Lamborghini Offers Low-Interest Finance For Murcielago

 

2009 Lamborghini Murcielago LP640

2009 Lamborghini Murcielago LP640

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Lamborghini has announced a new “Retail Finance Plan” of low-interest loans for its most exclusive vehicles on the market, the Murcielago LP640 Coupe and Roadster (model years 2009 and 2010). The supercar brand is partnering with Woodside Credit and Volkswagen Credit Inc. to provide alternative financing programs through authorized dealers in the U.S.

"The Lamborghini Retail Finance Plan allows enthusiasts to finance one of most exclusive cars on the road at a more competitive rate than ever before," said Pietro Frigerio, chief operating officer of Lamborghini’s American operations.

Qualified buyers with a credit score of 700 or higher will enjoy rates starting at 5.99%, a minimum down payment of 10%, low monthly payments and terms of up to 12 years. For those buyers with a credit score above 740 and making a higher down payment, the program offers a zero percent interest rate over a 60-month period.

What this means is that despite the global financial crisis, it’s now just that much easier to own an exotic Italian supercar.

Incidentally, helping to provide the credit is Volkswagen Credit Inc., the same group that filed a lawsuit against Lamborghini Orange County dealer Vik Keuylian for fraudulent sales, which you can read about by clicking here.





 
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Comments (3)
  1. Well if the car only costs $250,000 (excluding tax, title and license) and you put $25,000 down with an APR of 5.99% for 12yrs(144months) your payment would only be $2194.50 per month!
    I'm in! I'll just run out and sell my house and my family and I can live in a Lamborghini for the next 12 years.
     
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  2. The only catch is that it is on the Murcielago, which costs around $400,000 to 500,000. It still is expensive, though. My dad just got a Mercedies for 0% for 36 months. He bargained alot.
     
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  3. This is exactly what got us into this financial mess in the first place; giving people who afford certain items options to buy them. Extending a term to 12 years is a really bad idea for a consumer.
     
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