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Ferrari 296 GTB Finance
2022-present
830 bhp
Power
2.9s 0-62mph
Acceleration
205 mph
Top Speed
Finance from
£2,584 a month
Indicative, on Lease Purchase
List price
£241,560
Specified to £320,000
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296 GTB finance from £2,584 a month
- £2,584
- Per month
- £48,312
- Deposit
- 830 bhp
- Power
- 9.9%
- Indicative rate
Lease Purchase, 48 months
20% of £241,560
3.0L V6 Twin-Turbo Hybrid
Nominal annual, subject to underwriting
Indicative, not a quotation. Calculated on the £241,560 list price at 9.9% nominal over 48 months.
The 296 GTB is the most straightforward Ferrari in the current range to put on finance, and the reason is unglamorous: Maranello builds enough of them. A specialist commercial lender has a sales record to price against, so it will quote a competitive rate, set a realistic residual value and, unusually for this catalogue, guarantee a future value if you want it to. Lease Purchase is where most 296 GTB agreements land.
Ferrari 296 GTB finance deals and what they cost
Supercar finance deals are usually quoted as one monthly figure with the structure hidden behind it, which makes them impossible to compare. The table prices the same Ferrari 296 GTB three ways, on a 20% deposit of £48,312 over 48 months at an indicative 9.9% nominal. Only the structure changes, so the gap between rows is the cost of the structure rather than the car.
| Vehicle | Structure | Price | Deposit | Term | Balloon | Rate | Monthly |
|---|---|---|---|---|---|---|---|
| Ferrari 296 GTB | Hire Purchase | £241,560 | £48,312 (20%) | 48 months | None | 9.9% | £4,892 |
| Ferrari 296 GTB | Lease Purchase | £241,560 | £48,312 (20%) | 48 months | £135,274 (56%) | 9.9% | £2,584 |
| Ferrari 296 GTB | Personal Contract Purchase | £241,560 | £48,312 (20%) | 48 months | £111,118 (46%) | 9.9% | £2,996 |
Indicative only and not a quotation. Figures are calculated on a balance-with-balloon amortisation at the nominal annual rate shown, and assume no fees. Final terms depend on the commercial lender's underwriting, your circumstances, and the vehicle's specification and provenance.
Hire Purchase amortises the whole balance, which is why it is the highest payment at £4,892 and the only row with no final payment to plan for. Lease Purchase defers £135,274 to a final balloon, taking £2,308 a month off. Personal Contract Purchase looks similar and differs underneath, because that final payment is a Guaranteed Minimum Future Value the lender stands behind rather than a balloon you have agreed to pay.
What makes the 296 GTB different from the rest of the Ferrari range on a lender's screen is that it is a normal car in volume terms. It has been in production since 2022, it sells in the numbers a series berlinetta sells in, and there is now a used market several years deep. A commercial lender pricing a 296 GTB is not guessing. That is worth more to the monthly payment than any negotiation over rate, because a lender that can forecast a residual will lend against it, and a lender that cannot will simply amortise the whole balance and hand you the higher figure.
The 3.0-litre twin-turbo V6 hybrid is the part of the specification that generated most of the early argument and almost none of the underwriting concern. Eight hundred and thirty brake horsepower from six cylinders was a departure for a road-going Ferrari, and the market decided within about a year that it did not care. The hybrid system carries its own service considerations, which matter to a four-year agreement, and we cover those below, but nothing about the powertrain has made lenders cautious about the car.
The one place the 296 GTB does behave like the rest of the range is the options list. A car leaves the factory at anything from the list price to comfortably beyond it, and a lender does not value those options at what they cost. Carbon wheels, an Assetto Fiorano package and a full carbon interior add materially to the invoice and only partially to the residual value, which is why the deposit you put down matters more on a heavily specified car than on a standard one.
