Ferrari 575M (F1) - 03/03/2017 | Ferrari Finance UK
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01635 785 400

Ferrari 575M F1 2004

REPRESENTATIVE EXAMPLE
On The Road cash price
£95,000.00
Cash deposit
£0.00
Total amount of credit
£95,000.00
Term of agreement
49 months
Monthly payment
£1,497.47
Arrangement fee
£295.00
Option to purchase fee
£250.00
Interest charges
£30,878.56
Total charge for credit
£31,423.56
Fixed rate of interest
10.00%
Representative APR
10.7%
Balloon Payment
£54,000.00
equity release with your ferrari

PURCHASE PRICE:

DATE OF PURCHASE:

TYPE OF FINANCE:

Occupation:

Location:

£95,000

03/03/2017

Equity Release

Creative Director

Essex

Being Petrolheads we’re used to the adrenalin-rush that’s associated with super cars. We had to put our foot well and truly down on this particular finance solution. A customer who we originally helped 2 years ago, knew that his Ferrari was an appreciating asset. He tasked us with releasing some equity against the car so that he could finance a personal project which needed to happen sooner rather than later. The team arranged for the existing car finance agreement to be repaid, and after a favourable evaluation we were able to arrange a sum of  £50,000 against the car with another Lender.

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