Car Buying Advice - 2018 Macan and Macan S MF and residuals.

Milo1987

Michael, 60% is confirmed for 39 month term?

Dealer continues to say for October... 58% Residual for 39 months...12k miles...

kyfdx

Milo1987 said:

Michael, 60% is confirmed for 39 month term?

Dealer continues to say for October... 58% Residual for 39 months...12k miles...

That was the information we gave you.

60%/58% residual for 36/39 mo

rattix

Michaell said:

rattix said:

1-For eastern PA, can I get MF/R for 2018 Macan GTS?
2-Possibly may get the car from dealer in Atlanta. If that would affect the rates, can you also provide them for that area?

Thanks!

So far as we know, the Porsche numbers are national.

What lease term and how many miles per year?

My bad. I asked the question, then forgot to check back with you. Sorry! I am talking to a dealer in Atlanta, GA, about a 2018 Macan GTS. 36/12

I live in Pennsylvania, and our sales tax is 9% on a lease car.

Perusing your latest answers from October, I think the MF is .00250, Res 60%.

The car is MSRP $82,840. They agreed to a 9% discount, making the cap cost $75,384.40.

I calculated a payment of $1118.42 [made up of lease pmt $1026.07+ sales tax $92.35]

When I emailed that payment to the dealer for confirmation, they said it looked low but they would get back to me.

Did I calculate it right?

(I am supposed to leave Friday morning to get the car Saturday and want to avoid any surprises.)

Thx!

rattix

rattix said:

Michaell said:

rattix said:

1-For eastern PA, can I get MF/R for 2018 Macan GTS?
2-Possibly may get the car from dealer in Atlanta. If that would affect the rates, can you also provide them for that area?

Thanks!

So far as we know, the Porsche numbers are national.

What lease term and how many miles per year?

My bad. I asked the question, then forgot to check back with you. Sorry! I am talking to a dealer in Atlanta, GA, about a 2018 Macan GTS. 36/12

I live in Pennsylvania, and our sales tax is 9% on a lease car.

Perusing your latest answers from October, I think the MF is .00250, Res 60%.

The car is MSRP $82,840. They agreed to a 9% discount, making the cap cost $75,384.40.

I calculated a payment of $1118.42 [made up of lease pmt $1026.07+ sales tax $92.35]

When I emailed that payment to the dealer for confirmation, they said it looked low but they would get back to me.

Did I calculate it right?

(I am supposed to leave Friday morning to get the car Saturday and want to avoid any surprises.)

Thx!

8:10-Just got a phone call from the finance guy. He swears .00330 is the MF for a Macan GTS, and said the .00250 is incorrect. Maybe the GTS is leasing at a higher MF?

Milo1987

I assume the dealer is marking the money factor up- .00250 is ridiculous high % as-is via PFS. More $ for the dealer at .00330. Have him prove this figure is "true" for October's money factor via PFS. Doubt he will be able to.

rattix

Milo1987 said:

I assume the dealer is marking the money factor up- .00250 is ridiculous high % as-is via PFS. More $ for the dealer at .00330. Have him prove this figure is "true" for October's money factor via PFS. Doubt he will be able to.

Thanks Milo. I’ll update this after talking to them tomorrow.

kyfdx

rattix said:

Milo1987 said:

I assume the dealer is marking the money factor up- .00250 is ridiculous high % as-is via PFS. More $ for the dealer at .00330. Have him prove this figure is "true" for October's money factor via PFS. Doubt he will be able to.

Thanks Milo. I’ll update this after talking to them tomorrow.

.00280 MF is the base rate for the 4th Quarter
60% residual for 36/12

That's $1064+tax

Assuming acquisition, dealer and DMV fees are paid upfront.
GA dealers charge some hefty dealer fees
I think the PFS acquisition fee is $995.

rattix

kyfdx said:

rattix said:

Milo1987 said:

I assume the dealer is marking the money factor up- .00250 is ridiculous high % as-is via PFS. More $ for the dealer at .00330. Have him prove this figure is "true" for October's money factor via PFS. Doubt he will be able to.