Calculate your 296 GTB finance
The finance calculator below runs the same arithmetic as the tables above. Change the deposit, the term or the amount deferred and the monthly payment moves with it, so you can model the agreement you actually want on a 296 GTB. Car finance on a £241,560 asset is priced on the car as much as on you.
Vehicle Config
mi
£
Lease Purchase
£
Ready to Calculate
Indicative Lease Purchase payment for this vehicle, based on a 20% deposit over 48 months:
From
£2,584 / month
Click Get Quote for a personalised breakdown including AI market analysis.
Which finance structure suits the Ferrari 296 GTB
| Structure | Monthly | Final payment | Ownership | Suits you if |
|---|---|---|---|---|
| Hire Purchase | £4,892 | None | Yours on the final payment | You own it at the end and want no balloon to plan for |
| Lease Purchase | £2,584 | £135,274 | Yours from day one | You want the lower payment and will settle or refinance the balloon |
| Personal Contract Purchase | £2,996 | £111,118 guaranteed | Optional, on paying the GMFV | You want the lender rather than you to carry the residual risk |
Computed at 9.9% over 48 months on a 20% deposit.
Our answer on the 296 GTB is Lease Purchase. It gives you the lower monthly payment without asking you to accept a guaranteed figure the lender has deliberately set light, and on a car whose value is predictable enough to forecast, carrying that residual yourself is usually the cheaper side of the trade.
Personal Contract Purchase is the better answer if you intend to change the car at the end of the term and want the option of walking away from it. Lenders will write PCP on a 296 GTB, which is not true of most of the Ferrari catalogue, and the Guaranteed Minimum Future Value they set becomes your protection if the used market softens. You pay for that protection in a slightly higher total cost, and on this particular car we think you are buying insurance against a risk that is fairly small.
If you came here looking for Ferrari 296 GTB leasing or lease deals, the distinction worth knowing is that we do not arrange contract hire, where the car goes back at the end and was never yours. Lease Purchase is the structure closest to what most people mean by leasing a 296 GTB: the same lower monthly payment, with legal ownership from the first payment. Contract hire on cars of this value is rare, and sites offering it usually quote short-term rental rather than finance.
Ferrari is two residual markets sharing a badge, and the finance structure that fits one of them does not fit the other. The Ferrari 296 GTB sits inside that position as a series-production car with enough of a sales record behind it for a lender to forecast.
What a lender sees in the Ferrari 296 GTB
A commercial lender underwrites the Ferrari 296 GTB as an asset before it underwrites you as a borrower. The engine is where that starts: a 3.0L V6 Twin-Turbo Hybrid engine producing 830 bhp, with 2.9s 0-62mph and 205 mph, puts this car in a category a specialist lender recognises. A 296 GTB at £241,560 and specified to £320,000 is also not one asset with one value, and options rarely come back at what they cost.
| 296 GTB | |
|---|---|
| Engine | 3.0L V6 Twin-Turbo Hybrid |
| Power | 830 bhp |
| Torque | 740 Nm |
| 0-62mph | 2.9s 0-62mph |
| Top speed | 205 mph |
| Transmission | 8-speed dual-clutch |
| Drivetrain | RWD |
| List price | £241,560 |
| Specified to | £320,000 |
| Production | 2022-present |
The plug-in hybrid system is the specification detail with the most bearing on a long agreement. The high voltage battery has its own service schedule and warranty position, and a lender writing a 60-month term on a 296 GTB wants to know the car will still be inside a recognised maintenance programme when the agreement ends. Ferrari's extended maintenance cover is the usual answer, and a car carrying it is a materially easier proposition.
Rear-wheel drive and 830 bhp put this car in the insurance and usage bracket a specialist lender expects, which sounds obvious until you have seen a mainstream funder decline it on those grounds alone. The commercial lenders we work with underwrite the 296 GTB as a normal asset in an unusual category, not as an exception.
