Lease Trader?

[Dr. Kill]

I concur – keep the Box! We just had our first kid a couple of weeks ago, and the only way I am getting rid of this Porsche is to upgrade to a 911 in a few years.

Reasons to keep your Boxster:

1) When your wife starts experiencing odd late night food cravings, you can get to the store and back to help her much faster in a sports car.
2) Reiteration of Perfectlap’s point. I live with my wife, a baby girl, a female dog, and a female hamster (possibly – she escaped last night). I need things like a grossly impractical sports car and lots of power tools to keep things balanced in the house. You will need this too. Trust me.
3) You can haul all of the same crap in your Porsche that you can in some SUV – you just have to make more trips. These trips are much more fun, and much faster in a car like a Boxster.
4) If you get rid of it now, you will have a MUCH tougher time getting another one later when you realize you miss having a small German sports car. If you don’t get rid of it, you will always have it.

I hope this is helpful.

[FrayAdjacent]

Actually, minivans are better for children. Lower deck level, easier to load... then when the kiddo is old enough, with the sliding doors, you don't have to worry about him/her throwing the door open into another parked car. OOOPS!


You don't need an SUV for a kid. A minivan is a better proposition.

My sister has two kids, and has a Mazda 6. That thing has a HUGE trunk. It fit her, her husband, two kids, me and our luggage for a trip to South Padre Island a couple years ago.

'Needing' an SUV is usually a bunk argument.

[Dr. Kill]

Originally Posted by FrayAdjacent

Actually, minivans are better for children. Lower deck level, easier to load... then when the kiddo is old enough, with the sliding doors, you don't have to worry about him/her throwing the door open into another parked car. OOOPS!

Please don't forget: safer, more comfortable, generally cheaper, and stealthier when blowing by cops.

I remember reading an article in Excellence a number of years ago about some race car driver (I forget who) whose daily driver was a supercharged AWD Previa...

[mkgonza2]

I had someone take over my 2002 boxster lease. Like one of our fellow boggers mentioned, all you do is :
Contact Porsche financial, they will send out an application ( to be filled out by the new leasee ), once approved you no longer have any obligations. It was pretty straight forward.

[humara]

After a year and a half, you're unfortunately upside down on your financing. the car is worth less than what it would cost somebody to take over your lease. You'll most likely need to offer some sort of financial compensation for someone to take that over. With that said, I think lease trader will help facilitate the process. you could also just trying to sell the car outright rather than flipping the lease. might be less of a financial hit.

[FrayAdjacent]

Originally Posted by humara

After a year and a half, you're unfortunately upside down on your financing. the car is worth less than what it would cost somebody to take over your lease. You'll most likely need to offer some sort of financial compensation for someone to take that over. With that said, I think lease trader will help facilitate the process. you could also just trying to sell the car outright rather than flipping the lease. might be less of a financial hit.

Just HOW do you get upsidedown in a LEASE? :|

[humara]

Originally Posted by FrayAdjacent

Just HOW do you get upsidedown in a LEASE? :|

you still OWN the car in a LEASE.
the car still has a value.
that value is less than what you owe on the rest of the lease + residual.
a new buyer won't necessarily want to pay for your depereciation.
that is UP side DOWN.

[luxury1]

Honestly I think you guys convinced me to keep it! I really appreciate the feedback and agree that it is feasible after all. I am back on board and thanks for the input!!!