Aston Martin Finance Guide
Magnitude Team
Aston Martin is a popular brand among car enthusiasts, with a reputation for producing fast, reliable sports and luxury cars. If you’re interested in buying an Aston Martin, consider financing it with Magnitude. We’ll work with you to develop a bespoke finance plan based on our range of flexible finance packages, and can help you finance Aston Martin cars in a way that works for you.
- If you’re interested in financing an Aston Martin, this guide is made for you. We’ll cover:
- Highlights of the brand throughout its history.
- How you can finance an Aston Martin with Magnitude, and why we should be your go-to for luxury car finance.
- Why financing an Aston Martin is so popular.
- The range of finance packages Magnitude offers, and which one is right for you.
- Frequently asked questions regarding financing an Aston Martin, such as whether these cars are a good investment and if they’re worth the money.
The lasting impact of Aston Martin
Aston Martin’s history stretches back more than 100 years, to its founding in 1913, and since then the company has gained a reputation as a producer of timeless sports cars. However, it wasn’t until after the First World War that production really got started.
The company would change hands several times over subsequent years, but that didn’t stop them from producing a number of different cars. The Bertelli cars, for example, were produced between 1926 and 1937, and are identifiable by either their open two-seater sports models or their long-chassis models – though fewer of the latter were produced.
In the lead-up to the Second World War, the company produced 700 road cars. Car production shut down during the war and did not start up again until the late 1940s. Over the decades that followed, a number of cars that are now considered classics were produced, including the DBS in the late 1960s.
While the company frequently experienced financial difficulties throughout the 20th century, passing from one owner to the next, new cars continued to be made. These include the V8 Vantage in 1977 and the Volante in 1978.
Having produced race cars at one point in its history, in 2003 the company announced a return to making cars for motorsports by 2005. This resulted in the creation of the Aston Martin Racing division. The AMR team has gone on to be very successful, minning multiple Le Mans races in the process – a grueling 24 hour race for those not in the know, a testiment to the durability of the cars produced.
Despite the issues faced by the company, they continue to produce new cars to this day, with plans to create electric vehicles by 2025 with the help of Mercedes.
So, can you finance an Aston Martin?
Financing is a popular way to pay for an Aston Martin, as it gives you so many more options than buying a car outright. When you finance a car with Magnitude, you’ll be able to choose from our range of flexible plans, all of which can be tailored to you and your specific requirements and circumstances.
While there’s no avoiding the fact that, like all supercars, Aston Martins are expensive, car finance breaks the cost down into fixed monthly repayments that you’ll normally make over a period of several years. This helps to spread the cost out and makes paying for your Aston Martin more affordable, helping you to get behind the wheel sooner than ever.
There are many benefits to financing a car with Magnitude. For a start, we put the customer at the centre of the process of securing financing and make a point to get to know you in order to understand what you’re looking for in a finance package. We aim to make this process simple and straightforward, so once you’ve told us your finance needs, we’ll do the hard work. We’ll do our best to make finding finance fit around your lifestyle and keep in touch with you throughout, either in-person or through emails or phone calls. It’s all about what’s most convenient for you.
Not only this, but our website has loads of helpful advice on financing a car, in the form of our Car Finance Academy and extensive list of Car Finance Tips, so you can discover all there is to know about car finance before you even apply. This includes a variety of car buyer’s guides – including guides to Aston Martin and other supercars –and articles that cover many of the questions you might have about financing a car with Magnitude.
At Magnitude, there are a range of finance packages available. When you get in touch with us, we’ll talk you through your options to come up with a plan that suits you. For example, if you’re planning to keep your car after you’ve finished making repayments, we might suggest Hire Purchase Finance. Or, if you’d prefer to trade in or part exchange for a new model, we might explore a finance package such as a Personal Contract Purchase, which gives you the option to upgrade at the end of the plan.
We have options for drivers who have never financed a car before, as well as plans specifically designed for those with previous borrowing experience, such as Balanced Payments. Don’t worry if you’re not sure where to start with choosing a finance package, as that’s what we’re here for.
We also have an online Car Finance Calculator, which you can use to gain a better understanding of what you want from a finance plan.
We’ll discuss the merits of each type of finance, such as the flexibility of the various finance packages, the length of the repayment period and the size of the deposit. The length of the finance term will be customised to suit your individual circumstances. Deposits vary between plans – if you choose Hire Purchase Finance, for example, it will be between 10% and 40% of the car’s purchase price, while the deposit for a Personal Contract Purchase is usually between 10% and 20%.
