hankinjax

Has anybody gotten any lease numbers on 992?

Michael Smith

The lease numbers are brutal. Period. Not attractive in the least bit.

uniqueMR

Would like to see lease numbers
24 months, 36 months, etc.

iliveoncaffiene

Some quick excel guessing using my formula with interest and comparing to what the configurator advertises as a lease payment (all 36mo/10k miles):
- If residual is 50%, then interest is ~7% (MF .0029)
- If residual is 60%, then interest is ~22% (MF .0091)

60% residual seems right, but then for the numbers to match up they would have to be charging an astronomical interest rate.

Of course, these are off the configurator and could vary wildly depending on location.

Michael Smith

Based on the calculator from Park Place a 36 month lease is MORE per month than financing for 60 months.

https://www.parkplace.com/

Residual or MF is terrible, not sure which it is. But a 2300/month lease on a 150k car seems outrageous.

sali1980

I went to a dealer today to get an estimate on 922 and he said mf's are so bad that 120-140k MSRP is hitting $2200+. He said he is hoping that US Bank starts offering leases on 911's as they are referring people to US Bank for Macan's as they are half the price of PFS

kayjh

I looked at a 2020 Macan S with MSRP around $80,000 and the lease was about $1,400 (CAD)/36 months. BMW X3 4.0i was $400 less/month for the same MSRP. I’ve concluded if I want a Porsche, just pay cash.

TSOS

12k miles for 36 months $2100/month
131k car that I got 5% off on

iliveoncaffiene

Frankly: that's awful.

131k car, 5% discount, 72mo finance with 4% interest (and factoring in 7% sales tax)you get $2100 a mo (with $0 down).
To get that same amount on a lease is pretty terrible.

007DT

I've never leased a car before, always purchased. However, for tax purposes (business), I'm looking to lease an expensive car, not a 992 but the new Audi RS6 Avant. Sticker is similar to a 992 @ ~ $130k. That said, what would be a decent lease number and how do you calculate good vs bad. Sorry if this may be a remedial question but I'd assume it fits this thread as it is a similar MSRP. lets say 10-12k miles/yr.

uniqueMR

Leasing only make sense for tax purposes (write-off under business expense). Such as: monthly payment, down payment, gas, maintenance, insurance, mileage deduction for all business miles driven.

Otherwise its horrible and silly to lease.

iliveoncaffiene

You can't really work backwards to find out a lease payment unless you know 2 things: MF (interest rate) and residual. Without at least one of those, you're essentially in the dark about what the lease payments are going to be.

TSOS

yup those were my thoughts. Im self employed and I run the lease through my business. I agree, terrible lease #'s. A base carrera from 2019 with 9-10K down was 1600/month so for a car that in my opinion is far superior it was worth it for me.

007DT

It would be 100% business related and expensed as such on my company.

I do not know the the residual or the interest rate.... So that is why I ask the question, what would be a "good/expected" rate in a vehicle with a $130 ticket. It is a vague question so I'm asking number wise because the residual, interest rate etc.. is not available, at this point.

kayjh

Why don't you just build your car online, send the code to your dealer and ask for a lease quote? That way you'll know - and probably quicker (certainly more accurately) than asking the question here. Then you can post your results.