Current Discount

[nick776]

I'm finalizing my order for the Macan EV Turbo. My dealer is giving me a $13,000.00 discount PLUS the $7,500.00 rebate if I lease it for a grand total of $20,500.00 off the price of the car. Is this a good deal? If not, how much more of a discount should I push for? Is it wise to do a 24 month lease to get the rebate and then just pay it off at the end of the lease or would I come out better purchasing it up front and just not getting the $7,500.00 rebate?

 

[nischalr]

I am quite shocked that you are getting a discount at all, I would take it as offered. Turbo’s are rare, allocations scarce, not getting any discount on my 4S that is on order. What region/dealer?

 

[PanameraFrank]

13k off a Macan Turbo? That doesn't make sense. If they're offering you 13k off a lease they're jacking the money factor through the roof.

Whats the monthly payment? I can write a lease that shows $13k off MSRP and an absurdly monthly payment.

 

[nick776]

13k off a Macan Turbo? That doesn't make sense. If they're offering you 13k off a lease they're jacking the money factor through the roof.

Whats the monthly payment? I can write a lease that shows $13k off MSRP and an absurdly monthly payment.

I just sent you a private message.

 

[nick776]

I am quite shocked that you are getting a discount at all, I would take it as offered. Turbo’s are rare, allocations scarce, not getting any discount on my 4S that is on order. What region/dealer?

It is not scheduled to be built in March, build locks January 10.

 

[tmrqs]

I just sent you a private message.

Care to share the details as well?

I’ve posted extensively here and on Rennlist about leases vs purchases and have several sheets to compare options.

Very curious to know what the catch is.

 

[nick776]

I do not know that there is a catch other than the massive down payment. I'm paying $25k down and payment is $1028 per month for 24 months. I also shopped the Porsche "one pay" options. Doing the one pay saves a couple of grand but that is just too much cash to part with all at once. I'm just going to make sure I insure the gap and I think I'm going to be good with the deal insofar as others seem to be implying they are not getting any significant discounts on their Turbos. Assuming the values have not tanked, I'm going to buy it at the end of the lease. If, on the other hand, the resale values are as horrendous as some speculate then I can just walk away from the car at the end of the lease if that turns out to be true. The $7,500.00 rebate is just too good to pass up so I'm forced to lease it.

I want to be clear, also, that I've bought multiple Porsches from my dealer over the years and have a good relationship with them, so I highly doubt they would sell the same car to someone "from the street" with the same discount.

 

[tmrqs]

Alright, @nick776 would you mind sharing:
- the MSRP
- the price of the car with the discount applied
- the sales taxes for your area on that amount
- the residual of the car at the end of the period

If you also happen to know the money factor, that would be interesting.

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