McLaren Automotive has launched a new financial offering under its McLaren Financial Services (MFS) division. The latest addition to the growing McLaren Automotive portfolio will provide vehicle finance products to customers of the McLaren retailer network in the UK, making the three tier product range even more accessible.
McLaren Automotive has appointed JBR Capital to facilitate operations for UK customers, and the new scheme will allow MFS to provide flexible finance products, including Personal Contract Purchase agreements.
The competitive finance options will be made available on all new models including the Ultimate Series which includes the McLaren P1™; the Super Series, which forms the core of the McLaren product line-up with the 650S and limited edition 675LT; and the recently launched Sports Series comprising the 540C Coupé and 570S Coupé.
In addition, the full selection of McLaren Qualified pre-owned models available across the network are also eligible.
JBR Capital offers an unrivalled blend of experience, expertise and flexibility of approach. These characteristics make them a natural fit with McLaren Automotive, ensuring the needs of the McLaren customer are fully met.
Commenting on the newly launched programme, Jolyon Nash, Executive Director – Global Sales and Marketing, explained: ‘McLaren Financial Services is playing an integral part in the continuing growth plans for McLaren Automotive as a business.
The Sports Series, as the most attainable McLaren model to date, has opened the brand up to a new market and a completely new customer demographic, and to be able to offer a competitive finance offering is crucial if we are to truly compete against more established rivals. Supercar performance and exclusivity has never been more accessible or affordable.’
Darren Selig, Chief Executive Officer, JBR Capital added:‘The endorsement of JBR Capital by McLaren Automotive is testament to our unique positioning in the high end vehicle finance market.
We look forward to working with McLaren Automotive to provide a fully integrated finance experience with flexible, bespoke products and exceptional customer service to the McLaren Automotive retailer network and its customers.”
McLaren Automotive has five retailers located in the UK, with McLaren Ascot recently opening its doors to join Birmingham, Glasgow, London and Manchester. All locations offer the full range of products across the three tier model range with the Sports Series launching as the most attainable McLaren models, joining alongside the Super Series and the Ultimate Series.
FINANCE EXAMPLES
McLAREN 570S COUPE
| Cash price | £143,250.00 | |
| Deposit | £39,500.00 | |
| Total amount of credit | £103,750.00 | |
| Acceptance fee (payable with first payment) | £295.00 | |
| Option to purchase fee (payable with last payment) | £150.00 | |
| Total amount payable | £166,020.20 | |
| 36 monthly payments | £995.20 | |
| Optional final payment | £90,248.00 | |
| Duration of agreement | 37 months | |
| Representative APR | 7.9 percent | |
| Rate of interest (fixed) | 3.9 percent per annum | |
McLAREN 650S SPIDER
| Cash price | £218,250.00 | |
| Deposit | £54,562.50 | |
| Total amount of credit | £163,687.50 | |
| Acceptance fee (payable with first payment) | £295.00 | |
| Option to purchase fee (payable with last payment) | £150.00 | |
| Total amount payable | £252,899.86 | |
| 36 monthly payments | £1,859.51 | |
| Optional final payment | £130,950.00 | |
| Duration of agreement | 37 months | |
| Representative APR | 7.9 percent | |
| Rate of interest (fixed) | 3.9 percent per annum | |
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