10-10-2017, 06:45 PM | #1 |
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Have you guys read up on this?? I think its an awesome deal. For $2,000 a month (covers everything but gas) you can drive amongst eight vehicles, including the Boxster, Cayman S, Cayenne and Macan S. You can take a different car everyday of the week and start over after your done with the 8th variation. For $3,000 a month, you get the 911 and Panameras along with GTS versions of Caryman's and other for a total of 22 models.
The catch ..... Its only in Atlanta for time being. I think I would give up the X5 50i for this plan. I really wanted a second sports car but didnt it in the budget. For $2,000 a month which includes tax, title, insurance, detailing, maintenance and unlimited mileage, I dont think its any different than just leasing one X5 50i. |
10-10-2017, 08:07 PM | #3 |
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The catch...it’s $2k a month. Why would anyone pay that much for a Cayman or a Macan?
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10-10-2017, 09:34 PM | #5 |
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Well I dont know about the rest of you guys but I dont drive two cars at the same time. Therefore if I wanted a Cayenne S and a Boxster S each would be each about $1,000 a month leases and that doesnt take in consideration maintenance, detailing and Insurance. If I needed a larger car for a day then I pickup a Cayenne S then drop off and pickup a Cayman S after that.
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10-10-2017, 10:02 PM | #7 |
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Not a great deal for 2,000 IMO. A 911 gts would be, but not a Boxter or Cayman S. Could get those for a lot less than that (probably less than $1,500) fully loaded (including insurance).
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10-10-2017, 10:08 PM | #8 |
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I dont know if you are getting the point that you are not limited to one car. Most people keep quoting the lease of one car but you have 8 at your disposal to drive however, wherever and whenever you want without a worry about insurance, detailing, maintenance, warranty etc and car is dropped off at your home.
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10-10-2017, 10:35 PM | #9 | |
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10-10-2017, 10:56 PM | #10 |
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Could be something nice to do for a couple months; but long term i'm afraid i'd get bored over time to always trying to remember the functions of every car; that plus i'd end up with crazy expensive tastes.
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10-10-2017, 10:59 PM | #11 |
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For $1400 a month I am driving a 135is and a Corvette Stingray. And I’m not stuck with a single brand. They are at my house and I’m not waiting for them to be delivered....I’m not sure what the value proposition is. For $2k a month I can own 2-3 Porsche’s....if 3, they might be CPOs, 2could be brand new.
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10-11-2017, 12:53 AM | #12 | |
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I also don't consider anything but 911 as something worthy of that trouble, but that's just me. Maybe for someone a Boxter is a fascinating car - people are different - can't blame them I'm happy with my loaded 50i V8 CPO that I finance for $700 - i just don't see point to pay extra $1300 for a Boxter Bring in 911s and then that deal starts to look good |
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10-11-2017, 01:47 AM | #13 | |
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Cayman S minimum is a $70k car, Macan S minimum $60k. Those are with very little options too. That is well over $2k month with current interest rates. Porsche lease rates are awful too. I doubt that it would be much of a better scenario. One perk it is a monthly service, so you can cancel anytime. Unlike purchasing or leasing. Last edited by hellrotm; 10-11-2017 at 01:57 AM.. |
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10-11-2017, 02:12 AM | #14 | |
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Last edited by hellrotm; 10-11-2017 at 02:36 AM.. |
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10-11-2017, 10:51 AM | #15 | |
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10-11-2017, 01:37 PM | #16 |
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I like the concept.
When you factor in taxes, DMV fees, insurance, maintenance, etc. the break even gets much closer, and the convenience of not being tied into a long term contract is very appealing, plus no money up front means repurposing cash for other investments. Could be the future of car 'ownership'. |
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10-11-2017, 01:59 PM | #17 |
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Could be an appealing option for those that write off cars as a business expense.
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10-11-2017, 02:07 PM | #18 |
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Worth noting there is a $500 activation fee as well. Any way you slice this, it doesn't math out to be a good deal.
If you bought a $70k Cayman S at a 60 month term around 4% interest, using a 7.25% tax, it'll net out to less than $1400/month with $0 down. |
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10-11-2017, 02:56 PM | #19 |
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If you own two cars, suv and sports car...the math works out. You can’t drive both automobiles at the same time. One example, a single individual that owns two autos for summer/winter weather conditions. Or someone who lives in the city where parking is very limited and at times very expensive. Not everyone has parking for multiple cars. I could see scenarios where it works.
Last edited by hellrotm; 10-11-2017 at 03:03 PM.. |
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10-11-2017, 02:59 PM | #20 |
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If you want to start talking about used cars...sure. But something like the brand new Cayenne, CPO’s are not even available. You would be guaranteed the lastest in Porsche tech and driving experience.
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10-11-2017, 04:01 PM | #21 |
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This makes sense for anyone in a heavily congested city.
I don't need a car day-to-day. Only on weekends or planned trips. It is way to much of a hassle to maintain a car in the city (when something breaks my entire day is gone), street parking is a pain in teh a$$, garage parking is cheapest $450 / month, insurance is killer... All depends on where you live. I would never do this if I lived in suburbs or country. |
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10-11-2017, 04:14 PM | #22 | |
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