Provenance on a car this recent means the order paperwork and the service history, not a chassis file. A 296 GTB with a documented single owner, a main dealer service record and no accident history prices differently from an equivalent car with a gap in the record, and the difference shows up in the residual value the lender is willing to set rather than in the rate.
296 GTB features that bear on the valuation
- Plug-in hybrid powertrain
- Active aero dynamics
- eManettino drive modes
- 25km electric-only range
- Ferrari Styling Centre design
What a lender wants to see on a 296 GTB
- Full Ferrari main dealer service history, with the hybrid system inspections recorded
- Confirmation of the remaining maintenance and warranty cover, and whether it has been extended
- The original order specification, so the options on the car can be valued rather than guessed at
- A clear finance and damage record, with nothing outstanding against the vehicle
- A deposit that covers the gap between the invoice price and the lender's valuation on a heavily optioned car
Financing a used Ferrari 296 GTB
There is now a genuine used 296 GTB market, which was not true two years ago, and it has changed the finance conversation. Early cars changed hands above the list price through 2022 and into 2023 while the order book ran long, and that premium has since closed. Buying a two or three year old car rather than ordering new takes the steepest part of the depreciation curve out of your agreement, and it is the single most effective thing a buyer can do to reduce the monthly payment on this model.
Mileage matters less on a 296 GTB than most people assume and specification matters more. A car with 12,000 miles and the right options list is an easier asset to fund than a delivery-mileage car in an awkward colour with a thin specification, because the lender is pricing what it could sell the car for rather than what it looks like on the odometer. We would rather place a well specified used car with honest mileage than a car nobody wants at any price.
Pre-owned cars price the same way with smaller numbers. A used 296 GTB at £135,500, on the same 20% deposit and 9.9% rate, comes to £2,744 a month on Hire Purchase. Age matters less to a lender than provenance, whatever the mileage reads.
How the Ferrari 296 GTB holds its value
The 296 GTB depreciates, and the honest version of that is that it depreciates in a way a lender can model, which is exactly why it finances well. Ferrari's residual position puts the series cars from Maranello, the Roma, the Purosangue and this one, on the conventional side of a marque that is really two markets. The limited-build side of the catalogue behaves entirely differently, and the 296 GTB is not on it.
The variant question is the one to watch. The 296 GTS convertible and the track-focused derivatives sit in a different part of the market from the standard GTB, and history across the F8, 488 and 458 generations says run-out and hardcore variants firm up as production ends while the standard berlinetta continues down. That is the pattern to hold in mind when you weigh what a 296 GTB is worth at the end of a four-year term.
The 296 GTB is the rare Ferrari where the lender is comfortable enough to guarantee a future value. That is worth more to your monthly payment than anything you will negotiate on rate.
Everything here about the 296 GTB market is commentary on transactions that already happened, not a valuation and not a forecast. The residual value in your agreement is the lender's figure, set on the specific Ferrari you are buying.
Part exchange and settlement on a Ferrari 296 GTB
Three things can happen at the end of a Lease Purchase term on a Ferrari 296 GTB, and it is worth knowing which you are planning for. You settle the £135,274 balloon and keep the car, you refinance it over a further term, or you part exchange the 296 GTB and take whatever sits above the balloon as equity toward the next one.
Running costs on a 296 GTB land in the same budget as the monthly payment. Annual servicing, tyres worn at the rate 830 bhp implies, and supercar insurance are substantial but predictable. The exception is the hybrid battery service position late in a long agreement, worth resolving before you choose 60 months over 48.
Ferrari's included maintenance package runs for the first several years from registration, and a car still inside it costs little to own during the agreement. On a used 296 GTB, ask whether that cover has been extended: the answer moves the four-year total more than a point on the rate would.
Part exchange is the route most owners take, and it is where the residual value does the most work. If the 296 GTB is worth more than the balloon, the difference becomes the deposit on your next agreement. If it is worth less, the Guaranteed Minimum Future Value protects you on Personal Contract Purchase, while on Lease Purchase the shortfall is yours.
