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Porsche Boxster Lease Questions

188 messages,  Last post on Nov 24, 2009 at 2:53 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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#155 of 188 Re: 911 lease rates [psmd] by Car_man HOST Aug 06, 2007 (1:43 am)
Replying to: psmd (Jul 12, 2007 6:50 am) Here's the info that you're looking for, psmd. Porsche Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Porsche 911 C4S Cabriolet with Tip and 15,000 miles per year are .00310 and 51%, respectively. The residual value for an otherwise identical lease with only 12,000 miles per year would be 2% higher. 15,000 miles per year is the highest mileage allowance that Porsche Credit publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the scheduled end of your deal and have to pay an excess mileage penalty.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#156 of 188 Re: Box S 2007- lots of fun [heusler] by Car_man HOST Aug 06, 2007 (1:49 am)
Replying to: heusler (Jul 26, 2007 6:49 am) Congratulations on your new Boxster, heusler. This particular discussion is for community members to discuss leasing one. You will probably have better luck getting information on the break-in period for your car in the following discussion: "Boxster and Boxster S". Also, don't forget to stop by the new Edmunds.com Dealer Ratings & Reviews section to share your thoughts on your dealer experience.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#157 of 188 Re: 2008 Boxster Lease [wmsc998] by Car_man HOST Aug 06, 2007 (1:52 am)
Replying to: wmsc998 (Aug 03, 2007 12:17 pm) Hi Michael. As you suspected, Porsche Credit's current buy rate lease money factor for a lease of all of its models is currently .00310 for consumers who qualify for its top credit tier. Your lease payment for this car will vary quite a bit depending upon how long you lease it for and what mileage allowance you need. If you provide me with both of these variables, I should be able to give you an idea of what sort of monthly payment to expect.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: wmsc998 (Aug 06, 2007 4:44 am) Car_man (Sep 14, 2007 1:39 am)
#158 of 188 Re: 2008 Boxster Lease [Car_man] by wmsc998 Aug 06, 2007 (4:44 am)
Replying to: Car_man (Aug 06, 2007 1:52 am) Thank you Car_man,   Lease term would be 36 months and miles would be 15,000. What is the residual percentage? 60%?   Congratulations redsoxgirl you are a much better neotiator than I... Replies to this message: Car_man (Sep 14, 2007 1:39 am)
#159 of 188 2008 Porsche Boxster Lease by oncalldoc Aug 14, 2007 (1:24 pm)
I will be completing a lease contract on a 2004 Boxster at the end of this year and am interested in a 2008 model. Assuming a 48 month lease period, standard mileage allowance, no additional options, and top credit tier, what monthly payment range would be considered optimal for me as a repeat customer?   Thanks, The Doc Replies to this message: Car_man (Sep 14, 2007 1:45 am)
#160 of 188 Lease rates by thewyz Sep 04, 2007 (9:45 am)
Hi   I have leased based on advice on these forums and have been very pleased - thanks! Car man - can you help with current residual and money factor numbers?   I have no experience with negotiating on a Porsche - can expect to get about $1k above invoice? I plan to lease for 24 or 36 months based on best rate and need just 10k miles per year.   Any help/advice would be much appreciated.   Thanks Replies to this message: Car_man (Sep 14, 2007 1:58 am)
#161 of 188 Re: 2008 Boxster Lease [wmsc998] by Car_man HOST Sep 14, 2007 (1:39 am)
Replying to: wmsc998 (Aug 06, 2007 4:44 am) No problem, wmsc998. Porsche Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Porsche Boxster without Tiptronic and with 15,000 miles per year are .00310 and 55%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#162 of 188 Re: 2008 Porsche Boxster Lease [oncalldoc] by Car_man HOST Sep 14, 2007 (1:45 am)
Replying to: oncalldoc (Aug 14, 2007 1:24 pm) What's up Doc? Unfortunately, the fact that you are a loyal Porsche customer will not have much impact upon your ability to get a good deal on the new Boxster that you are interested in. Porsche is not currently running any special loyalty promotions that I am aware of. You may be able to negotiate a slightly better selling price than someone off the street would be able to get if you have a good relationship with a specific dealer, but they aren't going to sell you a car for much less than they could sell it to anyone else.   I would be happy to estimate what sort of monthly payment you should expect to pay for the car that you are interested in. However, since there is so much variability in Porsche's pricing because of the long list of options that it offers, it would be easier for me to give you an accurate payment estimate if you were able to provide me with at least this car's full MSRP and ideally its approximate selling price as well first. Let me know what these numbers are and I will use Porsche Credit's current lease program to estimate what your monthly payment should be.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#163 of 188 Re: Lease rates [thewyz] by Car_man HOST Sep 14, 2007 (1:58 am)
Replying to: thewyz (Sep 04, 2007 9:45 am) You're very welcome, thewyz. Here's the information that you're looking for. Porsche Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Porsche Boxster without Tiptronic and with 10,000 miles per year are .00310 and 65%, respectively. The numbers for an otherwise identical 36 month lease are .00310 and 58%.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#164 of 188 2005 Boxster by davmiksal Sep 15, 2007 (12:12 pm)
Due to a wrinkle in NY law, in 2005 Porsche was not writing leases, so I purchased it with a balloon so the effect is essentially the same. The term started at the end of January, 2005. The payoff amount now is $28,566 and at the end of the term it will be $25,083. I had a mileage allowance of 45K and the odometer is about there right now. I don't know what the excess mileage charge will be, so I can't figure out if I should trade it in now (per blue book the trade in value is $26,875) and pay the difference between $28,566 and $26,875, or wait until the end of the term and pay the extra mileage fee. Any information would be appreciated.

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