Vehicle repair loan » Prerequisites etc. | Porsche Bank

Repair and accessories loan

The uncomplicated small loan for repairs & accessories.

Need to repair more than just a scratch in the paint? No need to worry, because this is exactly what the made-to-measure Porsche Bank repair loan exists for. This ensures that the value of your vehicle is retained.

And incidentally: holidays coming up, but there’s not exactly room in the budget for a roof box right now? The Repair & Care financing will help you out in this case too.

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Prerequisites

Desired amount is between 300 EUR and 3,000 EUR

Applies to private individuals with a valid employment contract

Minimum age 18 years

Truthful self-disclosure

Copy of identity document and current proof of income

Direct debit order

Pay the desired financing amount easily and conveniently in 12 equal monthly instalments. A one-off processing fee of 2.5% is charged. Your service consultant will be happy to advise you!

Offer valid until revocation. Only with participating companies. Processing fee 2.5%. Effective interest rate 4.8%. No account maintenance charge.

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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.