How much it costs per month to lease a $3 million Pagani sports car (2024)
A Pagani Huayra Roadster is expensive — the price starts at $2.6 million. If you don't have that kind of cash upfront, you can lease one, but that's not cheap either.
"The majority of our clients are going ahead and writing a check to buy the car on the spot," Brett David, CEO of Prestige Imports Motor Group, an exotic car dealer in Miami, Florida, tells CNBC Make It.
"We have yet to see a lease or finance on a million-dollar car," he says. But "if you want to lease the vehicle, that's something we can handle."
David says for the $3.2 million Pagani Huayra Roaster Prestige has in stock, the down payment would be $800,000. That's more than twice the average sales price of a new home in the U.S. in August 2018 ($388,400, according to the Census Bureau).
Additionally, it would be a 60-month lease term at $35,000 a month. (The median household income in the U.S. in 2017 was $60,336, according to the Census Bureau.)
When a car is leased at most car companies, the lessee brings the car back to the dealer at the end of the term to pay the residual to own it or lease a newer model. Prestige Imports offers a finance lease, which means the lessee can end the lease early or extend it but they are ultimately responsible for buying the car at the end of the term.
At the end of the 60-month term for the Pagani, there will be a residual of $1.2 million, which the lessee would pay outright or refinance the total.
Pagani Huayra
Source: Pagani Automobili
To give an idea of how expensive leasing a Pagani is, a lease for a 2019 Toyota Corolla LE at Toyota West in Columbus, Ohio is $248 a month for 36 months with no down payment, which is typical for this type of car. The car costs $20,304.
Leasing a multimillion-dollar car is not common, according to David, since most such cars are investments; unlike regular cars, they are not a depreciating asset, he says. Paganis, for example, grow in value. "The production of these cars is so low that it is very difficult to get a chance to have an allocation, therefore, the value of the cars does not fall," according to David.
"Six people are on the waiting list for the Roadster here," he says.
Pagani Huayra Roadster is the latest version of Pagani Huayra. Only 100 cars have been made in the world to date. The factory only makes 30 cars per year, each car taking eight to 10 months to build, according to David. The Pagani Huaryua Roadster can reach speeds upwards of 238 miles per hour and it can go from zero to 60 miles per hour in 2.8 seconds.
And buyers can custom design their own Paganis.
"One customer I had wanted to design the car after his fiance. The exterior of the car was the color of her hair. It was like a blonde-ish look with a hint of pink, and he named the vehicle 'Sarafina' after her." The car cost $1.7 million.
"Everyone who buys the car has the option to go to the factory in Italy and meet the owner, Horacio Pagani" too, says David. "He's a living legend, sort of like Enzo Ferrari. Part of the experience is becoming part of the Pagani family and going to the factory and designing your car with them."
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The Pagani Huayra (Italian pronunciation: [ˈwaira]) is a mid-engine sports car produced by Italian sports car manufacturer Pagani, succeeding the company's previous offering, the Zonda.
Roaster Prestige has in stock, the down payment would be $800,000. That's more than twice the average sales price of a new home in the U.S. in August 2018 ($388,400, according to the Census Bureau). Additionally, it would be a 60-month lease term at $35,000 a month.
Fans of the Pagani Huayra Roadster who can't quite stretch to the hypercar's $2.4 million asking price can now get a taste of the car's stunning power and performance by renting it out for a relatively modest $25,000 per month.
In the case of Putnam Leasing, which sits half a mile down the road from Miller Motorcars of Greenwich, Connecticut—one of very few U.S. Pagani dealers—a “lease” will get you into a Huayra roadster for $700,000 down and $25,339 per month for 60 months.
The $2.4 million (starting price) Pagani Huayra Roadster is now available through such a transaction — and it is the most expensive new car lease in history.
The Pagani Huayra is illegal in the US because it doesn't meet the stringent NHTSA guidelines. More specifically just one guideline about airbags. It was missing out on an advanced feature that allows airbags to be deployed in a controlled manner when children are seated in the passenger seat.
Three thousand miles west, at the opening of the Newport Beach Pagani dealership last month in California, company founder Horacio Pagani himself told me the average age of his customers is “more toward 30 or 35 years old—even in the 20s, in some cases.”
With that all out of the way, how much does it cost to lease a one-year-old Bugatti Chiron? $65,960 per month for 24 months. That dips by another $10,000 or so if he goes to a 36-month lease, but either way, that's an insane amount of money. For comparison's sake, the US median income for 2019 was $68,703.
The most affordable Pagani Car available in India is Pagani Huayra . The price for the same starts from ₹16.21 Crore and goes up to ₹18.25 Crore. Moreover, Pagani Huayra is offered in 8 variants including .
Pagani cars are known to be one of the most expensive cars, as they are sold at a starting price exceeding one million dollars, but what makes them so expensive? Well, firstly, Pagani cars are handmade in Italy. Every single car is made by a team of highly skilled craftsmen, which takes a lot of time and effort.
Insurance companies consider the Zonda to be in the same group as the Bugatti Veyron and McLaren F1, so expect insurance costs to be at minimum $10,000 annually after you have moved your entire insurance relationship to that provider. Owners report an average of 15-17mpg.
The F40 has better acceleration, making it faster and the Pagani being right behind. F40 is 3rd fastest followed by the Pagani. However the Pagani does have better handling. The Huayra is faster but harder to control.
They may be willing to negotiate with you for lower payments, lower upfront costs, and optional equipment. October - Everyone is excited to see the new models, so take advantage of this excitement and make a deal on a leftover model.
But what about the acquisition methods employed by America's millionaires? According to my national survey database of millionaires, overall only 11.3% [about 1 in 9] leased their most recently acquired vehicle. Also, only 13.8% of millionaires indicated that they leased a Mercedes-Benz [Toyota 8.0%].
A score between 620 and 679 is near ideal and a score between 680 and 739 is considered ideal by most automotive dealerships. If you have a score above 680, you are likely to receive appealing lease offers. However, if your score is below 660, you still have a 22 percent chance of earning acceptance.
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