Vehicles aren't depreciating assets
Most acquisitions appreciate over time — some significantly. Standard auto loans assume depreciation. Specialty lenders understand collector vehicles + price accordingly.
FINANCING + LEASING · 4 LENDER PARTNERS30% DOWN MIN · 7 — 15 YR TERMS~45% TRANSACTIONS CASH · NO PRESSURE
Specialty
+ collector financing.
Most acquisitions over $300K include some structured financing. We work with three collector-specific lenders plus hybrid bank + private financing for ultra-high-net- worth clients. Confidential · sophisticated · structured for sophisticated buyers + estates.
PROVENANCE FILELOT WHY SPECIALTYWHY SPECIALTY · STANDARD AUTO LOANS DON'T FIT
Why specialty.
Six reasons.
Standard auto financing assumes depreciation, daily use, 0 — 10% down, and 60 — 84 month terms. Collector-vehicle ownership reality requires longer terms, conservative LTV, storage-tolerant collateral structures, and privacy. Different product entirely.
LTV requirements differ
Standard auto loans go up to 100% of book. Specialty lenders go up to 70% of independently-appraised value · more conservative, reflecting collector-market liquidity.
Longer-term loans available
Standard 60 — 84 mo. Specialty 84 — 180 mo (7 — 15 yr). Some lenders offer interest-only or balloon-payment structures for collectors.
Vehicle is collateral · not driven
Specialty lenders accept that vehicles may be in long-term storage, only used for concours + tours. Standard lenders sometimes require regular use.
Estate + tax-favored structures
Specialty lenders work with estate attorneys + financial advisors on tax-efficient ownership. Important for high-value collections + multi-generational planning.
Privacy + confidentiality
Specialty lenders handle confidential transactions discreetly. Standard banks may not. For high-net-worth clients, this is non-negotiable.
PROVENANCE FILELOT LENDERSLENDERS · 4 PARTNERS · WE COORDINATE
Four lenders.
One conversation.
We coordinate the right lender for each transaction · introduce you only to those who fit · stay aligned during underwriting. Spring 2026 rates: 7.5 — 9.5% for established collectors with strong credit + collateral. 30% down minimum.
LEN-01
Premier Financial Services · Garrison.
Largest US specialty lender
Loans $50K — $10M+. Up to 12-yr terms. Interest-only available. Premier-quality borrowers (>$2M net worth typical). Most flexible terms.
LEN-02
Woodside Credit.
Boutique · faster underwriting
Loans $50K — $3M. Up to 10-yr terms. Excellent for early-career collectors or first acquisitions. 3 — 7 business day underwriting.
LEN-03
JBB Capital · auction-house affiliated.
Pre-approved bidding lines
Loans $100K — $5M. Auction-financing strength. Useful for buyers active at Pebble Beach + Amelia + RM Sotheby's.
LEN-04
Hybrid bank + private financing.
Ultra-high-net-worth · custom-structured
JPMorgan · Goldman · BNY Mellon combined with vehicle-specific structuring. We coordinate. Confidential, often custom.
PROVENANCE FILELOT PROCESSFINANCING PROCESS · 4 STEPS · 4 — 8 WK
Pre-qualification
to closing.
Soft credit pull at pre-qual, hard pull at final approval. Independent appraisal establishes the LTV basis. Closing happens once funds are wired into escrow and title is in place — 4 to 8 weeks typical.
- 01WK 0
Pre-qualification · 1 — 3 days
Submit financial profile + acquisition target. Specialty lender reviews + provides pre-qualification range. Soft credit check; no impact on score.
- 02WK 1 — 2
Vehicle appraisal
Independent appraisal by specialty appraiser. Establishes loan-to-value basis. Typically 70 — 75% LTV on appraised value.
- 03WK 2 — 4
Underwriting + final approval
Lender reviews finances + appraisal + structures loan. Hard credit pull during final approval. Loan documents drafted + reviewed.
- 04WK 4 — 8
Closing + delivery
Loan funded into escrow. Vehicle title transferred. Vehicle delivered. Most transactions complete in 4 — 8 weeks from pre-qualification.
PROVENANCE FILELOT LEASINGLEASING · 4 OPTIONS · WHEN IT FITS
Leasing
where it fits.
Lease wins if vehicle won't appreciate, you swap every 2 — 3 years, or business-use tax structure applies. Purchase wins if it'll appreciate or you'll keep 5+ years. We'll model both ways during your conversation.
Operating lease · non-acquisition
Pay monthly to use a vehicle for 12 — 36 mo. No equity built. End of term: return. Useful for long-term test driving before acquisition; tax-favored business use.
Capital lease · path to acquisition
Rent-to-own. Monthly payments build equity + apply toward eventual purchase. End of term: take ownership at agreed residual.
Finance lease · tax-structured
For collectors using vehicles for business (sponsorship-generating concours, vintage racing teams, automotive media). Tax-deductible structuring. Consult CPA.
Lease takeover services
Some clients exit leases mid-term. We help find buyers for active leases. 3 — 5% transaction fee. Win-win.
PROVENANCE FILELOT OWNERSHIPOWNERSHIP STRUCTURES · 6 ARRANGEMENTS
How
you hold it.
Personal · LLC · family trust · operating company · international. Each carries different liability, estate-transfer, tax, and privacy implications. We coordinate with your estate attorney + CPA; we don't replace them.
Personal ownership
Simplest. Vehicle in your name. Standard insurance. Personal tax basis. Most common for small collections (1 — 3 vehicles).
LLC ownership
Vehicle owned by personal LLC. Liability separation, simpler estate transfer, business-use deduction (where applicable). Common for collectors with 3+ vehicles.
Family trust ownership
For estate planning. Vehicle held in revocable or irrevocable trust. Avoids probate, structures multi-generational transfer. Consult your estate attorney.
Operating company structure
For collectors with related-business activity (events, media, racing). Aggressive structures attract IRS scrutiny — we err honest.
Insurance considerations
Personal-use only or agreed-value commercial use · concours-only vs. tour-driven. Hagerty · Chubb Masterpiece · Heacock are our specialty insurers.
International ownership
Home country vs. import to US vs. international company structure. Tax implications vary by country. We refer to international tax advisors.
PROVENANCE FILELOT FINANCINGDISCUSS · CONFIDENTIAL · NO OBLIGATION
