How to lease a multimillion-dollar car from Ferrari, Bugatti, Porsche - Business Insider

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You can lease a multimillion-dollar Ferrari, if you can afford $520,000 down and $26,000 per month

story, Putnam Leasing founder and CEO Steven Posner said most don't actually know that they can lease the cars they win at auctions.

"The program that we have isn't like a traditional closed-end lease where you give it back at the end of the lease, like a new Mercedes or a new Ford or a new Chevy," Posner told the outlet. "Those closed-end programs go for three years, you return it and walk away. Putnam specializes in an open-ended lease-to-own program. It has all the financial beauty of a lease, the tax benefits. It's, in essence, like a balloon note finance, although it's a lease.

A 2003 Ferrari Enzo is valued at $2.6 million, Lux Exposé writes. Putnam Leasing's terms ask for $520,000 as a down payment and then $25,689 per month for 60 months after that, plus tax. Without knowing how much those taxes would amount to, that works out to about $2 million over the course of the lease for the Enzo. LesseesKeep scrolling to see Putnam Leasing's other options for the Geared Online auction, if you want a taste of how luxury leasing works.This 1938 Bugatti Type 57 Cabriolet has a $1.6 million valuation. Putnam Leasing's terms ask for a $220,000 down payment and then $16,049 a month for 60 months after that, plus tax.

 

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I will have to convince the wife,I will get back to you

I would rather buy an F California

For 26000k i could have like 50k square ft Ferrari trippin 26k

Just let me move some money around and see...okaaaaaay How much for a Hotwheel version?

A cla 45s amg would run circles around this car and at a fraction of the price $ 54 000. Who would be this extravagant?

So moronic

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