Thanks Milo. I’ll update this after talking to them tomorrow.

.00280 MF is the base rate for the 4th Quarter
60% residual for 36/12

That's $1064+tax

Assuming acquisition, dealer and DMV fees are paid upfront.
GA dealers charge some hefty dealer fees
I think the PFS acquisition fee is $995.

Kyfdx-That’s exactly where I ended up.

To update this, the sales manager called me this morning after I told them I wasn’t taking the deal if they insisted on .00330. He said they would write it at .00280.

Then he said he “always quotes tier 2 or 3 credit rates because if they have a high credit score it’s easier to tell the customer the payment will be lower, than the other way around.” My thought was that sounds better than, ‘We always try to bump the rate and sometimes customers don’t realize it.’

Anyway this worked out great with the help I got here, and I got a 9% discount on a GTS which are hard to find with the equipment I wanted. Once I filtered for a trailer hitch and heated steering wheel, the inventory almost disappeared.

Thanks much!

Coopershu

Can I please get MF and Residual for Macan S and Turbo for 36mths, 10K?
What is the Acq fee? Does Porsche change there numbers monthly ?
Thx

kyfdx

rattix said:

kyfdx said:

rattix said:

Milo1987 said:

I assume the dealer is marking the money factor up- .00250 is ridiculous high % as-is via PFS. More $ for the dealer at .00330. Have him prove this figure is "true" for October's money factor via PFS. Doubt he will be able to.

Thanks Milo. I’ll update this after talking to them tomorrow.

.00280 MF is the base rate for the 4th Quarter
60% residual for 36/12

That's $1064+tax

Assuming acquisition, dealer and DMV fees are paid upfront.
GA dealers charge some hefty dealer fees
I think the PFS acquisition fee is $995.

Kyfdx-That’s exactly where I ended up.

To update this, the sales manager called me this morning after I told them I wasn’t taking the deal if they insisted on .00330. He said they would write it at .00280.

Then he said he “always quotes tier 2 or 3 credit rates because if they have a high credit score it’s easier to tell the customer the payment will be lower, than the other way around.” My thought was that sounds better than, ‘We always try to bump the rate and sometimes customers don’t realize it.’

Anyway this worked out great with the help I got here, and I got a 9% discount on a GTS which are hard to find with the equipment I wanted. Once I filtered for a trailer hitch and heated steering wheel, the inventory almost disappeared.

Thanks much!

Thanks for checking back in. I think your characterization of the MF issue is dead on.

Congrats on the new Porsche!

kyfdx

Coopershu said:

Can I please get MF and Residual for Macan S and Turbo for 36mths, 10K?
What is the Acq fee? Does Porsche change there numbers monthly ?
Thx

Turbo Performance: .00264 MF and 49% residual
Turbo: .00264 MF and 57% residual
S: .00280 MF and 61% residual

$995, I think.

Porsche updates quarterly

rattix

kyfdx said:

rattix said:

kyfdx said:

rattix said:

Milo1987 said:

I assume the dealer is marking the money factor up- .00250 is ridiculous high % as-is via PFS. More $ for the dealer at .00330. Have him prove this figure is "true" for October's money factor via PFS. Doubt he will be able to.

Thanks Milo. I’ll update this after talking to them tomorrow.

.00280 MF is the base rate for the 4th Quarter
60% residual for 36/12

That's $1064+tax

Assuming acquisition, dealer and DMV fees are paid upfront.
GA dealers charge some hefty dealer fees
I think the PFS acquisition fee is $995.

Kyfdx-That’s exactly where I ended up.

To update this, the sales manager called me this morning after I told them I wasn’t taking the deal if they insisted on .00330. He said they would write it at .00280.

Then he said he “always quotes tier 2 or 3 credit rates because if they have a high credit score it’s easier to tell the customer the payment will be lower, than the other way around.” My thought was that sounds better than, ‘We always try to bump the rate and sometimes customers don’t realize it.’

Anyway this worked out great with the help I got here, and I got a 9% discount on a GTS which are hard to find with the equipment I wanted. Once I filtered for a trailer hitch and heated steering wheel, the inventory almost disappeared.

