Notices

Targa lease cost

Thread Tools
 
Search this Thread
 
Old 05-01-2014, 02:09 PM
  #1  
Fundip
Track Day
Thread Starter
 
Fundip's Avatar
 
Join Date: Jan 2014
Posts: 18
Likes: 0
Received 0 Likes on 0 Posts
Default Targa lease cost

Dealer quoted me around $2800 / month all-in on a 4s lease. Sounds really high to me. Anyone else lease one yet?
Old 05-01-2014, 02:42 PM
  #2  
Jonathon Rolstin
Burning Brakes
 
Jonathon Rolstin's Avatar
 
Join Date: Jan 2009
Posts: 1,170
Likes: 0
Received 4 Likes on 3 Posts
Default

I did last night but I was dreaming
Old 05-01-2014, 02:55 PM
  #3  
moab
Rennlist Member
 
moab's Avatar
 
Join Date: May 2012
Location: TO
Posts: 2,083
Received 701 Likes on 343 Posts
Default

Originally Posted by Jonathon Rolstin
I did last night but I was dreaming
dreaming about paying that much for a lease? don't you mean "nightmare"?
Old 05-01-2014, 03:06 PM
  #4  
wc11
Race Car
 
wc11's Avatar
 
Join Date: Mar 2012
Location: Pickering, Ontario, Canada
Posts: 3,503
Received 158 Likes on 100 Posts
Default

Looks like a pretty "healthy" mortgage payment to me.
You can live in your car but you can't drive your house.
Old 05-01-2014, 03:06 PM
  #5  
porsche0nut
Race Car
 
porsche0nut's Avatar
 
Join Date: Nov 2009
Location: Ottawa
Posts: 3,526
Received 17 Likes on 14 Posts
Default

$100,800 over 3 years.

Buy a 1-year old C4S for that, and in 3 years sell it for $70k. Using car math, your costs are now down to $830/month........ plus my consulting fees (of course).


By reading my post you agree to above-mentioned consulting fees.

Last edited by porsche0nut; 05-01-2014 at 04:12 PM.
Old 05-01-2014, 03:13 PM
  #6  
Fundip
Track Day
Thread Starter
 
Fundip's Avatar
 
Join Date: Jan 2014
Posts: 18
Likes: 0
Received 0 Likes on 0 Posts
Default

Yeah, but I really like the Targa and I'd rather do a lease.

Anyone know a dealer who'll lease one for less?
Old 05-01-2014, 03:34 PM
  #7  
jumper5836
Nordschleife Master
 
jumper5836's Avatar
 
Join Date: Mar 2004
Location: great white north
Posts: 8,534
Received 72 Likes on 48 Posts
Default

All in, sounds about right for a low residual and 150k ish car.
Old 05-01-2014, 03:40 PM
  #8  
jumper5836
Nordschleife Master
 
jumper5836's Avatar
 
Join Date: Mar 2004
Location: great white north
Posts: 8,534
Received 72 Likes on 48 Posts
Default

usually they have more inventory but you can get an idea of what people are paying for leases here
http://www.leasebusters.com/en/details.asp?ID=155499
Old 05-01-2014, 03:43 PM
  #9  
Fundip
Track Day
Thread Starter
 
Fundip's Avatar
 
Join Date: Jan 2014
Posts: 18
Likes: 0
Received 0 Likes on 0 Posts
Default

53% residual is what they said on a 36 month lease.
Old 05-01-2014, 04:12 PM
  #10  
porsche0nut
Race Car
 
porsche0nut's Avatar
 
Join Date: Nov 2009
Location: Ottawa
Posts: 3,526
Received 17 Likes on 14 Posts
Default

You could play the dealers against each other and shop prices? Are you in the GTA?

I agree with you, the Targa is awesome. Am anxious to see one in person.
Old 05-01-2014, 05:43 PM
  #11  
Jamie140
Nordschleife Master
 
Jamie140's Avatar
 
Join Date: Sep 2003
Location: Barrie/Marco Island, fl.
Posts: 6,368
Received 838 Likes on 384 Posts
Default

Originally Posted by Fundip
$2800 / month
I say this with peace and love, peace and love:

Are you fvcking high?
Old 05-01-2014, 06:06 PM
  #12  
Torontoworker
Drifting
 
Torontoworker's Avatar
 
Join Date: Mar 2009
Location: West of Mosport!
Posts: 3,372
Received 59 Likes on 26 Posts
Default

Originally Posted by Jamie140
I say this with peace and love, peace and love:

Are you fvcking high?
LOL
Old 05-01-2014, 08:10 PM
  #13  
CamsPorsche
Rennlist Member
 
CamsPorsche's Avatar
 
Join Date: Apr 2009
Location: Taxronto
Posts: 4,450
Received 547 Likes on 236 Posts
Default

It all depends on how you spec'd your Targa etc.

In the for sale section Sonnen Porsche has a 991 Cab lease for $799/month USD on a $111k list price:

https://rennlist.com/forums/showthre...ferrerid=68774

Residual on this 24 month/5k miles per year lease is 73%, so $81457.
Old 05-02-2014, 12:10 AM
  #14  
Fundip
Track Day
Thread Starter
 
Fundip's Avatar
 
Join Date: Jan 2014
Posts: 18
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by CamsPorsche
It all depends on how you spec'd your Targa etc.

In the for sale section Sonnen Porsche has a 991 Cab lease for $799/month USD on a $111k list price:

https://rennlist.com/forums/showthre...ferrerid=68774

Residual on this 24 month/5k miles per year lease is 73%, so $81457.
I cannot lease a US car though, I am in Canada.
Old 05-02-2014, 12:12 AM
  #15  
Fundip
Track Day
Thread Starter
 
Fundip's Avatar
 
Join Date: Jan 2014
Posts: 18
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Jamie140
I say this with peace and love, peace and love:

Are you fvcking high?
No, but a little constructive feedback would be appreciated. Clearly, you think it's a bad deal, but can you be more specific?


Quick Reply: Targa lease cost



All times are GMT -3. The time now is 05:13 AM.