Ford Lotus Cortina 1966
REQUEST A FAST QUOTE
PURCHASE PRICE:
DATE OF PURCHASE:
TYPE OF FINANCE:
Occupation:
Location:
£50,000.00
03/08/2022
Lease Purchase
Company Director
Scotland
A new Fast Car Finance client who had recently purchased a modern Ferrari, wished to add a classic car to his collection and approached us for classic car finance.
The client located a 1966 Lotus Cortina being sold by a private vendor. Fast Car Finance can look to fund private purchases in certain circumstances, but they do require further due diligence.
Lotus Cortina is the commonly used term for the Ford Cortina Lotus, a high-performance sports saloon, which was produced in the UK from 1963 to 1970 by Ford in collaboration with Lotus Cars.
As this car would be driven on a few occasions , the client was seeking modest monthly repayments for this weekend driver.
Funding was approved over 5 years with the client putting down a 10% deposit. Part of the capital was deferred to the end of the agreement with a balloon payment of 57% of the value of the car.
The resulting agreement meant repayments were well within the client’s monthly budget. It is the client’s intention to keep the car for the full 5 year term. At the end of the agreement he can either repay the balloon payment or refinance it.
MORE RECENT Ford FINANCE DEALS
