Financing 500k for a car. Which lender | Page 3 | FerrariChat
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Financing 500k for a car. Which lender

Discussion in 'Ferrari Discussion (not model specific)' started by Ascend, May 9, 2021.

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  1. roma1280

    roma1280 F1 Rookie
    Rossa Subscribed

    May 2, 2010
    4,737
    Palm Beach, Roma
    #51 roma1280, May 18, 2021
    If it’s a Ferrari without question Ferrari Finance, the easiest, simplest, no fees financing ever. I have partially financed quite a few Ferraris (at the request of the dealer) and it’s so simple and there are literally no fees.
     
    ewright and Natkingcolebasket69 like this.
  2. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    710
    Los Angeles
    #52 jordanfsl, May 20, 2021
    If you are in California, Adam over at Amazon for sure....
     
  3. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Jul 2, 2017
    10,216
    Miami and Bay Area
    #53 Natkingcolebasket69, May 20, 2021
    PFS>PUTNAM>Amazon as far as rates— they all use signature financial to fund their deals


    Sent from my iPhone using Tapatalk
     
    ewright likes this.
  4. Ascend

    Ascend Karting

    Jul 23, 2018
    125
    Full Name:
    Kim
    #54 Ascend, May 20, 2021
    its very sad. As a young guy in early 30s, i worked hard in 20s thinking about driving these cars but inflation makes them out of my reach.
     
    flat_plane_eddie likes this.
  5. sokoloka

    sokoloka Karting
    Rossa Subscribed

    Jul 27, 2011
    66
    Southern California
    #55 sokoloka, May 20, 2021
    Early 30's here as well and same story. Every time I jump a step or two on the ladder - look up and the ceiling's moved higher.
     
    flat_plane_eddie likes this.
  6. Thecadster

    Thecadster F1 Veteran
    Rossa Subscribed

    Apr 27, 2017
    7,547
    #56 Thecadster, May 20, 2021
    Don’t give up. You are both very young. Time is on your side. Keep working your plan. I didn’t get my first Ferrari until I was 45. I happens slowly, then suddenly.
     
    sisiay and flat_plane_eddie like this.
  7. Ascend

    Ascend Karting

    Jul 23, 2018
    125
    Full Name:
    Kim
    #57 Ascend, May 20, 2021
    What do you guys recommend
    Thank you
     
  8. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,629
    South East
    Full Name:
    Jimmie
    #58 greyboxer, May 21, 2021
    What did you buy in the end after all the soul-searching in your previous threads ? Did you end up with the 360CS ?

    Why not just enjoy whatever you bought and learn more about how to drive a fast car really fast before going so much further into debt!
     
  9. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    710
    Los Angeles
    #59 jordanfsl, May 21, 2021
    That is incorrect. I know personally of all 3 funding sources Amazon uses, and Signature is not one. Can't speak about who anyone else is using.
     
  10. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Jul 2, 2017
    10,216
    Miami and Bay Area
    #60 Natkingcolebasket69, May 21, 2021
    No u are incorrect, sorry they use signature financial at least used to.how do I know? I leased with Amazon and their delightful owner me Perrin . They sure did in 2017-2018


    Sent from my iPhone using Tapatalk
     
  11. jordanfsl

    jordanfsl Formula Junior

    Dec 11, 2010
    710
    Los Angeles
    #61 jordanfsl, May 21, 2021
    Yup, all different now. And yeah, I've heard about JP.
     
  12. jscalia

    jscalia Rookie

    Apr 26, 2017
    1
    #62 jscalia, May 25, 2021
    VA personal property taxes are horrific. Almost makes a Ferrari “kit” on a MG chassis seem like a good idea … Bueller, Bueller! And, then you get blamed for not paying “your fair share.”
     
    LARRYH and kes7u like this.
  13. Rosso328

    Rosso328 F1 Veteran
    Owner Rossa Subscribed

    Dec 11, 2006
    7,304
    Central FL
    Full Name:
    Paul
    #63 Rosso328, May 26, 2021
    A former employer was really pushing me hard to relocate to Virginia. I ran the numbers including adding a state income tax, personal property tax on all the cars, inflated home prices, higher consumer goods prices, and estimated that the move would cost me somewhere around $40K per year, if I recall.

    I asked were they willing to give me a cost of living adjustment if I moved? They laughed out loud and said no, of course not.

    Did I mention that they are a former employer?
     
    BMW.SauberF1Team and Thecadster like this.
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