CA Auto Bank and Caterham Cars sign a financing agreement for the legendary Seven

NEWS

Crédit Agricole Auto Bank continues its journey of growth in automotive financing

  • CA Auto Bank will support Caterham providing retail customers with a wide range of financing products.
  • Founded in 1973, Caterham is the renowned British manufacturer of specialist lightweight sports cars.
  • The partnership, already active in the UK, has been extended to Italy and key European markets.

Crédit Agricole Auto Bank continues its journey of growth in automotive financing. The Bank announces a new partnership with Caterham, to offer tailored financing solutions for the British manufacturer’s lightweight sports car, the Caterham Seven.

CA Auto Bank will provide retail customers with a range of tailor-made financing products, including Hire Purchase (HP), Personal Contract Purchase (PCP), and Leasing. Looking ahead, the partnership may also expand to include dealer financing.

Founded in 1973, Caterham is an iconic British brand in the world of lightweight sports cars, renowned for its dedication to pure driving pleasure and uncompromising performance. Caterham has become a symbol of authentic driving excitement, preserving the tradition of lightweight, agile cars that excel on both track and road.

The brand is best known for the Caterham Seven, one of the most distinctive sports cars which can be found on both roads and tracks around the world. A direct evolution of the Lotus Seven, created by Colin Chapman in 1957, this car has retained its original philosophy: extreme lightness, an essential chassis, and an outstanding power-to-weight ratio. These characteristics make the Seven a benchmark for driving enthusiasts, offering a pure and unfiltered driving experience.

The partnership with CA Auto Bank, already active in the UK, has been extended to Italy and key European markets such as Austria, Belgium, France, Germany, Portugal, Spain and Switzerland. This partnership aims to support sales of all Caterham Seven models across the European region.

Trevor Steel, Chief Financial Officer, Caterham Cars, said: “We’re pleased to be able to offer the services of CA Auto Bank to our customers, giving our buyers more flexibility in their purchasing journey. With the support of our European retailer network and the attractive finance offers, have no doubt this will enable more car enthusiasts to enjoy the thrill of owning and driving a Caterham Seven.”

We are proud to partner with such a legendary brand as Caterham. Our goal is to make these extraordinary cars even more accessible to enthusiasts across Europe” stated Giacomo Carelli, CEO and General Manager of CA Auto Bank.CA Auto Bank boasts a century-long expertise in automotive financing, and we are excited to bring our know-how to support an icon of pure driving pleasure like the Seven.

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