POST 1 / ORIGINAL POSTEROriginal post
Does anyone know the rates for financing through Porsche for a certified Porsche approved? Thanks!
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YOUR RESEARCHCertified Porsche Financing Rates
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POST 2Original post
No, but keep posting. You've got the best avatar going.
POST 3Original post
It depends on your credit score, but Porsche's financing rates aren't that competitive. You're usually better off going through a credit union.
POST 4Original post
You get whatever the new car interest rate is at that time/you qualify for. Most credit unions can beat it.
POST 5Original post
Just got 4.25 from Porsche on a used 04 C4S
POST 6 / ORIGINAL POSTEROriginal post
Quotes source post: 6010270
Thanks for the info. Not bad. What was the term?
POST 7Original post
I went in to pay cash for the car but at 4.25% it made more sense to finance. Anyway, I wanted 24 months but they told me that I could only get the rate on 60 months. So, I'm just making double payments .
POST 8 / ORIGINAL POSTEROriginal post
Quotes source post: 6010993
Thanks! That is a good rate. I am also a previous customer of Porsche Financial too. Not sure if that really matters. It does seem that dealers are somehow limiting the rate, or simply not pursuing lower rates. Is this possible? My credit is excellent, and one dealer said the lowest they have seen from Porsche is 5.9%.
POST 9Original post
Don't know about other dealers but when we went in they told us it was a special "deal" from Porsche that was taking 1 pt. off the rate. I know that dealers make money on the spread (rate) charged so I'm sure it differs from dealer to dealer. Good luck.
POST 10Original post
Quotes source post: 6010993
That's very odd. It's almost always the other way around. The LOWER the term, the better the interest rate. Also, the smaller the loan amount the higher the rate. New versus used is also a factor. The "best" rate would be a NEW car, with the SHORTEST term, and the LARGEST note.
POST 11Original post
I agree, but that's what it was.
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