Hi All,
I was reading through the website and came across the 1% principle. If I am going for a Porsche Cayenne which is at a MSRP of $85k, 10k miles per year, would a $850 pm deal (with no down payment) be a steal in this market where inventory is limited. Believe the MF for Porsche is .002 (4.8% APR), so definitely on the higher side, but it also has a decent residual (of 60% vs. Lavante’s 45%, other car I considered but have move on since).
I am still new to the forum and reading so please let me know if I have missed additional parameter/s which should be looked at.
Thanks!