What would you do?
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Joined: Jan 2008
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From: South Florida
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[quote=Precisionmotors;3112833]Hind sight is always 20-20. I didn't plan on keeping the vehicle past the lease term, but looking back at the total payments over the last 3 years, I could have owned it out right in another year. That's why I've decided against leasing again. So after looking at my purchasing options, it just seemed crazy to spend an extra 50k when I wasn't really "wowed" by the 2011. The dealer told me I could pay the 42k buyout, drive it for a year and sell it close to that price a year later.[/quote]
I agree with them .
I also have never seen a Porsche lease that made any sense at all . I am not fond of leases in general but at least some of the competitors like BMW make some effort . I was also thinking about a year but much depends on the amount of miles you drive and the expiration of the warranty. You can not cross 50K miles ... depreciation is huge. 6 months of warranty at leasy gives the next owner a little incentive .
Another option is simply to hand them back the keys and start over with a completely different vehicle. Consider it a fresh start .
I agree with them .
I also have never seen a Porsche lease that made any sense at all . I am not fond of leases in general but at least some of the competitors like BMW make some effort . I was also thinking about a year but much depends on the amount of miles you drive and the expiration of the warranty. You can not cross 50K miles ... depreciation is huge. 6 months of warranty at leasy gives the next owner a little incentive .
Another option is simply to hand them back the keys and start over with a completely different vehicle. Consider it a fresh start .
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Joined: Mar 2009
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From: NJ
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I said it to another member just last week - BUY 2 CARS!! Buy your GTS for 42K and buy a used 911 for $30. 18K in your pocket pays for a few years of insurance and gas. The 911 will satisfy your urge for super performance and your GTS will be your PGG (Performance Grocery Getter.) If your tight on space, extend your driveway for a few grand - your still ahead but now you have 2 PORSCHEs. You would then have achieved ultimate manliness.
Registered User
Joined: May 2009
Posts: 1,722
From: Southwest Florida
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I said it to another member just last week - BUY 2 CARS!! Buy your GTS for 42K and buy a used 911 for $30. 18K in your pocket pays for a few years of insurance and gas. The 911 will satisfy your urge for super performance and your GTS will be your PGG (Performance Grocery Getter.) If your tight on space, extend your driveway for a few grand - your still ahead but now you have 2 PORSCHEs. You would then have achieved ultimate manliness.
Wish i had come up with that one
+++1 on the recommendation to get a used 911 you can mod the ****ake out of...
