I went to test drive a Macan T AWD and was ready to lease the vehicle
so this is the deal I wanted before walking in and thought It was feasible
They agreed to the 8% discount but added some adds on that total $1799 , $999 wrapped to protect the vehicle and $799 for some tracker to help locate the vehicle since its needed according to them and non-negotiable.
which brought the discount to 5.63%, the part that confuses me is this: So the manager claims that the Money Factor that he can used for Tier 1 credit is 0.00426.
When I told him that didn’t make sense, he pull out a sheet where he showed me that Tier 1 credit for Porsche lease range from 0.0032 to 0.00426.
I asked to have base money factor which is what’s included in the calculator above the 0.0026, he claims its only available on a one pay lease and that’s the only way he can lower the money factor.
So is the calculator money factor based on a one pay lease or was he lying ? This is the deal they were offering
.0034 is the base for T1 for under 43 months. The most they can mark it up is to .0042. .00426 would be at a T3 rate with some markup. It also sounds like it is a very old program since .0032 has not been the base for many months.
He is correct here. .0026 is the base for a one-pay.