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2018 Panamera Lease- HELP!

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Old 12-29-2017, 12:57 AM
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Caliporsche
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Default 2018 Panamera Lease- HELP!

First off, if this is in the wrong place for this post, please feel free to move this post. I’m a newb in so many ways!

I’ll keep it short.. confused if I’m getting a good deal... here’s the lease offer:
I’ve attached a screen shot of the quote they gave me..

Basically it’s $1,309 which is a little out of my budget. I’ve been reading about Money factors.. not sure how that works. Is there anyone who knows any other tactics on negotiating this? I’d like it as close to $1,000 a month as I could.

Last edited by Caliporsche; 12-29-2017 at 01:01 AM. Reason: Typos and adding attachment
Old 12-29-2017, 07:51 AM
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hueydumps
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Screen shot did not come through. Happy to help if we can see details.
Old 12-29-2017, 10:02 AM
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Caliporsche
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Default Thank you

Thank you for letting me know about the screen shot. I’ll attach now. Appreciate it!
Old 12-29-2017, 10:04 AM
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Default Screenshot of Quote



Lease quote 2018 Panamera
Here is the quote:
Old 12-29-2017, 10:13 AM
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Aviaros21
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Can you do 7500miles?

unfortunately these babies lease terribly especially because of Porsche’s high MF of almost 5% and there’s nothing one can do about that.
Nice discount though. I got basically same % off.
Old 12-29-2017, 10:52 AM
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Caliporsche
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Originally Posted by Aviaros21
Can you do 7500miles?

unfortunately these babies lease terribly especially because of Porsche’s high MF of almost 5% and there’s nothing one can do about that.
Nice discount though. I got basically same % off.
7,500 would really be pushing it. I would be on edge driving it and wouldn’t be comfortable. I’m starting to learn that these things lease terribly haha. Appreciate the response ! Thank you so much
Old 12-29-2017, 10:59 AM
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Car buying is a bit different here in the UK.

10% discount is unheard of. In fact most Porsche Centres offer no discount at all on any new Porsche.

Last time I checked, Porsche Great Britain were charging something like 5.9% or thereabouts on their PCP deals.

Lower interest rates can be found outside of Porsche. I got some finance at 4.2%.
Old 12-29-2017, 11:19 AM
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I think the mileage at 10K might be too low. That s up to you. Also I see they went 39 months in place of the standard 36 months. I would deal with those points first. Discount is alright.
Never pay their first offer anyway if that was it.
I lease all my cars with 15K per year on the miles. It only adds about $20 per month to the standard 12K FYI.
Old 12-29-2017, 11:24 AM
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If you want to save money find a CPO one year old car or demo dealer car and lease that. You probably get double the discount you got.
Old 12-29-2017, 11:34 AM
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Caliporsche
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Originally Posted by Aviaros21
Can you do 7500miles?

unfortunately these babies lease terribly especially because of Porsche’s high MF of almost 5% and there’s nothing one can do about that.
Nice discount though. I got basically same % off.
Originally Posted by cerbomark
I think the mileage at 10K might be too low. That s up to you. Also I see they went 39 months in place of the standard 36 months. I would deal with those points first. Discount is alright.
Never pay their first offer anyway if that was it.
I lease all my cars with 15K per year on the miles. It only adds about $20 per month to the standard 12K FYI.
yeah, what the deal with 39 months? I thought they usually do 36? Why are they doing this 39 month instead? Do you think I should counter with another offer? I’m totally new to this.. sorry for sounding so dumb lol.

Originally Posted by cerbomark
If you want to save money find a CPO one year old car or demo dealer car and lease that. You probably get double the discount you got.
Old 12-29-2017, 11:35 AM
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Caliporsche
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Originally Posted by cerbomark
If you want to save money find a CPO one year old car or demo dealer car and lease that. You probably get double the discount you got.
Not many 2017 available and the 2016 is old body style. What is a Demo Dealer?
Old 12-29-2017, 11:37 AM
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Ask them if you are getting the “buy rate” on the money factor. That is the interest rate they get the lease from Porsche. More than likely they are marking it up. Although I think it’s going to be hard to get a $100k in the $1k per mo range for a lease with taxes, etc. $1100-1200 more likely.
Old 12-29-2017, 11:39 AM
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The 39 months gives them another $3900 of payments. Def counter with another offer or better yet find another car and dealer and work them for a better price then you can go back on this car if it s the one you really want. They know when you are bluffing and when you have a legit better deal.
I bet if you tell them you aren t interested because of the lack of miles they will bump it up. They did not go to their bottom line this soon in the deal IMO.
Tell them you are looking at a one year old to save money and see what they offer..... good luck.
Old 12-29-2017, 11:42 AM
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dealer demo, basically a car the dealer used for a few thousand miles. Usually they sell them off with less than 10K miles on them.
Yes the 16 is old style if that bothers you. You can still use that as a bluff to deal on the 17. Tell them you like the 16s, LOL.
Old 12-29-2017, 11:44 AM
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BTW, I like to think the 16 s are more reliable as they have been out and the 17s will have all the new model bugs. I have a 15 and with 23K it has never seen the dealer.


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