Aston Martin Holdings UK Ltd is reporting record first quarter results as strong orders for its flagship DB11 model helped more than double revenues from £92.6 million to £188.3 million, with a pre-tax profit of £5.9 million reversing prior-year losses of £29.7 million. Demand for the DB11 sports car and other specialist models coincided with the company’s completion of a £550 million refinancing to enhance liquidity, reduce borrowing costs and increase financial reserves. Meanwhile, a strong retail performance and market share gains, particularly in the UK and China, reflect growing confidence and awareness of the brand.
Aston Martin is today revealing full details of its new global certified pre-owned sports car programme: Timeless. Established to offer customers of pre-owned Aston Martin sports cars the very highest levels of quality, assurance and confidence, the new programme is being launched internationally across the brand’s 164-strong dealer network.
British sportscar maker, Caterham Cars, has launched a new approved finance scheme which offers customers the chance to fund a Seven in self-assembly form for the first time ever. Previously only available for new fully built and pre-owned Sevens, the new Caterham Finance scheme provides an accessible ownership proposition for Caterham fans wishing to build a Seven themselves. Extending the service to customers who purchase a Seven in component form means they will benefit from the same convenient finance facility as buyers of new factory built and pre-owned vehicles from Caterham’s approved used car service, Caterham Selected. Caterham Finance enables customers to fund the cost of a Seven over 48 months. For example, a self-assembly Seven 160 is available with a deposit of £3,099 and monthly payments of £279 at 19.5% APR Representative, equating to £65 per week, with a […]