Westend Bank is ideally placed to solve the financial needs of classic car collectors and dealers. Our financial structures unlock the capital from their prestigious vehicles using secured loans.

Clients come to us to build on existing collections and take advantage of commercial opportunities. Car dealers and institutional owners may also benefit from the ability to retain possession of the vehicles throughout the lifetime of the loan.

With an extensive knowledge of the industry, we share the passion of our clients and work closely with them as a strong financial partner.

Key Features

  • Asset-backed loans secured against classic and prestigious cars at competitive rates.
  • An efficient financing process.
  • Valuations by independent experts.
  • Safe storage at a fully secured and insured location.
  • Classic car dealers and institutional collectors may be able to retain possession.
  • A relationship-driven approach and tailor made solutions.
  • Loan to value ratio of up to 50%.
  • Terms of six months up to two years with the possibility to extend.
  • Loans starting from €50,000.
Bastian Schonauer
Bastian Schonauer
Director Classic Car Financing
Telephone +49 69 660 595 6 32

Bastian Schonauer is Director of Classic Car Financing working closely with classic car dealers and collectors. Previously, he headed the Classic division of GTÜ (Gesellschaft für technische Überwachung) in Stuttgart for seven years and was responsible for the development of the vintage car department at AvD Automobilclub.

Trained as an insurance specialist, Bastian began his career in the vintage and classic car scene in 2000, when he turned his passion into profession developing the classic car insurance at ADAC.

Over two decades, Bastian has built a network characterised by long-standing and trustworthy cooperation.

Bastian is founding member of the parliamentary group Automobile Cultural Heritage in the German Bundestag, member of Kaiserlicher Automobil-Club (KAC) and member of the classic car expert group at Brenners Park Hotel Baden-Baden.

Privately, Bastian drives an English roadster and a German sports sedan from the 70s.

Financing Process

  1. Apply
    Apply
    You contact our experts and provide the required documentation
     
  2. Analyse
    Analyse
    We value your vehicles and structure a loan tailored to your needs
     
  3. Transfer
    Transfer
    After approval, you receive the loan under the agreed terms