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Step 1
Establish your spending limit for an exotic car based on what you can afford, the cash liquidity that you have available for a down payment and the amount that you can pay in a monthly payment against any debt that you incur.
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Step 2
Consider tapping available assets that would enable you to get better financing terms and lower interest rates by borrowing, in effect, from yourself. Such assets may include your home equity or the cash value of annuities or life insurance.
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Step 3
Shop for credit terms and competitive interest-rate financing for an exotic car with the specialty exotic-car lenders listed on BuyClassicCars.com (see Resources below).
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Step 4
Check with the bank or other lending institutions where you have personal or business checking, savings and lending accounts to see if they have financing products that would fit your plan to buy an exotic or specialty car.
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Step 5
Reverse the traditional roles in the process of applying for credit by getting lenders to compete for the opportunity to finance your car purchase.
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Step 6
Distinguish between what you want, what you need and what you can afford. One alternative to paying the high cost of financing an exotic car is to wait a year or two before making a purchase. The extra time and a good savings plan may enable you to pay cash for most of or the entire purchase price.
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Step 7
Negotiate the price of an exotic car without regard to financing arrangements. As a general rule, your ability to get the best financing deal will be enhanced by your ability to get the best deal on a car's price.
