Lease deal for my father
My father is looking to lease his first Porsche. He has been a frugal man his entire life and we are so happy he is finally getting something he truly wants and will enjoy! The Taycan is his dream car and I just want to make sure everything looks ”fair” on this lease deal from our local dealership. I understand leasing these days is not going to get a screaming deal but just want to make sure he’s not getting ripped off. Any input would be greatly appreciated! Located in Southern California.
Terms of 2024 CPO Taycan 4s premium package:
$89k purchase price after discounts
$10k down (8800 down + 1st month payment)
$1200 monthly
24 mo lease
10k yearly milage
NOTE: Not reflected in this termsheet he has an option to forgo the $10k down at signing which he will most likely do. This will increase monthly by about $400 p/mo for a total monthly of $1650. The differnce of taking the no money down is about $800 more over the term of the lease but in the case an accident or something we feel this is the better route. We may be able to negotiate the $800 difference down to $0.
