Anybody have an idea what the PFS money factor rate is for a CPO lease?
Dealer is quoting that it is .0042 but that seems high.
Thanks in advance
Anybody have an idea what the PFS money factor rate is for a CPO lease?
Dealer is quoting that it is .0042 but that seems high.
Thanks in advance
Lol the CA Porsche dealers must hate hate hate the CPO leases so much…
I think they’re doing the 0.0007 markup default now just to make up for all the inquiries they get about residuals and the money factor.
Maybe LH can just pay @wam22 to publish the PFS CPO matrix at the start of each month. Then in this dream scenario @li8625 gets his GT3 RS @ MSRP.
What were you expecting? MF on new Porsches has usually translated to a rate of 8+%. So it makes sense for it to be 10%+ for a CPO.
Casually asking a dealer to give out privileged information… lmao
I have a better chance at getting a 911 GT3RS at msrp
I leased a CPO last year at .0035.
Back then multiple dealers quoted me .0042 and promised me that was the standard rate. Until one dealer told me that the standard PFS rate was .0035. Ended up buying from that dealer.
This year I have only spoken to one dealer. And he promised that .0042 was the standard rate. Was coming here to find out if that’s true.
I think he would choose more entertaining ways for termination than by feeding the vultures around here
that’d be a huge no-no
Is this the same dealer who gave you .0035 last year when all other dealers gave you 0.0042 ?
If no, then check with that dealer and chances are its .0035 still
If yes, then check with others and see if they are giving you 0.0049 this year.
Equation solved.
That’s why I said in that scenario he’d give @li8625 his gt3 RS at MSRP since he’s already being a short timer.
It doesn’t matter.
Take the best deal if it’s worth it, or wait.
It really doesn’t matter if buyrate is .00350 or .00390 if it fails that test.
Agreed. The last time I read through the CPO Porsche program guide (Q2 2024) the only strategy seemed to be “fewest miles possible” — there are many more adjustments than any new car lease. Without the program guide you almost couldn’t compare 2 different cars that otherwise seem comparable.
Searching Porsche finder can also help sus out the boundaries. E.g. you may not know that 5000 miles is a big break point but 3 dealers in 150 miles have a great example that’s discounted and all have 5300-6200 miles on them — why? the CPO lease is fucking atrocious.
But I am not currently trying to transfer my
CPO Porsche lease so WDIK? ![]()
Why is everyone being a jerk and gatekeeping info on Porsche CPO leases?
To know if there is a MF markup is a legit question…
Does it really matter if there is a markup? If you think there is a markup, then offer them a lower price to make up the difference.
Honestly, most Porsche leases are terrible. CPO is no exception. People are attracted to the lower monthly payment, but does it really make sense to spend even the lower amount on a used Porsche when there are so many new alternatives?
Porsches are not for the cost conscious and Porsche makes it so.
Sorry, but this a horrible approach. Structuring your deal properly comes to understanding what’s going on, that only comes from understanding deal specifics. Yes, if there is a MF markup, it can be adjusted by increasing dealer discounts, but you need to know what is going on, and knowing what the base MF is.
Otherwise what’s the point of this forum and knowing MF, RV, dealer discounts, and dealer fees. We should be negotiating monthly payments and call it a day.
because i am a low life loser who lives in the basement of my parents house but i haz a rAcECaR
My 12mo lease had MF of 11% (.0048).
Edmunds has standard MF listed at .0037
You can’t really structure a porsche deal yourself on a CPO as no true programs are listed up and the miles have an impact on the residual
This is straight up a shopping game
I have cars with less miles than pencil better because selling price and MSRP are worlds apart but they have a rate markup of 40 basis points
I was offered 2 CPO leases today. 12 months is 0.00483, 24 months is 0.0045
I turned it down because residuals are ridicules low, make my monthly payment more than twice as much for the same Taycan that I leased 11 months ago.
Having all the captive automaker financing arms publish lease data has made us incapable of shopping without the resids and buy rate being easily accessible.
Requires so much dealer spam to try and find a CPO with good economics. The dealers hate it haha.
I’m aware of how complicated Porsche leases are, and know every vehicle will have different variables to calculate lease. But knowing fundamental data points to calculate leases is kinda basic.
I have no issue with rate markups, but that’s not what the OP was arguing
Again, it doesn’t matter. OP can make an offer of X selling price to achieve his target payment Z knowing this particular dealer will die on the .0042 hill.
Whether .0042 is marked up or not has no bearing whatsoever on that strategy.