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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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#171 of 187
Re: 2007 Boxster Lease Question [guttersn1pe] by Car_man HOST
Dec 04, 2007 (2:38 am)
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Replying to: guttersn1pe (Nov 25, 2007 8:17 am)

Hi guttersn1pe. The best way to get a good deal on the Boxster that you are interested in is to negotiate as low a selling price as possible on it and then have the dealer calculate your monthly payment using its buy rate lease money factor. You can look up this car's dealer invoice price in the New Vehicle Pricing section of Edmunds.com. Once you know what the invoice price is, set a target price that is $X above it. I am not intimately familiar with what the market is like for the Boxster in your area so I can't specifically say what price to shoot for.
 
Once you have a price that you are comfortable with have the dealer use Porsche Credit's base lease program to calculate your monthly payment. Through the end of the year, its buy rate lease money factor and residual value for a 36 month lease of a 2008 Boxster S with Tiptronic and 15,000 miles per year are .00310 and 58%, respectively. If you provide me with an approximate selling price for this car, I would be happy to use this lease program to estimate what its monthly payment should be for you.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#172 of 187
Re: 2007 Boxster Lease Question [Car_man] by las3
Dec 05, 2007 (11:22 am)
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Replying to: Car_man (Dec 04, 2007 2:38 am)

What is money factor and residual for 2008 Boxster (non "S" version) for a 36 month lease with either 12,000 or 15,000 miles? thanks
#173 of 187
2008 lease questions by las3
Dec 07, 2007 (12:54 pm)
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I am new to the forum and may have posted this incorrectly as a reply to a previous post, so here are my questions again.
 
What is money factor and residual for 2008 Boxster (non "S" version) for a 36 month lease with either 12,000 or 15,000 miles? thanks
#174 of 187
Re: 2008 lease questions [las3] by Car_man HOST
Feb 01, 2008 (4:04 am)
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Replying to: las3 (Dec 07, 2007 12:54 pm)

Welcome las3. Porsche Credit's current buy rate lease money factor and residual value for a 36 month lease of a non-S 2008 Boxster without Tiptronic with 15,000 miles per year are .00290 and 61%, respectively. The residual value for a lease with only 12,000 miles per year would be 2% higher.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#175 of 187
2008 Boxster S Money Factor/Residual by bleon
Mar 18, 2008 (8:47 am)
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Car_Man,
Can you provide the current buy rate money factor and residual for a 2008 Boxster S (manual) with 10,000 miles per year for a 36 month lease? thanks.
#176 of 187
Purchase Boxster of Lease by cancun
Apr 19, 2008 (1:44 pm)
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I have a friend who is leasing a 2005 Boxster that will be coming off lease soon. How can I purchase the car from the dealer at this time ?
Does he have to purchase it and I purchase it from him ? This will cause double sales tax.
What about any warranties will they be extended ?
Will I be able to purchase any extended warranties, if so from who?
Thanks for any input at all
 
Dave
#177 of 187
Re: 2008 Boxster S Money Factor/Residual [bleon] by Car_man HOST
May 21, 2008 (2:32 am)
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Replying to: bleon (Mar 18, 2008 8:47 am)

Here's the information that you're looking for, bleon. Porsche Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Porsche Boxster S with a manual transmission and 10,000 miles per year are .00250 and 62%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#178 of 187
Car_Man can you please help me out by kyleluken
Jul 20, 2008 (5:09 pm)
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Replying to: Car_man (May 21, 2008 2:32 am)

Hello I am about to lease a boxster 2008 with the new promotional lease program. They are offering a 36 month lease for non s boxster with 10,000 miles/year with a money factor equivalent to 3.1% and a residual of 62%. The MSRP on boxster I am looking to lease is $54080.00. Without asking a question, the salesman dropped the price to $51,000.00. I wanted to know if you think this is a good deal to proceed with or should I try to haggle down another 1000 or so??? How about money factor and residual?
 
Thanks
 
It seems like you are an expert, so hopefully you will get this before tomorrow!
 
Thanks
Kyle
#179 of 187
another comment/ question from prior posting by kyleluken
Jul 20, 2008 (7:11 pm)
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Hello in above posting I said that interest rate was 3.1% but based on my calculations, it appears that the money factor is .0031. So if that is the case, is this a good deal for the promotional lease program? It seems high as it is 7.41%. The dealer told me that the special lease program had to do with a higher residual value than normal (62% in this case).
 
One final question, can you please confirm money factor and residual for 2008 boxster s currently. Is it the same as non s boxster?
 
Thanks very much
#180 of 187
Re: another comment/ question from prior posting [kyleluken] by Car_man HOST
Aug 12, 2008 (2:42 am)
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Replying to: kyleluken (Jul 20, 2008 7:11 pm)

Hi kyleluken. To the best of my knowledge, Porsche is not currently providing support on the Boxster. As a result, if you were to lease one through Porsche Credit, you would have to use its standard lease program. Porsche Credit's current standard buy rate lease money factor is .00250. This is equivalent to an interest rate of around 6%. Make sure that the dealer that you get your car from uses this factor and not the .00310 factor that you mentioned.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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