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atebit
Well-Known Member
- First Name
- Bob
- Joined
- May 1, 2021
- Threads
- 34
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- 468
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- PA
- Vehicles
- [s] 2021 Taycan AWD [\s] 2022 Rivian R1T
<$0.02>
In 2012, I wasn’t able to lease my Model S, though given the “new” technology I wanted to. When I ultimately traded it on my Model 3, I got a (relatively) surprisingly good trade value for it, through Tesla even.
I thought about leasing my Model 3, it was possible by then but yes, the lease deal was crappy so I just paid for it.
When I traded it in on the Taycan, again, I got a pretty good value. Not “exceptional”, but pitting that value against the limitations and other “vaguearities” of leasing, was IMHO at least as-good-as/marginally better than leasing.
So when it came time for the Taycan & the lease deal sucked even more than the M3 lease, I just bought it. I hope to trade it at some point on an EV Boxster/some manner of convertible at the same selling dealership, so banking on confluence of value/loyalty at that point.
YMMV
</$0.02>
In 2012, I wasn’t able to lease my Model S, though given the “new” technology I wanted to. When I ultimately traded it on my Model 3, I got a (relatively) surprisingly good trade value for it, through Tesla even.
I thought about leasing my Model 3, it was possible by then but yes, the lease deal was crappy so I just paid for it.
When I traded it in on the Taycan, again, I got a pretty good value. Not “exceptional”, but pitting that value against the limitations and other “vaguearities” of leasing, was IMHO at least as-good-as/marginally better than leasing.
So when it came time for the Taycan & the lease deal sucked even more than the M3 lease, I just bought it. I hope to trade it at some point on an EV Boxster/some manner of convertible at the same selling dealership, so banking on confluence of value/loyalty at that point.
YMMV
</$0.02>
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SeanY
Well-Known Member
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- Sean
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- Jun 9, 2021
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- CA, US
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- Ordering 2021 Taycan RWD
- Thread starter
- #3
Sorry about deleting my original. And thanks for your 2 cents..
The original thread was about lease vs purchase.
It's $100k car, and lease is $3500 due + $1550/month (horrible).
Still by saving the big downpayment through the lease, it seems I can take advantage of the hot market.
The original thread was about lease vs purchase.
It's $100k car, and lease is $3500 due + $1550/month (horrible).
Still by saving the big downpayment through the lease, it seems I can take advantage of the hot market.
submatrix
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- 2021 Taycan
What makes you think the $1550/month is horrible? You're paying down 3 years (I assume) of usage of a $100k vehicle. It's gonna be expensive, especially if putting so little down (which I would recommend, for the reasons you stated).
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SeanY
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- Sean
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- Ordering 2021 Taycan RWD
- Thread starter
- #6
Well the numbers are horrible. The MF is 0.0024 (negotiated from 0.0028) which is like 5.76% APR. Also no discount off MSRP. I pay like $57k for $110k (including tax) car, which is bad even for the Porsche standard.
With more reasonable MF (0.001) and discount (5%), the monthly pay would be $1100~1200.
submatrix
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- 2021 Taycan
Does such a MF exist? I know interest rates are low but I was under the impression that MF rates are usually higher than actual interest rates.
