gav_sw20
Prominent Member
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- Dec 30, 2007
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So I bought a 2014 Cayman 981 2.5 years ago on PCP (through Porsche) and it’s coming to it’s end in August so I’ve started looking around at replacement cars.
I’ve seen a 911 (997.2) at an OPC and he’s offered me the following on HP:
911 price = £44k
Deposit = £3k (from me) plus the £5k equity in my Cayman
Monthly HP term = 60months
Payment per month = £730
APR on the HP = Not a clue.
Is this a shockingly bad or reasonable deal re the finance? I can afford it but don’t want my pants pulled down as I’ve never gotten HP on a car before.
Also, in this scenario Porsche will pay off the remaining PCP finance on my Cayman. I read everywhere that a “dealer” can do this but can an Independant too? My theory is that I’m probably going to find a better priced car at a Porsche Indy and likely a better finance rate too.
Gav.
I’ve seen a 911 (997.2) at an OPC and he’s offered me the following on HP:
911 price = £44k
Deposit = £3k (from me) plus the £5k equity in my Cayman
Monthly HP term = 60months
Payment per month = £730
APR on the HP = Not a clue.
Is this a shockingly bad or reasonable deal re the finance? I can afford it but don’t want my pants pulled down as I’ve never gotten HP on a car before.
Also, in this scenario Porsche will pay off the remaining PCP finance on my Cayman. I read everywhere that a “dealer” can do this but can an Independant too? My theory is that I’m probably going to find a better priced car at a Porsche Indy and likely a better finance rate too.
Gav.