Allan Hetherington, prestige finance development director at Anglo Scottish Asset Finance, which has its headquarters in Durham, reveals the company can offer customers the James Bond experience, thanks to its specialist finance service on prestige cars ranging from £25,000 to in excess of £1 million.
Anglo Scottish provides a range of financial services across the UK, including asset finance, business loans, vendor and dealer finance, as well as personal vehicle solutions and vehicle sourcing.
An interesting fact, we undertook some research recently and found the biggest selling prestige car, for both males and females, within the £25,000 to £75,000 price range and £75,000 to £150,000 range, is the Range Rover Sport. No doubt, it’s a brilliant car but there are so many wonderful prestige cars on the market.
Since launching our prestige car finance service in 2020, it has gone from strengthto-strength. So much so, we have doubled down on our focus and fine-tuned our offering in order to provide a highly specialist service.
We offer finance on a range of prestige vehicles, starting from those in the £25,000 to £75,000 price band, such as BMW, Audi and Range Rover, to the £75,000 to £150,000 price band and those in excess of £150,000 such as Lamborghini Huracan, Porsche and Ferrari. In addition, we also offer finance and equity release on supercars like the Urus and LaFerrari.
Despite the pandemic, we have seen a huge uptick in the number of enquiries, referrals and recommendations regarding the service, whilst also increasing our relationships with major prestige car dealers throughout the UK. This has resulted in a 60% increase in enquiries year-on-year.
The expertise amongst our specialist prestige finance team, along with our customer-centric approach to business, means we are able to take the time to listen to what our customers are looking for and find the best solution via our vast panel of lenders. Following an initial conversation with our expert team, and with the best finance deal in place, we work closely with the dealership and lender to make sure everything runs smoothly. Thanks to our streamlined processes, in most instances, for the straightforward cases our customers drive away with their new car within a few hours.
For more complex deals, we aim to have them driving away within 72 hours.
We are also able to offer classic car finance, for example, the car synonymous with James Bond, the Aston Martin. For customers looking to raise capital, we offer equity release on cars already owned outright or by re financing their current agreements. As a business, we like to keep up with trends and to monitor what interests our customers the most, as this is how we are able to continuously deliver exemplar service. It is our priority to provide the best experience in the market and make life as simple as possible for our customers. In many ways, we moved in to this area of finance to ensure our existing clients on the asset side were receiving the best finance possible in this area, via our extensive panel of lenders.