Thank you! I have a question about lease payoffs that no one seems able to answer for me:
If my MSRP & selling price is $120k, and I put $30k down on a lease, will my first payoff show ~$90k?
I'm talking $30k in pure cap reduction...Reg/Acq Fee/Taxes on Cap Reduction/1st Payment/Doc Fees will all be paid upfront in addition to the $30k cap reduction.
I know high cap reduction is discouraged on leasing, but I'm looking to have lower payments and limit tax exposure since I don't plan to have the Taycan for a very long time. If I were to finance, I'd owe 10% upfront in taxes & reg.
Thank you! I have a question about lease payoffs that no one seems able to answer for me:
If my MSRP & selling price is $120k, and I put $30k down on a lease, will my first payoff show ~$90k?
I'm talking $30k in pure cap reduction...Reg/Acq Fee/Taxes on Cap Reduction/1st Payment/Doc Fees will all be paid upfront in addition to the $30k cap reduction.
I know high cap reduction is discouraged on leasing, but I'm looking to limit tax exposure since I don't plan to have the Taycan for a very long time. If I were to finance, I'd owe 10% upfront in taxes & reg.
The payoff on a lease doesn't work the same way as it does on a traditional loan.
It depends on the bank - some of them, the payoff is the residual value + the sum of the remaining lease payments. Others have more complicated methods of calculating the payoff amount.
The problem is, you won't know which method Porsche Financial Services uses until you have an account with them. Can't call them up before signing the paperwork and ask.
Why do you think the $30K up front would limit your tax exposure?
Thank you! I have a question about lease payoffs that no one seems able to answer for me:
If my MSRP & selling price is $120k, and I put $30k down on a lease, will my first payoff show ~$90k?
I'm talking $30k in pure cap reduction...Reg/Acq Fee/Taxes on Cap Reduction/1st Payment/Doc Fees will all be paid upfront in addition to the $30k cap reduction.
I know high cap reduction is discouraged on leasing, but I'm looking to limit tax exposure since I don't plan to have the Taycan for a very long time. If I were to finance, I'd owe 10% upfront in taxes & reg.
The payoff on a lease doesn't work the same way as it does on a traditional loan.
It depends on the bank - some of them, the payoff is the residual value + the sum of the remaining lease payments. Others have more complicated methods of calculating the payoff amount.
The problem is, you won't know which method Porsche Financial Services uses until you have an account with them. Can't call them up before signing the paperwork and ask.
Why do you think the $30K up front would limit your tax exposure?
The $30k wouldn't lower tax exposure...it'd just make the lease payment more palatable.
Basically, if I'm getting the car at MSRP, and I lease ($0 cap reduction, just drive-off fees), I'd expect my payoff to be at/below MSRP. If I finance, I'm already @ 10% above MSRP because of upfront taxes. If I keep the car for 6 months and sell it at sticker...I might break-even overall in a lease (depending on how payoff is calculated), whereas I'd lose the 10% I paid in taxes when financing.
Thank you! I have a question about lease payoffs that no one seems able to answer for me:
If my MSRP & selling price is $120k, and I put $30k down on a lease, will my first payoff show ~$90k?
I'm talking $30k in pure cap reduction...Reg/Acq Fee/Taxes on Cap Reduction/1st Payment/Doc Fees will all be paid upfront in addition to the $30k cap reduction.
I know high cap reduction is discouraged on leasing, but I'm looking to limit tax exposure since I don't plan to have the Taycan for a very long time. If I were to finance, I'd owe 10% upfront in taxes & reg.
The payoff on a lease doesn't work the same way as it does on a traditional loan.
It depends on the bank - some of them, the payoff is the residual value + the sum of the remaining lease payments. Others have more complicated methods of calculating the payoff amount.
The problem is, you won't know which method Porsche Financial Services uses until you have an account with them. Can't call them up before signing the paperwork and ask.
Why do you think the $30K up front would limit your tax exposure?
The $30k wouldn't lower tax exposure...it'd just make the lease payment more palatable.
Basically, if I'm getting the car at MSRP, and I lease ($0 cap reduction, just drive-off fees), I'd expect my payoff to be at/below MSRP. If I finance, I'm already @ 10% above MSRP because of upfront taxes. If I keep the car for 6 months and sell it at sticker...I might break-even overall in a lease (depending on how payoff is calculated), whereas I'd lose the 10% I paid in taxes when financing.
Assuming the bottom doesn't fall out of the used car market, you're correct.
Looking at it from the other side, if the car is stolen or totaled in those 6 months, you're out the $30K.
It's all about the amount of risk you're willing to take.