Thanks much!

Thanks for checking back in. I think your characterization of the MF issue is dead on.

Congrats on the new Porsche!

One more thing I think is good to at least know and consider on these leases. Porsche prepaid maintenance plans are cheaper than paying out of pocket at the time the service is performed.

Porsche offers the first year’s service free. If you buy what they call a “Plus 1” maintenance plan [$740], it covers the second year. BUT, here is the good part...Porsche adds 1% to the residual when you buy that Plus 1, which on an $80,000 car makes that plan “free”. So my 36/12 GTS lease which would have had a residual of 60% became 61%.

kyfdx

@rattix Thanks for the info!

yongming

Can I have 36/7500, 39/7500 numbers?

kyfdx

yongming said:

Can I have 36/7500, 39/7500 numbers?

Which Macan model?

Milo1987

May I have 36m - 10k,12k vs. 39m - 10k,12k.

Base Money factor?

Base 4cyl Macan. Any incentive(s) for November? A lot of units sitting it appears - Thank you

kyfdx

Milo1987 said:

May I have 36m - 10k,12k vs. 39m - 10k,12k.

Base Money factor?

Base 4cyl Macan. Any incentive(s) for November? A lot of units sitting it appears - Thank you

.00250 MF
60%/58% residual for 36/39 mo, 12K/yr
Add 1% for 10K/yr

No lease incentives

NormW

Thanks for your help on the Audis and MB. Pulled the trigger last week. 

Asking this for a friend... MF and residuals
2018 Porsche Macan regular
36/7.5k and 36/10k
ZIP 90046

Thanks!

Michaell

NormW said:

Thanks for your help on the Audis and MB. Pulled the trigger last week. 

Asking this for a friend... MF and residuals
2018 Porsche Macan regular
36/7.5k and 36/10k
ZIP 90046

Thanks!

.00250 and 62% / 61%

alicat1

What is the MF reduction for one pay leases? Thank you for your time. Edmund's Forums have proved to be an invaluable resource. I truly appreciate your hard work.

Michaell

alicat1 said:

What is the MF reduction for one pay leases? Thank you for your time. Edmund's Forums have proved to be an invaluable resource. I truly appreciate your hard work.

I'm not 100% certain, but I think it's .00050 for 24 months, and .00060 for 36 months

Hotwheelz1guy

I just got this deal from the dealer in 92130. Want to see if this is a good deal or not. Haves signed anything yet
Thanks 

MSRP-$53,540
Residual- 58% ($31,053.20)
Term-39mo
MF-.00250
Selling price -$48,441
Money Down-$2,000 (covers 1st payment/tax/fees)
Cap Reduction-$627.29
Adjusted Cap Cost-$48,888.71
Capped Fees-$1,075
Total Taxes-$2,037.13
Lic/Reg-$576.00
Fees-$37.75
Monthly Payment-$657.17
Tax-$50.93

Total Monthly Payment -$708.10

Hotwheelz1guy

Hotwheelz1guy said:

I just got this deal from the dealer in 92130. Want to see if this is a good deal or not. Haves signed anything yet
Thanks 

MSRP-$53,540
Residual- 58% ($31,053.20)
Term-39mo
MF-.00250
Selling price -$48,441
Money Down-$2,000 (covers 1st payment/tax/fees)
Cap Reduction-$627.29
Adjusted Cap Cost-$48,888.71
Capped Fees-$1,075
Total Taxes-$2,037.13
Lic/Reg-$576.00
Fees-$37.75
Monthly Payment-$657.17
Tax-$50.93

Total Monthly Payment -$708.10

I forgot to mention 2018 Macan base. 

