Obtaining a loan for an antique car may present certain challenges compared to financing a newer vehicle due to factors such as the vehicle's age, condition, and market value. Some lenders may have specific eligibility criteria and appraisal requirements for antique cars, which can vary depending on the lender and the vintage vehicle in question.
While it may require more effort to secure financing for an antique car, especially for vehicles with unique or limited production histories, borrowers with strong creditworthiness, sufficient collateral, and a well-researched financing plan can increase their chances of loan approval.