Collateral Asset Management Services
Much like prized artwork, collector cars are now being recognized among financial institutions as valuable assets that
can serve as collateral for loans. Classics are often much more liquid than art, however, with a vibrant and steady
marketplace comprising auctions and private sales.
When backed by an established, systematic valuation process, a vehicle-secured loan can be a prudent option for select
clients with high-end classic vehicle collections. And that’s where Hagerty can help. Hagerty Financial Services offers a turn-key solution for financial institutions interested in providing collector vehicle-backed loans to their clients. We provide proven valuation services to determine whether a vehicle or collection is suitable for a loan.
- A detailed collateral analysis that includes
- Risk Evaluation
- Comprehensive collector vehicle market analysis and rating
- Sales channel overview and loan-to-value recommendations
- Ongoing asset and market monitoring
We provide all the tools and data you need to communicate effectively with your private wealth clients about the advantages
of collateralized loans for their vehicles. And, if you are interested in identifying new clients with these types
of assets, we can assist you with a detailed marketing and sales strategy, allowing you and your clients to benefit
from this opportunity early in its onset.
Hagerty is uniquely qualified to direct and support all of your classic vehicle-related collateral asset management needs.
Contact us today at email@example.com to learn more.
Financial Services for Classic Vehicle Owners
Personal Loans Against Your Classic Car Collection
We can connect you with financial institutions offering loan options with your vehicles as collateral. (Typically available
for collections of $1m or more.) Banks are now treating collector cars similarly to fine art, allowing you to borrow
against the appraised value while you maintain possession of the vehicle(s). Contact us at firstname.lastname@example.org for additional information.
Vehicle Financing Services
If you’re in the market for a collector vehicle purchase, visit our classic car financing page for information on classic vehicle financing options.