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Porsche 911 Lease Questions

245 messages,  Last post on Dec 05, 2009 at 6:33 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Porsche 911, Car Leasing, Car Buying, Coupe, Convertible


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#2 of 245
06 Porsche 911 Carrera S 6 speed by jlukawitz1
May 29, 2006 (2:35 pm)
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I ordered a '06 911 Carrera S 6-spd that is arriving this week. I want to lease either for 36 months/15k a year, or 48 months/15k a year. Can you tell me what the residual rate for the 2, as well as the money factor. I was quote 45% and 4.5 for a 4 year lease, but this seems high.
 
Any help you can offer is great.
 
Thanks.
#3 of 245
Re: 06 Porsche 911 Carrera S 6 speed [jlukawitz1] by Car_man HOST
Jun 01, 2006 (1:53 am)
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Replying to: jlukawitz1 (May 29, 2006 2:35 pm)

Hi jlukawitz1. If you were to lease a 2006 Porsche 911 Coupe S through Porsche Credit right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00290 and 53%, respectively. The numbers for an otherwise identical 48 month lease should be .00300 and 45%.
 
Car_man
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#4 of 245
Re: 06 Porsche 911 Carrera S 6 speed [Car_man] by JingleJill
Jul 03, 2006 (9:28 am)
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Replying to: Car_man (Jun 01, 2006 1:53 am)

Hey Mr. Car_Man,
 
I'm looking at gently used 2003 911... Can you tell me what the going lease numbers are for 36 months at 15,000 miles per year?
 
I am a traditional finance person, so leasing is a whole new ballgame to me. Care to assist so I don't get hammered?
 
Thank you,
 
Stacy
#5 of 245
Porsche 911 Cab lease by roadking1
Aug 20, 2006 (4:45 pm)
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Car-man -
 
Looking to lease a 2006 or 07 997 Cab. Non S car. Looking at 24 or 36 mos, 10K annual miles. What should I be paying. Minimum down. 24mos - Dealer is hitting me at .73 resid on an 07, money factor of .00365. Thanks, Bill
#6 of 245
Re: 06 Porsche 911 Carrera S 6 speed [JingleJill] by Car_man HOST
Sep 28, 2006 (2:02 am)
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Replying to: JingleJill (Jul 03, 2006 9:28 am)

Hey Stacy. Unfortunately, I don't keep tabs on used vehicle lease programs. The reasons that I do not are that they are much less popular than new vehicle leases and there are so many variables, like vehicle mileage, condition, etc. that have an impact upon used vehicle lease programs that it is a ton of data to keep track of. Sorry that I could not be of more help.
 
Since you are new to the world of leasing, I can at least point you in the direction of some articles that are available here on Edmunds.com that will help you understand how it works. You definitely should check them out prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
Car_man
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Prices Paid Forum
#7 of 245
Re: Porsche 911 Cab lease [roadking1] by Car_man HOST
Sep 28, 2006 (2:06 am)
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Replying to: roadking1 (Aug 20, 2006 4:45 pm)

Hi roadking1. Porsche Credit's current buy rate lease money factor for all leases is .00310. If you are being charges a higher money factor than this, chances are that the dealer you are working with is marking your car's buy rate up to add additional back-end profit to your deal. This is a fairly common practice amongst luxury brand dealers. Now that you know what your car's buy rate is, you may be able to get the dealer that you are working with to use it to calculate your car's monthly payment. I would be happy to tell you approximately what that payment should be if you provide me with the full MSRP and approximate selling price of the car that you are interested in.
 
Car_man
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#9 of 245
2007 C2S Lease Rates / Residuals by jkwireless
Oct 17, 2006 (10:25 am)
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Greetings,
 
I have a 2007 C2S Coupe Tiptronic arriving at a dealership later this week and wanted to do some homework on residuals and competitive lease rates before I arrive at the dealership to finalize. I tried to obtain a quote from LeaseWizard, but they replied that ALG hasn't posted residuals for the 2007 models as of yet. Does anybody have access to this information and may be able to post?
 
I am looking at leasing for either 36 or 48 months with 15,000 (maybe 12K).
 
Thanks for any assistance!
#10 of 245
Re: MF for a new 2006 911 C2S? [ceperry] by wantabentley
Oct 18, 2006 (9:15 pm)
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my experience is that car companies offer better residuals and/or money factors for cars they want to move. so it is logical that the 2006 would have a better mf but it should also have a better cap cost as well bcs it is a 2006 and the 2007s are hitting the dealerships.
#11 of 245
Re: MF for a new 2006 911 C2S? [ceperry] by Car_man HOST
Oct 22, 2006 (3:10 pm)
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Hey Christina. Yes, Porsche Credit's buy rate lease money factor is the same for 2007 and 2006 models (it's the .00310 that you mentioned). The dealers that you spoke with are probably trying to take advantage of the fact that consumers would rather have a 2007 model than a 2006 model and the fact that the '07s have higher residual values right now by marking up Porsche Credit's buy rate on 2007 models.
 
Car_man
Host
Prices Paid Forum

 
P.S. I had to delete your original post because it contained masked profanity, which violates the Edmunds.com Forums' membership agreement.

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