Buying vs leasing (and possibly buying then): my numbers

[SupremeHustle]

You'll always pay one month, so whatever gives you the smallest rent charge. But the difference will be minor.

Just make sure you double check the paperwork before you sign. I checked mine and there was nothing about a penalty for buying out early and the paperwork on the pass through credit didn't have any stipulations, but make sure that's the same for yours before you sign.

I would recommend paying for 3 months (so really only 2 additional months). While you may not care about your dealership (I certainly don't) you may also find service very difficult/slow/no loaners available in your area if you buy out immediately. The dealerships talk to each other and while they have to service your car, there's nothing stopping them from putting you as their least important customer. You may also be rejected by PFS for further leases.

You'll just pay 2 additional months of rent charges, but you'll still save a ton. I think it's probably the fairest option.

That's sage advice on the service part of it. Thank you.

 

[PanameraFrank]

That's sage advice on the service part of it. Thank you.

You got it! AFAIK and as far I've seen from everyone that's discussed it, as long as you pay 3 months no one cares if you buy it out.

It's an extra two months of rent charges (you always have to pay the first) but I think it's worth it just for the peace of mind. I don't care about the dealer getting a dime but I also like Porsches and don't want to run into trouble later.

 

[USMA81]

If I had it to do again, I would have waited. I bought out of state and won’t interact with the selling dealer again, but I now think buying it out before three months is poor form. The little bit of interest savings I gained by not waiting, maybe $500-1,000, to me, were not worth worrying about. I’m not out to screw the world, but apparently at the time I lacked the foresight on this decision.

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