Tag Archives: import classic JDM

How to Finance a Skyline, NSX, Supra or other JDM

How to finance JDM cars

We get this all the time. You’ve dreamed of Skylines ever since you were little and now are at a place in your life where you can actually own “Godzilla” aka a R32 Nissan Skyline GTR. But, what do you do if you don’t have the $20,000-30,000 in your bank account? You need to find a loan and get financed for the purchase. This is usually a fairly easy and common practice but when dealing with cars that are 25 or more years old and not ever sold in the US financing a Skyline can become a bit of a challenge.

Top 4 Things You Should Have

  1. Good credit   - Loans for Skylines is not the “anyone is approved!” financing the local auto dealers offer. It’s recommended to have a 650 or better credit score.
  2. Good income   - Showing you have the means to pay back the loan is important.
  3. A certified appraisal   - Most lenders will require a certified appraisal stating that the car is worth at least the amount to be financed. JDM Expo is happy to provide appraisals on its vehicles both in Japan and in the USA for a small fee.
  4. At least 15% saved   - Its a good idea to have some cash saved. For one reason, a deposit can be given to hold the car while financing is being arranged.

8 Steps to Getting a Loan for a JDM

  1.  Talk to one or more of the below lenders before looking for a car.
  2.  Find out if you qualify and how much of a loan you qualify for.
  3.  Contact JDM Expo with your budget and the specifics of what you are looking to purchase (model, color, mileage, mods, etc).
  4.  Once a car is found, place a cash deposit to hold it.
  5.  Bring a bill of sale and a certified appraisal (if required).
  6.  Get check for loan amount.
  7.  Pay balance of car price.
  8.  Drive off in your new Skyline GTR!

Where to look for loans
Most banks will not finance 25 year old imported cars and it can be a challenge to know where to turn. Thanks to our many years of experience we have found some good, reliable places to look for financing for a Nissan Skyline, Toyota Supra or other JDM import.

Local/Military Credit Unions
Credit unions will often provide auto loans for older vehicles like US-legal Nissan Skylines. They are the best option because they are quick, easy and offer great interest rates. If you’re a current or former military member, be sure to look into Navy FCU or USAA. Did you know we’re the number one source of Skylines for military members stationed in Japan? We deal with Navy FCU and USAA extensively and can highly recommend them. If not, you’re sure to find a federal credit union in your area that you can join.

Personal Loans
If you’re not able to get an auto loan, you may be able to get a personal loan. These have slightly higher interest rates but are also easier to get. You will probably need to use the car as collateral for the loan which requires a certified appraisal. A credit union or regular bank can give you a personal loan though credit unions tend to have better interest rates and may also allow you to convert your personal loan into an auto loan down the road.

Online Classic Car Lenders
When you see other importers saying “We can help you get financed” or “Ask about our financing options”, this is what they are referring to. On the one hand, these lenders will finance literally anything from a project to a top level show car. On the other, they tend to have high interest rates, require 10-20% down and can be a headache to get. JJ Best Banc Co. is one of the biggest names in online lending though there are many others. This article by Hemmings lists a few more.

JDM Expo

A Glimpse at the Japanese Auto Auctions – June 11

The Skyline is a great car, but there are many other amazing cars in Japan. Every week, over 100,000 cars are put up for auction and so I’ve combed through these listings to pick out 15 noteworthy cars that are up for auction and legal for US import. Most are JDM cars, but every once in awhile something really special from a European manufacturer is getting auctioned off, so you’ll see a few of those cars on the list as well.

While its too late to purchase most of these cars, if you see something you like send an email to [email protected] and we’ll find an equal or better car for you. And remember, you can always check out the auctions yourself through our website, by going to http://auc.jdm-expo.com!


15. 1988 Toyota Corolla GT-Z (AE92)

This Week's Awesome Japanese Auctions - 6/11

A Glimpse at the Japanese Auto Auctions – May 28

Another week and another 100,000 cars passing through the various auction houses of Japan.  I’ve perused the various auction listings to come up with 10 unique, neat or otherwise highlight-worthy vehicles that are all legal for US import and not Skyline GTRs. Why not Skyline GTRs? Japan is home to so many cool and unusual cars that could be brought to the US that the average person has no idea even exist and bringing a car to the US costs considerably less than you might think. I wanted to highlight some of them that come up for sale every week. So, onto this week’s Top 10.


10. 1981 Toyota Land Cruiser FJ60

This Week's Awesome Japanese Auctions - 5/28/15

A Glimpse at the Japanese Auto Auctions – May 21

The Japanese auto auctions are AWESOME! Why? Because over 100,000 cars go through them every week! Every car that every dealer, shop and some private owners have grown tired of gets posted up between Saturday and Wednesday and then put up for bid Wednesday through Friday.

One thing that makes Japanese auctions so fun is that they have a huge variety of cars. There’s USDM stuff brought over by importers and US military, there’s European and Chinese cars, drift cars, road race cars and cars so customized it’s hard to tell what they are.

Another thing is that many of these cars have low mileage and well maintained. Recently a 161,000 mile NSX in very good shape was featured on Nice Price or Crack Pipe for $25,000. That’s 260,000 kilometers, a number that would cause most Japanese auction buyers to completely ignore it, but that car got a 69% NP win.

The fever for Skyline GTRs has caused a ton of US importers to spring up and the bidding for these cars are insane. All of the importers have access to these auctions and every importer fights with every other importer for 1989-1990 GTRs. This means that other gems get totally overlooked, often getting no bids at all! I’ve compiled a list of my favorite 10 non-Skyline cars up for auction this week hoping to teach people that there’s more to Japan than Skylines, and many are just as cool.

10. 1988 Toyota Starlet Turbo S

This Week's Awesome Japanese Auctions

Why buy Skyline GTR R32?

There’s been much discussion in Japan about what the estimated prices will be for BNR32 Skylines. So 89-94 only 45,000 R32 GTRs were made. Given the number of crashes, track cars, and 25 years of wear and tear, it is figured less than half might be around. Many went to the UK, Australia, Canada, Europe. So maybe 5-9,000 cars are available, for all 5 years. So it is doubtful we will see any sort of market saturation anytime soon.

JDM EXPO – Classic and sports cars exporter based in Japan

JDM Expo Co., Ltd. is located in central Japan serving worldwide markets as the top Japanese exporter of JDM sports and classic cars. We have the largest inventory of JDM classic and sports cars in Japan and offer them at unbeatable prices from Japanese market domestic market. If a vehicle that you are looking for is not available in our stock, we also provide you a custom search of your dream vehicles from other Japanese domestic car dealerships.

The Cosmo Sport 110s for sale in Japan at JDM Expo!

Mazda Cosmo Sport 110s was the world’s first dual-rotor rotary engine production car and ever since has concurred the hearts of many classic Japanese car lover since its launch in 1967.

The Cosmo Sport 11os is considered by car enthusiasts to be a unique style Japanese interpretation of ‘what a Western sports car’ should look like. Near its production period, the Cosmo Sport 110s had a production run of around 1,200 units. Records show that only two 1967 Cosmos were exporter to the United States from Japan and the one of them being registered to Curtiss-Wright Corporation.