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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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#118 of 188 Re: Lease Pricing on 07 Boxter S [gdr1] by gdr1 Jan 14, 2007 (2:20 pm)
Replying to: gdr1 (Jan 14, 2007 7:26 am) the "in service date" of the Boxter S in message 117 is mid October "06 thanks again
#119 of 188 Re: Lease Pricing on 07 Boxter S [gdr1] by habitat1 Jan 15, 2007 (12:35 am)
Replying to: gdr1 (Jan 14, 2007 7:26 am) gdr1,   You didn't ask me, but in my opinion that would be a high price for a brand new Boxster S, let alone one that is a 1,700 mile demo.   Before buying a 911S Cab in 2005, I had considered the Boxster S. I was consistently getting quotes of 10% off for brand new in stock cars. I would expect similar pricing today. For a car with 1,700 miles, I would go for at least a 13-15% discount. But personally, I wouldn't even take that myself. I have a serious problem with a Porsche that's been a "demo" during the all important break in period. You can be virtually certain, the dealer and expert break in recommendations were NOT followed.   Just shop around and get a new one for at least $5-6k off.
#120 of 188 Lease Pricing on 07 Boxter S by gdr1 Jan 15, 2007 (9:09 am)
Thanks Habitat 1.   I do appreciate the advice. I agree and would not purchase a demo car but I am less worried about the prior break on q lease, as I will be returning the car in 3 years well within the warranty termination and mileage limit. But I wouldn't be comfortable purchasing a car "off lease" for the reason you mention.   Thanks also for your pricing impression. I agree that for a car with some mileage (and in January) a lower price is appropriate and am trying to figure out what that would be. I am not hearing the large discounts you mention from dealers I have visited - perhaps your experience was related to the big difference between the selling price of the 911 vs Boxter? Replies to this message: habitat1 (Jan 15, 2007 10:30 am)
#121 of 188 Re: Lease Pricing on 07 Boxter S [gdr1] by habitat1 Jan 15, 2007 (10:30 am)
Replying to: gdr1 (Jan 15, 2007 9:09 am) "I am not hearing the large discounts you mention from dealers I have visited - perhaps your experience was related to the big difference between the selling price of the 911 vs Boxter?"   Actually, when I was shopping (summer/fall 2005), the 997 model 911 was "hot" and the DC area dealers were hardly dicoounting. I got a new 2005 in September, as the 2006's were incoming for $10k off MSRP from a Baltimore dealer. At that time, I was being quoted $6,000 - $7,000 off a new "leftover" 2005 Boxster S, or $5,000-$6,000 a "made to order" 2006.   Getting a good deal on a Porsche definitely requires some shopping. I'd use their "dealer locator" feature to check inventories. There may also be some leftover 2006's out there that you can negotiate a good deal on.
#122 of 188 Lease Pricing on 07 Boxter S by gdr1 Jan 16, 2007 (8:15 pm)
Carman, with the encouragement of Habitat 1 I negotiated the price for the 07 Boxter S, msrp of $65,665 to $57,000 including delivery. The lease quote I received for 0 Cap cost reduction 36mo/10K miles yr is $876 including NJ 7% tax. Your view on this lease would be appreciated. I expect to pick up the car on Saturday (in 3 days).   Thanks very much Replies to this message: Car_man (Jan 24, 2007 2:24 am)
#123 of 188 Re: '07 Cayman in Feb 2007 [fistt] by Car_man HOST Jan 23, 2007 (9:43 am)
Replying to: fistt (Jan 09, 2007 5:36 pm) Hi Fistt. The dealers that you have spoken with have been very straightforward with you about this car's lease program. Porsche Credit's current 48 month buy rate lease money factor for the 2007 Porsche Cayenne S is indeed .00320. Porsche Credit's current 48 month, 10,000 mile per year residual value for this car is 55% for models without the Tiptronic transmission and 53% for models that have it.   Car_man Host Prices Paid Forum
#124 of 188 Re: Lease Pricing on 07 Boxter S [gdr1] by Car_man HOST Jan 24, 2007 (2:20 am)
Replying to: gdr1 (Jan 14, 2007 7:26 am) Hi gdr1. The problem that I have with demo vehicles is that dealers never seem to be willing to discount them enough for me to personally justify purchasing what essentially is a low mileage used vehicle over a brand new one that no one has driven before. What sort of price would you be able to get on a brand new Boxster without any miles on it? I suspect that there is a decent chance that you would be able to negotiate a very similar price on a brand new car, if not an even lower one. If so, you probably should pass on the demo.   As far as this car's lease program goes, Porsche Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Porsche Boxster S without the Tiptronic transmission with 12,000 miles per year are .00310 and 60%, respectively.   Car_man Host Prices Paid Forum
#125 of 188 Re: Lease Pricing on 07 Boxter S [gdr1] by Car_man HOST Jan 24, 2007 (2:24 am)
Replying to: gdr1 (Jan 16, 2007 8:15 pm) Wow, gdr1. Congratulations on negotiating a much better selling price. This looks like a pretty good price for this car to me. Just make sure to have the dealer use the aforementioned lease program to calculate your car's monthly payment and you're in business. Porsche Credit's 10,000 mile per year residual value is 1% higher than its 12,000 mile per year residual.   Car_man Host Prices Paid Forum
#126 of 188 Residual Value(%) on a 2003 Boxster S by skwr Feb 01, 2007 (6:46 pm)
Car_Man I would appreciate your opinion on the residual value of a 2003 Boxster S that msrp'd in 2003 for $57790. I am buying the car from the original owner and it is either a case of he had a 36 month lease and paid x to keep it and wants his resid back on sale or it is a 48 month lease coming due in October and he will want his resid paid. I would like to be able to approx his resid so I know where his point of pain is. btw car has only 6000 miles....Thanks much! Replies to this message: kyfdx (Feb 01, 2007 6:54 pm) skwr (Feb 06, 2007 5:52 pm) kyfdx (Feb 06, 2007 7:18 pm)
#127 of 188 Re: Residual Value(%) on a 2003 Boxster S [skwr] by kyfdx HOST Feb 01, 2007 (6:54 pm)
Replying to: skwr (Feb 01, 2007 6:46 pm) Hey... did a little research... None of these posts are exactly what you are looking for, but they come close.. Just note the dates on the posts... you'll have to extrapolate from there..   One note... Are you sure he didn't do a 60 month lease, starting in October, 2002?   Car_man, "Lease Questions - Ask Here" #7195, 10 Jul 2003 4:06 am   Car_man, "Lease Questions - Ask Here" #6070, 1 Apr 2003 4:28 am!keywords=allin%3Amsgtext%20limit%3A.ee9394d%202003%20boxster   Car_man, "Lease Questions - Ask Here" #4670, 24 Sep 2002 3:59 am!keywords=allin%3Amsgtext%20limit%3A.ee9394d%202003%20boxster Replies to this message: skwr (Feb 06, 2007 5:52 pm) kyfdx (Feb 06, 2007 7:18 pm)

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