Turbo Lease Rates Wanted
11-17-2013, 02:51 PM
Rennlist Member
Join Date: Oct 2002
Location: USA
Posts: 595
Quote:
Originally Posted by
tomshop
Dealers try for .0022 but the right rate is .002.
Is this on turboS coupes? 36 month? My dealer seems to charging a lot more based on my calculations.
11-17-2013, 04:34 PM
Instructor
Join Date: Jan 2012
Location: New York
Posts: 195
Would ask your dealer. That was for 36 mos but I don't think it changes. Same rate for all cars. Residuals change but not rate.
11-17-2013, 05:24 PM
Rennlist Member
Join Date: Oct 2002
Location: USA
Posts: 595
Quote:
Originally Posted by
tomshop
Would ask your dealer. That was for 36 mos but I don't think it changes. Same rate for all cars. Residuals change but not rate.
Dealer probably won't reveal the buy rate. Is that the rate you got on a turboS recently? Thanks for your help.
11-17-2013, 06:58 PM
Instructor
Join Date: Jan 2012
Location: New York
Posts: 195
That is what I was offered. They were very upfront about it.
11-17-2013, 07:00 PM
Rennlist Member
Join Date: Oct 2002
Location: USA
Posts: 595
Thanks tom. What area of the country are you in? How are you enjoying your turboS?
11-17-2013, 09:37 PM
Instructor
Join Date: Jan 2012
Location: New York
Posts: 195
East Coast. Haven't received mine yet.
11-20-2013, 02:42 PM
Former Vendor
Join Date: Jul 2013
Posts: 1,312
Quote:
Originally Posted by
TestnDoc
Is this on turboS coupes? 36 month? My dealer seems to charging a lot more based on my calculations.
Most dealers do not disclose buy rate or offer it on a lease as that is where they also make money...especially the finance manager.
12-13-2013, 03:23 AM
Burning Brakes
Join Date: Jul 2004
Location: Official Jack off extinguisher
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You can do a lease on a calculator as long as you know the Residual, Money factor plus Aq/Dis/Doc , the usual BS fees.
Capcost + Residual x Moneyfactor = Monthly rent
Capcost - Residual divided by term = monthly depreciation
Adding both = monthly payment plus sales tax if applicable
12-13-2013, 01:48 PM
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Join Date: Dec 2003
Posts: 3,276
If I needed to rent someone else's money I don't think I would do a turbo. I would pick something else.
01-27-2014, 11:41 PM
Race Car
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geesh I need to better understand this stuff. thinking lease to run it through the business. . . but want low residual for low buyout at end of term.
01-29-2014, 06:06 AM
Intermediate
Join Date: Jan 2014
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I got a lease for a car priced at $194k
$10k down, 36 months, $3,680/month
$30k down, 60 months, $2,570/month
04-28-2014, 06:37 PM
Track Day
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Does anyone know if the lease rates change for euro delivery?
04-28-2014, 09:02 PM
Instructor
Join Date: Jan 2012
Location: New York
Posts: 195
Does anyone know what current rates are for a Turbo S Cab 5K miles/year or lease?
04-30-2014, 07:13 PM
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Location: NJ
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Curious - what are people paying to lease a Turbo for 27 or 36 months?
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