Someone Financed A Maserati MC12 For How Much?10/20/2019
The monthly payment is massive!
Seeing a Maserati MC12 these days is an extremely rare occurrence, and buying one is even rarer.
Price well into the millions, getting your hands on one of the 50 MC12s produced is something only a tiny percentage of the population gets to do. Even then, fronting all the cash up front for this modern-day masterpiece could be tricky; thankfully JBR Capital offers finance solutions for top-end cars and yes, someone even financed an MC12.
With a cash price of £1,795,000 ($2.33 million), one well-heeled customer put down a 17 percent deposit totaling £300,000 ($389,550). Then there were 48 monthly payments of £18,297.34 ($23,759), and a final balloon payment of a million pounds ($1.3 million).
Gallery: 2004 Maserati MC12
What’s more, someone had a similar arrangement for buying an Enzo Ferrari, the car on which the MC12 is based.
While more common, with 400 being made, the one financed by JBR was priced at £2,100,000 ($2.72M). The customer put down a deposit of £586,426.09 ($761,473 or 28 percent of the car’s overall cost), paid 24 monthly payments of £9,543.19 ($12,391), and had a final balloon payment of £1,513,573.91 ($1.96M). Both cars were financed with representative APR at 7.9 percent.
“We have financed many stunning cars to-date for our satisfied customers,” said Stephen Halstead, chief operating officer at JBR Capital. “Originally, we set out to become a market leader in high-end vehicle finance and prestige cars and we have certainly achieved that.”
“From the JBR500, I would pick the Maserati MC12 Coupe – Maserati is such an evocative and emotive brand,” he added. “It is such a rare and exclusive car, it just captures my imagination in terms of style, performance and speed.”
Gallery: 2004 Ferrari Enzo Blue
First thrust upon the world in the early 2000s, the Enzo Ferrari and Maserati MC12 shared a platform, but had radically different carbon fiber bodies – in fact, the MC12 could even have its roof removed and the only external component the pair shared was the windscreen.
Both had different aims as well. While the Enzo was supposed to be a Formula 1 car for the road, and a spiritual successor to the F1-engined F50 of the 1990s, the MC12 was a homologation special for sports car racing. In racing trim, the MC12 won multiple titles all over the world and was still competitive when it was retired from competition in the early 2010s.
Ferrari went on to replace the Enzo with the LaFerrari in 2013, but Maserati hasn’t had a halo car or hypercar offering since, adding to the MC12 legend.
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JBR500: THE ULTIMATE VIRTUAL GARAGE
- JBR Capital reaches the milestone of £500 million pay-outs
- New virtual garage, JBR500, showcases 50 highly sought-after vehicles
London based JBR Capital, specialising in high-end vehicle finance, celebrates reaching the key milestone of £500 million in pay-outs by launching the JBR500 virtual garage.
Featuring some of the most desired cars of our time, from a Pagani Huayra to a Lamborghini Aventador, JBR500 showcases a selection of the most interesting and historically significant cars that have formed part of JBR’s first £500 million.
In just four and a half years JBR Capital has paid out this amount, lending against supercars, classic cars, prestige vehicles and even race cars – such as the McLaren F1 GTR.
JBR Capital’s expert Directors share their favourites from the JBR500 and their passion for funding these vehicles:
Darren Selig, Executive Chairman at JBR Capital: “Surpassing £500 million paid out loans is an incredible milestone, achieved by the will and determination of all the 50+ amazing staff we now have at JBR. For me, the Ferrari Enzo Ferrari stands out as being one of the most iconic cars in the JBR500. I have a deep affinity with this timeless work of art having personally arranged finance on 12 of the 399 over the last 15 years.” Read more about Darren’s reflections on the £500 million milestone here: https://jbrcapital.com/magazine/jbr-capital-origin-story/.
JBR500 favourite: Ferrari Enzo Ferrari
Ferrari Enzo Ferrari
Customer Deposit (28%)
24 Monthly Payments
Final Balloon Payment
Shalom Benaim, Chief Executive Officer at JBR Capital: “Our first £500 million is a real celebration for us, so now on to the first billion! We are an incredibly strong organisation and have overcome many challenges along the way. Our JBR500 garage demonstrates the variety of spectacular cars we deal with, but it’s the Aston Martin V8 Vantage which is my top choice.”
JBR500 favourite: Aston Martin V8 Vantage
Aston Martin V8 Vantage
Customer Deposit (14%)
36 Monthly Payments
Final Balloon Payment
Stephen Halstead, Chief Operating Officer at JBR Capital: “We have financed many stunning cars to-date for our satisfied customers. Originally, we set out to become a market leader in high-end vehicle finance and prestige cars and we have certainly achieved that. From the JBR500, I would pick the Maserati MC12 Coupe – Maserati is such an evocative and emotive brand. It is such a rare and exclusive car, it just captures my imagination in terms of style, performance and speed.”
JBR500 favourite: Maserati MC12 Coupe
Maserati MC12 Coupe
Customer Deposit (17%)
48 Monthly Payments
Final Balloon Payment
JBR Capital offers a range of bespoke high-end vehicle solutions including refinance, auction and restoration finance – talking to customers at a host of events this year which included the Concours of Elegance at Hampton Court, Goodwood Revival, Warren Classic and the Veloce Track Day.
New for this month, JBR Capital has launched a dedicated and innovative WhatsApp service – +44(0) 7468 475268 – for all customer enquiries out of normal office hours, which operates between 5:30pm and 9:00am during the week and all weekend.
Source: Read Full Article