Several have received their cars and considered leasing
#1
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What have been the terms being offered for the 991GT3?
Though I realize that leasing terms change month to month and I don't expect to get my car until early April, I am debating between writing a check or leasing. Curious about what Porsche is offering for a lease.
Though I realize that leasing terms change month to month and I don't expect to get my car until early April, I am debating between writing a check or leasing. Curious about what Porsche is offering for a lease.
#2
Nordschleife Master
#6
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The residuals are artificial to make sure that a GT3 isn't cheaper to lease than a lesser 911...
If I remember correctly, the residual is about 52% of MSRP for 3 years/30k miles. A Carrera is in the high 50s%.
If you do a one-time lease payment of $70,000 including tax, you can drive a base car off the lot free and clear for 3 years. It would then be smart to sell the car private party.
I wouldn't even consider a month-to-month lease as the rent is too damn high.
If I remember correctly, the residual is about 52% of MSRP for 3 years/30k miles. A Carrera is in the high 50s%.
If you do a one-time lease payment of $70,000 including tax, you can drive a base car off the lot free and clear for 3 years. It would then be smart to sell the car private party.
I wouldn't even consider a month-to-month lease as the rent is too damn high.
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#7
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[QUOTE=Serge944;11086984]
If you do a one-time lease payment of $70,000 including tax, you can drive a base car off the lot free and clear for 3 years. It would then be smart to sell the car private party.
Can you elaborate on this approach?
If you do a one-time lease payment of $70,000 including tax, you can drive a base car off the lot free and clear for 3 years. It would then be smart to sell the car private party.
Can you elaborate on this approach?
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#9
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If the residual is too low, just buy the car at the end of the lease and sell it, or keep it. To me, that's the biggest advantage to leasing - you effectively "insure" the residual value. If the residual is too high, give them the keys and walk away smiling. Years ago, I leased a BMW with a $23,000 residual that was only worth $16,000 when I turned it in (market value, nothing to do with condition). Pretty good deal for me!
#10
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I guess the benefits to leasing is paying a portion of the sales tax with each monthly payment and ease in returning the car. For that you do pay a hefty price.
#12
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#13
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If the residual is too low, just buy the car at the end of the lease and sell it, or keep it. To me, that's the biggest advantage to leasing - you effectively "insure" the residual value. If the residual is too high, give them the keys and walk away smiling. Years ago, I leased a BMW with a $23,000 residual that was only worth $16,000 when I turned it in (market value, nothing to do with condition). Pretty good deal for me!
That said, the sales tax advantage is a big one, as is the business tax deduction, so I continue the leasing game.
#14
Race Director
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I must be too simple to understand this, but even with tax advantages, the leasing cost doesn't seem to many sense to me on a car which depreciates very little like the gt3. If you look at 2 year old gt3, they are selling at most at $20k off msrp. I was ball-parked a monthly lease of approx $2700 for 24 mo + a downpayment of $5k if memory serves me. That's almost $70k in total.. Take a base gt3 at $131k - $70k = $61,000. Where can anyone find a $61k 2012 gt3????
Purchase cash or finance this car, then sell it if you must.. Leasing doesn't make any sense. Where am I wrong here?
Purchase cash or finance this car, then sell it if you must.. Leasing doesn't make any sense. Where am I wrong here?