Deposit requirements by car type
New supercars from franchised dealers: 10-20%. The clearest security for a lender - the vehicle's value is certain. Manufacturer deposit contributions on new cars can sometimes reduce the effective deposit.
Used supercars from approved dealers: 15-25%. Well-documented, well-understood cars (Porsche 911, Ferrari 488, Lamborghini Urus) attract the lower end. Older or more specialist cars attract the higher end.
Classic and investment supercars: 25-35%. The specialist valuation requirement and limited secondary market liquidity drive higher deposits.
Hypercar-level cars (Bugatti, Pagani, Koenigsegg): 30-45%. At these values, deposit and LTV are individually negotiated based on the full borrower profile.
What increases the deposit requirement
Higher mileage than typical for the car's age: A well-maintained car with high mileage still finances - but the advance rate reduces as lenders build in additional residual value caution.
Service history gaps: Missing Ferrari, Lamborghini, or Porsche main dealer stamps reduce the lender's confidence in the car's condition and value. A complete service history is the single best way to maintain a strong advance rate.
Modifications: Aftermarket modifications - non-standard wheels, lowered suspension, engine modifications - reduce advance rates. Factory options add value; aftermarket modifications generally do not.
Complex or adverse credit history: CCJs, defaults, or missed payments in your recent credit history increase the required deposit. Some specialist lenders will still finance but with a higher deposit and/or higher rate.
Vehicle age: Older vehicles attract higher deposits due to less predictable residual values.
What reduces the deposit requirement
New cars with deposit contributions: Manufacturer finance arms occasionally run promotional deposit contributions on new cars - effectively reducing the deposit required.
Strong financial profile: A borrower with a strong net worth, clean credit, and verifiable income across the full application will typically access the lowest deposit requirements on any given car.
Full and complete service history: Nothing does more to reduce the deposit on a used supercar than a complete, properly stamped service history from approved service centres.
Recognised dealer provenance: Purchasing from a franchised or approved dealer versus a private seller makes a meaningful difference to the lender's confidence - and the deposit required.
Balloon structure: A lease purchase (balloon) agreement provides lower monthly payments with a deferred balloon. The effective deposit requirement is the same, but the monthly payment structure is more affordable.
Can I borrow the deposit?
The supercar finance deposit cannot be borrowed from the same lender as the car finance - it represents your equity contribution.
However, the deposit can come from:
Proceeds from selling another car: Part-exchange your existing car, or sell it privately, and use the proceeds as the deposit on the new one.
Car equity release from another vehicle: If you own another car (or the same car being refinanced) outright, you can release equity from it to fund the deposit.
Property equity: A second charge on a residential or commercial property can provide the deposit funds. We arrange both the property finance and the car finance.
Lombard loan against an investment portfolio: Borrow against your investment portfolio without selling - use the capital as the deposit on the car.
Business cashflow: For company car finance, the deposit may come from company reserves.