Hotwheelz1guy

Hotwheelz1guy said:

I just got this deal from the dealer in 92130. Want to see if this is a good deal or not. Haves signed anything yet
Thanks 

MSRP-$53,540
Residual- 58% ($31,053.20)
Term-39mo
MF-.00250
Selling price -$48,441
Money Down-$2,000 (covers 1st payment/tax/fees)
Cap Reduction-$627.29
Adjusted Cap Cost-$48,888.71
Capped Fees-$1,075
Total Taxes-$2,037.13
Lic/Reg-$576.00
Fees-$37.75
Monthly Payment-$657.17
Tax-$50.93

Total Monthly Payment -$708.10

I also forgot 12K miles

Michaell

Hotwheelz1guy said:

Hotwheelz1guy said:

I just got this deal from the dealer in 92130. Want to see if this is a good deal or not. Haves signed anything yet
Thanks 

MSRP-$53,540
Residual- 58% ($31,053.20)
Term-39mo
MF-.00250
Selling price -$48,441
Money Down-$2,000 (covers 1st payment/tax/fees)
Cap Reduction-$627.29
Adjusted Cap Cost-$48,888.71
Capped Fees-$1,075
Total Taxes-$2,037.13
Lic/Reg-$576.00
Fees-$37.75
Monthly Payment-$657.17
Tax-$50.93

Total Monthly Payment -$708.10

I also forgot 12K miles

I'm within a penny of that quote.

Only way to improve it is to negotiate a bigger discount from sticker.

arb1330

36/10 (or 39?) for Macan in Boston?

From those who have leased a Porsche, what have you hit in terms of dollars off MSRP? Coming from Bimmers with below invoice sale prices pre incentives so just trying to prepare myself. Thanks!

Michaell

arb1330 said:

36/10 (or 39?) for Macan in Boston?

From those who have leased a Porsche, what have you hit in terms of dollars off MSRP? Coming from Bimmers with below invoice sale prices pre incentives so just trying to prepare myself. Thanks!

What trim level?

arb1330

Base

Michaell

arb1330 said:

36/10 (or 39?) for Macan in Boston?

From those who have leased a Porsche, what have you hit in terms of dollars off MSRP? Coming from Bimmers with below invoice sale prices pre incentives so just trying to prepare myself. Thanks!

arb1330 said:

Base

.00265 and 61% / 59%

Use this link for price research:
https://www.edmunds.com/tmv.html

RJO

Can you tell me the MF and Residuals for a 2018 Macan base 36 and 39 mo. 12k miles. Zip code 68130. Thanks

Michaell

RJO said:

Can you tell me the MF and Residuals for a 2018 Macan base 36 and 39 mo. 12k miles. Zip code 68130. Thanks

.00250 and 60% / 58%

Milo1987

Hi All, can you confirm/counter the math from this dealer's quote. I sense I am being sent BS:

$59,960 MSRP
$52165 Sell Price
39/Months, 10k/Year, 59% residual
$599 doc fee
.00250 - MF - I am told
6% Sales tax on sale price, MD registered
$754/month w. $2500 down & says "I included 2 services." Shouldn't the residual be 60 or 61% with included services % bump?

Dealer has $3333 in "payoff" section of lease worksheet. I am Not trading a car though tells me "this will cover the taxes and inception from MD..." ??

"$2500" DAS = $754/month.

These numbers do not add up. I get $688/month with doc fee, acquisition + first month payment at signing @ 59% residual, no maintenance included.

Excuse the long post and thanks for your input!

kyfdx

Milo1987 said:

Hi All, can you confirm/counter the math from this dealer's quote. I sense I am being sent BS:

$59,960 MSRP
$52165 Sell Price
39/Months, 10k/Year, 59% residual
$599 doc fee
.00250 - MF - I am told
6% Sales tax on sale price, MD registered
$754/month w. $2500 down & says "I included 2 services." Shouldn't the residual be 60 or 61% with included services % bump?

Dealer has $3333 in "payoff" section of lease worksheet. I am Not trading a car though tells me "this will cover the taxes and inception from MD..." ??

"$2500" DAS = $754/month.

These numbers do not add up. I get $688/month with doc fee, acquisition + first month payment at signing @ 59% residual, no maintenance included.

Excuse the long post and thanks for your input!

"including two services" may not mean the same thing as purchasing the maintenance plan, therefore no residual bump.

.00250 MF and 59% residual
I take it you aren't buying in MD? Doc fee there is restricted to $300, I think.

