Looking to finance your next classic car, and buy at auction? Historics has partnered with Classic & Sports Finance to make things easier than ever
Historics at Brooklands is offering a service that could transform the classic buyers’ market. The auction house has become the first to provide a structured finance offering for its clients.
This move makes Historics the first specialist classic car auction house to hold its own limited permission to offer consumer credit, which is authorised and regulated by the Financial Conduct Authority.
The Brooklands-based auction house will do this in partnership with Classic & Sports Finance, the UK’s leading specialist provider of finance for classic sports and race cars. Financial arrangements can be made in advance of an auction and bid in the knowledge that a plan is in place.
Historics has even provided a web-based financial calculator, which is embedded with every auction consignment listing on the Historics website. This interactive calculator enables interested buyers to configure their ideal package, with direct discussion with Classic & Sports Finance as required.
Staff from from Classic & Sports Finance will be in attendance at Historics’ auction previews and sale days to help potential buyers with further expert advice.
Historics’ Auction Director, Edward Bridger-Stille, said: ‘After an extremely buoyant year, we are delighted to start 2017 by further broadening our service to our clients through this financial offering in partnership with the much-respected Classic & Sports Finance.
‘Breaking new ground by becoming the first specialist auction house in our sector to hold its own FCA limited permission is a good indication of our forward-thinking philosophy, in the interests of our clients.’
Rob Johnson, Managing Director of Classic & Sports Finance, said: ‘The demand for finance has grown in tandem with the buoyancy of the classic car market, and we are thrilled to be working closely with a classic car auction specialist as well-respected as Historics at Brooklands.’
Historics’ finance offer is applicable to all consignments (excluding those offered at no reserve) at its next major sale, at Brooklands Museum on Saturday, March 4th.