Porsche Financial

[Anonymous]

Anybody have any experience with Porsche Financial? I am wondering how they work with those who have been reestablishing their credit.

[Hokies2379]

They tell you to buy a mazda.

[Jon85]

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@Hokies2379 wrote:

They tell you to buy a mazda.

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Epic.

[Anonymous]

$52,000 down should help. 40%

[Anonymous]

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@Anonymous wrote:

$52,000 down should help. 40%

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That should definately help.  What are your scores?  How does your credit profile look like?  I see you posting and asking questions about Penfed and such but you haven't really divulge what your profile is like to get real answers.

[Anonymous]

I have mid 600 scores, 25% DTI, Chpt 13 disch 11/2015, 5 credit cards in last 12 months with 0 balances, MTG with 0x30 in last 12 months after loan modification. I'm hoping the cash down and low debt ratio come into consideration. I've owned my home since 2003 and worked at my company for 6 years and counting.

[Creditplz]

I walked into my local Porsche dealer and they told me I can lease and pay the full lease up front, I was very tempted, but the DW has a lease from Porsche Financial for a Panamera 4S. They are good to work with in my opinion, but they have you on the phone going in circles for an hour if you have a question...

We showed $247,000 household income, 6,000 down 24month / 10,000 miles annually and were approved, her Fico's were in 770's not sure about Auto score

[Creditplz]

It's kinda cool thought, you can lease and they have a program called "pay ahead" and you can pay the next 1-24 months ahead of time and not have to worry about making a payment. Kinda like automatic pay.

[surferchris]

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@Jon85 wrote:

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@Hokies2379 wrote:

They tell you to buy a mazda.

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Epic.

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+1

[Anonymous]

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@Creditplz wrote:
It's kinda cool thought, you can lease and they have a program called "pay ahead" and you can pay the next 1-24 months ahead of time and not have to worry about making a payment. Kinda like automatic pay.

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What's so cool about that? That's just like buying a car with cash but it's renting a car with cash. Audi offer the same thing