Deal Check: Porsche. Good/Bad Lease?

Looking to lease a CPO 2020/2021 Taycan 4S (or variations).

Couple offers I’ve received recently:
-2020 Taycan 4s, ~$62K, 39 mo, 10k mi, $5k DAS, $800/mo + tax
-2020 Turbo, ~$66K, 39 mo, 12k mi, $4k DAS, $882/mo + tax
**Note: neither of these match what my “ideal” car would be

Thoughts? Think l should wait it out in case more “deals” come available in the coming months? I’ve heard/seen there have been deals on Taycans EOY 2024 and i’m kicking myself for not realizing this sooner …

Any help would be greatly appreciated and if you don’t feel comfortable replying publicly feel free to shoot me a DM! :slight_smile:

looking at deals on something like this as well so this would be nice to see someone with some answers thanks for asking the question!

Sorry to ask a question of the topic.
Are you planning to lease/drive that kind of car without a factory/any warranty?
BTW. Do you know RV for these beasts?
If you must have this car, maybe a better option is to finance it and sell it whenever a better lease deal pop up. Spending $40k on a lease for a $66k unit is not a great idea IMO.

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How specific is the build on your ideal car?

Not sure there will be a market for these cars in 3 years. The value at that point is realistically prob 0-10k.

Kinda strange to me people want these at all for basically any price. You could buy a new 911 and it would have less TCO than these clapped out 5 yr old go kart has beens

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a 5 year old ev for almost a grand a month is crazy

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What are you smoking?

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Why would someone buy a nearly 10 yr old discardable widget which is massively inferior to current options ?

No I don’t think there will be any real interest for an 8-9 yr old Taycan in 2028.

Assuming same depreciation dynamics hold true for EV vs ICE is ludicrous. The turbo is already selling for near 1/3 of its initial msrp, yes it can go to zero

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There’s virtually no chance a 9 year old Porsche, EV or not, will go to $10k. The badge alone will be worth $20k minimum to many people.

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2020 is the oldest you can lease right now. I fully expect PFS to pull 2020 support once 2026 models start rolling out and lower residuals on the rest of the model years. Unless the EV market tanks again and PFS doesn’t catch up, the numbers you see now will likely be the best until support is pulled.

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Seat for every butt, doesnt mean it should be yours. I have no idea why someone would desire an 8-9 yr old EV with pretty poor range and performance relative to whatever new go kart they come out with in 3 yr that will likely still be heavily subsidized as they can’t give em away fast enough.

The main point is that you should have some more calculus than our resident “ finance is better than lease” guy gives credit for. Yes that is often true for many cars right now but not always

Agree with you but don’t underestimate the power of the flex, even on a nearly 10 year old Porsche. Some people don’t care about anything other than being able to say they are driving a Porsche. That’s why there will always be a sufficient demand for them.

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Blast from the past, 10 years ago this was what the Taycan teaser concept looked like at Frankfurt auto show.

Used 2015 Tesla Model S still sell for like $10k today. Yuck.

PS, those CPO leases discussed at the start of the thread don’t seem very good. But this is California and not the East Coast. Much harder to hack a CPO here vs the spoon-fed Unicorns coming from IAC_Scott. Dealers don’t seem as open selling a car at the CPO resid. Maybe @li8625 can just swap his Taycan to @speedracer10 ?

Why wouldn’t there be a market for electric sports cars in 3 years? That makes zero sense.

Is there really a market for electric sports cars today? :thinking:

The LH market is basically cheapskates looking for $600 monthlies on a Taycan Turbo S.

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And you don’t think there will be new or superior models to an 8 or 9 yr old Taycan at that time?

There will be a market, it just won’t be for these go karts. And yes anyone serious about a sports car is not getting an EV. EVs are go karts for stoplight drags in traffic

Umm yes? Car manufacturers don’t build entirely new facilities and tooling to create a product for a market that doesn’t exist.

10s of millions are spent on this process.

Folks need to grasp that just because they, or their small circles, don’t like EVs or think EV sports cars aren’t appealing, doesn’t mean there isn’t a market for them.

Electric is where everything is headed, whether you want it to or not.

Similarly, there will always be a niche market for ICE, and that’s fine too.

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Continued EV development would hurt these Taycan values not help them. When you have superior options , no one wants the old and crappy thing

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hi @max_g i’m looking for a 4S with PBP, otherwise am pretty flexible on color + options