Porsche Boxster Lease Questions

286 messages,  Last post on May 15, 2013 at 3:03 PM

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

#238 of 286 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

#239 of 286 Re: Questions on 2011 and 2012 Spyder w/ PDK [Car_man] by spyder_nick

May 23, 2011 (11:05 pm)

Replying to: Car_man (Mar 20, 2011 4:52 pm)
Hi Car Man,
 
Do you know what the May 2011 residual and money factor are for a Porsche Boxster Spyder, 36 months, 10K miles?
 
Also, what is the "base rate" money factor, exactly? Is that the same as the "buy rate"? I am interested in knowing the buy rate.
 
Thanks!
 
Nick

#240 of 286 Re: Questions on 2011 and 2012 Spyder w/ PDK [spyder_nick] by Car_man HOST

May 30, 2011 (4:37 pm)

Replying to: spyder_nick (May 23, 2011 11:05 pm)
Greetings Nick. Porsche Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2011 Porsche Boxster Spyder with 10,000 miles per year are .00118 and 54%, respectively for consumers who qualify for its top credit tier.
 
The terms "base rate" and "buy rate" are synonyms.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#241 of 286 Re: Questions on 2011 and 2012 Spyder w/ PDK [Car_man] by gummybear

Jun 07, 2011 (7:16 am)

Replying to: Car_man (May 30, 2011 4:37 pm)
Does anyone know if this PFS 2011 Spyder lease program (36mo/10K/54%/.00118) is available for a 2011 that is being sold used w/CPO by a Porsche dealership?
 
fwiw, I was able to do this in 2008 with a used '08 C4S (had ~2K miles) from a Porsche dealership with a PFS lease. I'm wondering if the PFS programs generally apply to current model year vehicles even if they're used.
 
tia for clarification.

#242 of 286 Residual difference on Boxster S for 2011 vs 2012 by lopezunwired

Jun 12, 2011 (1:27 pm)

Car_man - do you know the residual differences between the 2 model years? There is still quite a bit of 2011 inventory but if I want to lease, wouldn't it be better to go with a 2012?
 
thanks!

#243 of 286 Re: Questions on 2011 and 2012 Spyder w/ PDK [gummybear] by Car_man HOST

Jun 16, 2011 (3:26 pm)

Replying to: gummybear (Jun 07, 2011 7:16 am)
Hi gummybear. Unfortunately, the special lease program that Porsche is running on the Boxster right now is only available on new, untitled units. CPO vehicles would not be eligible for the program, you can still lease a used one...just not using this money factor.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#244 of 286 Re: Residual difference on Boxster S for 2011 vs 2012 [lopezunwired] by Car_man HOST

Jun 16, 2011 (3:31 pm)

Replying to: lopezunwired (Jun 12, 2011 1:27 pm)
Hi lopezunwired. Porsche Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2011 Boxster S with 15,000 miles per year are .00118 and 53%, respectively for consumers who qualify for its top credit tiers.
 
The numbers for an otherwise identical 2012 model are .00118 and 53%...interestingly exactly the same.
 
I suspect that the dealers would just charge more for the 2012 model, making it more expensive to lease.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#245 of 286 Re: Residual difference on Boxster S for 2011 vs 2012 [Car_man] by spyder_nick

Jul 07, 2011 (11:43 am)

Replying to: Car_man (Jun 16, 2011 3:31 pm)
Car man,
 
Any word on the lease rates for July 2011 -- I'm looking at a 2012 Boxster Spyder, 36 month lease and 10K miles per year. Would like to know the buy rate money factor and residual. (Note: although Spyders won't be made in 2012, I'm told mine will be considered a model year 2012 because it was a June production).
 
Thanks!

#246 of 286 Boxster s by ifxgums

Jul 07, 2011 (11:11 pm)

I am looking at leasing a 2012 boxster s and I have been quoted a money factor of .00158 and a residual of 35721. The msrp is 66150. Does that sound right?

#247 of 286 Re: Residual difference on Boxster S for 2011 vs 2012 [spyder_nick] by Car_man HOST

Jul 14, 2011 (4:32 pm)

Replying to: spyder_nick (Jul 07, 2011 11:43 am)
Hey spyder_nick. Porsche Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2012 Boxster Spyder with 10,000 miles per year are .00118 and 54%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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