Early settlement is available on every structure we arrange, but the settlement figure is calculated under the terms of the agreement rather than under the Consumer Credit Act rebate rules. Ask us for it in writing before you fix a sale date on the 296 GTB.
How we arrange Ferrari 296 GTB finance
Tell us about the car
Specification, mileage, history and where you are buying the 296 GTB. On a £241,560 asset the car drives the underwriting as much as you do.
We approach the right lenders
Not every commercial lender writes Ferrari paper, and those that do price it differently. As an independent credit broker we place the deal across a panel.
We structure the agreement
Deposit, term and the deferred amount. A 20% deposit of £48,312 over 48 months is our starting point on the 296 GTB.
Underwriting and payout
The lender verifies the car and your position, issues the credit agreement and pays the vendor. Most 296 GTB agreements complete inside a week, anywhere in the United Kingdom.
Other Prancing Horse models we finance
The Ferrari 296 GTB sits at £241,560 in a range we finance end to end. Either side of it are the F8 Tributo at £213,000 and the 812 Superfast at £270,000, and the monthly payment moves broadly in step with list price when deposit and term are held constant.
The other Ferrari cars we arrange finance deals on are the Ferrari F8 Tributo, the Ferrari SF90 Stradale, the Ferrari Roma, the Ferrari Purosangue, the Ferrari 812 Superfast, the Ferrari 12Cilindri and the Ferrari LaFerrari, each with its own page and payment table, because a lender does not price a range, it prices a car.
Ferrari 296 GTB finance FAQs
On the £241,560 list price with a 20% deposit of £48,312 over 48 months at an indicative 9.9% nominal, a 296 GTB comes to £2,584 a month on Lease Purchase and £4,892 on Hire Purchase, the difference being the £135,274 balloon deferred to the end of the term. Every figure on this page is computed live from that list price, so use the finance calculator above to model your own deposit and term rather than relying on a fixed example.
Yes, and that is not true of most of the Ferrari range. Because the 296 GTB is a series-production car with a sales record behind it, a specialist commercial lender is willing to set a Guaranteed Minimum Future Value on it and carry the residual risk itself. On the limited-build Ferrari catalogue, the Icona cars and the historic models, lenders decline to set a GMFV and Personal Contract Purchase is effectively not written.
Not in the sense people usually mean. The 296 GTB is a series car that gives up value over the first few years in a way a lender can forecast, which is precisely what makes it finance well. The Ferraris that have appreciated are the limited-build cars, so if capital appreciation is the objective, the structure and the car both need to be different. Better to hear that now than at the end of the term.
A 20% deposit, or £48,312 against the £241,560 list price, is our starting point and where most 296 GTB agreements are written. A larger deposit lowers the payment and widens the panel of commercial lenders willing to quote. On a heavily optioned car the deposit also has to cover the gap between what you paid and what the lender values, or the agreement opens in negative equity and stays there.
Yes, and on this model it is often the better financial decision. A two or three year old 296 GTB has already given up the steepest part of its depreciation, so the same deposit buys a lower monthly payment and the residual value the lender sets is proportionally more robust. What the lender wants is a documented car: full main dealer history including the hybrid system inspections, a clear finance and accident record, and the original order specification.
No. We arrange 296 GTB agreements for company directors capitalising the car through a limited company, for self-employed buyers and for high net worth individuals buying in their own name. What matters is that the agreement is commercial finance above £25,000 rather than regulated consumer credit, which at this price point it always is. We are the credit broker rather than the lender, and we are not authorised by the Financial Conduct Authority.
Ferrari finance by structure
This page covers the 296 GTB. For how each structure behaves across the Prancing Horse range, including the models we place on it and the ones we do not, the four pages below go a level up.
Ready to finance a Ferrari 296 GTB?
Tell us about the car and we will come back with terms from the commercial lenders that write Ferrari paper. From £2,584 a month on Lease Purchase.