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Porsche Boxster Lease Questions

287 messages,  Last post on May 22, 2013 at 4:22 AM

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

Messages Page 24 of 29

#229 of 287 Re: Porsche Factory Demo [davejh] by Car_man HOST

Oct 26, 2010 (4:18 am)

Replying to: davejh (Oct 20, 2010 9:54 pm)
Hey Dave. Demo vehicles are typically still eligible for new vehicle lease programs. As knk said though one has to check with the dealer that has the vehicle to be certain.
 
Porsche Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2010 Porsche Boxster S with 15,000 miles per year are .00118 and 53%, respectively.
 
The cash incentive should still apply.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#230 of 287 Re: Porsche Factory Demo [davejh] by knk

Oct 26, 2010 (7:16 am)

Replying to: davejh (Oct 21, 2010 5:33 pm)
Dave, I'm speculating a bit here, but I think it depends on whether the dealer is selling the car as a new car or a used car. If it's a new car, then the MSRP is what it is on the sticker -- it doesn't change. If it's a used car, there is no MSRP. If it's a new car and the current PFS lease term package for 2010s applies to the car (I would ask the dealer), then you're going to calculate the residual off of the MSRP just like any new car lease. PFS has completely different lease terms for used cars, which are likely not going to be anywhere near as good as the current new car terms on the 2010s.
 
It really comes down to whether the current PFS lease terms apply to the car. In my limited experience, if a car was a demo or an executive car or has significant miles, the only way you're going to know that is just to call up the dealer who has the car and ask.
 
The other issue you want to ask about these cars that have significant mileage is whether the car has been "punched" -- i.e., whether the warranty has already started to run. If you're doing a three year lease, it's something to think about.

#231 of 287 Lease by karter9977

Dec 03, 2010 (6:13 pm)

Looking at a 2010 Boxster with PDK. Msrp around $57,000. 36 months, 10k miles.
 
The money factor I was quoted was 0.00265. Is this the going rate?
 
Thanks,
 

#232 of 287 Re: Lease [karter9977] by Car_man HOST

Dec 14, 2010 (7:29 pm)

Replying to: karter9977 (Dec 03, 2010 6:13 pm)
Hi karter9977. According to the latest information that I have seen, Porsche Financial Services current buy rate lease money factor on the 2010 Boxster is .00118. That's a lot lower than what you were quoted. I would ask the dealer why there is such a discrepancy.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#233 of 287 New January 2011 lease info from PFS by easy87

Jan 06, 2011 (10:42 am)

Does anyone know what the new money factor is from PFS for January, 2011? They were suppose to release it yesterday. I am hoping they keep it at .00118 or even lower it.

#234 of 287 Re: New January 2011 lease info from PFS [easy87] by Car_man HOST

Jan 13, 2011 (5:31 pm)

Replying to: easy87 (Jan 06, 2011 10:42 am)
Here's the information that you're looking for, easy87.
 
Porsche Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a 2011 Boxster with 15,000 miles per year are .00118 and 54%, respectively (as you were hoping ).
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#235 of 287 Re: New February 2011 lease info from PFS [Car_man] by stevesher

Feb 11, 2011 (1:15 am)

Replying to: Car_man (Jan 13, 2011 5:31 pm)
Looking at Boxster S and Spyder PDK models - 56K and 69K (sticker prices). Was thinking about a 24 month lease, but see on the forum PFS is driving people into the 3 years based on residual value. 10.000 miles year is what I looking at.
 
Are they doing the $2000 incentive still and what kind of money rates are we at now? Any idea of APR's for these?
 
I've never leased a car, let alone a Porsche, so any dealer recommendations in central NJ would be helpful also.

#236 of 287 Re: New February 2011 lease info from PFS [stevesher] by Car_man HOST

Feb 14, 2011 (5:43 pm)

Replying to: stevesher (Feb 11, 2011 1:15 am)
Hi stevesher. I don't think that Porsche is currently providing any cash incentives on the 2011 Boxster. Have you heard differently?
 
According to the latest information that I have seen, Porsche Financial Services' current buy rate money factor for a 36 month lease of any 2011 Boxster is .00118.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#237 of 287 Questions on 2011 and 2012 Spyder w/ PDK by daisony

Mar 02, 2011 (9:46 pm)

I'm new to the forum and just learning about leasing, so I have lots of questions and hoping someone could help me out.
 
I'm looking at a 2011 Spyder PDK ($73,745 sticker; $65,695 invoice)...PFS quoted money factor of 0.001180 and residual at 53% for 10k miles over 36 months.
 
1. Does anyone know of any hidden incentives on the 2011 Spyder? What are good resources for finding incentives, besides edmunds and kbb?
 
2. How much over invoice are people paying today?
 
3. How does money factor change as a function of lease period (say increase to 48 or 60 months)?
 
4. How does money factor change as a function of mileage (say increase to 12k or 15k)?
 
5. What are the residuals for 48 and 60 months corresponding to 10k miles? 12k miles? 15k miles?
 
6. Some dealers suggested I order a 2012 model. Is there any benefit from leasing standpoint to lease a 2012 vs. 2011 model given 1+ year for depreciation? In other words, would the residual value go up as a result?
 
Thanks in advance for your help!

#238 of 287 Re: Questions on 2011 and 2012 Spyder w/ PDK [daisony] by Car_man HOST

Mar 20, 2011 (4:52 pm)

Replying to: daisony (Mar 02, 2011 9:46 pm)
Hi daisony. The money factor that you were quoted is right in line with Porsche Financial Services' current buy rate for this model. That is a good thing because it means that the dealer is not attempting to mark your car's factor up to bake additional hidden profit into your deal.
 
I am not aware of any cash incentives on the '11 Boxster right now.
 
The special money factor that you are taking advantage of is only available for up to 36 months. If you want to lease for 48 or 60 months, this car's money factor would jump to .00220.
 
PFS' 48 and 60 month residual values for an '11 Boxster Spyder MT with 15,000 miles per year are 39% and 32%.
 
If you were to lease with only 12,000 miles per year, this car's residual values would be 2% higher.
 
The residual value for a 2012 model would likely be higher, but I doubt that Porsche is providing lease support on any '12s right now, so its money factors would be higher as well.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 24 of 29

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