Cars that fall into classic car criteria are usually defined as 25-30 years and older from the current date in age, including, but not limited to, Chevrolet, Ford, Dodge, Studebaker and many many more. Each finance company varies in rules and allows exceptions, but it is always good to check with the company you have chosen to see if the car qualifies. Finance companies will not provide financing for restorations and there is usually a minimum loan amount regarding classic cars Most finance companies require the car to be drivable, with only minor imperfections and will perform a vehicle check prior to loaning money on the classic car.

Cars that fall into exotic criteria are, but not limited to, Ferrari, Lamborghini, Aston Martin, Bentley, Maybach, Rolls Royce, Maserati and so on. Cars such as mass produced BMW, Mercedes and Porsche do not qualify for most exotic car financing programs. However, exotic and classic car finance companies will make exceptions for limited production cars including, but not limited to, the Mercedes McClaren, Porsche GT, Ford GT, Dodge Viper and Corvette ZO6. The latter two, the Dodge Viper and Corvette ZO6, are sometimes viewed as exotics, but classic car enthusiasts will argue they fall into the potential classic car genre. Ask the lender and they will give you their specific  exotic car financing guidelines. Please note that each financing company varies in terms of policy and it is always a good idea to call the company and ask if the car you are looking to purchase qualifies. Also, financing companies do not provide bridge financing for classics and will not knowingly write a loan if sole purpose of the prospective buyer is to sell the car right after buying it.