Porsche Hire Purchase leads to ownership and is perfect for you if you would like to potentially keep your vehicle for longer than the period of repayments. You are able to choose the most appropriate term to suit your monthly payment. There are no mileage restrictions and deposits can be as little as one monthly payment.
How does it work?
It's really quite simple. Once you have chosen your vehicle you have two simple decisions to make. How much would you like to pay as a deposit? There is no minimum required unless the vehicle is being used for taxi purposes.
Your repayment period
Choose any repayment period between 12 and 60 months.
When your agreement comes to an end and you have made all the repayments, you can pay a one-off Option to Purchase fee of £10 and own your Porsche outright. Alternatively, you can also Part-Exchange your old vehicle in for a new Porsche.
Ending my agreement early and vehicle ownership
What happens if I want to end my agreement early?
You may terminate a Porsche Hire Purchase agreement earlier than the full term.
How far into your agreement you are will affect the amount left to pay.
Will I own the vehicle?
Yes, once you have paid the final payment and option to purchase fee.
What happens at the end of my agreement?
At the end of your agreement:
Once all your monthly payments are complete and you have paid the option to purchase fee you will take ownership of your vehicle.
Important information to consider
Ownership of the vehicle will remain with Porsche Financial Services2 until you have paid both the option to purchase fee and all monthly payments.
It is really important that you keep up to date with your monthly repayments so please contact us if you are having any difficulties as the vehicle may be at risk if you don’t.
An offer of finance depends on certain conditions. Finance subject to status. Available to 18s and over. Terms and conditions apply. Porsche Financial Services+.
Subject to underwriting. 25% minimum deposit applies to new and used taxis. An offer of finance depends on certain conditions. Subject to status. Available to 18s and over in the UK only. Terms and conditions apply. Porsche Financial Services.
+ Porsche Financial Services is a trading name of Volkswagen Financial Services (UK) Limited (‘”VWFS”). Finance is provided by VWFS.
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