Calculate the bid-ask for the lealer

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Reference no: EM131044527

Porsche 2016 Cayman

Term:36Months

Monthly Payment:$599

$5,399due from customer at lease signing.

Actual lease price determined by your authorized Porsche Dealer; your payments may vary. Closed-end lease offered to qualified lessees with approved credit by Porsche Financial Services through participating U.S. dealers. Must take delivery by 3/31/2016. Estimated payments based upon MSRP of $63,095 (includes destination charge) for a Model Year 2016 Cayman with the following options: Premium Package (Power 14-way Sport Seats), Metallic Paint and Infotainment Package with BOSE® Surround Sound System. Model pictured may have optional features and equipment. Price excludes title, taxes, registration, license fees, insurance, and maintenance. Lease payments of $599.44 for 36 months total $21,579.84 based on capitalized cost of $55,565 (requires dealer contribution which could affect price). Total due from customer at signing $5,399.44 (first month's payment, acquisition fee of $995 and capitalized cost reduction of $3,805). No security deposit required. At lease end, lessee pays excess wear, $.30/mile over 30,000 miles and $350 termination fee. Purchase option at lease end $39,749.85 plus taxes. Specific vehicles and options are subject to availability and your price may vary. For additional information see your participating authorized Porsche dealer or visit Porsche.com/usa.

Calculate the bid-ask for the lealer, the financial cost for the buyer

Reference no: EM131044527

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