Ferrari Dino 246 GT 1972
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£250,000.00
24/01/2019
Regulated Hire Purchase
Lawyer
Surrey
When a prospective client was looking to raise equity against a Ferrari Dino 246 GT we were eager to assist. Classic car financing is quick and simple to arrange with Fast Car Finance as was the case here. We arranged for the client to send us some information on the car to include photographs and its provenance, this enabled us to quickly obtain an independent valuation.
With a satisfactory valuation in hand, we were able to advise the client that we could release up to £250,000 against the car. The intention being to use the monies raised towards the renovation of a holiday home. Documentation was drafted, the car seen and inspected and the funds released back to the client upon confirmation of good title (proof of ownership). Furthermore, we structured the loan in such a way that the client could make lump sum reductions in to the loan at any time or repay early in full without incurring any significant penalty.
Whether you require used Ferrari finance for an acquisition or wish to undertake an equity release in your existing Ferrari to generate cash please get in touch.
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