Porsche Discussion Forums
I know this has already been discussed more than enough but it seems the porsche leasings get worse and worse. Porsche has probably the worst leasing rates in the entire industry. I was playing with the thoughts to lease a base 718 Boxster and even though the dealer gave me 8% off and I had a pretty base model, the payment for 36 month and 3k down was almost 1000 dollars. We are talking about a 60k car here. You can lease a 7 series BMW with MSRP of 95k for 600 dollars and 3k down. I know Porsche wants to keep their brand exclusive but why do they go that extreme? I was reading the statistics and their 12 month sales for Boxster/Cayman in February was down over 50% and in February they had sold in the entire US only 163 boxster/caymans (vs. You can lease a 7 series BMW with MSRP of 95k for 600 dollars and 3k down.
I know Porsche wants to keep their brand exclusive but why do they go that extreme? Agree with you on the lease rates for the 718. But please tell me where I can get the deal on the 7 series, seriously, I am in the market! 600.00 3k down for a 95k car? Agree with you on the lease rates for the 718. But please tell me where I can get the deal on the 7 series, seriously, I am in the market! You have to put some MSDs(security deposit) which you will get back after the end of your leasing, he can tell you about the details. 150USD. If you are interested in this deal, you have to hurry, he has few cars left for this price and apparently they are selling pretty quickly. PS: Now compare that with any 718 lease deal! Last edited by john981; 04-21-2019 at 04:23 AM.
600.00 3k down for a 95k car? A lot of leftover 2019 7 series deals. You'll be over 600 with 3k down when you take away the msd and add tax, but you'll be able able to get close. My personal favorite is this ! 718s don't lease well. But one dealer in NH was blowing them out end of November. 600 for base 700 for S with under 2k at signing, that included tax. John if you're in the northeast I would contact bostoncarconcierge. He was the one who had access to those crazy 718 deals. Last edited by MEM82; 04-21-2019 at 10:40 AM. It's fundamental to the brand. Rates on 718s are not that crazy at 3.99, Cayennes and Macans are at 6 and they both sell extremely well. If Porsche used actual future value as residuals, and low interest rates you'd be lease a base 718 for cheaper than a VW GTI, it makes no sense. You pay more on interest, have a higher monthly payment to keep exclusivity high, and you get equity at the end of your lease which brings back cost of ownership to a reasonable price for the car you're getting.
Its genius, and perfect for a brand that markets itself as such. It's fundamental to the brand. Rates on 718s are not that crazy at 3.99, Cayennes and Macans are at 6 and they both sell extremely well. If Porsche used actual future value as residuals, and low interest rates you'd be lease a base 718 for cheaper than a VW GTI, it makes no sense. You pay more on interest, have a higher monthly payment to keep exclusivity high, and you get equity at the end of your lease which brings back cost of ownership to a reasonable price for the car you're getting. Its genius, and perfect for a brand that markets itself as such. I am not asking for VW GTI rates but they should keep it reasonable. Even the Porsche dealerships are complaining about this terrible lease rates. The fact that the sales numbers for the 718's are declining like crazy is a proof that this is not that "genius" what they are doing here.