Calkar

Please let me know if this is the wrong forum and if you can point me to the right one, it'd be very much appreciated.

Does Porsche Financial service apply the Federal tax credit as a cap reduction? Or is it part of the price negotiation?

Also, any good site to get the latest MF and residual for Taycan? I am looking to get a lease in a couple of months and would like to get my research done before I start to order. It seems like the lead time is about 2 months for an order?

TIA

991carreradriver

I have a Taycan on order. Here are the answers relative to my experience:

1. The $7,500 Federal tax credit is a direct reduction of your purchase price. For example, negotiate your discount from MSRP. That is the price of the vehicle. The federal tax credit is a direct cap cost reduction of your negotiated price,
2. I was able to obtain about a 6.8% discount, my build was $108,400.
3. The "sweet" spot is 39 months on a lease,
4. The MF is currently .0020,
5. Residual on my order was a little more than 50% at 39 months.

There is currently about a 75 day delivery window from day that Porsche receives your order. Porsche has just posted a popup informing us that there could be delays based on supply chain issues. Be sure to research you state specific tax credits and utility company rebates on the purchase/lease and home charger install.
Hope this helps you a bit.

Calkar

Thanks! This is exactly what I am looking for. And the lead time for ordering is about 1.5 month which is not bad at all.

kort677

the dealership should apply it as a cap reduction

pokingaround

MF cannot possibly be .20. Maybe .0020?

Calkar

Coming from multiple Tesla leases, this is refreshing even though I thought it should have been the norm

991carreradriver

You are correct .0020. I dropped the first two zero's. I have edited it.

kort677

it should be the norm, but they are car dealers

Calkar

Tesla pocketed the tax credit in their lease. :-(

flygdchman

Could somebody lay out the payment calculation for the above example? I applied a calculation I found online and the payment seemed too low so I must be missing something. Thanks

nycebo

Lease hacker has a great online calculator. Just treat the tax credit as a cap cost reduction.

flygdchman

Thanks. That resulted in a more reasonable payment.

mdrobc1213

When you say cost cap reduction applied by the dealer do you mean they take the $7500 off the MSRP or the negotiated price added to any additional discounts? Thanks just trying to clarify as I do my research.

Calkar

It should be negotiated price - $7500. At least that's what I expect and saw from friend's BMW i3 leases. I think the $7500 is applied by Porsche Finance as they money goes to the them and they are just applying what they will get to the lease.

BTW, the Porsche configurator used to have a lease payment estimator, does anyone know how accurate it is?

mdrobc1213

Great to hear ...my fear if that they will equate the $7500 tax credit to any request for discount and thus max savings would not be received. Now to see what the normally average discount is for folks on Cross Turismo 4 and Cross Turismo 4S allocations as i normally do not purchase off the floor as they normally don't have car options as i like and many dealers just seem to go waay overboard on options! I don't need the kitchen sink thrown into my cars and some things ordered just don't make sense! Would rather just do it myself.