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Porsche Boxster Lease Questions

188 messages,  Last post on Nov 24, 2009 at 2:53 AM

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

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#136 of 188 Do 30-month leases exist? by joechicago7 Feb 27, 2007 (10:45 am)
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 Replies to this message: Car_man (Mar 19, 2007 2:45 am) joechicago7 (Mar 19, 2007 1:25 pm) dhanley (Mar 19, 2007 4:14 pm) Car_man (Apr 23, 2007 3:03 am)
#137 of 188 Re: Do 30-month leases exist? [joechicago7] by Car_man HOST Mar 19, 2007 (2:45 am)
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 Host Prices Paid Forum Replies to this message: joechicago7 (Mar 19, 2007 1:25 pm) dhanley (Mar 19, 2007 4:14 pm) Car_man (Apr 23, 2007 3:03 am)
#138 of 188 Having Trouble getting a Fair Lease by joechicago7 Mar 19, 2007 (1:25 pm)
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 Replies to this message: dhanley (Mar 19, 2007 4:14 pm) Car_man (Apr 23, 2007 3:03 am)
#139 of 188 Re: Having Trouble getting a Fair Lease [joechicago7] by dhanley Mar 19, 2007 (4:14 pm)
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 188 Hopefully leasing a Boxster in So Cal in 2007. by fredrickk Apr 03, 2007 (2:12 pm)
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. Replies to this message: Car_man (Apr 23, 2007 3:09 am)
#141 of 188 Re: Having Trouble getting a Fair Lease [joechicago7] by Car_man HOST Apr 23, 2007 (3:03 am)
Replying to: joechicago7 (Mar 19, 2007 1:25 pm) No problem joechicago7. It doesn't matter what the salesperson that you are working with understands. Just negotiate as low a selling price as possible on the car that you are interested in. Then have the dealer calculate its monthly payment using Porsche Credit's buy rate lease money factor. If the salesperson that you are working with doesn't understand what that is, ask for a salesperson or manager who does. You're right about Illinois having terrible sales tax rules for leased vehicles. You may want to compare the payment that you are quoted on a lease to the payment for a balloon note or a conventional finance contract.   Car_man Host Prices Paid Forum
#142 of 188 Re: Hopefully leasing a Boxster in So Cal in 2007. [fredrickk] by Car_man HOST Apr 23, 2007 (3:09 am)
Replying to: fredrickk (Apr 03, 2007 2:12 pm) Hi fredrickk. In your post you mentioned that you have $6,000 to use as a down payment for your lease. It really is not in your best interest to make a large down payment when leasing. Consumers who make large capitalized cost reductions on leased vehicles risk losing them it their car or truck is totaled in an accident or stolen and never recovered. All you have to pay at lease signing are your car's monthly payment, a security deposit equivalent to its payment rounded up to the nearest $50 increment, Porsche Credit's $745 acquisition fee, and any required state taxes or fees.   I would be happy to use Porsche Credit's current lease program to estimate what your monthly payment would be on the Boxster that you are interested in right now, but in order for me to do so I need you to provide me with both this its MSRP and its approximate selling price.   Car_man Host Prices Paid Forum
#143 of 188 2007 Boxster lease in LA by topcat3 Jun 09, 2007 (10:29 pm)
Looking to lease a 2007 Boxster through my business. Spoke to a dealer referred by costco. Here are the numbers, please let me know if they make sense.    Metallic color  Standard Leather interior  Bi-Xenon Headlamp Package  18" Boxster S Wheel  Preferred Package w/Tip   price quoted 51,365.00 lease factor .246 through US bank ($0.18/extra mile) 36 month, 25,000 miles/year 0 down, 0 drive off (all fees rolled into lease) monthly payments $1,203.14   Residual value 47% of MSRP - extra miles = $20,155   *I'm leasing through my business. 80% of lease payments are tax deductible. This is why I'm forcing depreciation with the 25K miles/year.   Can you please let me know if this is a good deal? The $51,365 price seems high to me, but how much does it matter over a 3 year lease? Do the lease numbers add up?      Thanks,   TC Replies to this message: Car_man (Jun 28, 2007 2:06 am)
#144 of 188 Porsche Boxter by ron11612002 Jun 25, 2007 (1:58 am)
hello Im not sure what car I want to Buy. But im looking at the Z4 coupe BMW and the porsche boxter. I went to the porsche website and the lease seems way too high. Plus I dont know about the service at porsche. My mom owned a bmw and the service was covered for a year. If anyone can tell me how much the lease would cost on a boxter for 3 years. If its in the 400 range, Im good but anything higher is a no go. Plus My parents are well off but no way rich.   Thanks Ron Replies to this message: Car_man (Jun 28, 2007 2:27 am)
#145 of 188 Re: 2007 Boxster lease in LA [topcat3] by Car_man HOST Jun 28, 2007 (2:06 am)
Replying to: topcat3 (Jun 09, 2007 10:29 pm) Hi topcat3. You were smart to find out the exact selling price of the Boxster that you want to lease. Do you know its MSRP as well? If so, let us know what it is. It will show us how much of a discount you are being given on this car and it will enable me to use Porsche Credit's current lease program to estimate what your monthly payment should be.   Car_man Host Prices Paid Forum

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