Can someone take a look at this “one-pay” quote for a 21 Taycan Turbo and tell me if it’s being structured as a true PFS single-pay lease?
Dealer says the PFS one-pay MF is .00250, and sent me this deal sheet. Does a Porsche single-pay lease still have the acquisition fee and should the one-pay MF be applied across the total rent charge? When I run the math using .00250, I get a one-pay of roughly $8,500 pre-tax, not $12,391.
Did they just calculate a normal monthly payment at .00250, multiply it by 12, add fees, and call it a “one pay?
My best attempt at the calculator. With my sales tax it gets me to that same number but tax isn’t listed in their sheet.
Lol I just searched for decently priced cpo’ed Taycans and asked for a one pay 12 month 15k price and this is what I ended up with. My calculator im sure is wildly off I’m learning here
For the purpose of a calculator, none of this really matters does it?
The $RV needs to be correct. Normally on a new car you calculate that by MSRP x %RV … here if you enter the $RV manually it achieves the same mathematical outcome right?
Starting with MSRP and then applying %RV is the right way on a new car for many reasons. The calculator is built for new or untitled cars and indeed people should learn to use it correctly for those cars. %RV being incorrect is an easy way to catch a rookie mistake. And because discount off MSRP is a very useful benchmarking tool.
On a CPO that’s all irrelevant. Every second spent on finding the original MSRP is wasted time.
The depreciation of the lease would be based on the current value of the car vs what PFS thinks it will be after 12 months and 15k miles, no? Then you have the MF for the rent charge and you have the basic lease structure. The original MSRP isn’t relevant in that case. What I don’t get is if the sales price is the current value or if Porsche is starting from a different point.
The residual value is a projection by the bank based on the age and mileage the car will have when the lease term end. A lease on 5 year old car with X many miles requires a projection of what the value of the car will be after another 12 months + 15k miles. What’s unclear to me is what the starting point value is but it being the original MSRP doesn’t make sense to me.
Looks like RV is set to 95% in this example, based on the listed selling price.
I guess PFS sets the value at the lease end and MF, and then dealer builds the deal based on that RV and their selling price. The lower they go, the better the deal.
For the 2020 turbo models the dealers I got quoted from are using 39% as the residual off the original msrp. None of the 2020’s make sense to lease that way
