Porsche Taycan 4S 2021

PURCHASE PRICE:
DATE OF PURCHASE:
TYPE OF FINANCE:
Occupation:
Location:
£70,000.00
08/02/2024
Hire Purchase
Company Director
London
When a long-standing Fast Car Finance customer was looking to invest in a used electric vehicle (his first), he wanted to make sure he was structuring the car finance agreement in a way that he was maximising the tax benefit to his business, whilst at the same time ensuring the car finance repayments suited his financial budget.
We worked with the customer over a number of weeks offering him several EV car finance quotations until he found a suitable car. This busy Company Director wanted used EV car finance, concerned that a brand-new EV would leave him with a sizeable depreciation issue, something he did not want to worry about later on when he came to sell it. By looking at several used luxury EV examples, we were able to advise on future values, with these arrived at by considering two key points.
- Annual mileage
- Intended ownership period
With our access to leading motor industry valuation software, we were able to provide accurate numbers with regards the maximum balloon payment for any given loan term and mileage. This in turn enabled the customer to work out the price of car and level of initial deposit needed to get to his target monthly finance payment.
Whether you are considering the purchase of a new or used electric vehicle we can help arrange electric vehicle car finance, to include both EV hire purchase and EV lease purchase.
Fast Car Finance – putting you in the driving seat

