Porsche 997 Turbo 2006

PURCHASE PRICE:
DATE OF PURCHASE:
TYPE OF FINANCE:
Occupation:
Location:
£49,995.00
24/11/2020
Conditional Sale Agreement
Financial Advisor
Berkshire
For many classic car enthusiasts, finding a competitive car finance deal can be incredibly difficult, especially if you’re looking at a car that’s over 10 years old.
For this regular Fast Car Finance client, he knew that securing Porsche finance for his Porsche 911 (997) GT3 RS Turbo might be difficult for a car that’s 14 years old. However, as an independent financial adviser in our local business community, this company director knew that we were the go-to guys to get him a cracking deal.
Our client found the perfect Porsche 911 (997) Turbo at a local independent Porsche dealership that we know very well. With the customers impeccable credit rating and our ability to access a range of specialist car finance providers, we were able to secure a loan at 6.7% APR for the car with the customer putting down a £10,000 deposit and with a £22,000 balloon payment due when the 4 year term ended.
Typically, classic car financing rates are higher than the rates for newer cars because some lenders wrongly perceive that they carry more risk as they are older vehicles. However, our client had an excellent credit rating and we were able to verify the reputable Porsche dealership that supplied the car – which are all really helpful when we’re arranging finance for this stunning Porsche 911 (997) Turbo.