Lease question
05-21-2009 | 02:13 AM
#17
Race Car
Joined: Mar 2005
Posts: 4,019
Likes: 1
There's two factors in this equation (assuming equal money factors): 1) residual value and 2) lease term.
Why don't you just do he calculation yourself and see if it makes sense? Excluidng ttt:
monthly payment = (Cap cost - Residual)/Term in months + money factor*(Cap Cost + Residual)
In your case Cap Cost = 74000 - 5000 = 69000 and Term = 24.
Why don't you just do he calculation yourself and see if it makes sense? Excluidng ttt:
monthly payment = (Cap cost - Residual)/Term in months + money factor*(Cap Cost + Residual)
In your case Cap Cost = 74000 - 5000 = 69000 and Term = 24.
05-21-2009 | 10:58 AM
#18
Banned
Joined: Aug 2005
Posts: 8,215
Likes: 0
From: I'm not sell'n anythang... much..
Sorry Chris, but if they choose (and yes, there are some cut-offs). Below is a pic of my old 911... Note that this car was also sold as new, although it did have a lot of disclosures (for obvious reasons).
I can count 5 in our parking lot at this time. Michael really isn't a fan of mine after a conversation we had regarding the Panamera today, so probably not good to call him.
I can count 5 in our parking lot at this time. Michael really isn't a fan of mine after a conversation we had regarding the Panamera today, so probably not good to call him.
Brian I'll make sure to keep an eye out for your PCNA demo's.
(and we'll leave Michael out of this discussion if you wish
) Glad I can amuse!
05-21-2009 | 11:01 AM
#19
Three Wheelin'
Joined: Feb 2007
Posts: 1,487
Likes: 0
From: Wayne, PA
Going back to one of your points, you really should be getting a commission for all of the deals you are helping close for others!
05-21-2009 | 11:31 AM
#20
Banned
Joined: Aug 2005
Posts: 8,215
Likes: 0
From: I'm not sell'n anythang... much..
That would be awesome. Get a Paycheck from Porsche to be blunt!!
....but trust me; I have some words for Porsche also.
05-21-2009 | 11:59 AM
#21
Rennlist Member
Joined: Aug 2006
Posts: 2,644
Likes: 268
From: NJ
Who CARES?! The risk is on THEM; not you!
Sorry to throw some punches, but it wasn't that long ago before some of you were paying FULL friggin sticker for these cars- and getting bitch slapped not only on trade in value but the whole damn transaction.
Just pay attention to whats going on in the world, and in this case- Germany;. Porsche isn't going to be offering great deals in 2010 and some of you guys will be left on the bench, while the rest of the team not only wins the championship, but they get to keep the prize.
Sorry to throw some punches, but it wasn't that long ago before some of you were paying FULL friggin sticker for these cars- and getting bitch slapped not only on trade in value but the whole damn transaction.
Just pay attention to whats going on in the world, and in this case- Germany;. Porsche isn't going to be offering great deals in 2010 and some of you guys will be left on the bench, while the rest of the team not only wins the championship, but they get to keep the prize.
Yes, BUY BUY BUY. NOW NOW NOW.
Jeez, Chris, anyone would think you had a vested interest in making people rush out and buy these things.
Oh, wait....erm.......
05-21-2009 | 12:59 PM
#22
Banned
Joined: Aug 2005
Posts: 8,215
Likes: 0
From: I'm not sell'n anythang... much..
But what do I know. Just wait. Dont buy now. I'm sure Porsche will offer much better deals.
We'll see who's going to be pissed off more. You guys who pay thousands more, or me losing a potential deal that I never had to begin with. Now or later, you're going to get pissed while all your buddies are driving 911's and your at home, surfing the 'net' for the deal that isn't.
Just say'n.
05-23-2009 | 12:02 PM
#23
AutoX
Joined: May 2008
Posts: 11
Likes: 0
Please check my math on this pre owned lease.
2008 c2s cab (22,000 miles but cpo)
Price $67000
Residual $43170 (given as $$ not %)
Money Factor .00290
3 yr/36000 miles
Payment should be $980 per month + tax with no money down?
2008 c2s cab (22,000 miles but cpo)
Price $67000
Residual $43170 (given as $$ not %)
Money Factor .00290
3 yr/36000 miles
Payment should be $980 per month + tax with no money down?