Financing the 4S

yman182

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I am hoping to receive my 4S in a few weeks and it is time to start looking at financing options. Has anyone financed the full amount of the car before, for me that will be around 155k. I have never financed that much on a car, but if rates are low, it seems like a good deal for me. I wasn’t sure if Porsche financing is any good.

My dealer said to check back on the 2nd as that is when new financing promotions start.

Curious what others have done.
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Mus

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I financed my Taycan TS. I traded my 911 4s (991). Financed amount about 150k. US bank offered 3%, Porsche NA had a rate 2.49%. US bank matched. Credit score 810. Hope that helps
 
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yman182

yman182

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That helps a lot! How long ago was this?
 

Mus

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This was early May 2021. Cheers and good luck!
 

nafzal80

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BofA has financing at 2.29% for up to 72 months.

you can get 0.25% to 0.5% off of that rate depending on your BofA preferred rewards status level.

I am gold preferred and will be given a 2.04% rate over 72 months (excellent credit and will be financing a new $134k taycan CT4s).

I confirmed this by calling them a couple of days ago.

they are offering 2.29% across all 48, 60 and 72 month terms.
 
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yman182

yman182

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BofA has financing at 2.29% for up to 72 months.

you can get 0.25% to 0.5% off of that rate depending on your BofA preferred rewards status level.

I am gold preferred and will be given a 2.04% rate over 72 months (excellent credit and will be financing the a new $134k taycan CT4s).

I confirmed this by calling them a couple of days ago.

they are offering 2.29% across all 48, 60 and 72 month terms.
I will need to call BofA. Those rates look very good.
 
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yman182

yman182

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BofA has financing at 2.29% for up to 72 months.

you can get 0.25% to 0.5% off of that rate depending on your BofA preferred rewards status level.

I am gold preferred and will be given a 2.04% rate over 72 months (excellent credit and will be financing the a new $134k taycan CT4s).

I confirmed this by calling them a couple of days ago.

they are offering 2.29% across all 48, 60 and 72 month terms.
Are you financing the full amount of the car or putting a certain percentage down?
 

nafzal80

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Are you financing the full amount of the car or putting a certain percentage down?
I will likely do $10k down, but they offer it for $0 down too, this rate has been offered for financing of $200k cars. Recommend you call BofA and talk to them over the phone.

Better rates than any of the large national or regional banks.
 
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MissionC

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+1 on BofA. I’m a platinum honors yada yada member and used them to finance my 4S purchase in June 2020. Just went back to check and I could now get a new car loan for 1.79% APR with all the discounts. I may call them next week and see if I can do a refi at that level!
 

VOLT4GE

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+1 on BofA. I’m a platinum honors yada yada member and used them to finance my 4S purchase in June 2020. Just went back to check and I could now get a new car loan for 1.79% APR with all the discounts. I may call them next week and see if I can do a refi at that level!
Good idea. I’m going to do likewise.
 

Hevonen

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I am hoping to receive my 4S in a few weeks and it is time to start looking at financing options. Has anyone financed the full amount of the car before, for me that will be around 155k. I have never financed that much on a car, but if rates are low, it seems like a good deal for me. I wasn’t sure if Porsche financing is any good.

My dealer said to check back on the 2nd as that is when new financing promotions start.

Curious what others have done.
I financed mine through Bank of America a few weeks back when they were running a promotion on top of existing client discounts. I got 1.59% borrowing $110k on a $140k 4S.
 

markrm61

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BoA has great rates and the dealer process was simple since Porsche Marin is in their dealer network. Did half of the purchase at 1.99% @ 4 years being a preferred customer.
 

gps217

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Bank of America is offering 1.79% for platinum honors members. I believe the threshold for being platinum honors is having >$100k in total in your accounts.
 

MohCT4

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Thanks for this info everyone! Dealer's best rate was 3.99%, BoA was able to give me 2.04%
TaycanForum FTW once again!
 

MohCT4

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Also FYI, they're running a .20% off special that ends today, you can lock in for 30 days.
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