laurentv1

MSRP is 129,250.00 on a C2S in Newport Beach.
Dealer is offering 7K off...
Lease Money factor at .00280 with 7500miles/year which does not seems that great...

Thoughts appreciated, thanks;
L.v

mschwa3439

just leased a new c4 cab 2013. 27 month laese. 8 per cent off MSRP, lease rate 0.0028 12K per year. 70 persent residual

SSST

Given its a lease, you have to calculate the cost per mile assuming 7500 miles/year and decide if it's worth it to you.

No one here can decide what your personal utility is on that particular transaction.

ncamg

.0028 MF is 6.72 percent money. You can easily get 2.5 percent 5 year money. On 100k the difference is $4500 per year in interest cost. On a 3 year note that 13.5k. That is a lot of money to transfer the resale risk to the dealer. That btw is all a lease is. Transfer of risk to the dealer/Porsche.
I know the monthly payments are less for the lease but you really need to calculate the pv of any deal. With .0028 MF the pv on this deal is tough.

autobahnA8

Seems high to me. There are some pretty nice deals on a 24mos lease right now. I looked into them and the dealer's initial proposal was roughly 8k off msrp of 118k, 74% residual and 0.00245 MF with 10k miles per year. If that was their initial offer, there must be room to negotiate even lower.

And as ncamg said, odds are you might be able to find a lender out there offering rates low enough where you could actually own the car for a roughly equal monthly pmt given how high the MF you got quoted is. Don't want to start a lease vs buy discussion as there are many personal / business / tax factors that come into play (ahh) but wanted to at least raise.

carsrmyvice

I would push for more off the msrp unless its nit realistic in your area, these things tend to vary. My take is that one must get at least 5%off and one should push for 8% or as close as possible. The mf seems high though. Porsche prime buy rate is .002 = 4.8%. This should be the rate unless you do not qualify (credit in the mid to High 700s etc). As I'm sure your know the rate makes a Huge difference.