Regardless of what sort of finance package you’re looking for, we’ll be on hand to offer advice and support throughout.
To learn more about what Magnitude can do for you, skip ahead to our finance section, where we discuss our finance packages in depth. When you’re ready to get started on financing an Aston Martin, get in touch with us and it won’t be long before the keys to your new car are in your hand.
Getting behind the wheel: Should I finance an Aston Martin?
Like many supercars, Aston Martins are undoubtedly expensive, which means that, for many people, buying one is a slow process. But when you choose to finance an Aston Martin with Magnitude, you’ll find that getting behind the wheel of your dream car is suddenly much more achievable.
Magnitude have been helping people like you to secure finance for almost 30 years, so we understand how important it is for you to be able to choose from a range of finance options. We offer 4 flexible finance packages and will work closely with you to identify your finance requirements and select the right plan for you.
Here are the finance packages offered by Magnitude, with an explanation of the benefits of each plan and some suggestions as to whom they might be suitable for. If, after you’ve finished reading this section, you’re still not sure which plan is the best for getting you behind the wheel of an Aston Martin, don’t worry – that’s what we’re here for. Get in touch and we’ll talk you through all the possibilities for financing an Aston Martin with us.
We’ll be on hand to provide advice and support throughout your car finance journey, and we make an effort to get to know you. This helps to ensure that your package fulfils all your finance needs and requirements, so you can drive away in your new Aston Martin as soon as possible.
We can talk to you face-to-face, over the phone or by email – it’s all about what works best for you and how we can fit around your lifestyle. Some of our panel of more than 20 lenders are major UK banks, who provide exclusive products for when you finance a car worth more than £25,000. This means we’re in a position to accommodate your preferences when it comes to car finance.
You can also take a look at our online finance calculator, which will help you to get a better sense of what you’re looking for from a finance package.
To learn more about how to get the most out of any of the finance packages listed here, we suggest exploring our Car Finance Academy. There, you can find information on a number of finance-related topics, such as different car models, tax and what happens after you get the keys to your new car.
Hire Purchase Finance
Hire Purchase Finance is a straightforward way to pay for an Aston Martin, and its simplicity makes it popular with customers who are keen to get behind the wheel. When you opt to finance an Aston Martin with Magnitude’s Hire Purchase package, you’ll be able to pay for your new car over a fixed period. The time frame varies, but the repayment period is generally between 2 and 5 years.
The Hire Purchase Finance plan begins with you making a deposit. This could be as little as 10% of the car’s purchase price but could be up to 40% or more. Something to keep in mind is that the more you pay on the deposit, the less you’ll have to repay over the course of the agreement term.
During the repayment period, you will not own the car. You will technically be borrowing it throughout the course of the loan, but once the final payment is made, it’s officially yours.
You should keep in mind that you’ll have to pay interest on the loan throughout the finance term. But aside from the interest, the amount you’ll repay each month is fixed at the start of the agreement, so you’ll never have to worry about that changing.
Personal Contract Purchase
When financing an Aston Martin, choosing the Personal Contract Purchase package gives you even more flexibility than Hire Purchase Finance.
As with Hire Purchase Finance, you’ll start by paying a deposit, usually between 10% and 20% – so if a low deposit is part of your idea of the perfect finance plan, a Personal Contract Purchase is definitely something you should consider. You’ll then make repayments every month until the end of the fixed term, normally between 36 and 48 months.
At the close of the term, you’ll have a number of options as to what happens next. If the car is in good condition, you’ll be able to return it, and you’ll have nothing more to pay. Alternatively, you could pay off the car’s Guaranteed Minimum Future Value, which would allow you to keep the vehicle. The third option is to part exchange, so you can upgrade to a new vehicle.
The monthly payments on a Personal Contract Purchase tend to be lower than with Hire Purchase Finance, although you should be aware that these payments are calculated from the amount you plan to borrow minus the Guaranteed Minimum Future Value.
If you’re someone who enjoys driving the latest model of Aston Martin, a Personal Contract Purchase might be right for you.
Hire Purchase with Balloon
If you like the sound of Hire Purchase Finance, you should also consider our Hire Purchase with Balloon package. In many ways, it’s similar to Hire Purchase Finance. You’ll start by making a deposit, then you’ll make monthly repayments which will usually end with you owning the car.
The difference between Hire Purchase and Hire Purchase With Balloon is that the Balloon package includes some of the benefits of the Personal Contract Purchase. At the end of the finance term, you’ll make a larger payment, or a ‘balloon’, which has the advantage of lowering your monthly repayments.
