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Am I getting a good deal?

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Old 03-30-2015, 10:20 PM
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david991
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Default Am I getting a good deal?

Hello Fellow RL'ers,

I am in the market to lease a base 911 and I would appreciate some feedback on a car at a local dealership;

-91K MSRP
-Minimum drive-off ($1500-2,000)
-24/30 months @ 7,500 miles
-Lease payment of $1,000-$1,110 + tax

Thanks again!
Old 03-30-2015, 10:59 PM
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rlhyde
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Leasing a car is like paying for it twice. Buy it.
Old 03-30-2015, 11:06 PM
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david991
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Originally Posted by rlhyde
Leasing a car is like paying for it twice. Buy it.
It is more equitable for me to lease this vehicle. All my other vehicles were purchased
Old 03-30-2015, 11:23 PM
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Rocket_boy
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A few too many unknowns here,....but you can try this link....

http://www.cars.com/go/advice/financ...nLeaseCalc.jsp

From what I can see a base 911 with a price of $91K @ 30M is at ~$61K residual (67%), depending on tax rate and money factor it's pretty close to being "correct",.....but that is at full MSRP. You should be able to negotiate some off the price for an even better deal.
Old 03-30-2015, 11:34 PM
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blschaefer1
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Ask the dealer for the capitalized cost (negotiated price going into the lease), residual, and money factor and we'll tell you what kind of deal you have.



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