My TTcab is on a ship heading to the USA!! I have planned to lease the vehicle, probably for 24 months. Porsche Financial is charging 8.8% on the 24 month lease, which is way too high, and the residual is 60%, which is way too low. Does anyone know of any better alternative to Porsche Financial?? If you have any direct contacts with phone numbers, etc, please let me know. Thanks!!

 

jonathan.peck@lamborghinidallas.com

Contact this guy an tell him you were referred by Dave with the C4 Cab from LA. He does a lot of high end financing and was able to get me a pretty good deal.

Dave

 

That is not Porsche Financials rate!! The buy rate is at least two points under that. Sounds to me like your dealer is trying to make some extra cash, like a lot of extra cash by giving you a high rate. Also try balloon financing, sometimes better than leasing and doesn't lock you in, you can sell anytime. Just make sure you have a fixed value ballon so you can walk away with no charge if the car isn't worth what they think it will be worth.

Lou

 

Just a quick word of advice...don't put money down but instead BUY like 10 Security Deposits...it will lower your payments and you get them BACK...it's like earning interest(because your payments are lower) on them....I think 10 may be the MAX you can buy, but it may be more like 14.

Best of Luck
JT

 

JT,

How does that work exactly??

 

Doc;

Usually on a lease, you have to BUY atleast 1 "Security Deposit"..most likeley a bull**** deal, but whatever, but what they don't EVER tell you is that you have the "Option" to buy more. The security deposit is money that you don'e get interest on, but they will refund it to you after you turn the vehicle back in good condition. If you buy more of these, the payments will go down because it's like putting money down, but money that you will get back at the lease end. It's most likely around $595 per, but if you get them back at the end and also lower your lease payments, you essentially would earn interest on it because of the savings you see every month on your lease payment.

It's fairly simple..and if they say you can't do it like that, they are lieing. Make them do it!!

 

some company's only drop the rate like a quarter point or something for all that cash, I have looked into it with Porsche and Audi leases before,

US Bank has some good lease plans but they are weird about comparable credit., ask your dealer to pre check you through them if your score is above 740

 

Hi,
I leased my TT Cab, MSRP 152,000, for no money down at 2150 a month, including taxes. Porsche offered me a lease at $2700 a month, and one phone call to an independent leasing company got me that rate.

David Shapiro

 

David,

Could you give me a contact person and or number?? How long did you lease the TTcab?? Any more details would be welcomed... Thanks

 

I leased my car through US Bank, which was set up by the dealer who sold me the car. The dealer matched the money factor that I found through leasecompare.com, which equated to about 4.5% interest. My cap cost was $82K, on 48 months, with a residual around $56K (I think). My payments are $947 per month. A very good deal, I beleive.

 

that is a good deal. You definitely would not be anywhere near there on a TT now, due to higher rates and lower residuals.