Any recommendations or comments? This is my first lease and first Porsche. I don’t want to be unreasonable, and based the neg. price upon other third-party car value websites. The money value of .0043 seems excessive to me.
Thanks for taking the time to read and provide feedback.
This is bad. If you can compromised and just go with a Taycan sedan then you’ll save nearly half on the monthly but if its wagon you must have then maybe explore financing or reowned taycan CT.
Just for comparison, you are pretty far off from what you have in mind and what the market is.
You may want to do a lot more research as to what’s a realistic offer.
Good luck
Edit: my very rough back of napkin calc based on 36/12 comes to about $1800/mth with $6k DAS. That’s IF (a big IF) you even get 9% off and buy rate. That 51% residual is just brutal. This is very much pay-to-play car.
OP’s own residual calc is incorrect ($85k seems arbitrary). Residual is based on MSRP.
Yeah, spend a lot of time learning the negotiables on a lease and how to populate the calc. Or hire a broker. You can’t just arbitrarily assign numbers to parameters that are set or bounded.
So why does your offer sheet show .002 as the money factor if .0035 is the base? That difference right there is a few hundred dollars per month. You should also look at 39 months since the residual is the same, so a lower payment. It also seemed like you pulled the residual out of thin air. You should use the LH calculator instead of what you have going on now.
Just looking at OP’s “offer”, I’d guess he didn’t realize base MF and RV are non-negotiable. There are only so many levers to be pulled, and as @max_g said, this is probably where a CPO makes sense. Too far apart (expectation of ~$1200 vs $2k+).
Okay, but @wam22 offers for the CT on his page seem to be pretty outstanding considering where this deal is. OP should seriously consider shopping the deal and not the “car” so much. Otherwise, be willing to pay to play.
Thanks to those who provided feedback. The dealer has reached back out and provided the following proposal. They lowered the money factor to .0037 from .0043 and slightly increased the residual value. They didn’t increase the residual value as much as I requested, but they increased it by ~$4K to ~$79K. I realize this car is simply going to be costly, partly due to the depreciation hit. If I accept that, does this deal seem reasonable?