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Euro delivery leasing question

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Old 05-01-2017, 09:24 PM
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paxton
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Default Euro delivery leasing question

My dealer just told me PFS marks up the money factor .0002 when leasing a car with Euro delivery, anyone experienced this?
Old 05-01-2017, 11:27 PM
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subshooter
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Originally Posted by paxton
My dealer just told me PFS marks up the money factor .0002 when leasing a car with Euro delivery, anyone experienced this?

The ED paper work related to PFS states only this:


*It is the intention of the customer(s) to lease or finance through Porsche Financial Services. In the event of any loss on the vehicle during delivery and operation in Europe, payments should be directed to Porsche Financial Services, Porsche Leasing Ltd. as the Loss Payee for all U.S. customers; and Porsche Financial Services Canada as Loss Payee for all Canadian customers. Lease customers are limited to 8 weeks in Europe with their vehicle per the PFS Lease Agreement.

I'm not sure if that helps any but this was the only reference. You can always check with PCNA (Jamie Dillon).
Old 05-02-2017, 04:34 PM
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paxton
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Originally Posted by subshooter
The ED paper work related to PFS states only this:


*It is the intention of the customer(s) to lease or finance through Porsche Financial Services. In the event of any loss on the vehicle during delivery and operation in Europe, payments should be directed to Porsche Financial Services, Porsche Leasing Ltd. as the Loss Payee for all U.S. customers; and Porsche Financial Services Canada as Loss Payee for all Canadian customers. Lease customers are limited to 8 weeks in Europe with their vehicle per the PFS Lease Agreement.

I'm not sure if that helps any but this was the only reference. You can always check with PCNA (Jamie Dillon).
Thanks for the info.
I signed the same paperwork but nowhere there is a mention of a higher rate. I emailed my ED rep, let's see what he says.
Old 07-31-2017, 01:19 PM
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doubleurx
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BMW also does this, but they cover the second payment.



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