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The Financial Conduct Authority (FCA) announced on 11 January 2024 that a review will be conducted in the vehicle finance market regarding Discretionary Commissions. We want to inform our customers that Anglo Scottish Asset Finance acts as a broker, not a lender, and if you believe you have been impacted by this issue, please contact your car finance lender. For further information, please click here

The Financial Conduct Authority (FCA) announced on 11 January 2024 that a review will be conducted

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Sports Car Finance

Designed with an emphasis on handling, acceleration, and speed, getting behind the wheel of a sports car is a thrill many aspire to.

Whether your dream is to cruise around the countryside with the top down in a Porsche 911 convertible, or whizz round cities in a Maserati GranCabrio, we can help. Our team are experts in finding the best sports car finance deals and offer the highest levels of customer support, to make the process of buying your new sports car as easy as possible.

Our relationships with specialist funders and expert internal knowledge mean that our team can build a bespoke sports car finance package that meets your requirements.

Why Choose Anglo Scottish Prestige?

  • Manual underwriting - Rather than using a computer to analyse your application, our team manually checks every deal. This allows us to find the best finance deal for your requirements.
  • Bespoke agreements - We understand that finding the right finance deal can make your dream sports car reality, which is why we tailor our finance to meet your exact needs.
  • Regulated and non-regulated agreements – We’re FCA registered, so you can be sure that your best interests are at the heart of everything we do.
  • Low APR – Thanks to our panel of funders, we have access to the most competitive rates on the market.
  • 5* service – We put the needs of our customer first, and we’re rated excellent on Trustpilot.
  • New and used vehicles – We work with the best dealerships in the UK to finance both new and used vehicles.

Need help? Call us on 0191 410 4776

What is a sports car?

A sports car is perhaps the most difficult prestige car to define as its meaning has changed during the last 50 years. During the post-war era, a “sports car” was defined as any car that seated two, had a soft top, and could be used for competition.

Straightforward enough, but prestige cars have evolved greatly in the 21st century, and now, many cars regardless of their seating capacity, race status or roof are now defined as sports cars. They are, however, all high-performance cars with large engines, high top speeds, and state-of-the-art technology.

Sports Car Finance options

HIRE PURCHASE 

Hire purchase is a flexible finance solution for sports cars. Sports car HP consists of monthly payments with the option to buy at the end of the contract, and is our most popular form of finance for specialist and unusual vehicles.

CONTRACT HIRE 

Contract hire is a popular form of company vehicle funding and growing as a form of personal leasing. It is effectively a form of long-term rental with fixed monthly payments based on a predetermined mileage.

PERSONAL CONTRACT PURCHASE (PCP) 

One of the most popular forms of car finance, our sports car PCP agreements consist of an initial deposit followed by fixed monthly payments, and a balloon payment. At the end of the contract, you can either return the vehicle or pay off the balloon payment to keep it.

LEASE PURCHASE 

Also known as conditional sale, lease purchase is a great option if you want to own the vehicle at the end of the agreement. Buyers usually pay a cash deposit, or part exchange their old vehicle, then pay fixed monthly instalments over an agreed period. There are no mileage restrictions, servicing requirements, or additional charges, and the car ownership is transferred at the end of the agreement.

VARIABLE RATE 

Variable rate finance options are available for agreements on high-value vehicles. Unlike other finance options, where the interest is fixed, variable rate agreements track changes in the funders house base rate.

VEHICLE REFINANCE

There are two types of vehicle refinance;

Refinance of the whole deal or Refinance of a balloon payment

REFINANCE THE WHOLE DEAL 

It is possible to take out a new finance agreement on your sports car almost straight away after you’ve bought it. For example, you may have signed up to an agreement, bought your sports car then realised you could have gotten a lower interest rate through a different lender, or your current deal no longer suits your requirements.

Once you have signed an agreement with your new lender, your existing deal would be settled with a one-off payment, and you would begin paying the new rate to your new lender on the agreed terms.

BALLOON REFINANCE 

If you have previously bought your car on a PCP (Personal Contract Payment), and do not have the available funds to pay the balloon payment, your options with your existing lender will be to either return the car, or negotiate a deal on a new car.

However, we can provide another option. A balloon finance deal would cover the cost of the final payment to your existing lender and break the cost down to much more manageable monthly payments.

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