Charles & Dean recently funded the acquisition of a highly modified 1985 Porsche 911 for a client, in collaboration with specialist dealer and partner, Williams Crawford.
Vehicle Description
The vehicle in question, a 1985 Porsche 911, was far from standard.
Key modifications included:
Engine: A rare 3.6 litre 964 RS spec engine, rebuilt and chipped to produce nearly 300 BHP.
Transmission: Fully rebuilt gearbox paired with a heavy-duty clutch kit.
Interior: Recaro Sports seats, Momo suede-trimmed steering wheel, and Morel speaker upgrades.
Air Conditioning: A discreetly installed air conditioning system, maintaining the period aesthetic of the vehicle.
Financing Challenge
The modified nature of the vehicle necessitated the involvement of a specialist lender. Charles & Dean were able to get the car manually appraised, enabling the appropriate finance to be secured.
The benefits of this were two fold for the client:
✅ Accurate Appraisal: Ensured the vehicle was appropriately priced.
✅ Balloon Curve: Structured an agreement balancing low monthly payments with asset security at the balloon maturity date.
Process
Initial Consultation: The client was initially unaware that this vehicle could be eligible for a balloon payment. Charles & Dean explained the possibility of deferring part of the loan via a balloon payment, offering reassurance regarding both the safety and substance of the balloon.
Lender Selection: Working alongside our diverse panel of lenders, we curated a finance product ensuring the best terms suited to the customer’s needs.
Quick Turnaround: Once the application was accepted, the representative travelled from London to Southampton to personally oversee the signing of the agreement. This allowed the client to collect the car two working days later, just in time for a planned weekend on the coast!
Outcome
Through meticulous appraisal and flexible financing options, Charles & Dean facilitated the purchase of a rare and highly modified Porsche 911 for their client. The collaboration with Williams Crawford ensured that the vehicle met the client's specifications while providing favourable financial terms.
The hands-on approach and personalised service exemplified the commitment of Charles & Dean to their clients' needs and satisfaction.
If you're seeking your next Porsche and want to explore finance options for a stunning car like the one in this case study, Williams Crawford and Charles & Dean have you covered. Get in touch here.
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