The initial deposit is flexible, typically between 10% and 30% of the car’s purchase price. Following this, the repayment period will be between 36 and 48 months. Hire Purchase With Balloon offers you the chance to part exchange your car at the end of the term, which, like PCP, makes it a great option if you’re someone who likes to drive new Aston Martins as frequently as possible.
If you’re struggling to decide between Hire Purchase Finance and Hire Purchase With Balloon, contact us so that we can help you to work out which package is best suited to your car finance requirements.
Balanced Payments
Another plan offered by Magnitude is the Balanced Payments package. If you choose Balanced Payments, you’ll be offered a highly competitive rate. However, this package is recommended specifically for those who have previous borrowing experience. If, for example, you’re a car collector who has financed vehicles in the past, Balanced Payments might be right for you. If you’re not sure, or you want to talk it over before choosing a finance package, get in touch with us. We’re on hand to help match you to a finance plan that fulfils all your requirements.
Balanced Payment finance begins with you making a deposit, then paying off the loan month by month. There are a number of benefits to this package, such as the deposit being relatively low, and, as with Hire Purchase Finance, you can keep the car after the final repayment is made.
The major difference between Balanced Payments and Magnitude’s other finance plans is that when you choose Balanced Payments, you’ll be subject to national interest rates. This means that the amount of interest you pay could change throughout the repayment period. It’s because of this that we suggest that Balanced Payments are best suited to those with previous borrowing experience, who understand the risks involved. Otherwise, consider exploring our other finance options, and remember that we’re on hand to help.
Can I tailor my finance package to suit my needs?
When you finance an Aston Martin with Magnitude, you can tailor your finance package to suit your needs. It all depends on what your long-term plans for the car are, as each type of finance provides you with different options at the end of the finance term. With that in mind, let’s look at some examples of different kinds of drivers and what kind of finance might work for them.
Finance for drivers who want to keep the keys
Maybe you’re a collector, or you’re looking to make a long-term investment in an Aston Martin. Perhaps, for you, the supercar experience means not just driving a prestige car, but owning it. If you’re looking for finance with the aim of making the car permanently yours, we have a number of options available to help make that happen.
To begin with, there’s Hire Purchase Finance, which is a popular choice for drivers who want the car to be theirs at the end of the agreement. After you’ve paid your flexible deposit (between 10% and 40% of the vehicle’s purchase price), you’ll repay the loan in fixed monthly payments over a period of 2 to 5 years. We can tailor the length of the agreement based on your circumstances as an individual – our plans are flexible, which helps to make finance work around you.
While the finance term is in progress, you will essentially be leasing the car, but once you’ve finished your repayments, it officially becomes yours, making this type of finance the obvious choice if you’re looking to finance an Aston Martin with the specific purpose of owning it.
If you’re interested in Hire Purchase Finance, you can read more about it here. You could also choose Hire Purchase with Balloon, which, as the name suggests, is similar to Hire Purchase Finance (and gives you several options at the end of the term, including making a final payment that will allow you to own the car), but is structured slightly differently, with lower monthly repayments and a balloon payment at the end.
If you’re an experienced borrower, you could also look into Balanced Payments. For those who have financed a car in the past, this is a great option when it comes to plans that let you keep your Aston Martin at the end of the agreement.
Finance for drivers who want to trade the car in for a new model
If you like the sound of upgrading to a new Aston Martin once you’ve finished your monthly repayments, look no further than the Personal Contract Purchase. This finance package is extremely popular with drivers who enjoy having the freedom to drive new and different models as much as possible.
There are several benefits to Personal Contract Purchase finance. For example, the fixed monthly rates tend to be lower than with a Hire Purchase agreement – PCP is all about flexibility. This is reflected in the deposit, which can be as little as 10% or as much as 20% of the purchase price.
At the end of the finance term, you can choose to part exchange. This lets you use any outstanding equity against your next purchase, which means that it won’t be long before you find yourself behind the wheel of another Aston Martin.
Finance for drivers who want to part ways with nothing more to pay
For some people, the end of the finance agreement means it’s time to move on to something else entirely. If this sounds like you, your ideal finance package will let you return your Aston Martin with nothing more to pay.
One of the options at the end of a Personal Contract Purchase will enable you to do exactly this – provided the car is in good condition. You will have to pay for any repairs required, but as long as you take care of the car throughout the finance term, you should have no problem returning the car once your repayments are finished.
