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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

Ferrari Financial Services special discounts

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

Ferrari Financial Services customer reviews

BBB accredited No
BBB rating A
BBB customer reviews
Trustpilot Score
Customer reviews verified as of 18 October 2019
Ferrari Financial Services does not have any Trustpilot reviews.

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.

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Updated January 28th, 2020
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