Does it make sense to buy low mileage Panamera 4 at lease end?
#1
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Mine is a 2011 P4 with only the premium package option still in showroom condition. I anticipate the mileage to stay under 20k at lease end later this year. I'm liking the car very much and want to own it. Does it make sense to buy it for $47k + tax from PFS? My current lease payment is around $1000/month (36 months) plus $10k money down. Is there any potential maintenance money pit I need to be aware of down the road when the car goes out of warranty? Thanks!
Last edited by rennlistfan; 01-05-2013 at 03:57 AM.
#3
Intermediate
Join Date: Feb 2010
Location: Syracuse, NY
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Seems like a no-brainer to me. It seems the current market value is much more than $47k on that car with such low miles. Keep in mind that you'll have to pay sales tax though.
Another option might be to trade it in BEFORE the lease ends. The trade-in value is probably higher than your current payoff through PFS, so you'd likely get a nice check to help with your next car. I traded in a Cayman lease 2 years into a 3 year lease and was in that situation - car was worth more than my payoff, so I got a check.
Another option might be to trade it in BEFORE the lease ends. The trade-in value is probably higher than your current payoff through PFS, so you'd likely get a nice check to help with your next car. I traded in a Cayman lease 2 years into a 3 year lease and was in that situation - car was worth more than my payoff, so I got a check.
#5
Drifting
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At 20K miles in 2 years, if you don't plan to drive more than that in the next two years, then I wouldn't worry too much about repair expenses. Cpa4S says that you can buy 2 more years - if that's true where you live rennlistfan (you don't have your location listed so we have to guess) then you can compare that fixed cost with an unknown cost (which could be zero) and decide.