Residual Loan
Affordable and flexible.
With the Residual Loan, you benefit from particularly low monthly instalments, since the residual value is only due at the end of the contract. And then you have the choice: vehicle exchange, follow-on loan or loan repayment.
Your options at the end of the contract:
1) Vehicle exchange
Simply hand the vehicle back in and choose a new one. Your dealer will make you an attractive exchange offer for the used car.
2) Loan extensionDo you wish to keep your car and continue using it? The convenient follow-on financing option by Porsche Bank makes this possible.
3) Loan repaymentBecome the owner of your vehicle and pay off the outstanding residual value. At the end of the contract term, the car belongs to you.
Your benefits with the Porsche Bank Residual Loan
Low rates
Your added value with the Residual Loan? The especially low monthly instalment rates! Because the residual value is only due at the end of the contract.
Fast processing
Benefit from speedy, unbureaucratic processing - within a very short time, you’re that much closer to your dream car.
Additional coverage option
With the Residual Loan option, the debt waiver provides you with extra protection. Here, the outstanding loan is completely covered in the event of the death of the borrower. This safeguards your heirs against unexpected payments. The debt waiver is an optional extra.
Flexible end of contract
At the end of the term, the choice is yours: you can exchange the vehicle, finance it by way of a follow-on loan or pay off the outstanding loan amount.
Additional optional extras
fullCASCO (Fully Comprehensive Insurance)
Includes GAP coverage and halved deductible for repairs in our official brand repair shops
Motor vehicle third-party liability
The coverage of up to 15 million EUR provides you with optimum protection against claims by third parties.
Unemployment insurance
Helps you out in the event of illness or involuntary unemployment.
Motor vehicle legal protection
Supports you by ensuring that your claims are asserted in court.
Passenger accident insurance
A big safety advantage for you and your passengers.
Frequently asked questions about loans
Loan
A loan is a form of financing in which the purchase price plus accruing financing interest is divided into monthly installments over a specific term. Special payments are possible at any time. Upon payment of the last loan installment, the vehicle becomes your property.
The great advantage with a loan is that you can make special payments at any time and thus reduce the total term of the loan. You can also pay the entire outstanding loan amount at once and thus become the unrestricted owner of the vehicle.
When the debt waiver is concluded, the outstanding loan is covered upon the borrower's death. This protects your heirs from unforeseen payments and the vehicle becomes their property.
In addition to the monthly loan installments, ongoing operating costs such as comprehensive and liability insurance, engine-related insurance tax, and maintenance and repair costs must be paid. Processing costs are incurred upon conclusion of the contract.