997 2005-2012 911 C2, C2S, C4, C4S, GTS, Targa and Cabriolet Model Discussion.
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Pricing advice 911 Black Edition

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Old Apr 29, 2011 | 10:01 PM
  #16  
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Originally Posted by wallst2011
Thanks all. It looks like leasing it is the best option for me. Only question now is whether the 6% discount I am getting off MSRP for a manual car is a good enough deal or if I should shop it around. A 2 yr, 7.5k/year lease is costing me 10k down and 1k/month.
This thread is confusing.

First off a "black edition" car is in itself a hard car to negotiate on because it is somewhat limited and thus exclusive .

Secondly -- Thirty Four thousand dollars is a lot of money to rent a car for two years only to have no equity when you are done . Add to that the serice and tire replacent and tax and we're talking 40 grand only to end up with having to buy a new car when you are done .

I undestand that you would like a new car . I happen to agree with you that a new car is yours from day one and you write the history with it fresh out of the gate.

But --if you can not afford to buy the car don't buy it . Don't lease it . Just save up for it . The car will always be there but the empty hole in the wallet can not be replaced . A car will not bring enjoyment if it results in debt and financial strain .
 
Old Apr 29, 2011 | 10:13 PM
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Originally Posted by yrralis1
This thread is confusing.

First off a "black edition" car is in itself a hard car to negotiate on because it is somewhat limited and thus exclusive .

Secondly -- Thirty Four thousand dollars is a lot of money to rent a car for two years only to have no equity when you are done . Add to that the serice and tire replacent and tax and we're talking 40 grand only to end up with having to buy a new car when you are done .

I undestand that you would like a new car . I happen to agree with you that a new car is yours from day one and you write the history with it fresh out of the gate.

But --if you can not afford to buy the car don't buy it . Don't lease it . Just save up for it . The car will always be there but the empty hole in the wallet can not be replaced . A car will not bring enjoyment if it results in debt and financial strain .
Totally agree, I'm more confused than ever.

You can get a CPO 2006 C2S/C4S for ~$55K and it's yours to keep after you make all your payments. Thanks to google car payment calculator $10K down, at 2.49% interest rate (penfed) for 60 months, your car payment is less than $800/month. And honestly 80% of Porsches are black editions. I'm just waiting for Suncoast to stock the black edition badges so I can make mine official.
 
Old Apr 29, 2011 | 11:11 PM
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with a lease of only 7.5k miles other then a couple oil changes there won't be much to do.
after the 2 years he could then finance the buy out price and still keep it.or move into a 991...
even if he bought it and sold it in 2 years he would still be out 30k..the second he drives it off the lot its lost 10 grand.+ sales tax
 
Old Apr 30, 2011 | 10:59 AM
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Originally Posted by Ynot
And honestly 80% of Porsches are black editions. I'm just waiting for Suncoast to stock the black edition badges so I can make mine official.
It's not just the color. It comes standard with Infotainmaint, heated power seats, Turbo II wheels. Saves about $5k in options compared to the std Carrera
 
Old May 4, 2011 | 07:19 PM
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Go cpo. You won't regret it.
 
Old May 4, 2011 | 08:12 PM
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That lease is like renting a car for over $1500/mo. I'd hate to figure that out on a per mile basis, but it would be scary. If you go used and buy, you should be able to keep the depreciation figure to less than $10k per year. If you can't afford the payment, you really can't afford the car.
 
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