I’m looking for feedback on a proposed lease deal for a 2024 Porsche Macan Electric Turbo (apparently an early-production 2025 model that’s labeled as a 2024). Here are the key details:
MSRP: $130,000
Discounts & Incentives: 10% dealer discount plus a $7,500 EV rebate (even though the LH calculator doesn’t show it for 2024, the dealer insists it applies).
Residual & MF: 53% residual (for 12k miles; the sheet shows 15k, but that was before correcting the terms), MF of .00350.
The dealer claims they aren’t marking it up, but the LH calculator suggests base MF is closer to .00270.
Maintenance Plan: $1,400 is being added for a maintenance plan—wondering if this is typical or worth negotiating?
Overall, the monthly payment seems high. I realize Porsche leases aren’t typically as competitive as other brands, but I’d love any input on:
1. Confirming whether the MF is truly marked up.
2. Whether 10% off + $7,500 is decent for a brand-new Macan EV (2024).
3. Thoughts on the $1,400 maintenance add-on.
I didnt know what to expect - have owned several Porsche’s but never leases. Exploring deals on BMW IX M60’s where the MF is much lower - APR under 2%. The LH calculator provides a rate around ~6.5% APR - I guess thats where I thought I would be.
You can always decline, but did you ask what exactly it covers?
Covers 2 years of maintenance - I need to research what thed maintenance entails in these cars, although seems high!
The dealer fees are high: Doc Fee $899 + Acquisition Fee $1,095.
I agree - its a high MSRP Turbo, but a 2024 so I immagined the dealer discount would be higher. I was not expecting to be in the $1k range as with the BMW IX M60, but also not over $1,800.
I now see that the 39mo lease he quoted is at a MF of .0035 while the 36mo on the LH calculator is at .0027. Not sure why he didnt quote it at 36mo, I will ask.
You are paying over $24K in rent charge over 39 months. Does another $1400 in maintenance plan really matter? You are actually paying over 8% interest on that cost as well. This only makes sense if you can write off the cost of the lease as a business expense.
The interest is crazy high compared to the BMW IX M60. I am currently financing used cars with a much lower rate. It is indeed a business expense for me, but it feels wrong to pay 8%+ when the rate on a BMW is less than 2%.
One is paying-up for leasing a Porsche and I am not ready to buy an EV at this point - the tech is changing very quickly.
.00270 is the MF for a single pay lease. .00350 is for monthly.
Aside from the dealer fees, it’s a decent deal if that’s the car you really want. You can get some amazing cars in that price range. $130K for a Macan doesn’t sit right with me personally. Other than software, there’s very little difference between the base Macan electric and the turbo. That’s the scam with high powered EVs, which is why they depreciate like nothing else.
I get it that Florida dealers are notorious for high dealer fees, but that’s one of the highest I have seeing.
