Which Classic Ferraris Can Be Financed?
Our lender panel - primarily Arkle Finance and JBR Capital - will consider a wide range of pre-1990 Ferraris where the vehicle has clear title, specialist insurance, and verifiable provenance. Popular models include:
- Ferrari 308 GTB / GTS - Typical values £40,000–£120,000
- Ferrari 328 GTB / GTS - Typical values £60,000–£150,000
- Ferrari Testarossa - Typical values £80,000–£200,000
- Ferrari F40 - Typical values £900,000–£1,500,000+
- Ferrari 348 - Typical values £50,000–£100,000
- Ferrari 246 Dino - Typical values £300,000–£600,000
Key Lender Considerations for Classic Ferraris
Ferrari's factory build records (Classiche certification) carry significant weight with lenders. A Classiche-certified car will typically attract better LTV terms. Lenders will also require a specialist inspection report and agreed-value insurance from a recognised provider such as Hagerty.
Worked Example: 1988 Ferrari Testarossa at £120,000
| Parameter | Detail |
|---|---|
| Vehicle | 1988 Ferrari Testarossa (UK RHD, 32,000 miles) |
| Purchase Price | £120,000 |
| Deposit (25%) | £30,000 |
| Finance Amount | £90,000 |
| Product | Hire Purchase (JBR Capital) |
| Term | 48 months |
| Representative APR | 10.5% |
| Monthly Payment | approx. £2,323 |
| Total Cost of Credit | approx. £21,504 |
Ferrari Finance: HP vs Lease Purchase
For classic Ferraris, Hire Purchase is usually preferred as the buyer intends to own the asset outright. Lease Purchase with a balloon can reduce monthly payments but leaves a larger lump sum at the end - suitable where the buyer expects the car to hold or increase its value and plans to refinance or sell.