Classic car loans generally work the same way as other types of auto loans, but loan terms and interest rates may vary compared to new or late-model used car financing. For example, Affinity offers new car financing with terms up to 96 months and regular used car financing for up to 84 months. For classic and collector car lending, we offer terms up to 60 months. Members can also take out personal loans and/or home equity loans to finance their classic car purchase.