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Old 10-17-2023, 12:43 PM
  #3886  
cosmos
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Originally Posted by C.J. Ichiban
new program- every dealer gets 1 now.

sort of cancels the fact that 100+ guys are no longer 918 vips
^ I really need to start putting “*” subject to change at Porsches discretion
Old 10-17-2023, 12:51 PM
  #3887  
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Originally Posted by DodoBrd
seems like this would hurt the used Tesla market. $250/mo is cheap!
defending $TSLA>>>> defending used Teslas
Old 10-17-2023, 01:00 PM
  #3888  
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[quote=Wilder]This is fantastic news for me if it's worldwide. Or is this for NA only?

NA for sure, no idea WW.

what this means in NA is that some dealers who got 3-5 speedsters in 2019 will get less S/T's because more new dealers and a few dealers who got zero 918 and zero big cars will get one now.

I think there are only 5-6 more dealers than in 2019 but there are probably 10-15 dealers who didn't get speedsters (using this because of same relative production #)

so STILL not a huge swing. the real *chefs kiss* on the ST lease is that porsche has to approve the first buyer- and for a 300k+ car you'll need both fico and good lad status with PFS / PCNA.

everyone is focused on the ~10% interest rate but they miss the fact that you have to be approved and that acts as a further layer to discourage flippers.
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Old 10-17-2023, 01:06 PM
  #3889  
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Default Lease

If you do the one payment what will the lease charges be.
Old 10-17-2023, 01:11 PM
  #3890  
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Originally Posted by C.J. Ichiban
This is fantastic news for me if it's worldwide. Or is this for NA only?

NA for sure, no idea WW.

what this means in NA is that some dealers who got 3-5 speedsters in 2019 will get less S/T's because more new dealers and a few dealers who got zero 918 and zero big cars will get one now.

I think there are only 5-6 more dealers than in 2019 but there are probably 10-15 dealers who didn't get speedsters (using this because of same relative production #)

so STILL not a huge swing. the real *chefs kiss* on the ST lease is that porsche has to approve the first buyer- and for a 300k+ car you'll need both fico and good lad status with PFS / PCNA.

everyone is focused on the ~10% interest rate but they miss the fact that you have to be approved and that acts as a further layer to discourage flippers.
isn’t it possible to bypass the fin requirement by prepaying the lease (~$60k)? And also get a slightly better interest rate?
Old 10-17-2023, 01:13 PM
  #3891  
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From what I understand there's zero benefit to prepaying the lease.
They are charging you max interest rate whether you pay monthly or all of it up front.
Again, none of it has anything with stopping flippers.
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Old 10-17-2023, 01:14 PM
  #3892  
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I've been told the same, there's no benefit to prepaying it at all.
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Old 10-17-2023, 01:23 PM
  #3893  
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Originally Posted by agfox
I've been told the same, there's no benefit to prepaying it at all.
you are “borrowing” the 87% residual plus about 1/2 of the 13% depreciation over life of lease. There will be some savings from one pay, but it’s not material relative to a 52% residual car over 3 years
Old 10-17-2023, 01:29 PM
  #3894  
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It looks like Porsche picked up some ADM/ MDM under the guise of hitting flippers.
Old 10-17-2023, 05:43 PM
  #3895  
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Originally Posted by C.J. Ichiban
new program- every dealer gets 1 now.

sort of cancels the fact that 100+ guys are no longer 918 vips
What about dealers not in good standing?
Old 10-17-2023, 05:46 PM
  #3896  
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NA for sure, no idea WW.

what this means in NA is that some dealers who got 3-5 speedsters in 2019 will get less S/T's because more new dealers and a few dealers who got zero 918 and zero big cars will get one now.

I think there are only 5-6 more dealers than in 2019 but there are probably 10-15 dealers who didn't get speedsters (using this because of same relative production #)

so STILL not a huge swing. the real *chefs kiss* on the ST lease is that porsche has to approve the first buyer- and for a 300k+ car you'll need both fico and good lad status with PFS / PCNA.

everyone is focused on the ~10% interest rate but they miss the fact that you have to be approved and that acts as a further layer to discourage flippers.
WW don't have the 918 VIP program, so the dealers are always in charge of who gets what, but 918 clients, especially those in Europe can and do contact PAG direct to put pressure on their dealer to give them cars that they desire. Some dealers play ball, some don't even with pressure from Zuffenhausen.

It's great news that Porsche has to approve the buyer, think they finally found a great solution to eliminate 90% of the flippers.


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Old 10-17-2023, 07:18 PM
  #3897  
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[QUOTE=C.J. Ichiban;19064209]
Originally Posted by Wilder
This is fantastic news for me if it's worldwide. Or is this for NA only?

NA for sure, no idea WW.

what this means in NA is that some dealers who got 3-5 speedsters in 2019 will get less S/T's because more new dealers and a few dealers who got zero 918 and zero big cars will get one now.

I think there are only 5-6 more dealers than in 2019 but there are probably 10-15 dealers who didn't get speedsters (using this because of same relative production #)

so STILL not a huge swing. the real *chefs kiss* on the ST lease is that porsche has to approve the first buyer- and for a 300k+ car you'll need both fico and good lad status with PFS / PCNA.

everyone is focused on the ~10% interest rate but they miss the fact that you have to be approved and that acts as a further layer to discourage flippers.
So PFS/PCNA can potentially reject serial flippers....I like it.
Old 10-17-2023, 07:19 PM
  #3898  
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[QUOTE=usctrojanGT3;19064831]
Originally Posted by C.J. Ichiban

So PFS/PCNA can potentially reject serial flippers....I like it.
Did you sign up for Esses at COTA?
Old 10-17-2023, 07:21 PM
  #3899  
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[QUOTE=raymort;19064833]
Originally Posted by usctrojanGT3

Did you sign up for Esses at COTA?
Can't make it out to COTA this fall as I have 3 new listings coming up in the next 3 weeks and I need to host the open houses. Anything similar happening in the spring?
Old 10-17-2023, 07:22 PM
  #3900  
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[QUOTE=usctrojanGT3;19064837]
Originally Posted by raymort

Can't make it out to COTA this fall as I have 3 new listings coming up in the next 3 weeks and I need to host the open houses. Anything similar happening in the spring?
Likely, but I haven’t heard yet.


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