Porsche Lease Purchase
Porsche Lease Purchase is perfect if you want to own the vehicle at the end of your agreement, whilst controlling the level of monthly repayments by choosing to defer the payment of an agreed lump sum (known as the ‘balloon payment’) until the end of the contract. Your deposit can be as little as one monthly payment.
How does it work?
It's really quite simple. Once you have chosen your vehicle and decide on your deposit, you need to make three decisions that will affect your monthly repayments
Your payment period
Choose any repayment period between 12 and 48 months.
Mileage per year
Choose how many miles you expect to drive each year. This will affect both your monthly repayments and your final balloon repayment.
Optional final payment
Defer an agreed amount until the end of your agreement. This is known as a 'balloon repayment'
Ending my agreement early and vehicle ownership
What happens if I want to end my agreement early?
- If you wish to end your agreement early you can request a settlement quote. How far into your agreement you are will affect the amount left to pay.
Will I own the vehicle?
- Ownership of the vehicle will remain with Porsche Financial Services until you have paid your final 'balloon' repayment and option to purchase fee.
What happens at the end of my agreement?
- Pay the final 'balloon' repayment and option to purchase fee and take ownership of the vehicle.
- Part exchange the vehicle and settle the final 'balloon' repayment.
Important information to consider
- You are responsible for the final 'balloon' repayment - even if the vehicle is worth less than the 'balloon' repayment at the end of the agreement.
- 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.