Exotic Car Financing in Canada/Quebec | FerrariChat
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Exotic Car Financing in Canada/Quebec

Discussion in 'Canada' started by g.bucciarelli, Nov 23, 2023.

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  1. g.bucciarelli

    g.bucciarelli Rookie

    Feb 8, 2020
    12
    #1 g.bucciarelli, Nov 23, 2023
    Hello guys looking to purchase my first exotic in the upcoming spring season. Are there any financing companies that specialize in exotics in Canada/Quebec? A quick google search did not help my search unfortunately.

    Any recommendations or advice would be greatly appreciated.
     
  2. godabitibi

    godabitibi F1 Veteran

    Jan 11, 2012
    6,329
    Papineauville, Quebec
    Full Name:
    Claude Laforest
    #2 godabitibi, Nov 25, 2023
    I think the exotic car dealers would know.
     
    g.bucciarelli likes this.
  3. g.bucciarelli

    g.bucciarelli Rookie

    Feb 8, 2020
    12
    #3 g.bucciarelli, Nov 25, 2023
    There must be a bunch on here, do you have experience with exotic financing?
     
  4. UpNorth

    UpNorth Formula 3
    Owner

    Sep 30, 2006
    1,768
    Quebec, Canada
    Full Name:
    Francois
    #4 UpNorth, Nov 25, 2023
    Paradeleasing.com
     
    marioz, g.bucciarelli and bernardo66 like this.
  5. Steve Heck

    Steve Heck Formula Junior

    Nov 1, 2021
    262
    TO Canada
    Full Name:
    Steve Heck
    #5 Steve Heck, Dec 3, 2023
    What car are you looking for ??
    PFAFF Reserve has a 4.99% leasing deal right now

    Cheers
    Steve
     
  6. g.bucciarelli

    g.bucciarelli Rookie

    Feb 8, 2020
    12
    #6 g.bucciarelli, Dec 7, 2023
    thank you
     
    bernardo66 likes this.
  7. g.bucciarelli

    g.bucciarelli Rookie

    Feb 8, 2020
    12
    #7 g.bucciarelli, Dec 7, 2023
    looking for an Aston at the moment. 4.99% is great but looking primarily for financing. Was thinking of taking it from a HELOC. Any thoughts?
     
  8. marioz

    marioz Formula 3

    Nov 21, 2003
    2,025
    Cedar Mills,Ontario
    Full Name:
    Mario
    #8 marioz, Dec 16, 2023
  9. bernardo66

    bernardo66 The Crazy Cat Man
    Lifetime Rossa Owner

    Dec 14, 2003
    26,455
    Montreal Canada
    Full Name:
    Bernie
    #9 bernardo66, Dec 16, 2023
    They're close collaborators with our local FCA chapter. :)
     
  10. g.bucciarelli

    g.bucciarelli Rookie

    Feb 8, 2020
    12
    #10 g.bucciarelli, Dec 17, 2023
    might be something to look into then
     
    bernardo66 likes this.
  11. tbakowsky

    tbakowsky F1 World Champ
    Consultant Professional Ferrari Technician

    Sep 18, 2002
    19,826
    The Cold North
    Full Name:
    Tom
    #11 tbakowsky, Dec 29, 2023
    Your rate will depend on your credit rating. Average at the moment will be 10% interest. I have seen as high as 14% for high risk. To be honest if you are not in the position to cut a cheque for at least 1/2 the amount of the ask, maybe you should hold off until you can. Cars will always be available to buy. Don't rush it.
     
    g.bucciarelli, bernardo66, tantumaude and 1 other person like this.

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