back to articles | December 31, 2018 | Dale Peterson

Categories: Auto Loans & Financing Types of Car Loans

Muscle Car Loans


Muscle Car Loans at myAutoloan.com

If your ideal car is powered by a large V-8 engine with lots of horsepower, with rear-wheel drive, in a small to medium-size vehicle with an affordable price, then you'll need a muscle car loan.

Unlike the muscle cars of the 60's and 70's, a new muscle car is only limited to how fast you want to go and how much you wish to spend.

Traditional muscle car enthusiasts tend to look for older makes and models.

Top 10 Muscle Cars According to different sources:

Top 10 Muscle Cars According to About.com

  1. Ford Mustang (1965-1970)
  2. Pontiac GTO (1968-69)
  3. Chevrolet Corvette (1958-68)
  4. Lincoln 4-door Convertible (1963-67)
  5. Cadillac Convertible (1960 - 1970s)
  6. Shelby Cobra (289/427)
  7. Chevy Impala Convertible (1963-64)
  8. Ford Hot Rods (especially 1934 3 Window Coupe / Roadster)
  9. Pierce Arrow (Circa 1930s)
  10. Fords - Fairlane, T-Birds, Galaxie (Circa 1950s)

Top 10 Muscle Cars According to A&E

  1. Pontiac GTO (1964-70)
  2. Chevy Chevelle SS (1965-70)
  3. Ford Mustang Boss (1969-70)
  4. Plymouth Road Runner (1969-70)
  5. Plymouth Barracuda (1970-71)
  6. Pontiac Trans Am (1970-72)
  7. Chevy Camaro (1967-79)
  8. Dodge Charger (1969-70)
  9. Oldsmobile 442 (1968-70)
  10. Chevy 409 (1962-63)

According to Classic Corvette

  1. Chevy Chevelle LS6 454 CI (1970)
  2. Plymouth Hemi-Cuda 426 CI (1970)
  3. Ford Fairlane Thunderbolt 427 CI (1964)
  4. Buick Gran Sport Stage 1 455 CI (1970)
  5. Mustang Boss 429 CI (1969)
  6. Plymouth Hemi-Cuda 426 CI (1971)
  7. Corvette L71 Tri-Power 427 CI (1967)
  8. Dodge Charger R/T Hemi 426 CI (1969)
  9. AC Shelby Cobra 427 CI (1966)
  10. Mustang Mach I SCJ 428 CI (1969)

If you've already found your classic muscle car, it would be wise to follow these muscle car buying tips.

Tips for Buying a Used Muscle Car

  • Ask for the license, title, and registration
  • Match the 17 digit VIN number on the door, to the one on the hood, engine, and dashboard
  • Verify the seller's name on the license to that on the title
  • Research the car's history
  • Look for and ask about any accidents that the vehicle may have been involved in
  • Ask about alterations and flaws
  • Take the car for a test drive
  • Ask a mechanic to inspect the muscle car
  • Run a CARFAX history report on the VIN number for the used muscle car which is obtainable at myAutoloan.com

Notes:
- Most muscle cars were built between 1964-1974 and the 17 digit VIN number was not implemented until 1981
- Sometimes there is not a good way of verifying correctness as many of these muscle cars don't have those numbers on the dashboard, hood or door to match the engine or vice versa. This is particularly true if the car has been rebuilt, which may of them have been in one way or another, those key numbers on the engine and such are often lost, removed or just completely illegible over time. Many Muscle Cars sold don't even have their original engine that it came with from the factory.
- As noted above, the 17 digit VIN will most likely not be helpful unless the auto is a 1981 model or newer. This report may be of little value since it is a widely held misconception that they are available for classic cars.
- Research and determine the car's value and collectibility

Where to Buy a Muscle Car

When shopping for a muscle car, the local newspaper is not the best place to look. Specialized publications and websites devoted to muscle car sales are great for listings and for finding excellent advice. Collectors' meets, car shows and club events are good sources for finding quality muscle cars for sale. Also, there are numerous auction companies with decent documentation that sell muscle cars.

Where to Find a Muscle Car Loan

Often times, used car dealers will arrange financing for a loan; however, you'd probably get a better APR if you looked for a muscle car loan online.

Resources, such as myAutoloan.com, will go beyond finding the most competitive muscle car loan. You can also shop for insurance, maintenance agreements, warranty contracts, or safety information. It's wise to know your budget and loan terms before you buy a muscle car. Remember, when applying for a loan to give yourself a little room for negotiating the price. Soon that muscle car will be in your driveway.