This announcement is the latest in the 10-year relationship between the two brands.
Woodside Credit has just announced that they have signed a four-year contract with Barrett-Jackson that will make them the exclusive automotive loan provider for the auction house. This new partnership will give allow bidders to be pre-approved for the financing of up to $600,000 on collectors cars that cross the block at Barrett-Jackson events. The news makes sense considering the two brands have been working together for the past 10 years. If you’ve seen recent Barrett-Jackson auctions, you may have noticed the ‘Estimated Monthly Payment’ at the lower right-hand corner of display screens during auctions. These are estimate payment that are updated in real-time, courtesy of Woodside Credit.
We are excited to continue growing our relationship with Woodside and providing their services to our bidders as the number one option for their collector car loan,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Coming off the heels of two record-breaking auctions in 2021, including our most successful Las Vegas Auction to date, it is clear that there is pent-up demand for collector cars and the hobby is thriving.”
“The Woodside Credit team couldn’t be happier for another four years,” said Mitch Shatzen, President and Chief Operating Officer at Woodside Credit. “Our collector loan products give more options to bidders and even helps new bidders get into the hobby for the first time. Our commitment to commonsense lending practices and understanding our clients’ full financial picture allows us to provide loans with the lowest monthly payments in America.”
The next Barrett-Jackson will be their Inaugural Houston Auction, which will take place September 16-18 at the NRG Center in Houston Texas. If you’d like to get pre-approved or learn more about Woodside Credit, be sure to click the button below.
Source: Woodside Credit via NewMediaWire