Hemmings has launched a new financing program specifically for classic and collector vehicles. The service allows buyers to obtain pre-approvals, view estimated monthly payments directly on listing pages, and apply for loans through the company's platform.
The program is integrated into the Hemmings website, appearing on both auction and classified listings. Users can click a 'Finance This Vehicle' link to initiate the process. The company provides support to both buyers and sellers to finalize transactions after an auction or offer is accepted.
The financing service is not restricted to vehicles listed on the Hemmings platform. Buyers can secure pre-approval for purchases from private sellers or other marketplaces. According to company president Jonathan Shaw, the initiative aims to increase accessibility to collector car ownership.
