Ferrari Finance New Rates

[Stark999]

What do you think this says when Ferrari finance have lowered their rates to below 5% - pretty good, but min. 20% deposit as per usual requirements even if you are a regular buyer

I know for a fact there are a lot of Ferraris out there to sell. Romas’, 296 and SP’s - bargains to be had

[Trev450]

I would assume even the premier brands are feeling the squeeze that the rest of the car market currently is.

[Stark999]

I was looking forward to going to Salon Prive next month and they have said this;

It is with much regret that we have decided to postpone our 4th edition of Salon Privé London to April 2026, with market conditions and lack of exhibitor appetite being the principal reasons. We simply couldn’t open the event without a lawn full of the latest supercars, hypercars, luxury brands and boats for you all to browse and enjoy. So, it’s on to Salon Privé Blenheim Palace we go, where we will celebrate 20 years come late August, in true Salon Privé style.

[JJ77]

They could easily fill the lawn with new Supercars, they have got loads of inventory to sell!

I think this is because new buyers are tired of the new offerings and the prices they are now charging and their hybrid market is in freefall, who wants to spec a car wait a year and take a 100k loss after driving it out of the showroom. People want the back catalogue cars now, Ferrari are selling well in this segment.

[Davetherave95]

Stark999 said:

What do you think this says when Ferrari finance have lowered their rates to below 5% - pretty good, but min. 20% deposit as per usual requirements even if you are a regular buyer

I know for a fact there are a lot of Ferraris out there to sell. Romas’, 296 and SP’s - bargains to be had

Is this across all UK dealers now? Rates always seemed to vary between dealers in the past. Seems like good value to me.

[Stark999]

Yes of late they have all been the same - and this now applies to all dealers. Would have liked a 296 GTS but with the new Pista model to be launched, didn’t know how this would affect prices

[Davetherave95]

With these rates I'm sure many more will be tempted into ferrari ownership. My last ferrari finance was 10% from memory.

[Calculator]

Is this just on new orders?

[Stark999]

Pre Approved cars too. Hatfield called me, person I buy from called James

[andy_ran]

Stark999 said:

Pre Approved cars too. Hatfield called me, person I buy from called James

Interesting - I am in the market for a 488 and am considering going via main dealer - that rate seems good currently

Anyone have any recent experience with people like Supercar Finance and Apollo for comparisons?

[Guyr]

Is that 5% APR or 5% Flat Rate (which is around 10% APR)?

[Stark999]

It’s 4.8% APR

[kbf1981]

Stark999 said:

What do you think this says when Ferrari finance have lowered their rates to below 5% - pretty good, but min. 20% deposit as per usual requirements even if you are a regular buyer

I know for a fact there are a lot of Ferraris out there to sell. Romas’, 296 and SP’s - bargains to be had

What's an SP?

An sp1 / 2 / 3?

[Stark999]

Sorry I meant SF

[DeejRC]

Stark999 said:

It’s 4.8% APR

This is *very* good!

[jimbojones81]

It's certainly tempted me in, appointment made at my local dealership. Been looking at either a 488 or 296 for quite a while.

[maura]

Stark999 said:

Pre Approved cars too. Hatfield called me, person I buy from called James

Pre approved, that’s great and long overdue. They will sell a lot of cars in the 130k to 180k bracket now, F12,488 & 458.

[Stark999]

Did they confirm the rate reduction on the finance? I’d love a 296 GTS but little out of my price bracket so have gone for a new Black Aston Martin DB12 Volante Instead

[Stark999]

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

[Trev450]

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