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29 Nov 2022

Oracle Finance shares your passion for Porsche

Porsche remains the number one marque for Club partners Oracle Finance

At Oracle Finance we love a Porsche, in fact we currently fund more Porsches than any other make of car. Over 460 Porsches and climbing this year alone to be precise! Having always been our most popular brand of sports car, the brand has grown over the last six months to become the most favourable brand to be funded for our customers. What good taste they have!
 
So how do you usually purchase your Porsche? Most likely you go into a main dealer to enquire about a new or used car, they go through the details and give you a monthly price based on your deposit and length of term, it is roughly around budget, so you accept. Because it fit your budget and hopefully was the car you were looking for, you feel you have a good deal and are happy with your purchase. But what if it could have been different?

If you had gone into a dealership looking at a car that may have been a couple of years old, they probably would have convinced you that a new one is the cheaper alternative in terms of payments per month. This is all down to the Annual Percentage Rate, or APR. On a brand-new car, they have the ability to subsidise some of the cost by the manufacturer to allow them to effectively offer a better rate of APR. With this in mind, it was usually the case that many dealerships could offer a lower APR on said brand new car than independent finance lenders as they did not have the ability to subsidise, or build in, the cost of reducing the rate into the price of the car. But things are changing.

Thanks to the recent rises in the Bank of England Base Rate, however, the competitive rates that dealerships could once offer are on the rise, and now more than ever, the playing field is becoming more level, even swinging in the opposite way in many cases. Both new and used car finance packages at dealerships have seen the interest rates rise and seem to be taking more of a hit than independent finance providers can offer.

Banks and dealerships offer a ‘one size fits all’ approach without the flexibility or bespoke options that we can source for you using our relationships with some of the biggest lenders in the industry. Before you agree that finance package with the dealership, why not challenge us to beat the dealerships to see if we can use our panel of lenders to provide you with a finance package that is better suited to you and your circumstances.
 
As well as providing a bespoke package just for you, your very own dedicated Account Manager will help you every step of the way to ensure your experience is hassle free and catered to your situation. With a 5-star TrustPilot rating and over £1.7 billion of prestige, classic and supercars funded so far, you are just one click or phone call away from finding the perfect finance package for you.

If you could buy the same car from the same dealership but at the end of the day end up with a package bespoke to you, isn’t it worth that call?
 
Already funded your car with the dealership and wondering if you could benefit from the same exceptional service? Of course you can, speak to your dedicated Account Manager today about your refinancing options.
 
Start your Oracle Car Finance journey today by speaking to your dedicated Account Manager on 0330 333 4592 or complete our short online form.
 
Make sure you follow Oracle Finance on InstagramLinkedIn and Facebook to keep up to date with what’s happening in the market and to see some stunning photos and videos of the amazing cars they fund.
 
Oracle Finance is a credit broker not a lender. They can introduce you to a number of different lenders who may be able to provide funding for your vehicle; they may receive commission for doing so. Oracle Asset Finance Ltd is authorised and regulated by the Financial Conduct Authority (Financial Services Register No. 662576) for the sale of consumer credit. For more information, please visit oraclefinance.co.uk.
 

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