PCP what size balloon ?

[j3gme]

Hi always purchased my cars with a pcp through my company (NOT LTD ) and was looking at a Ferrari 430 £79000 what size balloon would you expect to get on such a car on a 4 year deal? I was thinking 40% any ideas?............thanks

[Pharoah]

Sounds about right to me - how old is the car?. I work for Lombard vehicle finance and for cars over £75k the finance parammeters at the moment are:

Deposit: Minimum 15% deposit up front.
Term: Maximum of 5 years on any vehicle.
Vehicle to be no older than 8 years old at the end of the agreement.
Balloon: At time of balloon payment, vehicle is to be no older than 5 years.
Maximum 80% of CAP monitor

If you have the reg I can give you a CAP value if its listed in CAP....

[j3gme]

Thanks Pharoah just looking for a guide at the moment, I do already have finance with Lombard so when Iam ready I will drop you a line thanks again for the response.