2018 Panamera Lease ??
Burning Brakes
Joined: Mar 2018
Posts: 1,152
Likes: 242
From: CARB state, USA
I did some careful math on my 2018 Sport Turismo and found that I can come out ahead by as much as $20k-$30k if I finance for 5-6 years and trade in at 3 years to a dealership, vs. taking a 3-year lease. If I sell on my own, probably well over that amount, but I'm wary about trying to sell privately.
And not financing through Porsche, either. They really should be more catering to their customers to help lower their costs, but I have no idea what their profit margins are; I wish that car manufacturers and dealerships were more transparent and honest about their costs and profit margins.
And not financing through Porsche, either. They really should be more catering to their customers to help lower their costs, but I have no idea what their profit margins are; I wish that car manufacturers and dealerships were more transparent and honest about their costs and profit margins.
Thread Starter
Rennlist Member
Joined: Feb 2012
Posts: 906
Likes: 255
I did some careful math on my 2018 Sport Turismo and found that I can come out ahead by as much as $20k-$30k if I finance for 5-6 years and trade in at 3 years to a dealership, vs. taking a 3-year lease. If I sell on my own, probably well over that amount, but I'm wary about trying to sell privately.
And not financing through Porsche, either. They really should be more catering to their customers to help lower their costs, but I have no idea what their profit margins are; I wish that car manufacturers and dealerships were more transparent and honest about their costs and profit margins.
And not financing through Porsche, either. They really should be more catering to their customers to help lower their costs, but I have no idea what their profit margins are; I wish that car manufacturers and dealerships were more transparent and honest about their costs and profit margins.
Bingo " sell privately " a non specailty car - good luck ! You will end up giving it away to CarMax - not that I have a crystal ball or anything
Just a hunch
Instructor
Joined: Jan 2017
Posts: 153
Likes: 69
From: San Diego, CA
I had a Panamera for a loaner car, and LOVED it. I sent a note to the salesman who got me into my 991, asking about a 3yr/15k lease for a base Panamera with $100k sticker. They came back with $10k down, $1550/month! That's just absurd. I guess I will be looking at CPO instead.
Trending Topics
Thread Starter
Rennlist Member
Joined: Feb 2012
Posts: 906
Likes: 255
Been there & done that .... drops like a rock or should I say boulder, and in todays world most everyone one wants to buy a CPO in the second hand market unless you want to sell it at wholesale pricing to all the tire kickers.
This has been my personal experience with previous Cayennes & one Panamera in the family.
So I promised myself never to BUY a non speciality car, just rent them and return them.
This has been my personal experience with previous Cayennes & one Panamera in the family.
So I promised myself never to BUY a non speciality car, just rent them and return them.
Banned
Joined: Dec 2017
Posts: 1,419
Likes: 3
Been there & done that .... drops like a rock or should I say boulder, and in todays world most everyone one wants to buy a CPO in the second hand market unless you want to sell it at wholesale pricing to all the tire kickers.
This has been my personal experience with previous Cayennes & one Panamera in the family.
So I promised myself never to BUY a non speciality car, just rent them and return them.
This has been my personal experience with previous Cayennes & one Panamera in the family.
So I promised myself never to BUY a non speciality car, just rent them and return them.
on a leased car just return it at the end.