Specialist supercar finance for UK buyers

Can you finance a supercar?

Yes. A supercar is financed on Hire Purchase, Lease Purchase, contract purchase PCP or equity release, and it is the deal size rather than the badge that decides which finance house writes it. A business agreement sits outside consumer credit, so a commercial underwriter assesses the asset and the borrower together instead of running a retail scorecard.

The cars our panel funds most often are the Ferrari 296 GTB and 12Cilindri, Lamborghini Revuelto and Urus Performante, McLaren 750S and Artura, Aston Martin DB12 and Vantage, and Porsche 911 Turbo S and GT3 RS. New, used, allocation-led or bought privately, the supercar finance runs in parallel with the purchase rather than after it, and ownership at the end of it is the point of every structure except one.

How supercar finance works

Supercar finance works by a commercial lender advancing the purchase price against security over the vehicle itself. You pay a deposit, then a fixed monthly amount across the term, and ownership passes either on the final instalment or once a deferred balloon payment is settled. That is the whole of the financing in one sentence; everything after it is detail.

The difference from mainstream car finance is who is being underwritten. A high-street desk prices from a trade book and an affordability model built on payslips. Our lenders price supercar financing from the vehicle and from the accounts behind it, which is why dividend income, retained profit and lumpy self-employed earnings read normally here and badly elsewhere.

The same lenders write supercar finance, classic car finance and luxury car finance, so a vehicle that straddles two categories does not fall between two desks. A 1990s Ferrari or an air-cooled Porsche is a supercar to one underwriter and a classic car to another, and placing it with the lender who reads it correctly is most of what a broker does. Refinancing a luxury car you already own runs off the same panel.

Full mechanics for each structure sit on the product pages linked at the foot of this one. Before that, the finance calculator on this site will take a price, a deposit, a term, a rate and a balloon payment and return the monthly cost, which is the fastest way to test whether the deal you have in mind actually works.

Your four supercar finance options compared

Four finance options cover almost every supercar deal. Hire Purchase spreads the cost of the whole balance with no balloon payment and suits a director putting the car on the balance sheet, because ownership transfers cleanly at the end. Lease Purchase defers an agreed sum and is what we write most at £100,000 and up, because the balloon is what brings the monthly figure down.

Personal contract purchase looks like Lease Purchase until the final month, when the deferred figure is guaranteed by the finance house rather than by you. Understanding that one difference is most of understanding the four structures. Equity release runs the other way: refinancing a supercar already in your name advances the gap between today's valuation and anything still outstanding, and it is the quietest half of the supercar finance market.

Supercars and hypercars we finance

Five marques carry most of the current market. Ferrari supplies the 296 GTB at £241,560, the 12Cilindri at £320,000, the Roma, the Purosangue and the SF90 Stradale. Lamborghini supplies the Revuelto at £335,000 alongside the Urus and the run-out Huracan. McLaren supplies the Artura and the 750S at £225,000.

Aston Martin supplies the DB12 at £185,000, the Vantage, the DBX 707 and the run-out DBS Superleggera, and Porsche supplies the 911 Turbo S and GT3 RS alongside the wider 911, 718, Cayenne, Panamera and Taycan range. Above them sit the limited-build cars covered on our hypercar page, which the same panel funds.

Cost considerations: deposit, term, rate and balloon payment

Four inputs set the cost of supercar finance and nothing else does. Deposit sets how much is borrowed. Term sets how long the borrowing runs. Rate is what the finance house charges on it. The balloon payment is the slice of the capital pushed to the final month, and of the four cost considerations it is the single most powerful lever on the monthly figure.

A larger balloon payment lowers the monthly cost and raises the total interest paid, because more capital sits outstanding for longer. A shorter term does the reverse. Deposit is the input a lender will move on where the asset is strong, so bring the car and the deposit to the first conversation together.

The rate is the input buyers watch and the one they control least. It is assembled from the lender's cost of funds, a margin for the borrower and a margin for the vehicle, and it is that vehicle margin which separates specialist car finance from the high street. A vehicle with deep resale data and an obvious second buyer prices at the bottom of our band; a thinly traded classic prices at the top.

Run all four through the supercar finance calculator before you commit to any of them. Comparing a low monthly payment against a low rate is the mistake made most often at this end of the market, because a large balloon payment flatters the monthly figure and quietly adds to what the car costs across the term.

What happens when a supercar agreement ends

On Hire Purchase the finance agreement simply stops. The final instalment passes ownership to you, the finance house's interest is removed and the car is unencumbered. Nothing is left to decide and nothing is left outstanding.

On Lease Purchase there are three routes through the balloon payment: settle it from cash and keep the car, refinance it over a further term, or sell and settle it from the proceeds. On personal contract purchase the lender's guaranteed future value gives you a fourth, which is handing the car back and walking away.

Because these are commercial agreements rather than regulated ones, early settlement is what was negotiated at the outset rather than a statutory formula. That is worth agreeing before you sign, not after. The supercar finance FAQs below cover the questions that follow from it.

Used supercar finance and why it often costs less

Most of what we place is used, and the reason is arithmetic. A new supercar takes the steepest part of its depreciation in three years. A three to five year old car has already absorbed it, so the buyer funds a smaller capital cost against a residual that has flattened out, and the monthly figure on a used car is frequently lower than on a new one bought for the same money.

Structures do not change with the age of the vehicle. Hire Purchase, Lease Purchase and equity release are all available on used stock. Personal contract purchase is the exception, because a lender is cautious about guaranteeing a future value on an older vehicle and will steer you to Lease Purchase, where the residual sits with you and can therefore be set realistically.

Used stock is also where refinancing does most of its work. A car bought for cash two years ago can be refinanced now to release the deposit for the next one, and the funders writing purchase finance write that refinance too. Where a car sits closer to the luxury car finance end of the market, a Bentley or a Rolls-Royce rather than a mid-engined two-seater, the same principles apply and our luxury car finance page carries the model detail.

Who can apply and how the process runs

The borrower is normally a limited company, a sole trader, a partnership or a high-net-worth individual borrowing for business purposes, because every agreement is written under the business lending exemption. There is no vehicle age cut-off at the end of the term, which is the rule that most often blocks a used supercar on a mainstream motor finance product.

Company car finance and personal car finance are underwritten differently, and the difference is worth knowing before you pick the entity. Company finance is assessed on filed accounts and the directors behind them. Personal finance at this level is assessed on assets and on how the payments are serviced. Either way the financing is commercial rather than consumer, and either way the finance house wants the deposit source evidenced before drawdown.

1. 1

   Tell us the car and the shape

   The vehicle, the deposit, the term and whether you want a balloon payment at the end. We will tell you what an underwriting desk is likely to make of the specification and the history.

2. 2

   Indicative terms from the panel

   We take a view from the lenders most likely to write that car well rather than sending one application to one desk. Nothing at this stage touches your credit file.

3. 3

   Formal submission

   The deal goes to the chosen lender with the entity taking the agreement, filed accounts where a company is involved, and the source of the deposit.

4. 4

   Underwriting and asset verification

   Borrower and asset are assessed in parallel: specification, mileage, allocation history, any finance outstanding against the car.

5. 5

   Documents and payout

   Funds go to a franchised dealer, an independent specialist, an auction house, a private vendor or an overseas seller. Straightforward deals complete in two to five working days.