Lease or buy 2017/18 Panamera
06-08-2018, 06:44 PM
#46
That being said I’m planning on building one and was curious to see how much % off MSRP anyone has gotten with a custom order? So far 5% but after my run in with one in stock with over 10% off i always think there is more room. Also they want to get me with a 5k deposit? Why! I said the only deposit I’m will to make is the min drive off. Otherwise anyone else work their way around this?
As for the $5K deposit, that's not unusual. After all, if you bail on a $150+K car, they have it sitting on their lot until someone likes the same spec as you. Plus that's why you saw that 10% off on that car in stock. When we ordered my wife's Panamera last July they wanted $5K deposit. I offered to give them $20K but they declined. I get 2% cash back on one of my cards so I'd be willing to pay for the whole thing that way!
06-09-2018, 03:03 PM
#47
Drifting
i have researched this extensively- 2017 Turbo’s have THE WORST risiduals I’ve ever seen - around 35%. So even with a 2017 getting a discount of 20-25% off, the numbers just don’t work out (payment still $2800+). Then it makes you think maybe it’s a good idea to purschase and not lease with the right discount, but then again if the factory is saying they think the car will only be worth a third of its value in 3 years - is that something you want to own??
Put it on your Ical to go shopping in 3 years :-)
Leasing in Texas sucks as you pay tax on the full lease amount, and should you decide to buy at the end of the lease -- you pay taxes again.
Texas treats every change of ownership as a Taxable event. The first is an exchange from Porsche to the Leasing Company, the second from Leasing Company to you.
On the flip side: Assuming a lease is a great way to go in Texas -- there is no change of ownership, thus no additional taxes. If your assumption comes from a state that taxes monthly,
then essentially you are skipping taxes altogether and just pay a $75 transfer fee to the state.
M
06-14-2018, 12:02 AM
#48
Still unhappy with the Sport Chrono! HAHAHAHAHAHA! So funny, Andial! I, otoh, wouldn't buy one without! Out of curiosity, what do you think of the M1 and M2 buttons on the M5?
06-14-2018, 01:27 AM
#49
I picked up my PTT E-Hybrid yesterday in Burlingame. I didn't pre-negotiate the lease rates -- only a discount on the car -- and was severely disappointed.
The finance manager started at MF .0036 or .0038 and claimed he couldn't go below .0030. After a few minutes of haggling I got him down to .0028 but he refused to "go upstairs" for approval for .0025 which others quoted. He claimed .0036 was PFS's rate and they have to "buy down" the rate using profit margin. Since I was fortunate to have negotiated a reasonable purchase price, I took the extra PCNA credits, paid cash and left.
The finance manager started at MF .0036 or .0038 and claimed he couldn't go below .0030. After a few minutes of haggling I got him down to .0028 but he refused to "go upstairs" for approval for .0025 which others quoted. He claimed .0036 was PFS's rate and they have to "buy down" the rate using profit margin. Since I was fortunate to have negotiated a reasonable purchase price, I took the extra PCNA credits, paid cash and left.
06-14-2018, 06:19 PM
#50
SC sure is divisive. All BMW M cars except the M2 have the M1 and M2 buttons, and I think they're great. They let you customize two different individualized settings. I do prefer the more discreet look prior to the M5 though.
06-17-2018, 01:24 AM
#51
Track Day
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Ordered a 911 in 2014 and got 9% off MSRP. Bought a Panamera off the lot in 2018 and got 10% of MSRP.
Porsche money factors tend to be higher than some other brands but even the money factors can be negotiated.
Porsche money factors tend to be higher than some other brands but even the money factors can be negotiated.
10-19-2018, 04:47 AM
#53
Dealers in my area are outright encouraging people not to lease and to purchase or finance.
11-24-2018, 09:21 PM
#54
Finally got the numbers I wanted on 2018 4s lease
2018 panamera 4S
126,380 Msrp
Discount 17,840 + 4308 for conquest
Negotiated price = 108,475.90
Gross cap = $111,123.52
$2647.62 for fees
27 month 62% residual ($78,120)
12k a year
Changed to 0 drive off
Adjusted cap cost $106,815.52
$28,695.52 Depreciation / 27 = $1062.79
AdJ+ residual = $184,935.52 x .00280 = $517.82
Base payment is $1580.61
OC tax 7.75% takes total payment to $1703.10
Hope this helps anyone in the market
being delivered Friday
Last edited by Sliu6122; 11-25-2018 at 08:26 PM.
11-25-2018, 12:12 AM
#55
That’s actually not bad. Surprised at that residual!
was this one on the lot of custom build?
may look into a 4S soon and one on the lot has been sitting at dealer for well over a year, similar msrp as yours.
was this one on the lot of custom build?
may look into a 4S soon and one on the lot has been sitting at dealer for well over a year, similar msrp as yours.
11-25-2018, 12:25 AM
#56
car was built in 8/2018, just happens to mess with some months on the residual and got to 62. It did help that this dealer had the most panameras sitting in their lot in all of California. Anyhow this deal for a lease is too good to pass. Was surprised myself.
11-26-2018, 02:53 PM
#59
There’s a bunch of 18 Pannys in Atlanta, that have been punched with very low miles. Great deals to be had over 10%. PM me if interested, I had deal offered over 20k.
i had to order a 19 to get a must have option.
i had to order a 19 to get a must have option.
Last edited by Outlaw; 11-26-2018 at 07:42 PM.