What are the new 991 Carrera S's leasing like? Anybody have some example numbers they can throw around? I was thinking of one in the new 2-3 years once a few pre-owned ones start bouncing around with 10K+ miles.

-Spencer

 

You'd be better off leasing a new one for 3 years. The residual will be higher thus making the payments lower on a new car.

 

1700-2000/mo. 3 years. 2 years are more. your welcome.

 

Most banks will not finance a pre-owned vehicle. The residuals are great for the new 991 so I would go in that direction.

 

huh? Most banks and credit unions DO finance used cars.

-Leasing should primarily be done via that specific automakers financial arm. In this case Porsche Financial. In rare instances its better to go with a leasing company. Most banks however, while they do offer leasing- the leases are so out of this world crazy high, that what they're trying to tell you is "no thank you. please do not lease with us'.

 

With a P car the design cycles are so long you are better off buying the car. If you lease for 3 years what are you gonna do, lease another identical 991. Doesn't make sense. My opinion only. If you can't buy a Porsche you can't afford a Porsche.

 

Just cause you can buy a Porsche doesn't mean you can afford to own one.

 

 

Very true. See it everyday in my parts. Guys living in apartments with 2 or 3 other guys, driving a Porsche and parking it on the street. No patience. Every needs to have it now. Bought my first Porsche when I was 46. It was a new 2001 Porsche 911. I had a home and 2 kids. Stupid me I put my family first.

 

So I've posted before on the lease vs finance topic and I am curious to learn more about the rational for both (lets skip the "I pay straight cash" comments on this one - that's fine and great but the op is asking about leasing).

So take Stoppie's top end - $2k/month for 36month = $72,000

I just can't fathom why anyone would pay $72k and have nothing to trade in or sell at the end of the lease term - meanwhile they could have financed $100k (just keep it simple - not factoring in a downpayment etc) and have something at the end of it all to either trade in or sell.

I mean I guess it all depends on the rates factoring in on either option but I still have a hard time understanding how a lease could possibly make sense.

This all said from someone who has leased my last three vehicles... I don't think I'll be doing it again.

Re the comment on "most banks" not financing used cars - used was the wrong qualifier there. My bank for instance will only finance cars 2008 or newer. So definitely used, just not too used ;]

You have to go with a specialty "vintage" car financier or a different type of loan which will be nowhere near the rates you can get on a standard vehicle loan.