991
Sponsored by:
Sponsored by:

Buying Porsche at end of Lease

Thread Tools
 
Rate Thread
 
Old Feb 4, 2012 | 12:36 PM
  #1  
tomshop's Avatar
Thread Starter
|
Registered User
Joined: Jan 2012
Posts: 155
From: New York
Rep Power: 21
tomshop is infamous around these parts
Buying Porsche at end of Lease

Has anyone bought their Porsche at the end of the lease through Porsche Financial? If so, is it possible to negotiate a price lower than the residual? Some manufacturer finance firms allow you to do this if market price is lower than the residual and some out of policy do not even if the wholesale is lower than residual.
 
Old Feb 4, 2012 | 10:26 PM
  #2  
TT Surgeon's Avatar
Registered User
20 Year Member
Joined: Aug 2004
Posts: 6,518
From: Corpus Christi, Texas
Rep Power: 351
TT Surgeon Is a GOD !TT Surgeon Is a GOD !TT Surgeon Is a GOD !TT Surgeon Is a GOD !TT Surgeon Is a GOD !TT Surgeon Is a GOD !TT Surgeon Is a GOD !TT Surgeon Is a GOD !TT Surgeon Is a GOD !TT Surgeon Is a GOD !TT Surgeon Is a GOD !
Yes I have, at one time you could negotiate some butnot anymore.
 
Old Feb 5, 2012 | 04:41 AM
  #3  
tomshop's Avatar
Thread Starter
|
Registered User
Joined: Jan 2012
Posts: 155
From: New York
Rep Power: 21
tomshop is infamous around these parts
Reason I ask is it may be better to lease if you have a second bite at apple to negotiate price down at end of lease in particular if you have a heavily optioned car.
 
Old Feb 5, 2012 | 08:38 PM
  #4  
uhn2000's Avatar
Registered User
Joined: Jan 2010
Posts: 1,310
From: Toronto, Canada
Rep Power: 86
uhn2000 has a brilliant futureuhn2000 has a brilliant futureuhn2000 has a brilliant futureuhn2000 has a brilliant futureuhn2000 has a brilliant futureuhn2000 has a brilliant futureuhn2000 has a brilliant futureuhn2000 has a brilliant futureuhn2000 has a brilliant futureuhn2000 has a brilliant futureuhn2000 has a brilliant future
Really not sure if they negotiate..
 
Old Feb 5, 2012 | 10:42 PM
  #5  
trovan's Avatar
Registered User
Joined: Sep 2004
Posts: 2,956
From: SoCal
Rep Power: 143
trovan is just really nicetrovan is just really nicetrovan is just really nicetrovan is just really nice
they have been mostly non-negotiable, at least based on few friends' experience. i believe they are all insured anyway. PFS will get their money even if the car is worth less than the buy back value.
 
Old Feb 5, 2012 | 10:50 PM
  #6  
Aerodude's Avatar
Registered User
Joined: Sep 2010
Posts: 1,499
From: Fremont, CA
Rep Power: 94
Aerodude has a brilliant futureAerodude has a brilliant futureAerodude has a brilliant futureAerodude has a brilliant futureAerodude has a brilliant futureAerodude has a brilliant futureAerodude has a brilliant futureAerodude has a brilliant futureAerodude has a brilliant futureAerodude has a brilliant futureAerodude has a brilliant future
Originally Posted by tomshop
Has anyone bought their Porsche at the end of the lease through Porsche Financial? If so, is it possible to negotiate a price lower than the residual? Some manufacturer finance firms allow you to do this if market price is lower than the residual and some out of policy do not even if the wholesale is lower than residual.
I don't think they negotiate -- really no incentive for them. If you're thinking of keeping the car, keep in mind that the car you know is worth a little more to you than market value.
 
Old Feb 12, 2012 | 12:28 PM
  #7  
tomshop's Avatar
Thread Starter
|
Registered User
Joined: Jan 2012
Posts: 155
From: New York
Rep Power: 21
tomshop is infamous around these parts
I have been able to negotiate on other brands as their alternative is to sell the car at wholesale.
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
2lflat4
Automotive Parts & Accessories For Sale/Wanted
2
Nov 18, 2019 05:05 PM
joseph_number1
Automotive Parts & Accessories For Sale/Wanted
12
Jul 19, 2018 05:45 PM
vividracing
997 Turbo / GT2
8
Aug 21, 2015 06:34 AM
Phoenix604
Automobiles For Sale
0
Aug 19, 2015 10:39 PM
HolmaN
997
0
Aug 18, 2015 01:35 PM



You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -6. The time now is 10:54 PM.