Keen to finance an Aston Martin? Keep these things in mind:
For years, Aston Martins have had a reputation as classics of the supercar world, something that holds true to this day. The brand produces a range of cars to suit different drivers, which suggests that some of its popularity stems from how versatile it is.
If you’ve found the perfect car for you, you’re probably keen to get started on securing finance – but you might have a few questions regarding the cost of financing an Aston Martin and how long the finance term can be. This section will provide answers to these queries and get you ready to start your finance journey.
How much does an Aston Martin cost monthly?
The monthly cost of an Aston Martin really depends on how much it will cost in total – which, of course, varies from model to model. Let’s look at the Vantage, for example: this model comes with a price tag starting at £125,000, which is on the cheaper end for a new Aston Martin. Keep in mind that most new models cost upwards of £120,000.
Then there’s the DBS, which starts from around £240,000, the DBX from £162,625, and the DB11 from £150,000.
If you’d prefer to buy a used car, Aston Martin offers a selection of pre-owned models for you to choose from. Though still expensive, these come at a slightly lower price than the new cars, with prices starting at just over £66,000.
How much an Aston Martin costs monthly is based not only on the cost of the car itself, but the type of finance plan you use to pay for it. The size of the deposit you pay at the start of the agreement term, as well as the length of the term itself, will have an impact on your monthly repayments.
How long can you finance an Aston Martin?
How long you can finance an Aston Martin for varies based on which type of finance package you choose, although most will cover a few years. The best finance package for you is one that meets all your requirements, and takes your long-term plans for the car into consideration – for example, whether you want to own the car after you’ve finished your repayments, or you’d like to upgrade to something new. Magnitude offers a range of finance plans, so we can help you find one that works for you – see this guide’s finance section for more details.
Let’s say you choose to finance a car with the goal of eventually owning it. Because of this, you decide to pay for your Aston Martin with Hire Purchase Finance. With this type of plan, the finance term is usually between 2 and 5 years. The amount you pay each month is based on the price of the car and the size of your deposit, which is typically between 10% and 40%. The length of the finance term is affected by how much you want to pay each month – if you’re looking to make lower monthly repayments, the term will last longer.
On the other hand, you may not be sure if you want to keep the car or switch to a different model, in which case you might decide to go with the Hire Purchase With Balloon finance option. This allows you to pay off the vehicle’s outstanding value or part exchange at the end of the finance term. Hire Purchase with Balloon finance lets you pay over a period of 3 to 4 years, taking into account the deposit of 10% to 30% of the car’s purchase price.
Another option for financing an Aston Martin with us is the Personal Contract Purchase. With a flexible deposit of 10% to 20% of the purchase price, the finance term will usually be between 36 and 48 months. So, if you’d like to part exchange your car at the end of the contract, this is the kind of timeframe you’ll be looking at for financing an Aston Martin.
Why is financing an Aston Martin so popular?
Financing an Aston Martin with Magnitude is a very popular choice, but why? Well, it all comes down to the flexible range of finance plans we offer.
We provide a range of finance packages, such as Hire Purchase Finance (with or without a balloon payment option), Personal Contract Purchase and Balanced Payments. These let you make monthly repayments on your car, and there are a number of options on what happens to the car at the end of the term. Whether you’d like to own your car or you’d prefer to part exchange, we’ll identify a finance package that helps you get what you want. We can tailor our packages to suit you, so you’ll have access to car finance that fulfils all your requirements.
Another reason financing an Aston Martin with Magnitude is so popular is that we provide excellent customer service. After all, it’s your finance journey, so we think it makes sense to put you at the centre of the process. We can talk to you in-person, by email or over the phone – it’s all about what suits you.
We are experts at matching car lovers like you to finance packages that will soon get you behind the wheel of your dream car. With almost 30 years of experience and access to a panel of more than 20 lenders (some of which are major UK banks), we are the go-to option when it comes to financing supercars like Aston Martins.
But don’t just take our word for it. We have a customer rating of 5/5 on Trustist, and there are plenty of reviews that showcase our dedication to helping you find the perfect finance plan for your new Aston Martin.
Whether your ideal car is a classic or the latest model, we can help you to find the right finance package. Contact us today to get started.
Aston Martin finance packages – that won’t break the bank
We aim to make financing a car straightforward and stress-free. That’s why we make the process as simple as possible, and it all starts when you get in touch with us.
We offer a concierge approach to finance, which means we do the hard work for you. Your time is valuable, so we’ll compare finance plans to find one that’s right for you, keeping what you want from car finance in mind throughout.
