Porsche Hire Purchase Calculator
Calculate your Porsche Hire Purchase monthly payments for 911, Macan, Cayenne, Panamera, Taycan. Get instant quotes with our free Porsche HP finance calculator.
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Porsche Hire Purchase Calculator
Your Porsche Hire Purchase Results
Amount to be financed
£68,000.00
Monthly payment
£1,625.19
Term
48 months
Total Amount Paid
£90,009.20
Total interest
£10,009.20
You own the car after
48 months
About Porsche Hire Purchase
Porsche Hire Purchase is a straightforward way to finance your Porsche.You pay a deposit and then make fixed monthly payments over an agreed term. Once all payments are complete, you automatically own the car.
Porsche Financial Services offers competitive HP rates, typically ranging from 4.9% to 9.9% APR. Unlike PCP, there's no final balloon payment - you make equal monthly payments throughout the term.
Porsche HP is ideal if you want to own your Porsche outright and prefer predictable monthly payments. You can also settle the agreement early to save on interest charges.
Porsche Hire Purchase FAQs
What is Porsche Hire Purchase?
Porsche Hire Purchase (HP) is a straightforward financing option where you pay a deposit and then make fixed monthly payments over an agreed term. Once all payments are complete, you automatically own the Porsche.
How does Porsche HP differ from PCP?
Unlike Porsche PCP, Hire Purchase has no final balloon payment. You make equal monthly payments throughout the term and automatically own the car at the end. HP typically has higher monthly payments but lower total cost.
What Porsche models are available on HP?
All Porsche models are available on Hire Purchase including the 911, Macan, Cayenne, Panamera, Taycan. Porsche also offers HP on their vehicles with competitive rates and flexible terms.
What is the typical APR for Porsche HP?
Porsche HP APR rates typically range from 4.9% to 9.9% depending on the model and your credit profile. Porsche often offers promotional rates on selected models, sometimes as low as 0% APR.
How much deposit do I need for Porsche HP?
Porsche HP typically requires a minimum deposit of 10-20% of the car's value. For a £80,000 Porsche, you'd typically need a £12,000-£16,000 deposit. You can put down more to reduce monthly payments.
Can I get Porsche HP with bad credit?
Porsche Financial Services offers HP to customers with various credit profiles. Those with excellent credit will get the best rates, but Porsche will work with you to find suitable terms based on your circumstances.
Can I pay off Porsche HP early?
Yes, you can settle your Porsche HP agreement early. You'll receive a settlement figure that includes any outstanding balance minus interest charges. Early settlement can save you money on interest.
What happens if I miss Porsche HP payments?
Missing Porsche HP payments can result in late fees and may affect your credit rating. Porsche Financial Services will contact you to discuss payment options. In severe cases, they may repossess the vehicle.
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