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      01-14-2011, 08:30 PM   #1
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HELP where to sell a leased Porsche (brother's)

Hi gang. I've never leased a vehicle in my life, so I'm not familiar at all with the numerous sites to sell/assume leases. My brother has always leased, but never wanted out of one until now, and he asked me if I could find out.

Anyway, he has a fully-loaded red/black '09 Porsche Cayenne GTS (leased thru Porsche Financial) and now wants to get rid of it to buy an Aston Martin Vantage convertible. It's the one that looks like the Turbo. Don't have the specifics of his contract, but I'm not trying to sell it here. Just which sites are the best bet to unload it. I've heard of several, but never paid attention before, so don't remember.

I'd appreciate any help, plus all tips to avoid problems. Thanks gang.
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      01-14-2011, 08:39 PM   #2
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I have seen a few lease assumptions for M3's here on the board so maybe he can put it up as on his forums? or even here...
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      01-14-2011, 09:02 PM   #3
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Your brother is so lazy he wont type in "sell lease" on google, to which multiple sites pop up?

Blows my mind how people can afford P cars and not have a lick of common sense
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      01-14-2011, 09:03 PM   #4
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The GTS is a sick vehicle. The only site i have heard of was swapalease.

Hope it works out!
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      01-14-2011, 10:50 PM   #5
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Quote:
Originally Posted by CollinsE90 View Post
Your brother is so lazy he wont type in "sell lease" on google, to which multiple sites pop up?

Blows my mind how people can afford P cars and not have a lick of common sense
What's to get out of Cayenne lease so that he can get into a Aston Martin lease? I'm going to have to agree with the common sense argument. Talk about pissing $$ away...
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      01-14-2011, 10:50 PM   #6
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swapalease
craigslist
forums
check with porsche financial about paying to return it early
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      01-14-2011, 10:51 PM   #7
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Quote:
Originally Posted by jaco View Post
The GTS is a sick vehicle. The only site i have heard of was swapalease. Hope it works out!
That's the one I remembered. Thanks man.

And to the ignored moron (dared to look at his message to see if he said anything good for a change), not everything that pops out of google is good, hence asking for guidance. And maybe if he spent more time working rather than polluting threads with his crap he'd actually own an M3.

And thanks to you too BMR. Posting a take-over lease on a Porsche site might be a good idea too. Will search for one so he can post it there. It's a great way for somebody to rent a GTS for a year, rather than 3. I'm not an SUV fan at all, but that thing drives really nicely for such a behemoth. Have a great weekend gang.
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      01-14-2011, 11:02 PM   #8
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Quote:
Originally Posted by Feyd View Post
What's to get out of Cayenne lease so that he can get into a Aston Martin lease? I'm going to have to agree with the common sense argument. Talk about pissing $$ away...
He's going to buy the Aston cash. The lease was just for business purposes due to the 6K-lb GVWR deduction, or some crap like that, but it's supposedly gone now, hence his decision. The guy has all the money he'd ever need, so depreciation on that car is like me worrying about depreciation on golf clubs .

Quote:
Originally Posted by MarkR171 View Post
swapalease
craigslist
forums
check with porsche financial about paying to return it early
Thanks man. He tried the 3rd option but it's almost as expensive as keeping it, so not attractive at all. And Craiglist? That thing is more for personal ads and garage sales than anything else, at least around here. I think forums and swapalease might be his best options. Thanks to all who contributed again. Have a good one.
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      01-14-2011, 11:24 PM   #9
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How can you "sell" a car which is "leased" to you to someone else?

Is he buying the car from Porsche Financial at the end of the lease? Or is he just trying to get out of his lease early by someone else taking over?

Yay on "Swaplease". I have had a few friends who either dumped or picked up cars through their services and were quite happy with the result.
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      01-15-2011, 01:11 AM   #10
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Quote:
Originally Posted by elp_jc View Post
That's the one I remembered. Thanks man.

And to the ignored moron (dared to look at his message to see if he said anything good for a change), not everything that pops out of google is good, hence asking for guidance. And maybe if he spent more time working rather than polluting threads with his crap he'd actually own an M3.

And thanks to you too BMR. Posting a take-over lease on a Porsche site might be a good idea too. Will search for one so he can post it there. It's a great way for somebody to rent a GTS for a year, rather than 3. I'm not an SUV fan at all, but that thing drives really nicely for such a behemoth. Have a great weekend gang.
If you had the common sense to search the 4 options the guy just gave you, that you thanked the guy for, were the first options on Google, Who gives a fuck about an M3, atleast I have the common sense to know how to search instead of pass it along to forum members because you are to lazy to search. We know some magical way to sell a lease no one else knows? Selling a lease isn't easy and you are limited to very few options to get rid of it. But ill rub my crystal ball and shake my 8 ball and get back to you.
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      01-15-2011, 01:17 AM   #11
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if he has all the money he would ever need why not keep it?
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      01-15-2011, 01:30 AM   #12
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sell it to a drug dealer, then report it stolen. the police will arrest the durg dealer, and you get to keep the money
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      01-15-2011, 04:21 AM   #13
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Sounds lazy as balls. Learn to use google.
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      01-15-2011, 08:57 AM   #14
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Just trade it in on the Aston
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      01-15-2011, 09:06 AM   #15
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Quote:
Originally Posted by lauer87 View Post
Just trade it in on the Aston
He can't. It has negative value. All the p-car represents is debt. Swapalease is your best bet.
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      01-15-2011, 09:11 AM   #16
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Quote:
Originally Posted by NYCGP View Post
He can't. It has negative value. All the p-car represents is debt. Swapalease is your best bet.
He most certainly can, it's just a questions of whether or not he wants to role negative equity into the principal of his new loan.
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      01-15-2011, 09:45 AM   #17
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Quote:
Originally Posted by lauer87 View Post
He most certainly can, it's just a questions of whether or not he wants to role negative equity into the principal of his new loan.
He'll get raked, badly.
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      01-15-2011, 10:52 AM   #18
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http://lmgtfy.com/?q=lease+swap
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      01-17-2011, 04:04 AM   #19
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Quote:
Originally Posted by gun6slinger9 View Post
if he has all the money he would ever need why not keep it?
this

I would ask Porsche how much to get out of the lease...
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      01-17-2011, 04:26 AM   #20
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http://www.swapalease.com/ ... Like everyone else here recommended.

The fact that he chose to drive a Porsche racing fund vehicle *cough* SUV tells us a lot about his financial decisions
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