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Lease rates on 360's?

Discussion in '360/430' started by mrp_e, Jul 29, 2004.

  1. mrp_e

    mrp_e Formula Junior

    Dec 19, 2003
    630
    NYC, BRK, PlmSprngs
    Full Name:
    Bill
    Anyone have any idea what the going rate is for a 12-month 360 coup lease? I'm looking to lease probably 3 for a work related thing (sales incentive).

    I'm not even sure Ferrari leases, just thought i'd ask. Thanks much
     
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  3. Doody

    Doody F1 Veteran

    Nov 16, 2001
    6,099
    MA USA
    Full Name:
    Mr. Doody
    ferrari themselves does not lease. i don't think they have a finance arm at all, in fact.

    try Premiere and Putnam.

    i've talked to both premiere and putnam. i found putnam to be a bit difficult to deal with and they eventually stopped responding to my emails. i've had nothing but positive experiences with premiere so far. (caveat: i haven't done a deal with either yet).

    i am personally not aware of anybody who does closed-end leases on f-cars, and if they do, i assume the residuals are wholly unreasonable.

    putnam, as i understand it, will write you basically whatever sort of lease you want. i haven't asked premiere to be creative, so don't know, but i assume they'll do whatever you like as well. of course, as long as it's fiscally optimal for them.

    g/l.

    doody.
     
  4. racerdj

    racerdj F1 Veteran
    Silver Subscribed Owner

    Jan 19, 2003
    6,650
    Indianapolis
    Full Name:
    DJS
    If I may ask, what kinds of business will you offer 360's as incentatives??
     
  5. mrp_e

    mrp_e Formula Junior

    Dec 19, 2003
    630
    NYC, BRK, PlmSprngs
    Full Name:
    Bill
    to a sales force in financial services
     
  6. sparetireless

    sparetireless Formula 3
    Silver Subscribed

    Nov 2, 2003
    1,393
    Try calling Mitch at Premier leasing in Woodbury Ct. They do them with about a 50% residual, and stated exit rates each month for early termination. Its not free at 7-8% interest but its fair.

    (My concern is the 360 is too delicate to lend out to people that don't have to pop for new paint, scrapes, etc, they are reliable but you can bend'em real easy.)
     
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  8. bartman

    bartman Karting

    May 17, 2004
    125
    new jersey
    Full Name:
    Andrew
    I'm leasing my 355 through Premier and they were great to work with
     
  9. Tomf-1

    Tomf-1 F1 Rookie
    Silver Subscribed

    Jan 17, 2004
    4,475
    Leawood KS/ South FL
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    Thomas
    Bart, just out of curiosity...what is the approx. economic structure of leasing say a 355?
     
  10. bartman

    bartman Karting

    May 17, 2004
    125
    new jersey
    Full Name:
    Andrew
    it's a closed end lease for 60 months

    if you want number PM me and I'll give them to you
     
  11. Tomf-1

    Tomf-1 F1 Rookie
    Silver Subscribed

    Jan 17, 2004
    4,475
    Leawood KS/ South FL
    Full Name:
    Thomas
    Thanks, Bart.
    You have PM.
     
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