How is this lease deal?
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Joined: Oct 2011
Posts: 24
From: NJ
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Porsche of Melbourne.
Keep in mind, leases aren't any different than loans when it comes to trading in. It just depends on the buy out price of the car and how it compares to the trade in value. There was only a $3000 difference between the buyout price of my 550i and what they were giving as the trade value, therefore the $3300 in conquest money took care of this.
Keep in mind, leases aren't any different than loans when it comes to trading in. It just depends on the buy out price of the car and how it compares to the trade in value. There was only a $3000 difference between the buyout price of my 550i and what they were giving as the trade value, therefore the $3300 in conquest money took care of this.
So essentially, what you did was trade in your BMW, which had negative equity (as always). However, Conquest Cash for switching from BMW to Porsche covered that negative equity (around $3,000).
I was confused because Porsche currently has a special where they just eat up 6 payments flat out and take your car back, without any negative equity and I thought that's the offer you got. Thanks!
Been shopping around, and I'm thinking of just keeping the Cayenne and getting a Mercedes E class as opposed to the Panamera... Went to the dealership the other day and the car looks fabulous! Pictures make it look ugly, let's be honest, but in person it's just WOW! With that said, I can't seem to be able to justify paying the same amount of money for one car when I can get 2 cars, especially since the Panamera 4 has a similar engine (in terms of size) when compared to the Cayenne (base). Only reason I was looking into the Panamera is because of ample trunk space (with seats folded down for when it is necessary) but also is a sedan. Keeping the Cayenne and getting a Merc seems to accomplish that, at the same price, in addition to having an extra car for whenever something happens (blown tire, accident, need to get to work the next day etc.) Any thoughts on this, especially from current Panamera owners?
Registered User
Joined: Sep 2011
Posts: 315
From: NJ
Rep Power: 29
Understood.
So essentially, what you did was trade in your BMW, which had negative equity (as always). However, Conquest Cash for switching from BMW to Porsche covered that negative equity (around $3,000).
I was confused because Porsche currently has a special where they just eat up 6 payments flat out and take your car back, without any negative equity and I thought that's the offer you got. Thanks!
Been shopping around, and I'm thinking of just keeping the Cayenne and getting a Mercedes E class as opposed to the Panamera... Went to the dealership the other day and the car looks fabulous! Pictures make it look ugly, let's be honest, but in person it's just WOW! With that said, I can't seem to be able to justify paying the same amount of money for one car when I can get 2 cars, especially since the Panamera 4 has a similar engine (in terms of size) when compared to the Cayenne (base). Only reason I was looking into the Panamera is because of ample trunk space (with seats folded down for when it is necessary) but also is a sedan. Keeping the Cayenne and getting a Merc seems to accomplish that, at the same price, in addition to having an extra car for whenever something happens (blown tire, accident, need to get to work the next day etc.) Any thoughts on this, especially from current Panamera owners?
So essentially, what you did was trade in your BMW, which had negative equity (as always). However, Conquest Cash for switching from BMW to Porsche covered that negative equity (around $3,000).
I was confused because Porsche currently has a special where they just eat up 6 payments flat out and take your car back, without any negative equity and I thought that's the offer you got. Thanks!
Been shopping around, and I'm thinking of just keeping the Cayenne and getting a Mercedes E class as opposed to the Panamera... Went to the dealership the other day and the car looks fabulous! Pictures make it look ugly, let's be honest, but in person it's just WOW! With that said, I can't seem to be able to justify paying the same amount of money for one car when I can get 2 cars, especially since the Panamera 4 has a similar engine (in terms of size) when compared to the Cayenne (base). Only reason I was looking into the Panamera is because of ample trunk space (with seats folded down for when it is necessary) but also is a sedan. Keeping the Cayenne and getting a Merc seems to accomplish that, at the same price, in addition to having an extra car for whenever something happens (blown tire, accident, need to get to work the next day etc.) Any thoughts on this, especially from current Panamera owners?
anywho the car ends up being what a half loaded e350 4matic will cost you ..
I cant pull the trigger and do it because my cash flow is shot right now..not to mention I really dont need it it is a want... but yeah
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Registered User
Joined: Oct 2011
Posts: 29
From: Orlando
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The 3 month offer and the 6 month offer are the same program. The 6 month offer is only for existing Porsche owners. The 3 month program is for owners of other branded vehicles.
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