Thank you guys for all that you do! It goes without saying that everyone on here appreciates your time.
This is the last time I'll ask for this since the car has finally arrived, and it's time to pull credit..I just want to make sure the dealer isn't playing any games:
2022 911 GT3 Touring
39/5k; 42/5k; 48/5k; 60/5k (ZIP 90211 - For 7.5k miles, would I subtract 1 or 2% from RV?)
Thank you guys for all that you do! It goes without saying that everyone on here appreciates your time.
This is the last time I'll ask for this since the car has finally arrived, and it's time to pull credit..I just want to make sure the dealer isn't playing any games:
2022 911 GT3 Touring
39/5k; 42/5k; 48/5k; 60/5k (ZIP 90211 - For 7.5k miles, would I subtract 1 or 2% from RV?)
MF, RV, and MRM - Please!
We aren't sure what the MF is for Q4, but assume .00290 for up to 42 months. No info yet on longer terms.
Thank you guys for all that you do! It goes without saying that everyone on here appreciates your time.
This is the last time I'll ask for this since the car has finally arrived, and it's time to pull credit..I just want to make sure the dealer isn't playing any games:
2022 911 GT3 Touring
39/5k; 42/5k; 48/5k; 60/5k (ZIP 90211 - For 7.5k miles, would I subtract 1 or 2% from RV?)
MF, RV, and MRM - Please!
We aren't sure what the MF is for Q4, but assume .00290 for up to 42 months. No info yet on longer terms.
.00290 MF 60% 36/5 56% 42/5
$215,700 MRM
That's okay, because we are still in the 3rd quarter...
Thank you guys for all that you do! It goes without saying that everyone on here appreciates your time.
This is the last time I'll ask for this since the car has finally arrived, and it's time to pull credit..I just want to make sure the dealer isn't playing any games:
2022 911 GT3 Touring
39/5k; 42/5k; 48/5k; 60/5k (ZIP 90211 - For 7.5k miles, would I subtract 1 or 2% from RV?)
MF, RV, and MRM - Please!
We aren't sure what the MF is for Q4, but assume .00290 for up to 42 months. No info yet on longer terms.
.00290 MF 60% 36/5 56% 42/5
$215,700 MRM
Does PFS throw darts on a board to determine RVs? 60% for 36/5k seems high...but I'm not complaining!
Thank you guys for all that you do! It goes without saying that everyone on here appreciates your time.
This is the last time I'll ask for this since the car has finally arrived, and it's time to pull credit..I just want to make sure the dealer isn't playing any games:
2022 911 GT3 Touring
39/5k; 42/5k; 48/5k; 60/5k (ZIP 90211 - For 7.5k miles, would I subtract 1 or 2% from RV?)
MF, RV, and MRM - Please!
We aren't sure what the MF is for Q4, but assume .00290 for up to 42 months. No info yet on longer terms.
.00290 MF 60% 36/5 56% 42/5
$215,700 MRM
Does PFS throw darts on a board to determine RVs? 60% for 36/5k seems high...but I'm not complaining!
Given that you're allowed only ~400 miles a month, it seems reasonable.
Hello-
May I have MF and residual, MRM on 2022 Cayenne S Coupe, it is an executive demo with 4000 miles if it matters.
10k and zip code is 20878
Thanks!
Good Morning!
May I have MF and residual, MRM on
2023 Porsche Cayenne Platinum edition SUV?- ZIP 30024 (MSRP $100,100)
MF, RV, and MRM
24mo/15k
36mo/15k
Hello. new to this site can someone please help us decide.
2021 Demo Vehicle with 8k on it. Purchase price to take cash is $58,000 out the door. Lease is $750 per month $7500 down 39 months 10k per year same car. Isn't the lease too high? How can we know? The buy out (residual) at the end of 39 months is $34500.
Can someone tell me if it's a good deal to lease instead of full out purchase?
Hello. new to this site can someone please help us decide.
2021 Demo Vehicle with 8k on it. Purchase price to take cash is $58,000 out the door. Lease is $750 per month $7500 down 39 months 10k per year same car. Isn't the lease too high? How can we know? The buy out (residual) at the end of 39 months is $34500.
Can someone tell me if it's a good deal to lease instead of full out purchase?
Comments
2021 cross turismo
MF & RV please for 77027
7,500/24
7,500/36
7,500/39
7,500/42
63%
54%
54%
50% RV
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/10k - MF, RV, and MRM Please
MRM = $123,000
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If my MSRP & selling price is $120k, and I put $30k down on a lease, will my first payoff show ~$90k?
I'm talking $30k in pure cap reduction...Reg/Acq Fee/Taxes on Cap Reduction/1st Payment/Doc Fees will all be paid upfront in addition to the $30k cap reduction.
