997 Turbo / GT2 2006–2012 Turbo discussion on the 997 model Porsche 911 Twin Turbo.
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ending my lease w/ Porshe Financial..

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Old Feb 8, 2008 | 12:45 PM
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ending my lease w/ Porshe Financial..

as much as I love my 997TT, it just doesnt make sense for me anymore. since I got my M5, I just dont drive the P car like I used to. I costs me an arm an a leg each month and I find it sitting in the garage more often than not. not that I cant afford it, its just that I feel like I am wasting thousands of dollars a month.

from what I have read, Porcshe Financial does not allow lease transfers.

this is the first car I have ever leased. I usually buy my cars. are there any outs in this situation??
 
Old Feb 8, 2008 | 12:49 PM
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why not drive the Porsche instead of the BMW... Since you've made the BMW seem as a bit of a blockade to pleasure...
 
Old Feb 8, 2008 | 12:58 PM
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Talk to the dealer, they may take it on consignment type of deal as the car is still in relatively high demand. Im sure they can easily perform a lease transfer if the conditions all align.

Did you put $$ down on the lease? If you did it could be an attractive offer for someone to simply take over the lease payments. Would be surprised if the dealer could not coordinate this regardless of who did the lease.
 
Old Feb 8, 2008 | 01:29 PM
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the way im interpreting your situation:

BMW = **** block
 
Old Feb 8, 2008 | 01:31 PM
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^^^ HAHA true!

You basically have to sell it for value and take a loss....

Resale is strong right now so it shouldnt be that bad : )
 
Old Feb 8, 2008 | 01:35 PM
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sorry guys, I have made the decision that I need to ditch the P-car.
 
Old Feb 8, 2008 | 01:44 PM
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ah, wrong topic.
 
Old Feb 8, 2008 | 01:52 PM
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find out what your buyout is, and then figure out what the value of your car is. If it's pretty close, just sell it yourself. If you're upside down on it bad, see if the dealer will consign it for you. White is hot right now, so you should be able to move it pretty easy.
 
Old Feb 8, 2008 | 02:18 PM
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Avi8tir, please check your pm
 
Old Feb 8, 2008 | 04:00 PM
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for those that are interested, the payoff is $126,715.54. The car has 4200 miles on it.

here is a scan straight from the sticker showing all options.

here is the thread I posted soon after I got the car. there are lots of exterior and interior pics.

https://www.6speedonline.com/forums/...ad.php?t=85473

most recent pics about 3 weeks ago:

https://www.6speedonline.com/forums/...d.php?t=114937

 

Last edited by avi8tir; Feb 8, 2008 at 04:12 PM.
Old Feb 8, 2008 | 04:00 PM
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You will owe the remaining payments plus the residual. With a slight shortage you should be able to get out of it.
 
Old Feb 8, 2008 | 04:01 PM
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What color is the stitching?
 
Old Feb 8, 2008 | 04:13 PM
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Originally Posted by jamie
What color is the stitching?
red. see the link I added to my post above with lots of pics
 
Old Feb 8, 2008 | 04:14 PM
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Did you have a SG ZCP M3?
* edit - no you didn't, wrong person.

Good luck in your endeavors.
 
Old Feb 8, 2008 | 04:41 PM
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Originally Posted by WyattH
Did you have a SG ZCP M3?
* edit - no you didn't, wrong person.

Good luck in your endeavors.
ya, I did. sold it back in october.
 


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