First time leasing and have tried to educate myself before approaching dealers but coming across some stuff I don’t quite understand. Appreciate the help! Oh also I’m located in MA but looking surrounding states too.
I understand dealers can mark up MF and acquisition, how do you find out what the unmarked up value would be? Is this something they have to tell you when asked? Is it just about reaching out to different dealerships to find which seems to come back as the lowest number consistently and assume that’s the base value without markup?
When I was considering a couple year old cpo to buy/finance which was unable to be leased vs a cpo loaner that I can lease, I was considering a one pay. I’m hearing that the one pay would lower the money factor but why exactly would that matter if you’re paying off the entirely all up front? It could be double right and it wouldn’t matter in that case? Does MF influence other things like residual or perhaps something else that I’m unaware of?
How do you find out about additional rebates? I’m looking at EV’s currently and the $7500 pass through seems to be common but would the other rebates/incentives/cash differ dealer to dealer, state to state (for someone buying out of state)? I was consider a taycan and it seems like $7500 plus $5000 from Porsche is the standard but I’m seeing people on here that have gotten much more in “rebates” recently before talking about the dealership discount, on which there would be much more variation. There are some places where it seems like they won’t even disclose to $5k from porsche before I bring it up so I’m wondering if there are other ones that are/can be withheld and how to go about getting/asking about them aside from seeing them on another dealership’s deal?
Again, thanks in advance! Also if anyone has advice on porsche taycan leases specifically, I’m all ears!
You can sign up as a Super Supporter here to access Ratefindr (which will provide you that info), or you can ask for free on the relevant Edmunds forum.
Why wouldn’t it matter? You’re also pay a rent charge with a one-pay; you simply pay it all at once. If you reduce the MF, the rent charge will also be reduced.
Thanks for the info! Does the money factor not work like interest on the amount unpaid like financing would? As in if there is no unpaid amount, there is no interest, so to speak?
His one-off flash sales are great and even his regular deals are usually superior to anything a typical consumer can achieve in a place like MA with low competition.
If you do a one-pay you’ve prepaid all of the rent charges (finance charges or interest) that are due for the term of the lease, however your state calculates those. You tagged six states, and I’m not familiar with lease taxation in any of them specifically.
If you want to do an immediate buyout, the money factor isn’t consequential because your payoff won’t include unearned rent charges.
For the month of August, Porsche is giving up tp to $5000 matching the dealer discount when you lease, $7500 pass through cap reduubction on new, MY 2025 Taycans.
The MF for this month is .0035, a horrible rate of 8.4% APR
One pay gives you a discount of .00045 lower or 1% so its really not worth it.
You can only focus on the highest dealer discounts. These will be on sitting inventory that a dealer is very motivated to move.
Ive seen many taycans that have been sitting for over a year.
You cant be as picky with colors and options. Most are Black,White, gray. You need to know what options are a must and ones you can live without.
Porsche is very A La Carte!
MY25 the 4s to the Turbo are the same hardware, its smarter to get the 4s, uppgrade it to 900hp.
PM me if you need detailed answers to any of your questions
