Quote:
Originally Posted by avlnch
I am not a car flipper. This was my first time. I just sought out an opportunity. Why return my lease when I can buy it out and drop it off at CarMax for a 10k profit (I decided this was worth my time).
On a separate note.. if you like to lease, and you choose to lease a P Car you can get a new one every year without loosing.. because the dealer will make money on taking your car back (they will end up moving it). It's a win/win if you want a new P Car every year.
Obviously, like any business deal, it can be attractive to some and not attractive to others. I mentioned this for someone that was interested in it. Take the info or not, just sharing my experience which I learned while I was deciding between Porsche and F10 M5.
I personally always keep my cars for 2 years (besides my 2010 M5 for 3yrs to bridge the gap between E60-F10). I own M, AMG, and Porsche.. for some reason after 2 years / 35,000 miles these cars start to loose their magic (some worse than others).. and I treat my cars very well.
Good luck guys.
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We get it now. You confused a few of us when you said Porsche's don't loose value. I was looking at a 991 2012 4k for 94k new it was 115k. It was a dealer car, and that's a big drop if I would say so. I bet I can get OT for 90k cash. (: I'm thinking ................