How to FINANCE your DREAM CAR is an important decision to make when buying your dream car.
If your looking to buy a car contact LukeHemingway@jacksons.gg or telephone 044 1481 235441.
Thank you to Van Mossel Automotive Group that allowed us to work in their showrooms. They are a large automotive company that originated in the Benelux. With over 7,000 employees, it has expanded to include 459 branches in Belgium, Germany, United Kingdom, France, Luxembourg, and the Netherlands 1, 2, 3, 4. They are one of the biggest automotive companies in the region.
So whether you’re starting with a five figure car or aiming for the stars with a seven figure hypercar, supercar, classic car, there are financing options available to you to make your dream purchase a reality. Remember to do your research and work with trusted professionals.
How to buy your dream car, whether it’s the 5-figure Mini Cooper S, 6-figure Porsche 911 GT, or the incredible Aston Martin Valkyrie.
This video outlines various financing options for purchasing a dream car, regardless of whether it’s a five, six, or seven-figure investment.
Here's a summary:
Five-Figure Cars (e.g., Mini Cooper S, $38,000): Hire Purchase (HP): Pay a deposit and make monthly payments until the car is fully paid off and owned.
Six-Figure Cars (e.g., BMW ix1, Aston Martin): Personal Contract Purchase (PCP): Make a deposit (sometimes zero), then monthly payments, with options at the end to buy, return, or trade the car.
- Cash Purchase: Immediate full payment avoids interest but needs substantial funds.
- Larger Deposits on HP or PCP: Reduces monthly payments and overall borrowing costs.
Seven-Figure Cars (e.g., Aston Martin Valkyrie, $2.3 million): Margin or Lombard Lending: Secure loans against existing assets (stocks, bonds, etc.) for better interest rates and flexible terms, which allows leveraging wealth without selling investments.
Potential to finance 100% of the purchase price based on asset liquidity.