2) market value fully restored or customized, and 3) estimated cost of completion.Loan Terms and Payment: The loan term may be as short as 30 days or up to 36 months depending upon the specific needs of the borrower.
In addition to the borrower's needs, several other variables will be used to determine the loan amount including the vehicle's 1) current market value in as-is condition, 2) market value fully restored or customized, and 3) estimated cost of completion.Loan Terms and Payment: The loan term may be as short as 30 days or up to 36 months depending upon the specific needs of the borrower.
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