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TurboS cab lease?

 
Old 05-21-2014, 07:02 PM
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TestnDoc
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Default TurboS cab lease?

I was looking at a turboS cab...about 210k sticker, and asked my dealer to work up a quote...27mo, minimum down, 7500 miles/yr...4865/mo!!
Is PFS trying to dissuade people from leasing? Thats insane..lol
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Old 05-21-2014, 07:32 PM
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That's insane. Car is insanely expensive and complicated, the perfect candidate to lease, yet the lease numbers are prohibitive. Probably best to finance it over 4-5 yrs then trade it on the next big thing at about 3 yrs when you develop equity in the car, also avoiding dropping 200k on a sharply depreciating asset in one swoop.
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Old 05-21-2014, 07:43 PM
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Originally Posted by TestnDoc View Post
I was looking at a turboS cab...about 210k sticker, and asked my dealer to work up a quote...27mo, minimum down, 7500 miles/yr...4865/mo!!
Is PFS trying to dissuade people from leasing? Thats insane..lol
They even do this with cheaper car like M5's Corvette C7's... I don't get it, the people that can afford these things are buying 7 x Honda Accord and have 50 times the relative leasing/buying power of said Accord owner and get vigged the equivalent of 200% of said Accord lease, which at he end of its term is worthless piece of junk...

The old 80 yr old guy next door just paid CASH for a Turbo S, brand new, smells so nice, goes very quick with that PDK... and he will drive it 1000 miles a year if he is lucky along with his 10 other supercars which sit in his 3 garages
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Old 05-21-2014, 08:31 PM
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I have always leased my vehicles, including all the 911 turbos I have owned in the past, including a turboS cab. All were well under 3k/mo. But the numbers on the 991 turboS are crazy!!
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Old 05-22-2014, 08:38 AM
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Keep in mind that the 2015's are about to come out so hopefully 2015 will have better residuals than 2014's given how late we are in car year.
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Old 05-22-2014, 08:58 AM
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Originally Posted by tomshop View Post
Keep in mind that the 2015's are about to come out so hopefully 2015 will have better residuals than 2014's given how late we are in car year.
Hope you are right, but I doubt they will be a lot better.
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Old 05-22-2014, 01:53 PM
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Ask the dealer for the:
1)Money Factor
2)Residual
3)Miles per year
lots of programs on-line or for your smart phone to check their numbers. I think they may be playing games with the money factor. Current money factor from PFS I believe is 0.002 (which is 4.8% interest)
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Old 05-22-2014, 04:22 PM
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Default lease v buy

Good advice on money factor and residual value and I cannot add to it, except to note that the PCCB's might require replacement at lease expiration, so be sure to factor that cost into your decision. This may be true even if the lease is short term.
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Old 05-22-2014, 04:32 PM
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Definitely the delear is playing with money factor. With money factor of .002 and residual of 56% lease payment should be around $3300.
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Old 05-22-2014, 05:47 PM
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Originally Posted by MMH78 View Post
Definitely the delear is playing with money factor. With money factor of .002 and residual of 56% lease payment should be around $3300.

thats exactly why i cancelled my 991TT order and got my deposit back last year, the lease on a non S was going to be over 3k/month even at 60 months, compared to my 07 997TT lease which was only 1800 including tax and same terms.
so guess what i did, i leased a new 2013 12C spider for LESS than the 991, with similar terms and never looked back.
Porsche is losing a lot of customers with their new turbo pricing and they will pay for it sooner or later.
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Old 05-22-2014, 10:27 PM
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Many dealers mark up the money factor to .0022. Their cost is .002.
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Old 05-24-2014, 09:45 PM
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That is nuts... You can lease a Ferrari FF in the 3,000s range. Not saying they are the same (but the MSRP is way higher on the FF).
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Old 05-25-2014, 12:08 AM
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FF has a subsidized lease because of the issues with sales.
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Old 05-25-2014, 06:24 PM
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You can fund a million dollar mortgage payment with that stupid lease payment.

I'd choose to live in a nicer house.
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