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Porsche Boxster Lease Questions

187 messages,  Last post on Oct 19, 2009 at 11:18 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Porsche Boxster, Car Leasing, Convertible


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#131 of 187
Finance questions? by hschultz
Feb 08, 2007 (4:56 pm)
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Can someone please help me with the current residual and money factors for both a 2007 Boxster and Boxster S? I intend to purchase (lease) within the next week.
 
I'm looking for a 24-month lease with 12k miles/year.
 
TIA,
 
hts
#132 of 187
Re: Current Porsche Boxster Lease Rates [snaproll] by Car_man HOST
Feb 15, 2007 (2:34 am)
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Replying to: snaproll (Feb 07, 2007 7:14 am)

Hi Steve. Porsche Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Boxster with a manual transmission and with 10,000 miles per year are .00310 and 61%, respectively.
 
Car_man
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#133 of 187
Re: Finance questions? [hschultz] by Car_man HOST
Feb 15, 2007 (2:36 am)
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Replying to: hschultz (Feb 08, 2007 4:56 pm)

Hello hschultz. Porsche Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Porsche Boxster with a manual transmission and with 12,000 miles per year are .00310 and 68%, respectively. The numbers for the '07 Boxster S are the same. Boxsters that are equipped with Tiptronic transmissions have residual values that are 2% lower than ones that have manual transmissions.
 
Car_man
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#134 of 187
Residual Value used in Lease Calculation by joechicago7
Feb 27, 2007 (8:57 am)
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Replying to: Car_man (Feb 15, 2007 2:36 am)

When doing the lease calculation, I should be multipling the MSRP times the residual value percentage to get the residual value.
 
Should the MSRP used be the total MSRP which includes the delivery/destination charge?
 
Thanks
#135 of 187
Re: Residual Value used in Lease Calculation [joechicago7] by kyfdx HOST
Feb 27, 2007 (9:05 am)
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Replying to: joechicago7 (Feb 27, 2007 8:57 am)

Yes.. MSRP including destination
#136 of 187
Do 30-month leases exist? by joechicago7
Feb 27, 2007 (10:45 am)
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If they do, can someone please tell me the money factor and residual value % for a Boxster, manual tran, 30 month lease, 12k miles/year.
 
Thanks a lot.
 
Joe
#137 of 187
Re: Do 30-month leases exist? [joechicago7] by Car_man HOST
Mar 19, 2007 (2:45 am)
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Replying to: joechicago7 (Feb 27, 2007 10:45 am)

Hi Joe. I don't recall ever seeing Porsche Credit residual values for 30 month leases. It may be possible for dealers to modify Porsche Credit's published lease program to provide consumers with a 30 month lease, but I am not sure. I can give you an idea of what this car's 36 month lease program is like though. Porsche Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Porsche Boxster without the Tiptronic transmission and with 12,000 miles per year are .00310 and 59%, respectively.
 
Car_man
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Prices Paid Forum
#138 of 187
Having Trouble getting a Fair Lease by joechicago7
Mar 19, 2007 (1:25 pm)
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Replying to: Car_man (Mar 19, 2007 2:45 am)

Thanks Car_man for the previous response.
 
I went to a Porsche dealership and the lease was way too high. The salesman just entered the numbers into the computer and got the lease amounts. He doesn't know or understand what the money factor is.
 
How do you negotiate leases when the salesman doesn't know how the calculations work?
 
Also, I live in Illinois which has horrible tax rules on leases so perhaps I shouldn't even try?
 
Thanks
#139 of 187
Re: Having Trouble getting a Fair Lease [joechicago7] by dhanley
Mar 19, 2007 (4:14 pm)
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Replying to: joechicago7 (Mar 19, 2007 1:25 pm)

"The salesman just entered the numbers into the computer and got the lease amounts. He doesn't know or understand what the money factor is. "
 
I'm going to guess "sales technique"--he's hoping you'll just sigh and sign the lease deal.
 
I also agree about illinois. I'd just buy here...
#140 of 187
Hopefully leasing a Boxster in So Cal in 2007. by fredrickk
Apr 03, 2007 (2:12 pm)
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Hello, all. I'm considering of leasing a regular Boxster later this year. I configured one, through Carsdirect.com, and the car comes to about $50k even (Carsdirect price). The options I'm interested are as follows:
 
Preferred Package w/ Tiptronic
Xenon Headlight package
18-inch Boxster S wheels
 
I have a somewhat decent down payment (around $6k). I'm in So Cal. Anyone leased one at around that price range? What kind of payments should I expect? Also, how's the maintainence? Thank you all very much for the information.

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