Leasing GT4
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Boulder Mike (07-23-2020)
#2
Porsche leasing is a losing proposition as evidenced by numerous posts on RL; across all models.
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Zhao (07-29-2021)
#5
Regular Caymans and Boxsters have much better money factors (00151)
and RV at present.....Money Factor for last Month as well as July is .00200 anD is you multiply that by 2400 you will see it comes out to 4.8% for tier 1 credit and I also think its for tier 2 Credit as well but I am not totally sure on the latter. Residuals are terrible if you return the car, ( but since they are so low it is great if you write it off then buy the vehicle at term..... )
A 39 month lease has a RV of 42%, a 42 month lease wiuld be 40% .
when I reviewed the chart in July for MY 2021 it had not changed at all, nor did the MF for the Spyder/GT4.
and RV at present.....Money Factor for last Month as well as July is .00200 anD is you multiply that by 2400 you will see it comes out to 4.8% for tier 1 credit and I also think its for tier 2 Credit as well but I am not totally sure on the latter. Residuals are terrible if you return the car, ( but since they are so low it is great if you write it off then buy the vehicle at term..... )
A 39 month lease has a RV of 42%, a 42 month lease wiuld be 40% .
when I reviewed the chart in July for MY 2021 it had not changed at all, nor did the MF for the Spyder/GT4.
#7
Burning Brakes
Better to pay cash or use a bank line of credit at subprime. As this is a GT car, residuals and true cost to own will be less than what Porsche Financial Services will calculate.
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#9
Rennlist Member
#12
what is the RV on a 36 month lease for a Spyder?
Is the RV chart the same on the cayman as it is the boxster?
do you happen to have to it for the MY2020 911 992?
Is the RV chart the same on the cayman as it is the boxster?
do you happen to have to it for the MY2020 911 992?
Regular Caymans and Boxsters have much better money factors (00151)
and RV at present.....Money Factor for last Month as well as July is .00200 anD is you multiply that by 2400 you will see it comes out to 4.8% for tier 1 credit and I also think its for tier 2 Credit as well but I am not totally sure on the latter. Residuals are terrible if you return the car, ( but since they are so low it is great if you write it off then buy the vehicle at term..... )
A 39 month lease has a RV of 42%, a 42 month lease wiuld be 40% .
when I reviewed the chart in July for MY 2021 it had not changed at all, nor did the MF for the Spyder/GT4.
and RV at present.....Money Factor for last Month as well as July is .00200 anD is you multiply that by 2400 you will see it comes out to 4.8% for tier 1 credit and I also think its for tier 2 Credit as well but I am not totally sure on the latter. Residuals are terrible if you return the car, ( but since they are so low it is great if you write it off then buy the vehicle at term..... )
A 39 month lease has a RV of 42%, a 42 month lease wiuld be 40% .
when I reviewed the chart in July for MY 2021 it had not changed at all, nor did the MF for the Spyder/GT4.
#13
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Join Date: Nov 2016
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I'd love to buy a one year old 718 GT4 for 58% of MSRP ... or how about a four year old 981 GT4 for 38% of MSRP?
I think Porsche deliberately sets low residuals for GT cars since they are in high demand and limited by production capacit. Porsche have nothing to gain by making them cheap to lease, and they'd lose their exclusivity if Joe Schmoe could lease one for cheap given their historically strong resale values.
If you did lease one, you'd be stupid to not buy it out at the end of the lease. The money factor still sucks, so it would only make sense to lease if the tax deduction rules in your area favour leasing a high priced vehicle over financing.
I think Porsche deliberately sets low residuals for GT cars since they are in high demand and limited by production capacit. Porsche have nothing to gain by making them cheap to lease, and they'd lose their exclusivity if Joe Schmoe could lease one for cheap given their historically strong resale values.
If you did lease one, you'd be stupid to not buy it out at the end of the lease. The money factor still sucks, so it would only make sense to lease if the tax deduction rules in your area favour leasing a high priced vehicle over financing.
Last edited by wizee; 07-23-2020 at 06:50 PM.
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jake18 (07-29-2021)
#14
21 718 GTS 4.0 money factor?
do you happen to have the updated money factors for the 21 718 GTS 4.0?
Regular Caymans and Boxsters have much better money factors (00151)
and RV at present.....Money Factor for last Month as well as July is .00200 anD is you multiply that by 2400 you will see it comes out to 4.8% for tier 1 credit and I also think its for tier 2 Credit as well but I am not totally sure on the latter. Residuals are terrible if you return the car, ( but since they are so low it is great if you write it off then buy the vehicle at term..... )
A 39 month lease has a RV of 42%, a 42 month lease wiuld be 40% .
when I reviewed the chart in July for MY 2021 it had not changed at all, nor did the MF for the Spyder/GT4.
and RV at present.....Money Factor for last Month as well as July is .00200 anD is you multiply that by 2400 you will see it comes out to 4.8% for tier 1 credit and I also think its for tier 2 Credit as well but I am not totally sure on the latter. Residuals are terrible if you return the car, ( but since they are so low it is great if you write it off then buy the vehicle at term..... )
A 39 month lease has a RV of 42%, a 42 month lease wiuld be 40% .
when I reviewed the chart in July for MY 2021 it had not changed at all, nor did the MF for the Spyder/GT4.