Helped my uncle out with this one. I think it’s a decent deal for a Porsche, but not a unicorn by any stretch. I figure it might be a useful point of reference for anyone interested.
Not a bad discount on a new Porsche. The $7500 federal rebate helps make it a “decent” deal on a $100k car. Your uncle’s total lease cost appears to be $66,306.
I believe the residual bump on 36 months brings the payment to about $1595. The 6 month pull ahead helps in this situation, assuming another Porsche is on the future horizon.
@AutoCompanion showed me the discounts once maybe on a DM, definitely can be had under MSRP, some discounts were decent percentage wise but of course Porsche charges for everything.
Trouble was finding the right leftover 2020. The ones I came across were either spec’d on the very low end or on the very high end, not much in between. A few demo options out there too but was told by some that those were ineligible for the $7500 credit. Unsure about that. No tax in NJ does sting a bit though.
The federal tax credit applies to purchases, not a lease. That’s why Ford is offering a balloon-payment loan on their Mach E so the customer can access it. A few credit unions (PenFed for example) have a similar loan that works like a lease.
Looks like you possibly missed out on one incentive that I don’t see here, it’s not much, but NYS Drive Clean Rebate can be used on 36/mo+ leases. Looks like it would have been $500.
Naturally this is only available at participating NYS dealers, at which I was not able to go a penny above 6% off. I wouldn’t even get a call back after telling them I had about 8% elsewhere. Ultimately the 2 extra points outweighed the $500 rebate.
Slightly related and I know this is just speculation, but do we think the new Audi e-tron GT is going to be more lease friendly compared to Taycan, just because Audi vs Porsche?