I have a 2011 S which is way over on miles under lease...its also almost due for brakes and a 40,000 service will happen within the next 4 months.. I have another 10 months on my lease but its likely that I will be over allotted miles by 9000 or more. In other words I am upside down, and have a black hole ahead with respect to cost of this car

Meanwhile, my dealer told me that they can take me out of my Panamera S early, with Porsche paying the balance of the lease-- and any excess mileage on the lease would be waived if I stay under the 36,000 mile allowance of the total lease.

They have offered me a new well equipped Panamera Platinum Edition for less than my old lease---this would get me out from the excessive extra costs that I am facing soon. I would love to wait for the updated 2014 version, but the economies of the switch will not work out as well next fall when the 2014 cars arrive--and any Porsche assistance to get out of lease without mileage penalties will end shortly,

I drove the 2013 6 cylinder and found it pretty responsive for city driving.. It does not have the grunt of the 8 cylinder during higher speed highway situations, but it feels pretty good. I think I could live with it, but I am curious if others have made the switch from an S to a V-6..?

Who else has gone from an Panamer S to a V-6 --- and how has it worked out for you??

 

Personally I would not make that move, but I have not driven the V6 models so my opinion is biased. For me, I would pay the freight on the mileage and the service unless they can find a V8 powered car that works. I would not swap out of a V8 to a V6 due to some upcoming service. IMO part of the deal. But, if it works for you and you are happy with the financials, do the deal. When push comes to shove, the dealer should be able to offset the mileage if you are buying another P car........ I am a power junkie and the thought of a 300 HP 4000 lbs sedan does not work for this car nut.

 

Thanks for the input.

However, I was looking for opinions from those who might have done this and have familiarity with both drivetrains... BTW, it is not about an upcoming service.. Its about avoiding $3000 or more in excess mileage on the current lease, 1000-1200 in brakes within the next 60 days, and a 40k servicing soon.. so, its actually about $5k or more. Not really costs that Porsche is going to absorb. Meanwhile Porsche (not the dealer) will take me out of the car a year early with no penalty if I lease another now without any costs, and a new V-6 will cost me less per month and spare these excess costs... Just wanted opinions from folks who have done this--

 

I would work w/the dealer to see what other 2013 models that have available. I was able to get a fantastic deal on a 2013 GTS when my 2010 4S lease ended. Same situation - they simply replaced the car and I avoided lots of end-of-lease charges.

 

I believe you will be "sorely" annoyed with a 6 after having the 8...I personally have the GTS, and think it is barely enough given the weight of the car. Sounds like all three respondents on same page re: advice good luck!

 

in your situation seems like you are getting an offer you cant refuse.
yes I would rather have the V-8 but the V-6 drives fine and has enough power for any daily driving condition.
dont over think it

 

Maybe you could do a 1 year lease of the 2013 model since you'll soon want more power after driving it for a while.

 

Can I ask what the lease terms are? I really would like to lease a 2014, but the terms are just so out of line with the market I can't bring myself to do it.

 

I completely understand the lure of this "deal". Personally, I prefer the V8...I tested V6 Panas before I decided on my 4S...but, notwithstanding preference, I might be inclined to look upon this as an opportunity to "right" myself. This is a pitfall of leasing if one doesn't control the mileage. I was in a similar circumstance many years ago. Nowadays, I have to struggle to put 8K a year on the odometer. So, the question you must ask yourself is whether you would be in the same situation of going over the allowed mileage under a new lease as you're in now.

 

It comes down to money - get the biggest engine you can afford

 

thats a pretty good answer too!

+1

 

For me the issue which makes me consider this is that I get "a pass" on my extra miles if I get out of my current car before it hits 36,000, which was the total allotment on my 3 year lease...

Trading into another Panamera S V-8 at a higher price, three months before the new version with the twin turbo engine is released, does not feel right to me. Price will be higher for me on another S because I am only paying 1200/mo on the current car (I got a special deal on a demo, and I had 7500 cap reduction at that time due to trade in credit my dealer gave me on a former leased car with low residual).

I also assume that I can drive the V-6 for a couple of years and then Porsche will do the same early lease termination when the true next generation 2016 Panamera is due to be released..

Not sure I will do anything right now---but I was just looking for feedback from others who might have done the switch previously

 

I was in a similar situation with my Cayenne. I had experience with a Porsche Cayenne S 955 but i was quite surprised with the Cayenne V6 958. I was impressed with the V6 and it's more than enough for the lady.

 

Donfenn,

I just made this exact switch! My lease on my Panamera S wasn't up until November but Porsche offered me a pull ahead and allowed me to get out of my current lease early if I signed a new lease for a Panamera Platinum Edition. I went through with it so hopefully I can provide you with some insight.

At first the engine seems underwhelming, compared to the v8. Driving around town seems more of chore...the car "feels" heavier compared to the "S" and requires you to step on the pedal to get it going during stop and go traffic. After about a week I wouldn't even express this previous concern. The car has great pickup and it's more than ample for daily driving.

On the highway the car is another story. The V6 is fantastically smooth and easily cruises to top speed;you can tell the car was made to go fast!

Although you will initial feel the downgrade in engine size it's the exact same beautiful Panamera that you currently drive. What sold me is that I could get the same car with a slightly smaller engine and save a few hundred/month... it was a no brainer. In your case the deal sounds great to get you out of over mileage, service, and new breaks so I'd say go for it! You will be happy to have a beautiful new Porsche.

 

It seems like you drive a lot, so one can assume its mostly highway mileage. If that's the case then V6 vs V8 shouldn't matter much. I had a V6 loaner recently when my GTS was getting its 10k service; it was a great daily driver/highway cruiser. It certainly isn't quick, but for long commutes I could easily live with it, as long as it had Turbo II wheels!