This document ‘Target Market Determination’ describes who a product is appropriate for (target market), and any conditions around how the product can be distributed to customers.
For more information visit the Target Market Determinations page
If you wish to trade-in your Porsche for a new vehicle, all you need to do is return it to your Porsche Centre. If the trade-in value is higher than the GFV^, you can use this equity towards your new Porsche.
If you prefer to retain your Porsche, simply let us know. Provided that you also meet the relevant payment obligations under your contract, you can purchase your vehicle outright for the GFV amount locked in at the start of the contract^. Then your Porsche is yours to keep. Or you can choose to refinance your balloon at the end of the term.
All you need to do is hand your Porsche back and, if the vehicle meets the agreed kilometre and fair wear and tear requirements^, you will have no more to pay.
^Porsche Guaranteed Future Value has a Guaranteed Future Value (GFV) which is the minimum value of your vehicle at the end of your finance contract as determined by PFS. If you decide to return your vehicle to PFS at the end of your term, PFS will pay you the agreed GFV, which will be put against your final payment subject to fair wear and tear conditions and agreed kilometres being met. At the end of your term, you can elect to (1) trade-in; (2) return; or (3) retain the vehicle by paying the GFV owed to PFS at the end of the loan term after all repayments have been made. You will be liable for any loan contract deficit and additional charges apply if you exceed the nominated kilometre allowance and/or the vehicle is not in an acceptable condition. Available on new, demonstrator or Porsche Approved pre-owned vehicles for selected Porsche models. Contact your Official Porsche Centre to check eligible vehicles for this program. To see if this product is right for you, please see our Target Market Determination on our website and/or seek independent advice. Fleet, government, rental buyers, hire car and chauffeur companies excluded.
View the Target Market Determination for our Financial Services products here.
Important Information: Because we do not know your personal objectives, please consider whether these products are appropriate for your circumstances. Before acting on any of the information on this website, please seek independent tax advice. Full terms and conditions are available upon application. Available only to approved applicants of Porsche Financial Services ABN 20 097 071 460, Australian Credit Licence 389344. Subject to credit assessment. Fees, charges, T&C's apply.
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