Buying someone leased boxster

[racer_d]

For a comparison, when I leased an Audi 1.8TQ, the buyout at the end was somewhere around $17. Not suprisingly, this was the bottom of the range listed by places like Edmunds, Cars.com, KBB etc. You don't mention what year, mileage, colors, options etc of the car in question. Check that part first before thinking you will "flip" the car. Consider that Boxsters aren't flying off the shelves right now and Porsche is putting out new lease/dealer incentives to move new cars. One may need to sit on the car for a couple of months or see a paper profit go away.

[peakpro]

Originally Posted by racer_d

For a comparison, when I leased an Audi 1.8TQ, the buyout at the end was somewhere around $17. Not suprisingly, this was the bottom of the range listed by places like Edmunds, Cars.com, KBB etc. You don't mention what year, mileage, colors, options etc of the car in question. Check that part first before thinking you will "flip" the car. Consider that Boxsters aren't flying off the shelves right now and Porsche is putting out new lease/dealer incentives to move new cars. One may need to sit on the car for a couple of months or see a paper profit go away.

thanks...i know what the buyout is...i would offer him 1-2K above that...

below KBB, cars,.com TMV etc,...and much lower than what the dealer would ask once he turns it around...

absolutely true about boxster not moving..i am watching the market in my area very closely and there is no activity...