Ferrari Financial Services

[leemanning]

Hi all

Looking into getting my first piece of exotica! I'm being told different things by different main dealers though and wondered if you guys may be able to advise.

I'm being by some that FFS will only accept a minimum 15% deposit, whereas another dealer is OK with less than this.

Any experiences on this one guys and girls?

[leemanning]

Hi All

Sorry to bump a thread, but does anyone know for sure on this one?


Thanks

[leemanning]

Hi guys

Thanks for the updates. I have used Oracle a few times myself, but they can't offer the type of deal I'm after on this one.

It seems that FFS can offer a balloon type agreement even on slightly older cars (Oracle can only offer this on cars that will be under 10 years old at the end of the agreement). Whilst I know that dealer finance typically attracts a higher APR, they generally are willing to discount the finance to whatever they need to in order to shift the car.

With Oracle, they will always be making a profit on this finance, whereas a dealer can choose to do this against the car, the finance, both or neither.

Thanks for your suggestions guys, but I'm still not 100% sure if 15% is the min with FFS or not

[leemanning]

Just as an update to this for anyone searching in the future, it seems that 15% really is the min deposit for ferrari financial services.

If you have purchased a couple of cars before, they'll let you run with 10% in. New customers it is 15%.