Does anyone know any finance companies I can get a loan from for an import car which is more than 15 years old?

I've tried the regular ones like RAC and they only do cars less than 15 years and some of them don't want to hear about the car if it is an import.

Any help appreciated.

Thanks!

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You will have to get a unsecured loan from a bank which will have a higher rate than most car(secured) loans.

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Most finance companies won't touch older cars as the resale value is seldom guaranteed.

As mentioned above you are best off getting an unsecured personal loan, which may have a 3-4%pa higher interest rate than a secured loan.

People take these loans out all the time to pay for shares, holidays, old cars, home renovations etc.

Shop around and interest rates are very competitive at the moment.

I've looked at some credit societies that are offering quite significantly lower interest rates, ie 10% or so compared to the usual 14% to 16%...however I don't think I have many options :P

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10% is at the moment a rate id expect for a secured loan.

Import cars seem to be especially avoided by finance companies....previous when I spoke to one company which claimed to say yes more than others....once they heard it was a jap import it was like sorry, goodbye...

they said that import cars are usually worth half or less of what the dealer/seller is trying to sell the car for...not sure how true is that...

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In today's market that is true of every car

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