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2019 GT3 RS Leasing - Anyone have experience in this? Money Factor?

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Old 01-16-2019, 01:36 PM
  #121  
Yippiekiaye
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Originally Posted by joejenie
Yes, Sales adviser. He ran it though finance I'm assuming. The money factor was terrible (I can't remember exactly, but close to 10%). In my case, buying makes more sense because I have trade ins that cover the sales tax. On top of that, I'm not willing to try and write it off as my company car.

Amazon only leases in California currently.
Yeah but after waiting 8 months for your car, if you lease, you can drive it for 4 days and turn it in for no cost. Come man! Get with the program.
Old 01-16-2019, 02:31 PM
  #122  
joejenie
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Originally Posted by Yippiekiaye
Yeah but after waiting 8 months for your car, if you lease, you can drive it for 4 days and turn it in for no cost. Come man! Get with the program.
Haha. Only reason I would lease is if I could write it off somehow in my business. Or if the money factor was a special deal from Porsche that was cheaper than what I'm making with my money other places. Not the case here. Amazon's lease deal is pretty good though if you are playing that game.

In my case, writing it off might be tough since the company already owns a Raptor for me to drive around work. Might be tough to explain I need a 3RS for Fridays.....
Old 03-11-2019, 08:56 PM
  #123  
Josh@AmazonLeasing
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Hello Rennlist community!

My name is Josh and I am a resident Lease Specialist. Majority of the time I will be the one posting threads, commenting and responding to any questions or concerns you may have.

I saw a number of people bring up our company. Amazon Leasing headquarters are located in Camarillo, CA, but we actually offer nationwide leasing options. We have a few luxury vehicles for lease, but if there is a specific car you are interested in leasing, please message me and we can try and make something happen for you!

I look forward to building relationships and assisting this forum with all of your leasing needs!

Please PM me or Email me Direct at Josh@amazonleasing.com
My Direct Line is 949-491-4325 please feel free to call or text anytime!
Website - https://www.amazonleasing.com/index.php

Last edited by Josh@AmazonLeasing; 03-11-2019 at 09:05 PM. Reason: edited text
Old 03-12-2019, 12:49 AM
  #124  
signes
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"Note: We currently offer leases for California residents only."
Old 03-12-2019, 01:43 PM
  #125  
Josh@AmazonLeasing
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Originally Posted by signes
"Note: We currently offer leases for California residents only."
What you read here is in regards to our online calculator for California residents that the link takes you too, if you want something outside of California just call for a quote.

Hope this clears that up for everyone!

Cheers!
Old 03-12-2019, 01:58 PM
  #126  
ChicagoWhale
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Which lease structure pays more money going to interest/rent? Higher money factor, low residual (PFS), or lower money factor higher residual (Amazon)?

Also, if you're leasing a car which will have an enormous amount of equity at lease-end, which is better for a client: higher residual or lower residual?
Old 03-12-2019, 09:51 PM
  #127  
C.J. Ichiban
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Originally Posted by ChicagoWhale
Which lease structure pays more money going to interest/rent? Higher money factor, low residual (PFS), or lower money factor higher residual (Amazon)?

Also, if you're leasing a car which will have an enormous amount of equity at lease-end, which is better for a client: higher residual or lower residual?
That depends on if you are trying to keep it- a high residual just means you get double dipped since interest recalculates and used cars always have a higher interest rate risk than new cars.

The best way to get the best write off is the biggest monthly payment, since you can only write down a % of everything anyway. So, bigger gross payment and bigger write off, then you can buy car out cheaper in the end.

Some companies tailor it to customer needs, but unless you can just turn the keys back in you're not in a great spot with a high residual.
Old 03-13-2019, 01:36 AM
  #128  
spyder fan
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I can't even comment on how clueless this guy is. First of all, who pays over sticker and who would ever lease an RS?
Old 03-13-2019, 01:47 AM
  #129  
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Porsche Financial is in business to make money, not to facilitate sales. As your mother once told you, if you can't afford it don't buy it. Who puts $100,00.00 down on a lease?
Old 03-13-2019, 12:34 PM
  #130  
WantA997
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Originally Posted by spyder fan
I can't even comment on how clueless this guy is. First of all, who pays over sticker and who would ever lease an RS?
Given how many people in this thread lease their RS (myself included), it seems like the only clueless person here is you.
Old 03-13-2019, 05:29 PM
  #131  
rodsky
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Old 03-13-2019, 06:21 PM
  #132  
konaforever
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Originally Posted by WantA997
Given how many people in this thread lease their RS (myself included), it seems like the only clueless person here is you.
Not to mention how many paid over ADM.
Old 03-14-2019, 02:06 AM
  #133  
Mr. Vanos
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Originally Posted by C.J. Ichiban

Some dealers 'double whammy' their ADM customers and tax the full amount , others take a donation or side fee.
Most dealers in Kali are corporate owned so I’m told they don’t allow side fees. Where would that show up on the receivable side? Is this an absolute or is it doable but they just don’t want to do it? It’s one thing if your ADM is 5k but some are paying 250k+ ADM and getting bent over on the tax. Nuts. I paid a very small ADM so it wasn’t a huge deal. I even asked if they could write it up as a warranty or some other non-taxable service and their management said they were not allowed.
Old 03-14-2019, 07:59 PM
  #134  
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Originally Posted by Mr. Vanos
Most dealers in Kali are corporate owned so I’m told they don’t allow side fees. Where would that show up on the receivable side? Is this an absolute or is it doable but they just don’t want to do it? It’s one thing if your ADM is 5k but some are paying 250k+ ADM and getting bent over on the tax. Nuts. I paid a very small ADM so it wasn’t a huge deal. I even asked if they could write it up as a warranty or some other non-taxable service and their management said they were not allowed.
I was offered to donate to a ferrari dealer's favorite charity one time, another was a non refundable deposit...lots of creative ways



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