If you are looking to buy a used Porsche then you may find that the main dealer only offers financing for brand new cars so you may be wondering where to turn. We’ve found that there a quite a few different options out there with independent brokers and even online brokers which have very competitive interest rates and a plethora of different deals.
Porsche Financing deals can be secured for any age of car and lots of these brokers actually deal with many of the Porsche main dealers so everything can run very smoothly. Contract options range from the standard hire purchase agreements with a deposit followed by monthly payments to hire purchase agreements with a deposit, lower monthly payments and then a balloon payment. Most of the deals available from these brokers tend to be for 3- 5 years and sometimes even longer depending on the age of the car.
Easy Porsche Financing
To get Porsche financing is really quick, easy and it’s not quite simple. If you have found the car you wish to purchase you just supply them with the information. Alternatively if you have’t yet chosen you car then the broker can source a car for you through their links with the main dealerships. They will then find the best lender for you to make sure you get the right deal to match you needs and budget.
If you own several classic cars or sports cars then you may be able to take advantage of a deal which allows you to release some equity against one of your cars which will allow you to have the funds to use the money on another car for example as an initial payment. Note too that the interest rates on these loans are not massive but are very competitive and you don’t have to hand over the car that you are releasing equity from.
You can even get a deal that helps you purchase a car at auction. Before you go to the auction you arrange the loan with the broker and then when the bidding starts you can be in on it. Most of the time the broker will need to know which car you are intending to bid on and they will agree a price range. Often brokers may even offer to bid on behalf of their clients.