Im looking for a 2020 macan, Kindly help me with Money factor & Residual for 39 months lease with 10K miles per year . Im looking at a MSRP of 62000 - 64000
Im looking for a 2020 macan, Kindly help me with Money factor & Residual for 39 months lease with 10K miles per year . Im looking at a MSRP of 62000 - 64000
Here is what a dealer told me: "It is 49% with a maximum residual markup (MRM) of $63,700 on a 2019. 56% with a maximum residual markup (MRM) of $65,000 on a 2020." (This was actually in Arizona, not California, because they had the inventory I wanted.)
Maximum Residual Markup is a new one on me. Is this common practice? Is it acceptable? Who is dictating it -- Porsche Financial or the dealer?
Here is what a dealer told me: "It is 49% with a maximum residual markup (MRM) of $63,700 on a 2019. 56% with a maximum residual markup (MRM) of $65,000 on a 2020." (This was actually in Arizona, not California, because they had the inventory I wanted.)
Maximum Residual Markup is a new one on me. Is this common practice? Is it acceptable? Who is dictating it -- Porsche Financial or the dealer?
Thanks.
MRM is from the bank, and represents the maximum MSRP that will be subject to the residual value.
For example, let's say you find the perfect 2019, but the MSRP is $65,000. The $1300 difference between the MRM and the MSRP is paid for, by you, in the lease payment - not 49% of the $1300.
Here is what a dealer told me: "It is 49% with a maximum residual markup (MRM) of $63,700 on a 2019. 56% with a maximum residual markup (MRM) of $65,000 on a 2020." (This was actually in Arizona, not California, because they had the inventory I wanted.)
Maximum Residual Markup is a new one on me. Is this common practice? Is it acceptable? Who is dictating it -- Porsche Financial or the dealer?
Thanks.
I don't think the last M in MRM is "markup". I think it is MSRP.
Using the 2019 model example:
$63700 is MRM. Every vehicle with an MSRP of $63,700 or greater will have the same residual (49% of $63700, or $31213.
Assume you pick a vehicle with an MSRP of $66,000. Without the MRM, the residual would be $32,340. Result is an $1127 difference in residual. $31/mo. more, that it would be without MRM.
The upshot is: Try to find units that have MSRPs at MRM or below. You pay dearly for units that exceed MRM.
Hello! Can you give me residual/money factor for 2019/2020 Porsche Macan in Portland, Oregon - Zip: 97209. 12k miles/36months. Any lease incentives? Thanks!
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No lease incentives
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.00290 MF and 61% residual
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/7.5 awd please
94040
36/10
.00250 MF and 61% residual
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks.
61%/57% residual for 36/42 months
Either model
We don't have the 48 month numbers
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Thanks.
58%/54% residual for 36/42 months
Either trim
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49% / 45% for S
Same MF
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Maximum Residual Markup is a new one on me. Is this common practice? Is it acceptable? Who is dictating it -- Porsche Financial or the dealer?
Thanks.
For example, let's say you find the perfect 2019, but the MSRP is $65,000. The $1300 difference between the MRM and the MSRP is paid for, by you, in the lease payment - not 49% of the $1300.
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Using the 2019 model example:
$63700 is MRM. Every vehicle with an MSRP of $63,700 or greater will have the same residual (49% of $63700, or $31213.
Assume you pick a vehicle with an MSRP of $66,000. Without the MRM, the residual would be $32,340. Result is an $1127 difference in residual. $31/mo. more, that it would be without MRM.
The upshot is: Try to find units that have MSRPs at MRM or below. You pay dearly for units that exceed MRM.
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1. 36 or 39 mo/5,000 miles (financing with Porsche Financial Services) and
2. 36 or 39 mo/7,500 miles (financing with US Bank)
Whichever program is available (36 or 39 mo) for each bank. Thank you.
63%/61% residual
We don't have the US Bank programs
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Would love to know the February MF/Resid, for a new 2020 Macan Turbo.
36 months/10k miles. yr.
Detroit MI area, if that matters...
Thank you kindly in advance!!!!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2019 Macan 36 month 10k miles
2020 Macan 36 month 10k miles
Zip 20011 also are there any incentives on 2019 or 2020
Thanks
Post 2019 questions, here:
https://forums.edmunds.com/discussion/52921/porsche/x/2019-porsche-lease-deals-and-prices-all-models#latest
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00250 MF and 61% residual
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00250 MF and 58% residual
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Looking for Porsche Financial April MF/Residuals for a 36mo./10k mile yr/ lease for both the GTS and Turbo Macan.
Thank you in advance...
61%/58% residual for GTS/Turbo
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Thank you!
Good catch
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Zip Code 11105. If I am being offered a Demo car with 5k miles on it, does that affect Residual? Thank you!
60% / 56% for 36/42 and 10K
Either trim
Residual will be adjusted down for the existing miles, but we don't know how Porsche manages that.
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