SeattleYates
Well-Known Member
- Joined
- Jun 20, 2020
- Threads
- 5
- Messages
- 60
- Reaction score
- 50
- Location
- Seattle, WA (USA)
- Vehicles
- '22 Taycan 4S, PanameraTurbo,993cab,i8/M5/M3/914
- Thread starter
- #1
I'll be ordering 2021 Taycan Turbo soon.
Planning to put down ~$50K and keep for 3-4 yrs, then switch to either another Taycan or 911 4S Cabriolet.
It's hard to do Apples to Apples comparison of Buy vs Lease: ?
BUY/Finance - Pros: Tax rebate; known (low) APR of 2.5% or less.
BUY/Finance - Cons: Unknown value after 3-4 yrs; must pay full sales tax (10%!) up front.
LEASE - Pros: Known (residual) value; lower payments; simplicity of switching to next vehicle; pay sales tax only on payments.
LEASE - Cons: No tax rebate; convoluted financing "cost" (but far higher than Buy/finance APR).
What am I missing? Any thoughts/suggestions appreciated.
Planning to put down ~$50K and keep for 3-4 yrs, then switch to either another Taycan or 911 4S Cabriolet.
It's hard to do Apples to Apples comparison of Buy vs Lease: ?
BUY/Finance - Pros: Tax rebate; known (low) APR of 2.5% or less.
BUY/Finance - Cons: Unknown value after 3-4 yrs; must pay full sales tax (10%!) up front.
LEASE - Pros: Known (residual) value; lower payments; simplicity of switching to next vehicle; pay sales tax only on payments.
LEASE - Cons: No tax rebate; convoluted financing "cost" (but far higher than Buy/finance APR).
What am I missing? Any thoughts/suggestions appreciated.
Sponsored