Porsche UK reneging on finance deals

[Cheib]

belfry said:

Do we know what the OP ended up doing? Did they accept the 11% deal?

It was interesting to hear that VW dealers are offering 6.9%. Porsche seem to be profiteering.

Feels like time for a windfall tax!

Porsche are charging the maximum they can whilst still selling new cars. Is that profiteering or are they just doing what most people who run a business would do ? There are frequently posts on here from people asking for suggestion for third party fiancé co’s because the OPC rate isn’t competitive….no it sure I have seen many saying OPC finance is competitive/matches a VW dealer. I think it is business as normal to be honest.

[Sport_Turismo_GTS]

Cheib said:

Porsche are charging the maximum they can whilst still selling new cars. Is that profiteering or are they just doing what most people who run a business would do ? There are frequently posts on here from people asking for suggestion for third party fiancé co’s because the OPC rate isn’t competitive….no it sure I have seen many saying OPC finance is competitive/matches a VW dealer. I think it is business as normal to be honest.

Agreed. If purchasing dealer finance was a condition of getting the allocation, then you could argue it was profiteering.

However, as has always been the case, you can shop around and get the best deal for your circumstances (which has rarely been direct through Porsche)!