Ferrari 599 GTB Fiorano F1 2007

PURCHASE PRICE:
DATE OF PURCHASE:
TYPE OF FINANCE:
Occupation:
Location:
£80,000.00
17/07/2020
Regulated Hire Purchase
Builder
Kent
Our client likes to honour his Italian heritage and regularly treats himself to a luxury Ferrari every 12-24 months. Having previously owned several Ferrari’s, our client fancied a Ferrari 599 GTB (2007) which he sourced through Kent High Performance Cars. Having provided Ferrari finance for this client on several occasions, we had details of his earnings through his successful building company and were able to organise the finance underwriting on transaction very quickly for him and without the need to ask for lots of additional financial information.
Our client put down a £30,000 deposit and has set his payment term for the remaining £50,000 across two years on an “interest only” repayment basis. This means that when the finance period expires, our client will still have the full loan balance of £50,000 to repay, however he is driving an £80,000 sports car offering him monthly an amazingly low repayment of under £300. At the end of the term, we can arrange to refinance the loan if he requires an extended period of ownership.

