Ferrari’s competitor for the new era of 2022 FIA Formula 1 World Championship season, the F1-75 is Maranello’s spearhead for their mission to propel themselves back into title contention. In the hands of Monegasque racer Charles Leclerc and Spaniard Carlos Sainz, in their fourth and second seasons respectively with the team, the F1-75 will be looking to continue the Scuderia’s progress in the Constructors’ Championship during Formula 1’s longest ever season.
The name of the F1-75 is a celebration of 75 years of Ferrari road cars. Though the Ferrari name precedes Formula 1 with its humble pre-war beginnings as the racing division of Alfa Romeo in the hands of Enzo Ferrari, Enzo Ferrari’s first creation, the 125 S, was built in 1947. The F1-75 is a celebration of the sport’s longest-serving and most successful team. It has been designed to win, and ultimately there is no better way to honour Ferrari’s tradition.
A PAYMENT AUTHORISATION FOR THE OUTSTANDING AMOUNT OF YOUR PURCHASE WILL BE HELD DURING THE FULL PLAN PERIOD as security. This hold will be charged ONLY in the event a monthly payment is declined (the authorisation hold might appear as "Pending" on your credit card bill).
You must maintain a sufficient "Required Available Credit" amount on your credit card for both the full outstanding amount of your purchase and the monthly payment during the full period of the plan.
Your credit card issuer may charge you interest on amounts charged to your credit card unless you pay Your credit card balance in full each month.
In case we do not manage to reauthorize the remaining amount of the transaction, you will receive a notice email. In that case, you will have to promptly update your credit card details. In case your bank still refuses to reauthorize the outstanding amount, we will have to charge the full outstanding amount of the transaction at once from your credit card.
Splitit offers you a flexible way of paying for items in instalments, completely interest-free, by reserving the available line of credit on your credit card. Then, each month, according to your payment plan, Splitit collects the instalment amount and reissues the authorisation request for the remaining balance.
It is important to note that payments are still charged on your existing credit card. Splitit simply provides you the method to do this and information about the instalments. Here is an example of how the service works for a customer buying a £2,000 model in 4 instalments of £500 each:
Splitit obtains authorisation from the credit card company for the full purchase amount of £2,000. This is not a charge on the card; it is simply reserving £2,000 from the customer’s line of credit.
- The credit card company then charges the customer £500 for the first payment.
- During the second month, Splitit requests authorisation for the outstanding purchase amount of £1,500, and charges the customer the second installment of £500.
- This authorisation and charge process continues until the full £2,000 is collected - in this case, for 4 months.
No, this is an interest-free payment method with no additional fixed fees, service fees, interest or hidden fees of any kind.
No, your item will be processed after the first initial instalment and delivered as normal upon passing our Quality Control check at Head Office.
- You can pay using Splitit with a valid Mastercard or Visa
Nothing, no credit check is required if you use a Splitit instalment plan and there is no impact on your credit score. All the bank sees is the individual instalment charges each month. If one of your payment authorisations is declined, there is still no affect on your credit rating; it is simply a declined charge. The denial would simply accelerate payment of the remaining balance (unless you provide a different card which was not denied).
You can pay using Splitit with a Mastercard or Visa. Debit cards, American Express and pre-paid cards are not accepted.
The instalments appear on your statement as individual charge items with the name of 'Amalgam Collection'. These payments will appear monthly according to your instalment plan, with the same charge amount each time.
