Porsche 360 Financing Launched. Resale Value AssuredAuto News
Sime Darby Auto Performance (SDAP), the authorised distributor of Porsche vehicles in Malaysia today announced the introduction of the Porsche 360 Financing programme, in conjunction with the unveiling of the 2018 911 GT3.
According to SDAP, the Porsche 360 Financing programme is an alternative to conventional financing, offering lower monthly payments and flexible terms for better cash flow management.
How it works is that customers will have to choose their preferred financing period of three, four or five years for their new Porsche, which subsequently establishes the assured resale value of the vehicle based on the model and specifications.
At the end of the financing term, the owners will have three options:
- Trade in the vehicle at authorised Porsche Pre-Owned Centres at the assured resale value and use the balance payment as a down payment for a new vehicle.
- Extend the financing programme or terminate it (after third year) by settling the outstanding amount in full.
- Return their Porsche without any additional commitments
However, 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.
Speaking of maintenance, all Porsche vehicles sold by SDAP come with a four-year warranty and four-year complimentary maintenance package which includes service, parts and also labour, which can be extended up to nine years at an additional cost.
The company also added that the Porsche 360 Financing Programme is not applicable to ‘GT’ and special edition models.