Porsche PCP deals

[Tony B2]

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

[Ed.Neumann]

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?

[GT4RS]

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!

[bad company]

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.

[andyglos]

Pay it off within 14 days and only incur the daily interest penalty. Easiest way.

[timbo999]

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.