Our motor finance team - Krish Appiah and Jessica Peaks recently completed a Motor Finance deal for a brand new Ferrari 296 GTB worth up to £299,000.00!
Krish was able to use our comprehensive 125+ lending panel to be able to work alongside Kerry Stuart from United Trust Bank Limited to be able to set up a bespoke Hire Purchase (HP) finance agreement, which consisted of an initial deposit, followed by 48-monthly payments.
The benefit of this HP structure is that it allows you to have complete control over the agreement as you can decide the deposit amount and the repayment term. HP also enables you to own the car at the end of the contract. An optional balloon payment can be added to the end of the agreement, which will cut the monthly payment costs if needed. Then further finance options can be available once the balloon payment is due including refinance.
The reality of owning your dream car may be close than you think! It is important to remember that the figures presented were specific to the actual client and each person's situation is different. Still, here at Approved, we are dedicated to finding you the best possible finance option. If you feel that finance is a viable option for your current situation then please do not hesitate to get in contact to discuss your finance options with our specialist motor finance broker Krish Appiah on 01908 429888 or email him at Krish@approved-finance.co.uk.
The information provided was specific to the actual client on 14/03/2023. Subject to terms and conditions, as well as full underwriting, personal circumstances and client profile.