How did you structure financing on your last exotic?

Trying to decide between paying cash and financing a 458 so I keep some liquidity for a house reno. Curious what terms people are seeing on collector and exotic loans lately and whether simple interest is the norm.

I financed mine specifically to keep cash free for other things. Simple interest, longer term, and I paid extra whenever I could. No regrets keeping the liquidity.

Depends on your opportunity cost. If your money works harder elsewhere, financing the car can make a lot of sense. Use a specialty lender, not a regular bank, because they actually understand the asset.

Agreed on the specialty lender. A normal credit union had no clue how to value mine.