Residual value leasing
What about the residual values of the vehicles?
Porsche Bank's experts assess the residual value of your leased vehicle based on the agreed mileage and term in line with current market conditions. Our experience as a market leader enables a realistic residual value estimate.
If the intensity of use is as agreed and the market develops as expected, Porsche Bank's professional liquidation structures ensure the lowest possible residual value risk for the customer and a smooth end to the contract.
Can I cancel the contract at any time?
A residual value leasing contract can be terminated by you in writing at any time. The difference between the termination value and the used car proceeds will be settled with you.
What other costs besides the leasing rate should I expect?
Ongoing operating costs, such as comprehensive and liability insurance, engine-related insurance tax, maintenance and repair costs. The statutory contract and handling fee is incurred upon conclusion of the contract.
What happens to the vehicle when the lease is over?
When the contract expires, return the vehicle to the dealer who delivered it. He/she will be happy to advise you on the exchange of the vehicle and the conclusion of a new contract. If you wish to continue using your vehicle, you can simply continue the leasing contract.
Wear and tear and accident repairs are taken into account in the final contract settlement, unless they are covered by a maintenance contract or comprehensive insurance. Deviations from the agreed mileage are included in the final settlement.
What happens when the interest rate market changes?
For contracts concluded with fixed interest rates, nothing changes until the end of the contract.
Contracts with variable interest rates are adjusted. The 3-month EURIBOR serves as the basis for calculation. If this changes by more than 0.25% points, the fee will be adjusted as of the first of the month of the following quarter.