 After choosing the Porsche you like, you simply pay a deposit to suit your available capital ( normally 10% ), and your monthly payments are then made over an agreed period. At the end of that period the car is yours to keep, sell or part exchange. This is the simplest and most common form of finance.
All you need to do now is decide upon the size of your deposit and the repayment period, ( 24, 36, 48 or 60 months ).
Hire Purchase is also an attractive option for businesses. Not only does the car appear as an asset in the company accounts, but you can use the capital you would have spent buying a car outright within your business, thereby easing your cash flow. In addition to this all of the interest on your payments is allowable against tax and payments do not attract VAT, making Hire Purchase ideal for non-VAT registered businesses. The car`s value can also be written down against your profits.
Main Advantages - Eventual ownership
- Low initial outlay
- Flexible payment pattern
- More capital available for your business
- Interest charges claimable against tax
- Fixed interest rate
- Writing down allowance
- Fixed budgeting
- Finance not subject to VAT
Before making your decision, you may wish to find out more about the full range of financial options available, speak to our sales team.
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