2017 GTS residual and MF?
05-21-2016, 12:24 AM
#2
Advanced
I was offered the following residuals on a 2017 Macan S lease:
61% - 10k
60% - 12k
Initially they offered me a MF of .0032 which is completely ridiculous considering I have Tier 1 credit (840+ FICO)! That's the equivalent to 7.68% interest. They came down to .0026. My understanding is that the lowest rate that you can expect from PFS is .0020 and that's if the dealer decides to not mark up the rate. But that's still almost 5% interest.
I decided to finance at 2.49% interest and my loan payment is lower than the lease payment would've been. Not to mention that I'll be paying less than half the interest over 72 mos. versus the 36 mos. lease.
61% - 10k
60% - 12k
Initially they offered me a MF of .0032 which is completely ridiculous considering I have Tier 1 credit (840+ FICO)! That's the equivalent to 7.68% interest. They came down to .0026. My understanding is that the lowest rate that you can expect from PFS is .0020 and that's if the dealer decides to not mark up the rate. But that's still almost 5% interest.
I decided to finance at 2.49% interest and my loan payment is lower than the lease payment would've been. Not to mention that I'll be paying less than half the interest over 72 mos. versus the 36 mos. lease.
05-26-2016, 12:38 PM
#3
Nordschleife Master
Very smart move Porsche never has good lease rates! If you want a even lower rate you can refinance with PenFed Credit Union for 1.49%.