I think 20% discount is going to be hard to get. Have to find the right dealer.

I bought a year-old new 987 Boxster Design Edition 2 out of Naples FL Porsche dealer during the height of the recession. It had been sitting - but all high end cars had been.. MSRP was $ 72K on it, I bought it for $ 55K and then paid $ 500 to ship it.

In 2014 I bought my current 991S Cab which had been on the lot 10 months. MSRP was $ 115K and the deal was $ 105K, three years prepaid maintenance and they punched the warranty and made it a CPO car. Those two items are worth about $ 6,500.

My Pal Donn bought a year old 2013 C2 Cab out of CT (he's in IL) and I want to say he paid $ 72 K on a $ 98K car MSRP. It took them 6 weeks to accept his offer. He was patient!

Deals can be out there, but you may have to cast a wider net.

 

Thanks, i'm going to try the patient route.

 

I traded in a 2014 c2 leased in 2013 on a 2015 c4s. Leased the c4s in July for $100 more per month with more options. Car sat on the lot for a year and they were ready to deal. I had to bring it in for a oil change with less than 2000 miles since it was over 12 months since last oil change. Needless to say dealer paid for it. Porsche will make some pretty good deals on leases if you are patient.

 

I would only lease a 1 year old new car if you can get a 15-20% off MSRP.
Buying it does not make any financial sense as you are buying into an instant 25% depreciation. Being the last year prior to a LCI makes it worst.

 

I liked my deal on a new 2014 Porsche 911. I paid cash.

I think financing and leasing is saying that can't really afford one.

 

The lease vs. buy argument will forever fuel automotive boards, but I think your opinion can be wrong given the circumstances. Plenty of well-off individuals choose to lease/finance their vehicles and purchases. Instead of dropping $130,000 immediately from your bank account, you utilize the cash you save and invest in proper instruments that yield much, much more over the financing term.

Now, if you're leasing a 911 and spending 80% of your monthly paycheck on the payments and returning the car after 3 years, that's another story!

 

I don't keep cars very long, and in the case of leasing, the manufacturer is taking the depreciation hit instead of me. In the case of aggressive residual rates, leasing is the better answer, especially when you're talking high option sports cars, assuming MF is decent (and the market is good). In the case of my M4 convertible that I leased, it will likely end up costing me about $10k less to lease than buy. I could easily pay cash for the car (just like I did with my 911 TTS), but that would be stupid wouldn't it ?

I don't think Porsche lease rates are anywhere near as good as BMW, so I'd imagine the case is far different for Porsche cars. Though, Porsche does great leases sometimes too. I couldn't pass up a 62% MF and a 10% discount on MSRP combined with MSDs and low MF. The convertible is basically worth identical to the coupe the moment it drives off the lot, and BMW held the residual the same as the coupe, so there's that too.

 

I say once the dealer transfers ownership to you, it is your car. Yes, you can maybe transfer the leased car back to them if you qualify to the terms of the contract.

I've owned a lot of air cooled cars and think those ownership's actually paid for my new 991 Carrera:

 

Maybe? It isn't an open ended lease so no, there's no maybe.

I'm sure Porsche is different than BMW. But in the case of my individual deal there was a zero chance at buying being a better decision than leasing.

 

Isn't there always an option to purchase at lease termination? If so, then there is a maybe.

 

Every automobile lease I've seen allows for the car to be turned back in, and always allows for the car to be bought out at lease expiration for either the residual value of the car, or in the case of some F cars, at market value. There is no chance of getting stuck with it -- and as such, there's no maybe involved with either situation.

I'm not arguing against his personal experience. I'm simply saying his personal opinion on the matter does not negate possibility of situations where it makes more financial sense to lease (which was the case in my recent lease). For the most situations, I would agree with him. My situation was not one of those, and was a very, very drastic difference in total cost of ownership.

 

I would ask for a new battery and 13percent discount is ridiculous!! I would expect at least a 17.5 percent discount

 

Seriously.....not paying cash has nothing to do with affording the car. Maybe someone would rather use someone else's money at low to no interest than spend their cash they could invest.

 

Leased, lets me be a Poser.

 

Take it from someone who knows, the patient route is the way to go!! Especially if you aren't getting what you feel you should.