HOT FOR SALE: Pick of the Week 991
#1981
Rennlist Member
#1983
This 4S might be a good alternative.
https://euroclassics.porschedealer.c...50690/info.php
$134k MSRP, Priced at $92k with CPO.
https://euroclassics.porschedealer.c...50690/info.php
$134k MSRP, Priced at $92k with CPO.
#1984
This 4S might be a good alternative.
https://euroclassics.porschedealer.c...50690/info.php
$134k MSRP, Priced at $92k with CPO.
https://euroclassics.porschedealer.c...50690/info.php
$134k MSRP, Priced at $92k with CPO.
I love the color combination on this car but other 2013 C4S with this mileage have 35% discounts on MSRP which would put this car at ~ $85k...
I'm looking at doing a PreOwned lease for tax benefits and then buying out the car at the end.
With the lower residuals of the 2013 models, the numbers don't work for me but I can squeeze in with 2014's.
#1985
Dumb question: Does PSC include PDCC? Or it just influences PDCC if installed?
#1986
Instructor
Join Date: Nov 2007
Location: Richmond, VA
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Euroclassics can sometimes be a little higher than others I've seen elsewhere in the country...it's right by my office if anyone wants me to take a look at it for them...I am just trolling right now...may be a buyer after the 930s is gone and ready to trade in panamera
#1987
Burning Brakes
#1988
Instructor
Thanks for all the feedback thus far...
I love the color combination on this car but other 2013 C4S with this mileage have 35% discounts on MSRP which would put this car at ~ $85k...
I'm looking at doing a PreOwned lease for tax benefits and then buying out the car at the end.
With the lower residuals of the 2013 models, the numbers don't work for me but I can squeeze in with 2014's.
I love the color combination on this car but other 2013 C4S with this mileage have 35% discounts on MSRP which would put this car at ~ $85k...
I'm looking at doing a PreOwned lease for tax benefits and then buying out the car at the end.
With the lower residuals of the 2013 models, the numbers don't work for me but I can squeeze in with 2014's.
Can you lease a used CPO 2014 from Porsche?
#1989
Rennlist Member
General rule is to lease new and purchase pre owned.
Money factor rates and residuals are not that kind for pre owned vehicles. You might be better off leasing new because Porsche supports new vehicles with rates and residuals.
Money factor rates and residuals are not that kind for pre owned vehicles. You might be better off leasing new because Porsche supports new vehicles with rates and residuals.
#1990
My SWAG analysis is that it costs about half as much to own one of these good buy CPOs than to lease a new one. And with owning you get a lot more options with use and duration. That's why this thread has had so much value to me. Leasing new of course gives you the benefits of getting the "latest and greatest" and a no hassle turn in at the end. But for half the cost I'll spend a bit of time selling or trading my car when I'm done enjoying it. And "the hunt" is so much fun, and so rewarding if you wait for the right one.
Last edited by Cajun Martyni; 02-14-2016 at 09:03 AM. Reason: Typo
#1991
To answer your question more directly I think it is possible to lease a used car but as pointed out above the money cost is a lot higher than leasing new. You can buy a CPO used and if you don't want to pay cash finance the purchase at 2 1/2 percent or less. That's a pretty low money cost whether you're using someone else's money (borrowing) or using your own.
#1992
Instructor
Personally I have no interest in leasing a CPO but wasn't aware you could lease a used car.
Interesting, you learn something new every day
Thanks
#1993
To answer your question more directly I think it is possible to lease a used car but as pointed out above the money cost is a lot higher than leasing new. You can buy a CPO used and if you don't want to pay cash finance the purchase at 2 1/2 percent or less. That's a pretty low money cost whether you're using someone else's money (borrowing) or using your own.
At the end of the lease I can buy the car out for lower residual...
Doesn't make sense for everyone but the numbers work better for me.
FYI, u can lease up to a 5yr old Porsche. MF is .0020 (4.8%).
#1994
Instructor
The beauty of a PreOwned lease is I can pay the lease with pre tax money and write depreciation off as a business expense.
At the end of the lease I can buy the car out for lower residual...
Doesn't make sense for everyone but the numbers work better for me.
FYI, u can lease up to a 5yr old Porsche. MF is .0020 (4.8%).
At the end of the lease I can buy the car out for lower residual...
Doesn't make sense for everyone but the numbers work better for me.
FYI, u can lease up to a 5yr old Porsche. MF is .0020 (4.8%).
Thanks for the info
#1995
Race Director
Thread Starter
2015 GTS manual with a CPO warranty Lowest priced used GTS on the market.
https://new-country.porschedealer.co...99428/info.php
https://new-country.porschedealer.co...99428/info.php