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Leasing GT4

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Old 07-17-2020, 09:00 PM
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incursion
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Default Leasing GT4

Anyone leasing their GT4? If so, what's the residual and money factor?
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Old 07-17-2020, 09:06 PM
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ExMB
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Porsche leasing is a losing proposition as evidenced by numerous posts on RL; across all models.
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Old 07-17-2020, 09:17 PM
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I run it through my business.
Old 07-17-2020, 09:36 PM
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Hit Apex
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Originally Posted by incursion
I run it through my business.
Probably better off buying and depreciating vs. leasing. Still can be a business expense. The lease deals have historically been horrible (low residual, high MF).
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Old 07-18-2020, 02:00 PM
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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.
Old 07-18-2020, 02:08 PM
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For people who lease well optioned vehicles the MY2021 MRM went up
$1k from MY 2020 ( as did the the base MRSP)
Old 07-18-2020, 07:24 PM
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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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Old 07-18-2020, 08:09 PM
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Wouldn't the residual probably be really high, which would be good if I don't intend to buy it?
Old 07-18-2020, 08:17 PM
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Originally Posted by incursion
Wouldn't the residual probably be really high, which would be good if I don't intend to buy it?
You would think, but no. Take a look at the chart above. They're not doing you any favors!
Old 07-18-2020, 08:21 PM
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Originally Posted by ToasterThief
You would think, but no. Take a look at the chart above. They're not doing you any favors!
Oh, didn't even seen the GT4 there.
Old 07-19-2020, 12:55 AM
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Porsche has horrible leases compared to other manufacturers.
Old 07-23-2020, 05:12 PM
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Jessica Skatell
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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?

Originally Posted by vtmikev
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.
Old 07-23-2020, 05:33 PM
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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.

Last edited by wizee; 07-23-2020 at 06:50 PM.
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Old 07-29-2021, 12:27 PM
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Default 21 718 GTS 4.0 money factor?

do you happen to have the updated money factors for the 21 718 GTS 4.0?

Originally Posted by vtmikev
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.
Old 07-29-2021, 02:00 PM
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Originally Posted by incursion
I run it through my business.
Get a better accountant! No way you should lease the GT4


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