I know high cap reduction is discouraged on leasing, but I'm looking to have lower payments and limit tax exposure since I don't plan to have the Taycan for a very long time. If I were to finance, I'd owe 10% upfront in taxes & reg.
It depends on the bank - some of them, the payoff is the residual value + the sum of the remaining lease payments. Others have more complicated methods of calculating the payoff amount.
The problem is, you won't know which method Porsche Financial Services uses until you have an account with them. Can't call them up before signing the paperwork and ask.
Why do you think the $30K up front would limit your tax exposure?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Basically, if I'm getting the car at MSRP, and I lease ($0 cap reduction, just drive-off fees), I'd expect my payoff to be at/below MSRP. If I finance, I'm already @ 10% above MSRP because of upfront taxes. If I keep the car for 6 months and sell it at sticker...I might break-even overall in a lease (depending on how payoff is calculated), whereas I'd lose the 10% I paid in taxes when financing.
Looking at it from the other side, if the car is stolen or totaled in those 6 months, you're out the $30K.
It's all about the amount of risk you're willing to take.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/10
Zip 12572
THANKS!
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MF, RV, and MRM
39/5k
48/5k
60/5k
.00310 MF and 41% residual
.00325 MF and 34% residual
MRM = $261,000
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This is the last time I'll ask for this since the car has finally arrived, and it's time to pull credit..I just want to make sure the dealer isn't playing any games:
2022 911 GT3 Touring
39/5k; 42/5k; 48/5k; 60/5k (ZIP 90211 - For 7.5k miles, would I subtract 1 or 2% from RV?)
MF, RV, and MRM - Please!
.00290 MF
60% 36/5
56% 42/5
$215,700 MRM
Edmunds Price Checker
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MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello. May I get the MF and residual for a 2022 Cayenne 36/12 & 39/12 please. 91605 zip
Thank you!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I’m looking at a 2021 Macan that has <9,000 miles and have excellent credit. On a lease, the price is $58k and the MF 0.0038, which seems crazy high
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Would you be able to provide MF and Residuals for 2022 718 Cayman (Base) for zip 92823?
36/7.5k
36/10K
Thanks so much!
.00290 MF and 65% residual
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00290 MF and 56% RV
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can you please provide MF and RV for 2022 Panamera base for 36/10, 39/10, 42/10 and 48/10? Thank you!
61%, 61%, 57% residual for 36/39/42 months.
No info on 48
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The dealer is telling me that Porsche is giving the following:
0.00380
And the residual is 58%
Oh, and the car will be sold over MSRP...
Any thoughts or advice?
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Can you elaborate on that? Besides the higher monthly payment, why would it be a bad lease if I only want the car for a few years?
Aren't they supposed to stick to the MF you mentioned? They keep telling me they aren't adding any margin to the MF....
Or, you don't have top tier credit.
But, at the end of the day, it's your money, not ours.
You could almost buy the car for the lease payment you'll likely be quoted.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello-
May I have MF and residual, MRM on 2022 Cayenne S Coupe, it is an executive demo with 4000 miles if it matters.
10k and zip code is 20878
Thanks!
.00320 and 59%
$117,900 MRM
Likely an adjustment to the RV for mileage, but we don't know how Porsche manages that
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Good Morning!
May I have MF and residual, MRM on
2023 Porsche Cayenne Platinum edition SUV?- ZIP 30024 (MSRP $100,100)
MF, RV, and MRM
24mo/15k
36mo/15k
Thank you!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Looking for MF and RV for Porsche Cayenne Platinum 2022. Ideally would like 12k miles per year for 3 years
Zip code 95825. Thanks.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MF, RV, MRM please for 78660
7,500/36
7,500/48
.00340 MF and 36% RV
MRM $138,800
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/10k and 36/12k
MF, RV, and MRM please.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
new to this site can someone please help us decide.
2021 Demo Vehicle with 8k on it.
Purchase price to take cash is $58,000 out the door.
Lease is $750 per month $7500 down 39 months 10k per year same car.
Isn't the lease too high? How can we know?
The buy out (residual) at the end of 39 months is $34500.
Can someone tell me if it's a good deal to lease instead of full out purchase?
thank you in advance
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2022 targa 4 gts
zip 93405
MF, RV, and MRM please
36/10k
48/10k
thanks so much!
.00340 and 49%
MRM $193,400
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
39 months/7,500 miles
2023 Porsche discussion
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MRM, MF and RV for 2022 Cayenne base and S in 20871 (Maryland) please.
Lease term and miles (39 months/7,500 miles)
Thanks.