Ferrari 355 GTS F1 - 03/11/2016 | Ferrari Finance UK
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Ferrari 355 GTS F1 1998

REPRESENTATIVE EXAMPLE
On The Road cash price
£70,000.00
Cash deposit
£0.00
Total amount of credit
£70,000.00
Term of agreement
49 months
Monthly payment
£797.58
Arrangement fee
£200.00
Option to purchase fee
£149.00
Interest charges
£28,283.84
Total charge for credit
£28,632.84
Fixed rate of interest
10.64%
Representative APR
11.30%
Balloon Payment
£60,000.00
finance your ferrari 355 with fast car finance

PURCHASE PRICE:

DATE OF PURCHASE:

TYPE OF FINANCE:

Occupation:

Location:

£70,000

03/11/2016

Conditional Sale Agreement

Landlord

Middlesex

This is an interesting story!   Our customer originally went to see a car at an Independent Ferrari Specialist who we know well. Subsequently the same customer found a car he liked even more at a Salvage Auction.   There was no way anyone could have arranged finance for a car with such provenance – ie an insurance write-off, but this gentleman had fallen in love with the car and desperately wanted to buy it.   So we came up with a plan whereby we were able to arrange an equity release to the value of  £60,000 against another Ferrari he already had in his collection.   With the cash in his bank after a Specialist Lender had valued the  said car, he was able to buy the 612 from the salvage yard as a cash buyer.

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