Financing a 360 CS
Author
Discussion

birdcage

Original Poster:

2,934 posts

235 months

Friday 11th September 2009
quotequote all
I currently have a 355 all bought and paid for etc although what I really want is a CS.

Just now it does not make financial sense (for me) to buy a CS cash so has anyone bought anything for 80-90k recently with a decent finance company and have any idea how this works?

Balloon, lease? etc

Thanks,

The Milfman

1,107 posts

219 months

Friday 11th September 2009
quotequote all
Speak to these guys, not used them but have spoken to them a few times - very helpful and know their stuff, would definately use if I was taking out finance.

Am sure others will be along to say how good they are too.

http://www.classicandsportsfinance.com/

Good luck! thumbup

jonny finance

1,058 posts

236 months

Friday 11th September 2009
quotequote all
Sold my last car to a chap who used Oracle. Both parties were private but he still was able to purchase getting finance on the car. This can be very useful if you see something via a private seller..

justin220

5,751 posts

234 months

Friday 11th September 2009
quotequote all
Oracle (Dave) was very helpful to me when I bought my Gallardo. In the end he couldn't help me - age restrictions

He was very annoyed he couldn't do anything though. Top guy

anonymous-user

84 months

Friday 11th September 2009
quotequote all
The Milfman said:
Speak to these guys, not used them but have spoken to them a few times - very helpful and know their stuff, would definately use if I was taking out finance.

Am sure others will be along to say how good they are too.

http://www.classicandsportsfinance.com/

Good luck! thumbup
Yes, I bought my Cayman with these guys - they did a great job.

Creditcrunch

84 posts

217 months

Friday 11th September 2009
quotequote all
I've always been puzzled by car finance as it never seems to make logical sense in deal terms.

I know you can get a personal loan to buy a car but the max available is usually limited to £25K and the interest rate is around 8%.

Is there car finance available that essentially mimics a loan and its interest rate but with a larger cap on the amount borrowed say for example £50K (unsecured of course)?

From what I can tell, car finance is all about paying a monthly premium and then returning or selling the car after a certain period thereby effectively renting it. Those who effectively pay to rent their cars out are crazy in my opinion.

So lets say someone wanted to borrow £50K to buy a car and own it outright within 5 years. What finance options will be available to that person and at what cost? For simplicity sake lets assume a deposit of £5K.



Edited by Creditcrunch on Friday 11th September 15:47

stompboxx

309 posts

215 months

Friday 11th September 2009
quotequote all
If you are a high net worth individual you'll find you can get very cheap finance.

I highly recommend Oracle Finance.