How Does Exotic Car Financing Work?

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Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about our Editorial Guidelines and How We Make Money.
What Is an Exotic Car Loan?
Is Long-Term Exotic Car Financing Available?
Exotic Car Loan Requirements
Exotic Financing Pros
Getting a New Car
Opportunity Cost
Investment Leverage
Exotic Financing Cons
Interest Payments
Credit
Depreciation
Pros and Cons of Exotic Car Financing at a Glance
Exotic Car Financing Alternatives
Cash
Traditional Lease
Used Lease
Subscription Service
Refinance
The Takeaway
Frequently Asked Questions
Photo credit: iStock/Firstsignal
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About the Author
Austin Kilham is a writer and journalist based in Los Angeles. He focuses on personal finance, retirement, business, and health care with an eye toward helping others understand complex topics.
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