992 Question - Sorry, really boring Finance one
Discussion
dgswk said:
trowelhead said:
Clydesdale also very good speak to ryan dobson
They will do around 4.2/4.3% apr similar to lombard
Bear in mind - the deals from lombard / clydesdale are Hire Purchase with balloon. So the balloon / final value is not guaranteed.
With Porsche i'm assuming its a PCP and thus has a guaranteed final value (at which point you can hand the car back and walk away) whereas that is not the case with HP with balloon deals.
Yes, spoke to them today, got a sub £900 monthly, but balloon not guaranteed. Happy with £56k, should be able to move on for that in 4 years via private sale to a specialist easily, given 4yo 991 C2S’s seem to retail for £60k+ Waiiting on Lombard to come back.They will do around 4.2/4.3% apr similar to lombard
Bear in mind - the deals from lombard / clydesdale are Hire Purchase with balloon. So the balloon / final value is not guaranteed.
With Porsche i'm assuming its a PCP and thus has a guaranteed final value (at which point you can hand the car back and walk away) whereas that is not the case with HP with balloon deals.
They may be able to offer slightly higher balloon if you push for it but of course the risk ultimately falls with you at the end of the term
Cimaguy said:
£900 a month. I don't know if I'm tight or that is a lot for a car on a monthly basis.
How much should folks spend as a percentage of their net salaries?
Clearly that’s different for each and every person unless you had identical age lifestyle mortality job role etc inheritance or not etc. How much should folks spend as a percentage of their net salaries?
Hi Everyone,
I am having trouble speaking to right person at Clydesdale about getting a finance agreement on a 992S. I called a number on their website which just got me through to a call centre. They had not heard of Ryan Dobson and one person I spoke to in a loans department said they didn't do HP with ballon, just normal car loans which doesn't make sense.
Does anyone have contact details for Ryan Dobson please? (perhaps dgswk or trowelhead?).
I have also left a message for Lombard to ring me back. Does anyone have a contact at Lombard I can speak to, perhaps a phone number?
Thank you,
John
I am having trouble speaking to right person at Clydesdale about getting a finance agreement on a 992S. I called a number on their website which just got me through to a call centre. They had not heard of Ryan Dobson and one person I spoke to in a loans department said they didn't do HP with ballon, just normal car loans which doesn't make sense.
Does anyone have contact details for Ryan Dobson please? (perhaps dgswk or trowelhead?).
I have also left a message for Lombard to ring me back. Does anyone have a contact at Lombard I can speak to, perhaps a phone number?
Thank you,
John
johnny senna said:
Hi Everyone,
I am having trouble speaking to right person at Clydesdale about getting a finance agreement on a 992S. I called a number on their website which just got me through to a call centre. They had not heard of Ryan Dobson and one person I spoke to in a loans department said they didn't do HP with ballon, just normal car loans which doesn't make sense.
Does anyone have contact details for Ryan Dobson please? (perhaps dgswk or trowelhead?).
I have also left a message for Lombard to ring me back. Does anyone have a contact at Lombard I can speak to, perhaps a phone number?
Thank you,
John
Its not listed on the consumer part of the website but under Asset Finance on the business side.I am having trouble speaking to right person at Clydesdale about getting a finance agreement on a 992S. I called a number on their website which just got me through to a call centre. They had not heard of Ryan Dobson and one person I spoke to in a loans department said they didn't do HP with ballon, just normal car loans which doesn't make sense.
Does anyone have contact details for Ryan Dobson please? (perhaps dgswk or trowelhead?).
I have also left a message for Lombard to ring me back. Does anyone have a contact at Lombard I can speak to, perhaps a phone number?
Thank you,
John
Ryan Dobson
Senior Business Adviser
T 0113 807 9071 / 0800 141 2231
F 0800 085 0667
Just wanted to say thank you to dgswk and trowelhead for their helpful emails re: Clydesdale finance. I've been talking on the phone with Ryan at Clydesdale and he can do 4.4%. Just need to make sure there is no hard Brexit 10% import levy post 31/10/19 before pressing the button on my order. Lock down date isn't till mid November so I'll see what the state of play is then.
johnny senna said:
Just wanted to say thank you to dgswk and trowelhead for their helpful emails re: Clydesdale finance. I've been talking on the phone with Ryan at Clydesdale and he can do 4.4%. Just need to make sure there is no hard Brexit 10% import levy post 31/10/19 before pressing the button on my order. Lock down date isn't till mid November so I'll see what the state of play is then.
