AlexW Posted March 30, 2019 Report Share Posted March 30, 2019 Morning all, Does anyone know if Porsche do PCP on their approved used cars? 💰 🚗 Link to comment Share on other sites More sharing options...
r1flyguy Posted March 30, 2019 Report Share Posted March 30, 2019 I believe they do indeed. Link to comment Share on other sites More sharing options...
AlexW Posted March 30, 2019 Author Report Share Posted March 30, 2019 Great, thank you 🙏🏻 Link to comment Share on other sites More sharing options...
r1flyguy Posted March 30, 2019 Report Share Posted March 30, 2019 No problem Now I’m intrigued, what you found Link to comment Share on other sites More sharing options...
AlexW Posted March 30, 2019 Author Report Share Posted March 30, 2019 The search has just started. Looking for 911’s with a budget of £60k. For some reason there’s a bit of me that wouldn’t want to be embarrassed by finding one on the approved used website, approaching Porsche only to be told ‘we don’t do finance on second hand cars sir’ 😂 Link to comment Share on other sites More sharing options...
MH82 Posted March 30, 2019 Report Share Posted March 30, 2019 They do but the rates are atrocious. Consider checking with a broker as well. Oracle or the like Link to comment Share on other sites More sharing options...
AlexW Posted March 30, 2019 Author Report Share Posted March 30, 2019 Will do 👍🏻 Im slightly intrigued how it works being self employed. Well technically employed but by my own business. Suspect it’s not straight forward and being ‘tax efficient’ will bore me in the ar*e here. Link to comment Share on other sites More sharing options...
AlexW Posted March 31, 2019 Author Report Share Posted March 31, 2019 So just in case: Spoke to Porsche Nottingham and they do PCP on approved used. Sample quote was: £58,000 car £6,000 deposit £870/month for 36 months Guaranteed minimum value of £29,500 That was on a 2012 reg 911. The minimum value looked good to me, suspect there would be lots of equity left in the car. I’ve no idea how the monthly payments compare to other options though. @MH82 any thoughts? Link to comment Share on other sites More sharing options...
r1flyguy Posted March 31, 2019 Report Share Posted March 31, 2019 I suggest you don’t add up the payments and balloon or if you do, sit down! Link to comment Share on other sites More sharing options...
Scubaregs Posted March 31, 2019 Report Share Posted March 31, 2019 On PCP, up the miles pa. Yes your repayment a month goes up, final payment drops drastically. Link to comment Share on other sites More sharing options...
MH82 Posted March 31, 2019 Report Share Posted March 31, 2019 2 hours ago, AlexW said: So just in case: Spoke to Porsche Nottingham and they do PCP on approved used. Sample quote was: £58,000 car £6,000 deposit £870/month for 36 months Guaranteed minimum value of £29,500 That was on a 2012 reg 911. The minimum value looked good to me, suspect there would be lots of equity left in the car. I’ve no idea how the monthly payments compare to other options though. @MH82 any thoughts? This looks like a rate that’s close to double figures per annum. You should be able to do better than that Link to comment Share on other sites More sharing options...
AlexW Posted April 1, 2019 Author Report Share Posted April 1, 2019 11 hours ago, r1flyguy said: I suggest you don’t add up the payments and balloon or if you do, sit down! Already done it, still standing 😂 I’ll shop around a bit obviously but for a yardstick it seemed ok 🤔😳 Link to comment Share on other sites More sharing options...
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