Hi i'm the head of the motor finance team here at the approved group - Krish Appiah and I have exciting deal to share that me and Jessica Peaks recently completed. It was for a Ferrari 488 Pista Pilot worth an astounding £435,000.00! 👏
I was able to use our comprehensive 125+ lending panel to be able to set up a bespoke Hire Purchase finance agreement, which consisted of an initial deposit, followed by 47-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.
Turn your dream car into a reality by reaching out to our dedicated motor finance team at 01908 429888 or via email at krish@approved-finance.co.uk or jessica@approved-finance.co.uk.
For any guidance, please refer to our Ferrari specific buyers guide found here
Information should only be used as a guide and is not guaranteed for every situation as the interest rates and residual values can fluctuate on a regular basis. The figures provided were specific to the actual client on 30/01/2024. Subject to terms and conditions, as well as full underwriting, personal circumstances and client profile.