Pleasure mate, enjoy (I did the same re: Brexit a few months back before locking down. Brexit is rubbish for Porsche buying!)
Hi Guys,
I too have been speaking to Ryan @ Clydessdale, seems a really good guy and flexible plans which is brilliant. We havent locked down as yet, will be December - does anyone have a clue when Porsche will pass on the 10% if there is a No-Deal, I cant seem to find anything concrete (a bit like Brexit I suppose).
Could they add the 10% to anyone who has order placed, or just new orders from a certain date? If new orders only, then well and good.
I too have been speaking to Ryan @ Clydessdale, seems a really good guy and flexible plans which is brilliant. We havent locked down as yet, will be December - does anyone have a clue when Porsche will pass on the 10% if there is a No-Deal, I cant seem to find anything concrete (a bit like Brexit I suppose).
Could they add the 10% to anyone who has order placed, or just new orders from a certain date? If new orders only, then well and good.
It's a tariff on all cars, so I would imagine that it'll be passed on if the car is delivered when the tariff is operational.
For e.g. if we crash out on the 31st then any car delivered from the 1st of November onward will have the additional cost.
When the GE data is announced we'll get more clarity- I imagine we'll get a third extension to deal with that, likely to March 29th 2020.
For e.g. if we crash out on the 31st then any car delivered from the 1st of November onward will have the additional cost.
When the GE data is announced we'll get more clarity- I imagine we'll get a third extension to deal with that, likely to March 29th 2020.
yeah, thinking that. When date was 31st March past, any orders up until mid-Jan 2018 would be honoured without the 10%. Not sure how a buisness can operate with that risk - a lot of buyers in-flight could walk away.
Just need to keep an eye on things, if its March - make sure and get the car before that date, savingv £10k+
Just need to keep an eye on things, if its March - make sure and get the car before that date, savingv £10k+
My understanding is that the last time we faced Brexit ie 31/3/19, Porsche dealers were happy to underwrite the risk to customers of the 10% import levy. But they have since withdrawn this and will no longer underwrite the risk. My reading of that is that Porsche see the risk of a 10% levy actually happening (due to hard Brexit) as being significantly higher than earlier this year. They must think Boris is serious about a hard Brexit.
In other words if you lock down your order for a Porsche prior to 31/10/19 and take delivery after that date with a hard Brexit having happened then you will be liable to pay the 10% increase in price on taking delivery even though that wasn’t the price the customer originally signed up to.
This is certainly my local JCT dealer’s position and also the next nearest JCT dealer’s as well.
This is why I won’t be locking down my own order till November. If the price of a new car has gone up 10% by then I will obviously reconsider my order.
In other words if you lock down your order for a Porsche prior to 31/10/19 and take delivery after that date with a hard Brexit having happened then you will be liable to pay the 10% increase in price on taking delivery even though that wasn’t the price the customer originally signed up to.
This is certainly my local JCT dealer’s position and also the next nearest JCT dealer’s as well.
This is why I won’t be locking down my own order till November. If the price of a new car has gone up 10% by then I will obviously reconsider my order.
I would imagine that Porsche is also considering the FX issue - the pound continues to sink, and if we crash out will likely plummet.
They'll have zero appetite to swallow the 10% tariff if they have to honour a price in £ that has very little if any profit left in it due to currency devaluation.
They'll have zero appetite to swallow the 10% tariff if they have to honour a price in £ that has very little if any profit left in it due to currency devaluation.
Dammit said:
I would imagine that Porsche is also considering the FX issue - the pound continues to sink, and if we crash out will likely plummet.
They'll have zero appetite to swallow the 10% tariff if they have to honour a price in £ that has very little if any profit left in it due to currency devaluation.
All true but it might depend how far into the future Porsche have hedged against FX fluctuations. They'll have zero appetite to swallow the 10% tariff if they have to honour a price in £ that has very little if any profit left in it due to currency devaluation.
I don’t think Porsche can afford to be too rash with price rises in the UK. We are a huge market for them.
Dammit said:
But they'll be paying a bill that is in Euro - and the GBP will likely be worth significantly less then than now.
You sound like a very pessimistic person...Whatever happens on Oct 31st i can assure you the world will not end as a result..I always look on the bright side of life.Gassing Station | 911/Carrera GT | Top of Page | What's New | My Stuff