Just for fun found someone who would lease a brand new Carrera GT. Here are the details:

Selling price $445,000.00

10% down

$6705 x 60 months + add your state sales tax to payment

5,000 miles annually

Residual $120,000.00

Now if I can just figure out how to make this work!

 

I have a copy of June's Dupont Registry with an ad for a CGT for only $3,535 a month.

 

For how many years? How much down? How much is the buyback?

 

It didn't say, let me check their site.

There's an SLR right next to it in the ad for $4,500 / month too!

Edit: Not anymore info. I suppose you could contact them if you really wanted to know.

Link to CGT - http://www.8887exotic.com/VehDetails.asp?CarID=1653396

 

The Dupont ad you are refering to is a 144 month purchase through Woodside Credit. It requires a $100,000 down and 12 years of payments.

 

Ouch. 10 years spent upside-down in a car loan.

 

What does it mean 5,000 miles annually?

 

Ryan leasing companies penalize excessive mileage. For an example if you have a three year lease with a 5000 annual mileage restriction, if after three years you turn the car in with 17000 miles you will paid a per mile penalty for miles over 15000.

What I find distressing is the $120,000 residual. Porsche apparently believes the car will lose over 65% of its value over a 5 year period.

 

Nick, thanks for clearing that up for me.

5,000 miles a year seems pretty low, I would never get out of that car if I had one. They would penalize me back to the stone age.