Ferrari Finance New Rates

[Peterpetrole]

Stark999 said:

Sorry my mistake - the rate is only on 296’s

And yes it’s 4.8% APR

My person I use is called James and he is from HR Owen and can contact him on 07483090880

He has given me a 296 GTB as a loan car to test for a Friday to Monday, so worth you asking for this if you’re considering one

Was about to say I'm surprised Ferrari are that bothered about UK sales, apart from super premium buyers it must be a tiny part of their global market. Rarity (even from lean economic years) was always a part of their business plan.

[jimbojones81]

It’s on the Purosangue too. 20% deposit and 30 to 36 month term.

[Planetstank]

Stark999 said:

Sorry my mistake - the rate is only on 296’s

And yes it’s 4.8% APR

My person I use is called James and he is from HR Owen and can contact him on 07483090880

He has given me a 296 GTB as a loan car to test for a Friday to Monday, so worth you asking for this if you’re considering one

Is this on used 296’s also? I’d be interested in one if so

[bennno]

Planetstank said:

Is this on used 296’s also? I’d be interested in one if so

it is

[bennno]

Trev450 said:

At the risk of sounding like the party pooper, you have to ask why it is only on 296!

its on the Roma, 296 and Purosangue - i.e. the main 3 models. used and new.

[Trev450]

bennno said:

Trev450 said:

At the risk of sounding like the party pooper, you have to ask why it is only on 296!

its on the Roma, 296 and Purosangue - i.e. the main 3 models. used and new.

Thank you for that - it was a little unclear as to what models it was applicable to.

[andymc]

Are they showing examples online?

[kbf1981]

Fantastic deal.

[DeejRC]

I’ve been offered 4.75% on 296s until end of June.
And an invite to Fiorano to drive them. That was from Graypaul Brum.

[Stark999]

So Ferrari saying to me that 296 prices will go up as when the Pista is launched Ferrari will ask them to crawl up the ladder to ownership and buy a 296 GTB/GTS to help them get there….

It’s possible that numbers will lower but then again when their Pistas arrive they will sell their cars on again.

Who knows

[bennno]

Stark999 said:

So Ferrari saying to me that 296 prices will go up as when the Pista is launched Ferrari will ask them to crawl up the ladder to ownership and buy a 296 GTB/GTS to help them get there….

It’s possible that numbers will lower but then again when their Pistas arrive they will sell their cars on again.

Who knows

Gtb orders closed, I'd suggest it's a big unknown and very difficult to predict.

[WCZ]

From what I’ve heard, the vs should be very easy to get and made in high numbers compared to previous special editions. Expect a very high price when spec’d

[DeejRC]

Oh and 6.9% on the Purothingy.

[Stark999]

Someone here said Purosangue was 4.75% too

[Planetstank]

Spoke to Ferrari Colchester
Good deal but balloon makes sense on big deposits.
Nonetheless, still a very good deal to be had

[Calculator]

What % balloon were they including?

[garystoybox]

Calculator said:

What % balloon were they including?

55% over 3 years. Just consider its lease purchase so no guaranteed value.
Given where trade values are, not going to be a lot of equity left at the end of out in 45% deposit for interest only payments.
Seems like the dealers are desperately trying to hold firm on prices, hoping this will stimulate sales with lower monthlies. Still feels like catching a falling knife at the moment unless can deal in the £180’s-£190’s.

[Planetstank]

garystoybox said:

55% over 3 years. Just consider its lease purchase so no guaranteed value.
Given where trade values are, not going to be a lot of equity left at the end of out in 45% deposit for interest only payments.
Seems like the dealers are desperately trying to hold firm on prices, hoping this will stimulate sales with lower monthlies. Still feels like catching a falling knife at the moment unless can deal in the £180’s-£190’s.

Agreed, at 170-190k it’s definitely worth a punt, not so at 220 imo

[kbf1981]

Planetstank said:

garystoybox said:

55% over 3 years. Just consider its lease purchase so no guaranteed value.
Given where trade values are, not going to be a lot of equity left at the end of out in 45% deposit for interest only payments.
Seems like the dealers are desperately trying to hold firm on prices, hoping this will stimulate sales with lower monthlies. Still feels like catching a falling knife at the moment unless can deal in the £180’s-£190’s.

Agreed, at 170-190k it’s definitely worth a punt, not so at 220 imo

What else is better at 220k?

[DeejRC]

kbf1981 said:

Planetstank said:

garystoybox said:

55% over 3 years. Just consider its lease purchase so no guaranteed value.
Given where trade values are, not going to be a lot of equity left at the end of out in 45% deposit for interest only payments.
Seems like the dealers are desperately trying to hold firm on prices, hoping this will stimulate sales with lower monthlies. Still feels like catching a falling knife at the moment unless can deal in the £180’s-£190’s.

Agreed, at 170-190k it’s definitely worth a punt, not so at 220 imo

What else is better at 220k?

Lots of the back catalogue at much less?
Lots of Maccas.
Lots of Astons.

You would be simply *amazed* at the number of superb motor cars I can/could buy for less than £220k. This is even more so when the only reason said £220k purchase is being discussed is just to take advantage of a low interest rate. Oh and said £220k motor is shedding money faster than Russian Generals falling from windows.