dmk2

Looks like I will be taking delivery this week if all goes well.

What sort of finance rates are people getting from the Bank of America versus Porsche Financial Services?

Rates should be low enough to make it worth the while.

Bxstr

Check Penfed. I used them for a used car with a great rate last year, even better now.

dmk2

CJ mentioned that Porsche is financing at the buy rate. Can anyone confirm?

dmk2

thank you, will do.

blackholescion

It was 2.5% a month ago on the GT4 for PFS.

BofA was the lowest for me at the time (including PenFed and the others). 2.19 with preferred status. Otherwise it's 2.69, just like their website says. Dealer made it worth my while to go with PFS instead of taking the better rate.

Edit: these are all 60 months.

MEM82

Best rates I have seen for medium -long term
60- 1.99
72- 2.37
84- 2.49

ExMB

Finance rates depend on your credit score and sometimes on your relationship with the institution. That said, I can't believe people finance cars as long as 7 years. You're up-side-down from the gitgo for the longest time. IMHO if you have to go that long you really can't afford it.

Pokerhobo

Just picked up my GT4 last Friday. Went with BECU (local credit union I've been with for a long time) since PFS had the same rate. I have a top tier credit score and wanted a 5 year loan. Got 2.74%. The mythical 1.97% that was thrown around for PFS was specifically for non-GT cars.

911F1

2.5% / 60 months with Porsche Financial on July 3rd. Tier 1 credit

_nosubstitute_

From which company? 2.49 is really low for a 84 month term.

MEM82

sure is low! carolina cooperative federal credit union. heard about it on leasehackr. just join north carolina consumers council i believe its called for 20 dollars and theyll mail you an application..anyone can join.
take a bit longer since everything is mailed to you to join, its a small CU. no prepayment penalty either.

ExMB

Of course not. AFAIK its against federal law.

JAhmed

I billed my car out 05/18/2020 and got 2.49% thru PFS

wcw67

That depends on the equity going into the deal.

wcw67

Ya'll aren't trying hard enough! I've 1.95 from 60-84mos w/a credit union. This is in TX however. Not sure that makes a diff. for those outside of TX. Prior to going to sign papers I always secure my own financing and there's plenty of options out there. Especially now.