17 captured repliesPartial discussion capture · Source accounts, not a confirmed diagnosis
THIS DISCUSSION / SOURCE-DERIVED OVERVIEW
Discussion summary
YOUR RESEARCHPorsche PCP deals - Page 1 - Porsche General - PistonHeads UK
Reported or suspected cause
showroom sales chap
Reported cause
No successful repair reported for this finding.
1
Identified cause
0
Suspected cause
0
Reported fixes
Read evidence and context
Explicit resolution reports before identified causes, performed actions and suggestions. Within each level, matching component labels precede direct query mentions and inherited thread context; successful versus unsuccessful discussion counts, owner confirmations and independent discussion support determine order. This is not a probability of success.
Discussions that report identifying a cause
1
0 original-poster resolution reports. Counts can overlap; they are not unique people or a success rate.
0 discussions have direct query context; 0 report a fix in that context. Other evidence may inherit the discussion’s subject.
Reported cause
It was the showroom sales chap that suggested it, he still got credit for the sale
Porsche PCP deals - Page 1 - Porsche General - PistonHeads UK
Read full discussion summary
Leading evidence: 'showroom sales chap' (1 discussions report identifying this cause; no attributable repair resolution). Across 1 matching discussions, the most frequently mentioned possible cause is 'showroom sales chap' (1 discussions; 1 report identifying it and 0 suggest it). The most frequently discussed action is 'Clean on this' (1 discussions). For that action, 0 discussions report a resolution and 0 report an unsuccessful attempt. No action has an explicit, attributable resolution report under the current rules. These are forum reports and suggestions, not a confirmed diagnosis.
Source reports, not a diagnosis or a success probability. Counts refer to discussions and can overlap.
Explicit resolution reports before identified causes, performed actions and suggestions. Within each level, matching component labels precede direct query mentions and inherited thread context; successful versus unsuccessful discussion counts, owner confirmations and independent discussion support determine order. This is not a probability of success.
Discussions that contain suggestions
1
0 original-poster resolution reports. Counts can overlap; they are not unique people or a success rate.
0 discussions have direct query context; 0 report a fix in that context. Other evidence may inherit the discussion’s subject.
Suggestion
Given what the FCS is currently investigating on car finance generally you would think Dealers would want to be squeaky clean on this.
Porsche PCP deals - Page 1 - Porsche General - PistonHeads UK
Coverage and how to read this overview
Counts describe captured discussions, not unique people or a diagnosis. Author identities are not reliably stored. Exact duplicate evidence is counted once across matching discussions; one discussion counts at most once per action/state. Multiple repairs reported together remain a combination. Suggestions and failed attempts do not establish a fix. Matches cover whole discussions and can include related faults, model variants and incomplete threads.
17 eligible posts · 0 unverified posts · 1 discussions match the subject in their title or opening post.
PistonHeads: 1 discussions
0 evidence records excluded for query context · 0 excluded by outcome qualification · 0 adjusted by outcome qualification.
1 acknowledgements have no verified action link; they do not establish a repair result.
Outcome without a verified action link
Taking the finance and paying off around day 14 has worked for me in the past.
Dealers appear to be pushing hard on these, no doubt due to incentives from GB.
What if I were to accept either:
1. A backloaded 24 month PCP deal, with 20% upfront, or
2. A front-loaded 18 month HP deal, with a much smaller amount of credit, on a GT car, and then pay it all off after 1 month, including the final balloon?
In each case the APR is 9.9%, with the HP deal obviously resulting in a smaller total cost
.
Would they (or the finance company) penalise for early settlement and loss of interest?
I would not be too worried about forfeiting future allocations, as this would likely be a final, last hurrah for me, car wise!
TIA
Edited by Tony B2 on Thursday 3rd July 16:33
Tony B2 said:
Dealers appear to be pushing hard on these, no doubt due to incentives from GB.
