Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Ferrari Financial Services auto loans review

Last updated:  

Buy your dream car or use your current collection as collateral for a loan.

  • Best for drivers looking for a quick way to finance a luxury car.
  • Pick something else if you want a simple online application with clear terms.

Details

Product NameFerrari Financial Services
Financing typesPurchase,Leasing
Eligible car typesNew,Certified Preowned

Pros

  • Variety of lease terms
  • Loans and lines of credit available through FFS
  • Preowned models available

Cons

  • No online application
  • Specific rates not listed
  • Few discounts

Ferrari Financial Services special discounts

  • Military: No
  • College grad: No
  • Repeat customers: Yes
  • First responders: No
  • Accessibility equipment: No

Ferrari Financial Services reviews and complaints

BBB accredited No
BBB rating A+
BBB customer reviews
Customer reviews verified as of 16 October 2020

While Ferrari Financial Services has a Better Business Bureau profile, it doesn’t have any customer reviews or complaints. It doesn’t have a Trustpilot, and finding customer reviews elsewhere online for the financial services turns up almost nothing aside from the Ferrari forums — in which several users recommend going elsewhere.

Ferrari collector programs

Ferrari offers two programs to current owners looking to use their vehicle or collection as collateral for a loan or line of credit:

  • Ferrari Select. The Ferrari Select program allows you to borrow against the equity in a single Ferrari or a collection of Ferraris. The minimum line of credit amount is set at $500,000, and the maximum depends on the value of your collection.
  • Ferrari Direct. The Ferrari Direct program allows you to use the equity in a single vehicle — either a Ferrari or other luxury car — to secure a term loan. These loans have flexible terms and no early termination or origination fees.

You can use your loan or line of credit for almost any legitimate purpose — from purchasing a classic Ferrari to investing in a business venture.

How to apply

Ferrari Financial Services doesn’t have an online application. To get started, you’ll need to contact an authorized Ferrari dealership to inquire about your financing options.

How do repayments work?

Aside from mentioning that it offers autopay, Ferrari doesn’t list much information about how repayments work on its website. Contact your local Ferrari dealership for more details.

Compare more car loan options

Data indicated here is updated regularly
Name Product Minimum credit score APR Loan term Requirements
Carvana
No minimum credit score
3.9% to 27.9%
Varies
18+ years old, annual income of $4,000+, no active bankruptcies
Get pre-qualified for used car financing and receive competitive, personalized rates.
car.Loan.com Car Loans
300
Varies by network lender
Varies by lender
Must be a US citizen with a current US address and employed full-time or have guaranteed fixed income.
Apply with a simple online application to get paired with a local auto lender. No credit and bad credit accepted.
CarsDirect auto loans
Varies by network lender
Varies by network lender
Must provide proof of income, proof of residence, and proof of insurance.
Save time and effort with this lending service specializing in beginner-friendly or subprime car loan.
Auto Credit Express Car Loans
300
Varies
Varies
Must be employed full-time or have guaranteed fixed income of at least $1,500/month and be a current resident of the US or Canada.
Get connected with an auto lender near you, even if you have bad credit.
Monevo Auto Loans
500
3.99% to 35.99%
3 months to 12 years
Credit score of 500+, legal US resident and ages 18+.
Quickly compare multiple online lenders with competitive rates depending on your credit.
loading

Compare up to 4 providers

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.
Go to site