Our latest Fullbore Lite April 2024 is a glimpse...
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The purchase of any Aston Martin car can be a major capital outlay where clear thinking and a good buying strategy is important in making the purchase sound and viable. Raising the necessary funds rarely comes at the right time and often influences the decision to buy or not when a car of interest or indeed rarity comes to market.
In this article we want to focus on two examples from our stock which are both rare and of interest and can be bought using a strategic formula of capital raising. Being simple but innovative with funding options could be the defining factor as to whether an impromptu purchase is viable or not. The thoughtful use of car finance facilities is often the key to making your buying decision and understanding the flexibility of your payment plan, ensuring the monthly payments are within budget and suit your current circumstances and long terms objectives. Through our partner, Classic & Sports Finance, we again look at finance structures that may help in making your decision purchase a viable one.
This month’s case studies involve two desirable Aston Martin models from our stock which can be purchased on a cost-effective interest only facility. With a good deposit this can often be an effective use of funding as it provides a short term and flexible payment plan which can be review if there is any significant shift in interest rates. As a consumer and using a Regulated Hire Purchase facility you have full flexibility to make capital over payments or fully settle with no settlement penalties.
Purchase price: £92,950
Deposit value: £46,475
Balance to finance: £46,745
36 regular payments: £411.35
Final balloon of: £46,745
Interest calculated at £14,808.60 at 10.37% - APR of 11.2%, total amount payable £108,118.60, documentation fee of £100 on the first and £12 on the last payment. Subject to status and finance house underwriting. Regulated Hire Purchase interest only facility.
Purchase price: £350,000
Deposit value: £175,000
Balance to finance: £175,000
36 regular payments of £1,460.65
Final balloon of: £175,000
Interest calculated at £52,853.40 at 9.78% - APR of 10.26%, total amount payable £402,965.40, documentation fee of £180 on the first and last payments, Subject to status and finance house underwriting. Regulate Hire Purchase interest only facility.
For further details about these options or any other cars on our site visit our car Finance Page
