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Anyone know current Porsche finance lease rates and loan rates ?

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Old 07-24-2011, 02:45 AM
  #61  
boolala
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That corresponds to an interest rate of 6.24%. Not a great, subsidized rate. But similar to what a lot of captive finance companies are offering.

58% residual is not bad for 3 years and 12K miles per year.
Old 07-24-2011, 04:36 AM
  #62  
gasongasoff
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Bank of America has 2.74% on 60 months, up to $100k with a $200 loan fee.

Penfed has 2.49% APR (fees assumed included) on 60 months, up to $70k.
Old 07-24-2011, 10:23 AM
  #63  
gravedgr
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Navy Federal has 1.99% if you qualify.
Old 07-25-2011, 12:24 AM
  #64  
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Originally Posted by Marine Blue
Just a quick update.

I became a member at penfed and they did offer me a loan but they didn't give me the full amount I had asked for since I was a new member. It was close but no cigar.
MB, what was the max they would loan you for being a new member? I am thinking about paying the $20 to join.

Thank you in advance.

-Ren
Old 07-25-2011, 09:07 AM
  #65  
Marine Blue
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Originally Posted by dagolfpro
MB, what was the max they would loan you for being a new member? I am thinking about paying the $20 to join.

Thank you in advance.

-Ren
Initially they offered me $42K and I turned them down. About 4 weeks later they counter offered and gave me the full amount I had asked for which was $55K. By that time it was too late, my local credit union had offered to match their rate and I had already purchased the car anyways. Good luck!
Old 07-25-2011, 10:16 AM
  #66  
gravedgr
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Originally Posted by Marine Blue
Initially they offered me $42K and I turned them down. About 4 weeks later they counter offered and gave me the full amount I had asked for which was $55K. By that time it was too late, my local credit union had offered to match their rate and I had already purchased the car anyways. Good luck!
My first loan with Penfed was for my 996, which was about $55k if I recall. Second loan (7 months later) was for my 997.1 @ $90k.
Old 07-25-2011, 10:33 AM
  #67  
function12
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Max penfed will loan on a used car is 70k.
Old 07-25-2011, 10:28 PM
  #68  
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I bought an 07 C4S last week (16k miles). Chase gave me 2.99 for 60 months.
Old 07-25-2011, 10:47 PM
  #69  
dagolfpro
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Originally Posted by Marine Blue
Initially they offered me $42K and I turned them down. About 4 weeks later they counter offered and gave me the full amount I had asked for which was $55K. By that time it was too late, my local credit union had offered to match their rate and I had already purchased the car anyways. Good luck!
Opened an account with PenFed and applied for a loan today. I guess I'll find out in a few days. Thanks for the info.
Old 07-26-2011, 09:56 AM
  #70  
gravedgr
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Originally Posted by function12
Max penfed will loan on a used car is 70k.
This amount changes, along with the interest rate, according to the market. Their previous cap was $100k.

EDIT: Whoops, you said used.

Originally Posted by dagolfpro
Opened an account with PenFed and applied for a loan today. I guess I'll find out in a few days. Thanks for the info.
You should find out in 24 hours if not same day. I can get approval in 60 minutes or less over the phone.
Old 07-29-2011, 01:53 AM
  #71  
fq
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Run, don't walk. The actual MF from PFS is 0.0022. You are much better off with the 24-mo lease as long as you have good negotiating skills and get a good discount on the cap cost. The residual for 24 months is 67%. You should be able to do much better on a 2011 GTS than what was quoted to you (which pretty much assumes that you are buying the car at full MSRP). There are way too many of these cars on dealer lots to have to pay full MSRP for them at this point in the car's lifecycle.

Originally Posted by philooo
I just inquired about a lease on a GTS and I think they are pretty bad:

money factor 0.00260
residual after 3 year 12k miles: 58%
monthly: $1861
$3800 to start the lease

what do you think ?
Old 07-31-2011, 06:01 PM
  #72  
Rxmike
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I just got a 2011 tts cpo BA 3.59% 60mo



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