$52165
+$3130 tax
+$300 MD DMV
+$995 acquisition fee
+$599 doc fee
= $57189

$2500 DAS minus $754 payment = $1746

$57189 - 1746 = $55443 adjusted CAP

That gives me $742/mo.

That's not $754, but it's a lot closer than $688/mo.
But, I estimated some of those numbers.

Ask for the actual adjusted CAP cost.

Milo1987

I am not following the math. ~$2500 = (Acquisition-995, MD DMV fees-300, 1st payment-688, Revised Dealer Doc Fee-$299) is put down at signing, this yields a payment of $688/month with 6% tax, total. Will ask what adjusted CAP cost is being used.

kyfdx

Milo1987 said:

I am not following the math. ~$2500 = (Acquisition-995, MD DMV fees-300, 1st payment-688, Revised Dealer Doc Fee-$299) is put down at signing, this yields a payment of $688/month with 6% tax, total. Will ask what adjusted CAP cost is being used.

If you want the math to work, don't try to allocate the $2500.

Add up all of the costs, then subtract what's leftover from the $2500 after deducting the first payment.

MartinK

Hi,

Can you tell me the MF and Residuals for a 2018 Macan GTS 36 and 39 mo. 10k miles. Zip 07981. Thanks !!!

kyfdx

MartinK said:

Hi,

Can you tell me the MF and Residuals for a 2018 Macan GTS 36 and 39 mo. 10k miles. Zip 07981. Thanks !!!

.00280 MF
61%/59% residual

cky1026

Hi there,

Can you tell me the MF and residuals for a 2018 Macan 36 and 39 months, 10K miles, zip code 94568? Thanks.

kyfdx

cky1026 said:

Hi there,

Can you tell me the MF and residuals for a 2018 Macan 36 and 39 months, 10K miles, zip code 94568? Thanks.

.00250 MF
61%/59% residual for 36/39 mo

falalywong

Hi there,

What is the MF and residuals for 2018 Macan Base 36 and 39 months, 10K and 12K miles, zip code 77036? Thank you!

Michaell

falalywong said:

Hi there,

What is the MF and residuals for 2018 Macan Base 36 and 39 months, 10K and 12K miles, zip code 77036? Thank you!

10K
.00250 MF
61%/59% residual for 36/39 mo

DCHYBRID

Looking at Macan Base vs Macan S - Anyone have current Residuals and MF in 60062 and 53018 area codes (chicago and Milwaukee) 36/12 & 36/15

kyfdx

DCHYBRID said:

Looking at Macan Base vs Macan S - Anyone have current Residuals and MF in 60062 and 53018 area codes (chicago and Milwaukee) 36/12 & 36/15

Base: .00250 MF. 60%/58% residual
S: .00280 MF. 60%/58% residual

AndrewEngineer

never looked at porsche leases, but the MF really surprised me, it is very high. does porsche offer any methods to reduce the MF? for example with bmw i could do security deposits that would refund and drop the MF.

kyfdx

AndrewEngineer said:

never looked at porsche leases, but the MF really surprised me, it is very high. does porsche offer any methods to reduce the MF? for example with bmw i could do security deposits that would refund and drop the MF.

Nope. The Macan is very popular.

Gmon1989

Hi, looking for incentives, MF, RV for 2018 Porsche Macan in 97229, for 36/10. Thanks!

kyfdx

Gmon1989 said:

Hi, looking for incentives, MF, RV for 2018 Porsche Macan in 97229, for 36/10. Thanks!

.00250 MF and 61% residual

Gmon1989

kyfdx said:

Gmon1989 said:

Hi, looking for incentives, MF, RV for 2018 Porsche Macan in 97229, for 36/10. Thanks!

.00250 MF and 61% residual

Hi, are there any MF reductions with refundable deposit?

kyfdx

Gmon1989 said:

kyfdx said:

Gmon1989 said:

Hi, looking for incentives, MF, RV for 2018 Porsche Macan in 97229, for 36/10. Thanks!

.00250 MF and 61% residual

Hi, are there any MF reductions with refundable deposit?

Not that we know of

fourays

39/10 and 39/12
Macan S
30327

Thank you!!!!