Aston Martin V12 Vantage S

Buyer takes out 12-year loan for Aston Martin

Aston Martin V12 Vantage SWe’re used to manufacturers offering cars on tempting finance deals, stretched out over three or  four years with steep deposits resulting in small monthly repayments – but would you take out a loan for a new Aston Martin over 12 years?

That’s what a US buyer has done, reports Automotive News.

The lucky Aston Martin customer is said to have an excellent credit rating which helped him secure the 144-month loan that, depending on the size of the deposit, could cost him over $2,000 a month – with a total amount payable in excess of $300,000.

While finance over such long periods hasn’t made it to the UK, Aston Martin is offering its Vanquish for £1,888 per month over three years with the added appeal of 0% APR and three years free servicing. That is following a chunky deposit of £39,995 and an optional final payment of £90,974.

If that’s pushing your budget, the Aston Martin V8 Vantage is available for as little as £777 a month – again, at 0% APR and three years free servicing. You’ll have to put down a deposit of £19,995 and there’s an optional final payment of £39,565.

Is finance a good way to get into exotic cars? Or is paying thousands of pounds a month for an Aston Martin a risky strategy? Let us know what you think.

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