True but this is so bad that if you signed this, you’ll be in the HOF of Bad Lease Deals, you’ll pay 71k over 2 years to lease a used panamera. 3k gets you a 911GTS new lease. or even a new one would be cheaper to buy and resale after 2 years lol
Thanks for all the input and the validation to my gut feeling that this was a terrible lease. My takeaway from the comments is that the killer factor here is the sell price - the 126K. The residual seems legit (based off the reduced MSRP due to CPO/mileage) and the MF is bumped but negotiable.
I really like the ST hybrid - and, yes, it is pretty rare - but it seems like the dealer is putting on a huge premium. They have dropped from the original 139 ask down to this 126 but aren’t budging. When I compare it to similar Panamera’s of similar MSRP, in other trims, the ask price should be closer to 110-112 (obviously I can’t determine sell price, only ask).
As always, appreciate the unvarnished input of this community.
With what intention.? Besides the fact that they are lower trim levels (not S’s), the black cannot be leased and the white would lease considerably worse than the one OP mentioned.
Thanks, I’ve seen them all - and used several of them to argue that a fair price is about 62ish% of original MSRP.
And, to be fair, I’m picky on colors and options and that is going to cost me ultimately - although the papaya would be a radical choice for a great price!!!
Finally, that Canadian car is a decent price but I understand that Canadian CPO’s can’t be leased.
CPO leasing will be difficult for the next 3-4 months, if it ever recovers, as PFS has been pulling back for the past year. There is now a cap on the RV, so any big sticker cars will not lease like before. Also, PFS updated residuals to account for the new year, which is going to be further behind what dealers have their cars priced at. I had CPO leases on my spreadsheet that went up hundreds of dollars per month.
