Alongside the launch of the facelifted Porsche 911 GT3 last week, Sime Darby Auto Performance (SDAP) has also introduced the Porsche 360 Financing – an intelligent alternative to conventional financing with lower monthly repayments and flexible terms for better cash flow.
The financing programme is not applicable to the “GT” and special limited edition Porsche models – sorry to get your hopes up. Customers can choose to have their preferred financing period of three, four or five years. Subsequently, the assured resale value of the vehicle is established according to the model and specifications of the vehicle.
Within the third to fifth year prior to the end of the financing programme, owners are able to either trade-in their vehicle for a new Porsche, or refinance the loan amount.
At the end of the financing term, the owners have three options:
- Trade in their vehicles at any Authorised Porsche Pre-Owned Centre at the reassured resale value. The programme is structured in such a way that the remaining loan amount is generally lower than the reassured resale value. The owner would then receive a balance payment that could go towards the downpayment for a new vehicle, making it a fuss-free transition to a new Porsche.
- Secondly, from the third year onwards, customers can extend the financing programme for the vehicle or to terminate the financing arrangement by settling the outstanding loan amount in full.
- Thirdly, owners can decide to return their Porsche without any additional commitments.
In order to uphold the assured resale value, Porsche owners are required to service and maintain their vehicle at one of the three Authorised Porsche Service Centres in Kuala Lumpur or Penang.
For the first four years, all cars sold by SDAP are equipped with a comprehensive Four-Year Warranty and Four-Year complimentary maintenance package including service, parts and labour. The warranty can be extended up to nine years.