1. A backloaded 24 month PCP deal
2. A front-loaded 18 month HP deal
Sorry, what does that mean exactly?
Ed.Neumann said:
Tony B2 said:
Dealers appear to be pushing hard on these, no doubt due to incentives from GB.
1. A backloaded 24 month PCP deal
2. A front-loaded 18 month HP deal
Sorry, what does that mean exactly?
I was thinking the same!
GT4RS said:
Ed.Neumann said:
Tony B2 said:
Dealers appear to be pushing hard on these, no doubt due to incentives from GB.
1. A backloaded 24 month PCP deal
2. A front-loaded 18 month HP deal
Sorry, what does that mean exactly?
I was thinking the same!
Me too and 9.9% isn’t tempting.
I assumed a small deposit and big balloon for the PCP (ie. A normal PCP) but he then says a 20% deposit??
I assumed HP with a big deposit but then talks about paying off a balloon which would be unusual for HP…
Confused… I’m out.
Ed.Neumann said:
Tony B2 said:
Dealers appear to be pushing hard on these, no doubt due to incentives from GB.
1. A backloaded 24 month PCP deal
2. A front-loaded 18 month HP deal
Sorry, what does that mean exactly?
- Back-loaded = small deposit up front (£34k), lower monthly payments, but large payment at the end of the 24 months - total cost significantly higher, because of the interest on the larger amount, over a longer period.
- Front-loaded = large deposit (£130k) up front, with much smaller credit amount paid over the balance of the 18 month deal - total cost, a lot less
The allocation is subject to using finance, whereas I could pay the full sum in cash.
So, of the 2, to me the HP deal is much more attractive, but what if I don't want to pay any interest?
Would early settlement result in penalties?
I have not see the full contracts yet.
timbo999 said:
I assumed a small deposit and big balloon for the PCP (ie. A normal PCP) but he then says a 20% deposit??
I assumed HP with a big deposit but then talks about paying off a balloon which would be unusual for HP
Confused I m out.
Yes - the PCP deal has a 20% deposit, and a whopping great balloon at the end
Yes - the HP deal has a big deposit with no balloon.
I mis-edited my post, and the "balloon" bounced onto the wrong line.
So...you're not so confused...;-)
stichill99 said:
Just buy it and then cancel the finance! I know people who have done it,dealer wont be happy but tough titty on them!
It is possible to be upfront with the dealership. Sometimes they just need you to keep the finance for a few days for them to receive their commission
stichill99 said:
Just buy it and then cancel the finance! I know people who have done it,dealer wont be happy but tough titty on them!
I did that with another manufacturer. It was the showroom sales chap that suggested it, he still got credit for the sale
Might have a negative impact on your credit score. I was considering something similar with another manufacturer and was warned off settling the debt within the first six months as credit score is not only a measure of ability to pay but also ability for the credit agent to make money through interest over the term of the debt. I elected to pay cash in the end.
The OPC will tell you how long they need the agreement in place to get their commission.
You need to keep the agreement in place for that period and then you can settle and the OPC will be happy and you have covered your commitment to get the allocation.
I and many I know have taken finance for a short period to benefit the dealership as a thank you for an allocation. It does vary a little dependant on the manufacturer and the finance house but its only 3 to 6 months.
Geoff39GL said:
The OPC will tell you how long they need the agreement in place to get their commission.
You need to keep the agreement in place for that period and then you can settle and the OPC will be happy and you have covered your commitment to get the allocation.
I and many I know have taken finance for a short period to benefit the dealership as a thank you for an allocation. It does vary a little dependant on the manufacturer and the finance house but its only 3 to 6 months.
Thank you for the helpful feedback!
Taking the finance and paying off around day 14 has worked for me in the past.
If you are worried just mention to the salesman.
Given what the FCS is currently investigating on car finance generally you would think Dealers would want to be squeaky clean on this.
This is a source reference. Confirm exact model applicability in the original material.
