View Poll Results: did you pay Cash Finance or Lease
Paid cash
62
53.91%
Financed
28
24.35%
Leased
25
21.74%
Voters: 115. You may not vote on this poll
did you pay Cash Finance or Lease
03-03-2014, 03:23 PM
#17
Leased. 24 months.
I go through cars pretty quick. Additionally, Porsche is lease supporting the 911s above market I believe, at least at 24 months.
I had a bad experience with a CLS550 being wrecked by someone killing over 15% of its value. The lease let's me spread that risk across all the 911s leased.
I have better uses for my money than owning a depreciating asset. I do believe you should be able to pay cash to really afford a car like this.
I go through cars pretty quick. Additionally, Porsche is lease supporting the 911s above market I believe, at least at 24 months.
I had a bad experience with a CLS550 being wrecked by someone killing over 15% of its value. The lease let's me spread that risk across all the 911s leased.
I have better uses for my money than owning a depreciating asset. I do believe you should be able to pay cash to really afford a car like this.
Last edited by Magnus357; 03-04-2014 at 10:02 AM.
03-03-2014, 04:41 PM
#18
Advanced
Join Date: Sep 2013
Posts: 70
Likes: 0
Received 0 Likes
on
0 Posts
Leased. 24 months.
I go through cars pretty quick. Additionally, Porsche is lease supporting the 911s above market I believe, at least at 24 months.
I have better uses for my money than owning a depreciating asset. I do believe you should be able to pay cash to really afford a car like this.
I go through cars pretty quick. Additionally, Porsche is lease supporting the 911s above market I believe, at least at 24 months.
I have better uses for my money than owning a depreciating asset. I do believe you should be able to pay cash to really afford a car like this.
03-04-2014, 05:13 PM
#20
Rennlist Member
Leased for 27 months (with that high residual) - wanted to see how I'd like a Pcar as my DD. Love it!!
Happy to have leased as I now want to step up to the 3.8L.
So now the question for me becomes - buy used, buy new or lease again? I could be tempted to lease again if they offer a 12 mth lease payment buy-out again, but am seriously thinking used CPO. Just not an ex-leased car - haha! Kidding - I actually take care of this one like I own it - not sure why other than I'm just a car guy I guess.
Happy to have leased as I now want to step up to the 3.8L.
So now the question for me becomes - buy used, buy new or lease again? I could be tempted to lease again if they offer a 12 mth lease payment buy-out again, but am seriously thinking used CPO. Just not an ex-leased car - haha! Kidding - I actually take care of this one like I own it - not sure why other than I'm just a car guy I guess.
03-06-2014, 10:02 PM
#22
This is an interesting poll for semi-scientific reasons!
A year or so ago, I read that Porsche leases approx. 60% of it's vehicles. (I thought the number was 63%, but can't remember) This is in line with most luxury brands. (I think the article said BMW had the highest leasing rate)
This poll produced the opposite of those stats.
I wonder if people who lease tend to be less involved on forums. Or the leases are predominantly NOT 911 models.
Something interesting to think about!
A year or so ago, I read that Porsche leases approx. 60% of it's vehicles. (I thought the number was 63%, but can't remember) This is in line with most luxury brands. (I think the article said BMW had the highest leasing rate)
This poll produced the opposite of those stats.
I wonder if people who lease tend to be less involved on forums. Or the leases are predominantly NOT 911 models.
Something interesting to think about!
03-07-2014, 02:34 AM
#23
Rennlist Member
Who do you think will respond more on a Porsche 911 forum? All cash or loan/lease guys? Notice how each loan/lease response has to explain why they didn't pay cash. If you did a ***** size poll. You'll get a 99% turn out from the well endowed that just respond "12". But a handful will respond "4, but it's really cold out and I have three children" skewing the true average.
03-07-2014, 02:39 AM
#24
Advanced
Join Date: Mar 2014
Posts: 97
Likes: 0
Received 0 Likes
on
0 Posts
Leasing is SMART. As J Paul Getty said, one should BUY assets that appreciate and LEASE assets that depreciate. Too, the factory guarantees the value of your car after the lease term. You don't get that with a purchase or finance. If the residual is less than FMV, you purchase. If FMV is less than the residual, you walk.
03-07-2014, 06:37 AM
#25
Racer
Thread Starter
Join Date: Jan 2014
Location: You Don't Mess with the Zohan
Posts: 487
Likes: 0
Received 3 Likes
on
3 Posts
This is an interesting poll for semi-scientific reasons!
A year or so ago, I read that Porsche leases approx. 60% of it's vehicles. (I thought the number was 63%, but can't remember) This is in line with most luxury brands. (I think the article said BMW had the highest leasing rate)
This poll produced the opposite of those stats.
I wonder if people who lease tend to be less involved on forums. Or the leases are predominantly NOT 911 models.
Something interesting to think about!
A year or so ago, I read that Porsche leases approx. 60% of it's vehicles. (I thought the number was 63%, but can't remember) This is in line with most luxury brands. (I think the article said BMW had the highest leasing rate)
This poll produced the opposite of those stats.
I wonder if people who lease tend to be less involved on forums. Or the leases are predominantly NOT 911 models.
Something interesting to think about!
If I recall it my statistics this is something called "sampling error" - the sample of polls participants is not representative of the general Porsche buying public. IMO 911 buyers are true Porsche fanatics and of those the once participating in a forum are even more so.
03-07-2014, 06:46 AM
#26
Racer
Thread Starter
Join Date: Jan 2014
Location: You Don't Mess with the Zohan
Posts: 487
Likes: 0
Received 3 Likes
on
3 Posts
Who do you think will respond more on a Porsche 911 forum? All cash or loan/lease guys? Notice how each loan/lease response has to explain why they didn't pay cash. If you did a ***** size poll. You'll get a 99% turn out from the well endowed that just respond "12". But a handful will respond "4, but it's really cold out and I have three children" skewing the true average.
Reporting error" here is minimized with anonymity of the roll.
as i usually tell myself - if can't afford it i dont need it.
03-07-2014, 09:00 AM
#27
Banned
Join Date: Jan 2013
Location: Chicagoland Area
Posts: 26,142
Likes: 0
Received 5,388 Likes
on
2,509 Posts
Once you've lived a no debt lifestyle, there's NO going back.
As for *****, It's always better to be a grower, not a shower.
As for *****, It's always better to be a grower, not a shower.
03-07-2014, 11:44 AM
#28
Drifting
Who do you think will respond more on a Porsche 911 forum? All cash or loan/lease guys? Notice how each loan/lease response has to explain why they didn't pay cash. If you did a ***** size poll. You'll get a 99% turn out from the well endowed that just respond "12". But a handful will respond "4, but it's really cold out and I have three children" skewing the true average.
03-07-2014, 12:03 PM
#29
Burning Brakes
