Classic Car Finance

At Deal of Kelvedon , we recognise that classic cars can be a shrewd investment. In fact, in a recent Knight Frank Wealth Report, “Buying classic cars,jewellery and gold could be a better investment than investing in the FTSE 100 or a central London home”. – This is Money 26/11/15

We have access to a wide range of specialist funders to enable you to offer finance on classic vehicles. Each deal will be considered on a deal by deal basis.

Representative Example: Ferrari 360m Convertible, Spider. Date of registration 11/03/04

Classic car finance example

1. On the road cash price £55,000.00

2. Customer deposit £14,000.00

3. Total amount of credit £41,000.00

4. Total interest charges £5,739.52

5. Admin fee (payable with first payment) £150.00

6. Option to purchase fee (payable with with final payment) £80.00

7. Total charge for credit (4+5+6) £5,969.52

8. Balance payable (3+7) £46,969.52
First monthly payment (including admin fee) £1,123.74 46
Monthly payments £973.74
Final monthly payment (including option to purchase fee) £1,053.74
Total amount payable (2+8) £60,969.52

Representative APR 7.1%

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