How is this lease deal?
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How is this lease deal?
I'm pretty sure this is a no brainer, esp. since I get to turn in my 2009 550i in the deal, but is this a good deal?
2011 Panamera
moonroof
PCM with Navigation Module
Bose Audio Package
14-way power seats w/memory
20" Panamera Sport Wheel
Auto Dimming Int & Ext mirrors
Heated seats front
seat ventilation front
Bi-Xenon Headlights
Park Assist F&R w/rev camera
Bose Surround Sound
Xm Sat Radio Receiver
Six disc CD/DVD
Sticker: $86,555
36mo, 10k miles /yr, $3500 due at signing....$1031/mo before taxes.
I originally wanted PASM. How important is it? I've driven a car without it but the salesperson talked up the PASM considerably. This also doesn't appear to have premium package or premium package plus but does have important components. Being in Florida, I don't think heated rear seats are important. The side and rear window shades could be beneficial but the windows will be tinted anyhow.
2011 Panamera
moonroof
PCM with Navigation Module
Bose Audio Package
14-way power seats w/memory
20" Panamera Sport Wheel
Auto Dimming Int & Ext mirrors
Heated seats front
seat ventilation front
Bi-Xenon Headlights
Park Assist F&R w/rev camera
Bose Surround Sound
Xm Sat Radio Receiver
Six disc CD/DVD
Sticker: $86,555
36mo, 10k miles /yr, $3500 due at signing....$1031/mo before taxes.
I originally wanted PASM. How important is it? I've driven a car without it but the salesperson talked up the PASM considerably. This also doesn't appear to have premium package or premium package plus but does have important components. Being in Florida, I don't think heated rear seats are important. The side and rear window shades could be beneficial but the windows will be tinted anyhow.
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Yes, I'm getting out of the BMW lease 10 months early in this deal.
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if thats the case it a good deal, its nothing like getting out your lease early....
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figure your payment is 700 x 10 7,000 bucks there paying off meanwhile it looks like they are giving you a lease price that is right for that MSRP without having any other payoff involved...
BTW random question: can you get the Panamera in a 6-speed manual??
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I don't know to be honest. As much as I love manuals, I haven't had one since I've lived in Orlando. The stop and go traffic on I-4 is just too much of a pain to me to want to own a manual.
And actually, my 550i payment was $1040 per month before taxes so my payment is going down in this deal by $9.
And actually, my 550i payment was $1040 per month before taxes so my payment is going down in this deal by $9.
Last edited by Taylormade2; Oct 13, 2011 at 11:39 AM.
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I don't know to be honest. As much as I love manuals, I haven't had one since I've lived in Orlando. The stop and go traffic on I-4 is just too much of a pain to me to want to own a manual.
And actually, my 550i payment was $1040 per month before taxes so my payment is going down in this deal by $9.
And actually, my 550i payment was $1040 per month before taxes so my payment is going down in this deal by $9.
let me know how it is ...suddenly they are sort of growing on me ... manual would be a deciding factor for me... also I dont relaly need a sedan Im young and single but ... the porsche is a hot one if you do need one
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It's just my wife and I so I technically don't need a sedan either but if we ever go anywhere with friends, I'm the one who likes to drive so I prefer to have at least 4 seats.
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lol jp ... yeah my GF has a jeep tho and alot of my friends have big cars/trucks so it works out to my benefit i dont have to drive and if I do it ends up being their cars
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I am jealous... I owe 13k more on my z06 and I am not in the current financially stable position to make another large purchase yet... but im pheeening !!!
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6spdg37s, I can't PM you because I don't have enough posts yet.
The final monthly amount would have been slightly less due to the $3300 in conquest cash would have gone completely to the new car as opposed to partially for the payoff of the BMW. Even so, this deal is amazing and the conquest cash allows me not to roll any negative equity into the new lease.
The dealership also may have not been as aggressive with the pricing if I didn't have the trade because they had to come down on that too in order for me to hit the payment I wanted.
The final monthly amount would have been slightly less due to the $3300 in conquest cash would have gone completely to the new car as opposed to partially for the payoff of the BMW. Even so, this deal is amazing and the conquest cash allows me not to roll any negative equity into the new lease.
The dealership also may have not been as aggressive with the pricing if I didn't have the trade because they had to come down on that too in order for me to hit the payment I wanted.
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6spdg37s, I can't PM you because I don't have enough posts yet.
The final monthly amount would have been slightly less due to the $3300 in conquest cash would have gone completely to the new car as opposed to partially for the payoff of the BMW. Even so, this deal is amazing and the conquest cash allows me not to roll any negative equity into the new lease.
The dealership also may have not been as aggressive with the pricing if I didn't have the trade because they had to come down on that too in order for me to hit the payment I wanted.
The final monthly amount would have been slightly less due to the $3300 in conquest cash would have gone completely to the new car as opposed to partially for the payoff of the BMW. Even so, this deal is amazing and the conquest cash allows me not to roll any negative equity into the new lease.
The dealership also may have not been as aggressive with the pricing if I didn't have the trade because they had to come down on that too in order for me to hit the payment I wanted.
Mind I ask what dealer you got your car at?
Looking to get into a Panamera but I have 7 months on my Cayenne left... and the closest dealer I found was a 3 hour drive away (2 states away...) and are only waiving 6 payments!
He did offer a $95,000 MSRP Panamera 4 for 0 down (but $1,800 due at signing for first month payment and taxes) for 36 months and $1425/month
I'm not familiar with how they calculate lease prices... how is this deal compared compared to OP's or just in general?
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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.