How to finance a Ferrari in the UK

Step one: identify the Ferrari and confirm allocation or availability

The first step in financing a Ferrari is identifying the specific car. For current production from Maranello (296 GTB, Roma, Purosangue, 12Cilindri, SF90 Stradale, Daytona SP3), allocation sits with Ferrari S.p.A. and is communicated through the authorised UK dealer network. For used Ferrari (296 GTB, F8 Tributo, 488 Pista, 812 Superfast, Roma) and classic Ferrari (F40, F50, Enzo, LaFerrari, F12tdf), availability is dealer-confirmed at the point of purchase intent.

We can pre-structure the finance side before allocation is confirmed, so that when the dealer issues the invoice the credit agreement is ready to draw down. For limited-build Ferrari (Daytona SP3, SF90 XX, F12tdf, 458 Speciale Aperta), this matters: the cars typically have a short window between allocation confirmation and the dealer's deadline for funds.

Step two: choose the right finance product for the Ferrari

Ferrari finance is most commonly structured as one of four credit agreements: Hire Purchase, Lease Purchase, Personal Contract Purchase, or Equity Release against a Ferrari you already own. The right choice depends on the Ferrari, the deal size, your tax position, and your end-of-term preference.

Hire Purchase is the cleanest structure if you want to own the Ferrari outright at the end with no balloon payment. It suits company directors capitalising the car through a limited company and buyers who want certainty. Lease Purchase keeps the monthly payment lower than HP by deferring an agreed amount to a final balloon, and is the most common structure we arrange on current Ferrari supercar because the Ferrari residual market supports a meaningful balloon at 48-month terms.

Personal Contract Purchase (PCP) is similar to Lease Purchase but the commercial lender takes back the residual risk at the end via a Guaranteed Minimum Future Value. PCP works on Roma, Purosangue, and 296 GTB where the lender can set a confident GMFV. Equity Release is a refinancing arrangement against a Ferrari you already own, releasing the difference between current market value and outstanding finance; most useful on appreciating classics (F40, F50, Enzo, LaFerrari, 288 GTO) where the asset has materially outrun the original purchase price.

Step three: confirm eligibility and credit broker selection

Eligibility for Ferrari finance through a specialist commercial credit broker depends on three factors: the deal size (£25,000 minimum, no upper limit), the buyer's commercial profile (company directors, self-employed principals, high-net-worth individuals, family offices), and the asset itself (current and classic Ferrari from Maranello).

The credit broker selection matters. A specialist credit broker working with unregulated commercial lenders can structure a Ferrari deal that a mainstream retail finance product simply will not consider, particularly on classic Ferrari (F40, F50, Enzo), on limited-build modern Ferrari (Daytona SP3, SF90 XX Stradale, LaFerrari), and on heavily-specified cars where the option list materially affects the residual. A mainstream broker working with retail-credit lenders will typically struggle with these.

Step four: the application and underwriting process

Once you have identified the Ferrari and chosen the finance product, the application runs through us as credit broker. We collect a short summary of the buyer (limited company structure if relevant, demonstrated income or asset profile, intended use of the Ferrari, deposit available), the deal (dealer invoice or asking price, deposit, term, structure), and the vehicle (specification, mileage if used, provenance documentation).

The commercial lender underwrites against the asset, the buyer, and the deal structure. Decisioning on a Ferrari deal is typically days, not weeks; the underwriting process is closer to a corporate asset finance review than a retail credit application. Final terms are issued, the agreement is signed, and the funds are sent direct to the dealer at handover.

Indicative monthly payments by Ferrari model

The figures below are indicative only; final terms depend on the commercial lender's underwriting, your circumstances, and the vehicle's specification and provenance.

Ferrari Roma at £170,000 list, 20 percent deposit (£34,000) over 48 months on Lease Purchase with a 50 percent balloon and a 9.9 percent indicative rate: around £1,990 per month. Ferrari 296 GTB at £241,560 list, 20 percent deposit over 48 months on Lease Purchase with a 55 percent balloon: around £2,625 per month. Ferrari Purosangue at £313,000 list, 20 percent deposit on PCP over 48 months with a 45 percent GMFV: around £3,935 per month. Ferrari 12Cilindri at £320,000 list, 25 percent deposit on Lease Purchase over 48 months with a 55 percent balloon: around £3,070 per month. Ferrari SF90 Stradale at £500,000 list, 25 percent deposit on Lease Purchase over 48 months with a 55 percent balloon: around £4,800 per month. Ferrari LaFerrari at £3 million secondary market, 40 percent deposit on Lease Purchase over 36 months with a 60 percent balloon: around £14,850 per month.

Use our calculator on the home page or the Ferrari brand hub to plug in real numbers for your specific Ferrari, deposit, and term.

Common mistakes when financing a Ferrari

Three mistakes recur when buyers approach Ferrari finance for the first time. The first is assuming the OEM Ferrari Financial Services product is automatically the best deal. Ferrari Financial Services is a competent OEM finance provider, but on £25,000-plus deals (which is most Ferrari finance) the specialist commercial broker route routinely produces a sharper structure because the broker is not tied to a single lender's residual model.

The second mistake is treating Ferrari finance like mainstream car finance and assuming the 50 percent rule (voluntary termination under the Consumer Credit Act) will apply. It does not; unregulated commercial finance does not carry the regulated consumer credit protections. The third mistake is structuring the Lease Purchase balloon too aggressively. A 60 percent or 65 percent balloon on a current 296 GTB looks attractive on the monthly figure, but it leaves a £140,000-plus exposure at the end of the term; the right balloon is the one where the residual conversation at term-end is comfortable, not the one that minimises the monthly.