Magnitude Finance
5 Starts
Alex did an excellent job of getting the best finance quote by some distance and moving things along in a very efficient manner.
Finance for Ferraris - You find the Ferrari. We find the finance.
SPECIALIST FINANCE FOR FERRARIS
Ferrari have always held a special place in the pantheon of the great sports car manufacturers, and their star shines as brightly today as it did in the Enzo era.
Ferrari owners demand high-performance finance – Magnitude aims to deliver this. We have access to the most competitive rates from a panel of over 20 specialist prestige and performance car finance lenders so we can quickly search for and recommend the best rates and offers for you.
Our unique online finance calculator provides instant, accurate PCP, hire purchase and balanced payments estimates.
If you would like to vary the terms, reduce your monthly payments or find out more about the options available to you, please send us a message or call our team.
You’ll speak directly to someone who has arranged finance for many Ferrari cars – not a call centre.
Finance Types
Hire Purchase
Under a Hire Purchase agreement, you usually pay a deposit at the start of the agreement. You then pay the rest of the value of the car in instalments, over a period of between 3 and 5 years.
Balanced Payment Plan
A Balanced Payment Plan offers the benefits of a fixed monthly payment, however tracks the changes in the finance house base rate, LIBOR or bank base, depending on the agreement.
Personal Contract Purchase
PCP is a popular way of financing a vehicle and is usually based upon a Hire Purchase agreement. The main difference is that the vehicle’s value at the end of the agreement is calculated at the start.
Specialist Facilities
We have access to a number of specialist lenders that will look at high value vehicles over £1 million, classic and exotic cars, refinancing existing deals, equity release or even assets other than vehicles.
FERRARI FINANCING EXAMPLE
Representative example - Ferrari 488 GTB
£167,895
| Deposit | £20,000 |
| Amount of credit | £147,895 |
| Total amount payable | £193,646.36 |
| Final instalment/ balloon | £100,850 |
| Duration of agreement | 37 months |
| Regular monthly instalment | £2,019.01 |
| Representative APR | 6.9% |
| Rate of interest | 6.66% |
| Type of interest | Fixed |
*This Ferrari hire purchase with balloon finance example is for illustration purposes only. Please contact our finance team for a tailored quotation.
How it works
Our finance calculator and concierge
service makes financing your car simple.
How it works
1
Call us and get a tailored quote on your chosen car (or apply online).
2
When you are happy, we’ll create and submit your application to your chosen lender.
3
Once approved, pay a deposit to the dealer and sign & return the finance documents to us.
4
We pay the dealer - you pick up your new car!
Magnitude offer finance for all Ferrari models past and present, from the great V12 sports cars of the Sixties to the very latest supercars manufactured by Ferrari today.
Why choose Magnitude?
- Competitive rates
- Wide choice of agreements and lenders
- Expert advice
- Fast response times
- Ethical lenders
- Part of DSG Financial Services – 30 years of experience
Our experience is unrivalled
With over 30 years in business building strong relationships with consumers, dealers and manufacturers, no other prestige car finance specialist can match our experience.
As part of DSG Financial Services we have been able to negotiate the very best terms from our lenders on behalf of our customers, so you can expect lower rates than most of our competitors are able to offer – just try us and see.
Our commitment
Magnitude work in your best interests – not those of manufacturers or dealers – to always offer the best overall package for you.
Testimonials
Our concierge team love helping our customers finance their dream car. Get in touch with them to see how we can do the same for you.
Magnitude Finance
5 Starts
A great experience, Lou dealt with my application extremely well and got me a fantastic deal which fitted in with exactly what I was looking at. Very professional and very friendly. I would not hesitate in recommending!
Magnitude Finance
5 Starts
Tom at Magnitude was extremely helpful despite various issues with the dealership and remained professional throughout the entire process whilst getting be the best deal on the market. Thank you Tom!
Magnitude Finance
5 Starts
James at Magnitude Finance was integral in securing my car finance. He made it simple and easy. Have already recommended to several friends.
Magnitude Finance
5 Starts
Excellent service from Alex and the team, a extremely professional and quick service enabling me to get my car in a very quick time period
Magnitude Finance
5 Starts
Have used Magnitude several times over the past few years and have always found them to be very competitive, prompt and courteous people to deal with. I have no reservations in commending Alex and the team.