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Porsche motor finance claims
Porsche is a luxury sports and SUV brand with some of the highest average agreement values in the UK market; commission disclosure failures on Porsche agreements may attract significantly above-average redress.
PCP was strongly dominant for Porsche, with Volkswagen Financial Services (VWFS) active through franchised Porsche dealers. Note that VWFS is currently challenging the FCA's scheme in the Upper Tribunal. Very high average agreement values mean commission exposure can be substantial in eligible cases.
Porsche operates at the luxury end of the UK market, with some of the highest average finance agreement values in scope of the FCA scheme. PCP was near-universal for new Porsche purchases, with agreement values ranging from approximately £45,000 on a Macan to over £120,000 on a Cayenne Turbo or full specification 911. At these values, a commission-inflated interest rate could represent thousands of pounds of additional cost, making Porsche potentially one of the highest-value individual claim categories in the scheme.
Common Porsche models financed during the scheme period
Porsche Cayenne
Porsche's flagship SUV and its bestselling UK model; among the higher-value motor finance agreements across the entire UK market, commission disclosure failures here may attract the highest levels of redress.
Porsche Macan
Porsche's compact SUV launched in 2014; rapidly grew to become Porsche's bestselling model, predominantly sold on PCP with significant agreement values.
Porsche Panamera
Porsche's executive four-door; above-average agreement values, commission exposure in eligible cases is correspondingly significant.
Porsche 911
Porsche's iconic sports car; among the highest agreement values in the UK motor finance market throughout the scheme period.
Porsche 718 Boxster / Cayman
Porsche's mid-engine sports cars; above-average agreement values given luxury sports positioning, predominantly sold on PCP.
Lenders that financed Porsche
These UK lenders wrote Porsche finance during the FCA scheme period. Pick the one named on your agreement.
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