Citation
We arrange finance on the Chevrolet Citation, built 1979 to 1985, for limited companies and LLPs, for business borrowing over £25,000, and for individuals borrowing over £60,260 under the high net worth exemption.
- BUILT
- 1979 to 1985
- ERA
- 1970s
- BODY
- 2-door notchback; 3-door hatchback; 5-door hatchback
- ENGINE
- 2.5 L Iron Duke I4; 2.8 L LE2 V6; 2.8 L LH7 HO V6; 2.8 L LB6 MPFI V6
- LAYOUT
- Transverse front-engine, front-wheel drive
- DESIGNER
- Irv Rybicki
- ASSEMBLY
- United States: North Tarrytown, New York (North Tarrytown Assembly); Oklahoma City, Oklahoma (Oklahoma City Assembly) ; Ypsilanti, Michigan (Willow Run Assembly) ; Mexico: Ramos Arizpe (Ramos Arizpe Assembly)
- BUILT IN
- United States
- PRODUCTION
- 1,643,587 built
Financing a Citation
Values in this period vary sharply by model and by condition. Corrosion and unrecorded restoration are the usual reasons a valuation comes back lower than the asking price.
The Citation was built 1979 to 1985 in United States and is recorded with a 2.5 l iron duke i4; 2.8 l le2 v6; 2.8 l lh7 ho v6; 2.8 l lb6 mpfi v6 , styled by Irv Rybicki. Those details matter to a lender only insofar as they support a valuation: what is being funded is a specific car with a specific history, not a model line.
A company usually takes hire purchase or lease purchase on a car like this. A certified high net worth buyer borrows under the exemption. An owner who already has the Citation in the garage can raise money against it instead. In each case the lender wants an independent valuation, evidence of condition and a clear view of how the borrowing is repaid.
Before you buy
- 01Corrosion history, including any previous repair sections
- 02Completeness of trim and brightwork, which is often scarce
- 03Service record and the date of the last major mechanical work
- 04An independent valuation the lender will accept
- 05Agreed value insurance quoted before completion
Model reference: Wikipedia. Specifications vary by year and market, so check the individual car.
Questions
Can my company buy a Chevrolet Citation on finance?
Yes. A limited company or LLP can buy on hire purchase or lease purchase, with the agreement in the company name. It is not regulated consumer credit, whatever the amount. How the car is treated for tax depends on how the business uses it, so speak to your accountant.
Is a Citation too old to finance?
Age on its own is rarely the obstacle. Specialist lenders assess the car, its provenance and an independent valuation rather than applying a cut-off year, so a 1979 to 1985 car can often be financed, subject to status and lender criteria.
Can I raise money against a Citation I already own?
Often, yes, and the car normally stays with you. The lender takes security over it, and how much can be raised depends on the valuation and on how readily that model sells. We arrange this for companies and for certified high net worth owners.
I want a Citation for personal use. Can you help?
That would be regulated consumer credit, which requires FCA authorisation we do not hold. Send the enquiry anyway: it is handled through one of our regulated partners, and we tell you which firm before anyone contacts you.
Finance on this page is arranged for limited companies and LLPs, for sole traders and partnerships borrowing over £25,000 wholly or predominantly for business purposes, and for individuals borrowing over £60,260 who have signed a high net worth statement. Send us the details either way: cases outside that are handled through one of our regulated partners, and we tell you who before anyone contacts you.
Start the entry formModel details compiled from marque records, Wikidata and Wikipedia. Specifications vary by year and market, so check the individual car. Market values are added to this page as the price data for Chevrolet is published. Questions about a specific car are best sent to enquiries@classiccarfinance.uk.