CLASSIC CAR LOAN PROJECT TO HELP YOUNG ENTHUSIASTS

CLASSIC CAR LOAN PROJECT TO HELP YOUNG ENTHUSIASTS

Posted by Glenn Rowswell on 3rd January 2018

The successful current car loan pilot project involving the loan of a 1929 Ford Model A to a young enthusiast, which started last March, is set to be extended for another year from April with more cars on offer.

Peter James Insurance Company is working alongside Project Manager Bob Wilkinson to deliver the next phase of the project to introduce younger drivers to classic motoring and young enthusiasts with a full driving licence are encouraged to come forward and take part.

Following the success of this year’s scheme, a group of private owners and clubs have agreed the conditions for offering more cars on an extended loan period. Other clubs are looking closely to join this exciting project but for the time being the following cars on offer include a 1960 Vauxhall Victor Saloon offered by the Vauxhall Victor Owners Club; a 1983 Austin Maestro offered by Tanya Field, an enthusiastic owner, and the 1929 Ford Model A Phaeton (Tourer) used in last year’s scheme and offered again by owner Peter Garrett.

If you know a young classic car enthusiast who would like to use one of these cars for a year, then get in touch with Bob Wilkinson stating which car you’re interested in. There are obviously loan conditions to be met and these are contained in an agreement covering insurance, maintenance and car usage at the borrower’s expense. The borrowers must have access to garage facilities and preferably be over 25 years of age.

Individual owners, or the relevant club, will then select the ‘borrower’ who will have full use of the car for a loan period of either six months or one year by negotiation. Applications must be received by the end of February 2018 to allow time for a hand over on April 7 at the British Motor Museum at Gaydon.

Bob and his colleagues involved with this enterprising scheme are delighted that the current loan has been so successful and welcome all enquiries from clubs and private owners. Every club recognises the need to ensure continuity into future generations of classic car fans and this scheme has proved this is an exciting way of doing just that.