We take the time to get to know all our customers – you’re an individual with specific finance requirements, and your finance package should reflect that. We make a point of finding out all about what you’re looking for in a finance package, including your long-term plans for the car, as this might have an impact on the type of finance that is best suited to you.
While all our finance packages are flexible, we can make suggestions as to how to get the most out of car finance. If, for you, the full Aston Martin experience means always driving the latest model, you may enjoy having the freedom to upgrade your car every few years. In this case, we may recommend plans such as the Personal Contract Purchase, which gives you the option to part exchange your vehicle after the loan is repaid.
Or, if you tell us that you’d like to own the car once the repayments are made, we could suggest a package that makes this possible, such as Hire Purchase Finance. For a more in-depth look at our finance packages, see this guide’s section on them.
As we work to find you the right finance package, we’ll take care to fit around your lifestyle. This means it’s up to you how we contact you to discuss your finance options. We’re able to meet you in person, talk to you on the phone, or hold discussions via email – it depends on what you prefer. You can also access our services online, through our finance calculator.
Throughout the process, you’ll have a dedicated account manager on hand, who can help make securing finance straightforward.
Getting in touch with us is easy – all you need to do is pick up the phone. You can also use our online contact form to send a general enquiry to a member of our team, or to request a callback.
At Magnitude, we’re specialists in helping our clients find finance for prestige cars such as the Aston Martin. We’ve been helping people to finance their dream car for almost 30 years, and in that time we’ve developed partnerships with both retailers and lenders, which has the benefit of simplifying and streamlining the process of matching you to the right kind of finance.
We have access to an extensive panel of more than 20 lenders, which includes some main UK banks. This is particularly beneficial to you as a client, as some of these banks can provide exclusive finance products for cars worth more than £25,000.
As experts in securing finance, we are trusted by many to provide excellent service – which our 5/5 rating on Trustist can attest to.
How to finance an Aston Martin: FAQs
By this point, you may be ready to get started on financing an Aston Martin with Magnitude – or you might still have some questions. For example, are Aston Martins a good investment, and are they worth the money? In this section, we’ll explore these questions, so that when you get in touch with us, you’ll be ready to start the process of financing an Aston Martin with confidence.
Are Aston Martins a good investment?
The short answer to this question is yes, Aston Martins are a good investment – the real question is what makes them a good investment. For a start, they’ve become notably more reliable in recent years. In the UK, a vehicle has an average lifespan of 8.4 years, while the Aston Martin’s lifespan is typically just under 10 years – so you know that when you invest in an Aston Martin, it’ll be on the road for quite some time.
There’s no avoiding the fact that investing in a supercar is a long game, but Aston Martin’s reputation as a classic car brand means that, if you’re patient, the investment will eventually pay off. As time passes, the value of some Aston Martins can appreciate, particularly if the model was scarce when you bought it or has become hard to find since.
For this reason, if you’re buying an Aston Martin as an investment, we suggest looking into older, classic or limited-edition models. You can learn more about the models that are currently available here.
With that said, don’t be put off from investing in a more recent model. If carefully maintained, these newer cars also have the potential to appreciate in value.
Are Aston Martins worth the money?
Whether Aston Martins are worth the money is arguably a matter of personal opinion, but there’s a lot to be said in their favour. As stated above, their lifespan is, on average, longer than that of a typical vehicle in the UK. A huge percentage of all of the cars they have built are actually still on the road, or in collections sitting pretty, very few actually ever disappear in terms of usage.
Although maintenance can be costly – and take longer than you might like – for some people, the experience of owning a supercar is worth it. Plus, like we said, the brand’s status and popularity among collectors mean the car’s value can appreciate, so it’s definitely worth the money if you’re looking to invest.
Financing your Aston Martin with Magnitude
If you’re ready to make your dream car a reality, it’s time to get in touch with Magnitude, your go-to for luxury car finance. Our range of flexible finance plans means we can help to match you to the perfect plan to pay for your new Aston Martin.
We aim to make securing finance for an Aston Martin a straightforward, stress-free process. A member of our team will discuss your options with you – we can do this over the phone, by email, or in-person, depending on what suits you. We put the customer at the centre of everything we do, so once we know your requirements for car finance, we’ll do the hard work for you. With access to a panel of more than 20 lenders, we’ll match you to the right one and take you one step closer to getting behind the wheel of an Aston Martin.
We also have an online calculator available, so you can get a better idea of what you’re looking for in a car finance package.
Now that you know all about how to finance an Aston Martin with Magnitude, there’s no need to wait. Talk to us today and it won’t be long before you’re driving away in your new car.