Can't Believe I Did This - It was Too Good to Pass Up

[FlyingPoint]

I just committed to acquiring a new MY24 4S by month end. The vehicle is highly optioned by Exclusive Manufacturer. Seems this was part of Porsche Program that a dealer could not refuse. This car was held up in the custom problem and got to the dealer a few days ago. It is a 10/23 build. I don't think anyone expected it to arrive so late and so close to the mid cycle refresh launch.

The striking part of the deal is the price. The MSRP is $163,050, the out the door price is $117,325, including $2,262 in dealer fees and charges. ($47,987 discount) with no money down. I have never seen this level of store discounting, factory incentives, plus a full $7,500 EV credit. Another plus is my state of registration has no sales tax on EV's. The only negative is it must be leased, so there is a penalty with a .0037MF. Given the final deal, I was able to live with a couple of extra points above the current interest rate.

Will post some pic's once I pick it up later in the week.


BTW, if anyone is interested the current residuals on PCNA 4S leases is 52% after 39 months. This assumes the car is at or below the MRM.

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[Caraholic]

Would love to hear what the lease deal is on that massive of a discount. Congrats, Any pics?

 

[FlyingPoint]

Would love to hear what the lease deal is on that massive of a discount. Congrats, Any pics?

Term: 39mo, Payment $1,725, Residual: $78,260 (48% of MSRP limited by MRM).

Pics, by end of week.

 

[Marmolata]

wow, MSRP 163 seems expensive for a 4S, can you share the build sheet ? or maybe just easier to ask what option was not checked? Anyway, best of luck and enjoy !

 

[FlyingPoint]

wow, MSRP 163 seems pricing for a 4S, can you share the build sheet ? or maybe just easier to ask what option was not checked? Anyway, best of luck and enjoy !

Happy to do so after I take delivery. I will say that it was over MRM by almost $7k.

 

[Caraholic]

Seems like you got a great spec.

 

[seattlefox]

Congrats!! Recently went through a very similar deal but for cash purchase. MSRP $167,740, purchase price $117,418. It's an MY23 GTS though. And well, the sales tax over here is 10.5%

Interested in seeing your build sheet. A $163k 4S can have all the nice options in the world! You'll reeeeally enjoy it!

 

[snstevens]

I know it is obvious, but remember you can buy out your lease at any time.

 

[FlyingPoint]

I know it is obvious, but remember you can buy out your lease at any time.

Yes, you are absolutely correct. However, with the current rate of inflation, the real interest rate is much lower than its nominal rate. The lease has a nominal rate of 7.4%, after subtracting the inflation rate of 3.5%, the 3.9% is tolerable. The other consideration is the depreciation risk, which I happily avoided by leasing my first Taycan.

 

[Vision]

Great deal!

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