Last post on Dec 08, 2013 at 5:50 PM
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Porsche 911, Car Leasing, Car Buying, Coupe, Convertible
#101 of 688 Re: 911 2008 [vwguild1]
Aug 16, 2007 (2:17 pm)
Yes, I talked to the salesperson who sold me my 2006 C2S, recently , and he related that the number of cars being shipped and available build slots for the " S" have been greatly decreased by Porsche ( 997 )... ( I live in North County San Diego, CA ). With the flush pockets that Porsche now has and the complaints about the excess production ( thereby increased depreciation ) in previous years ( 996 ), maybe Porsche is protecting my investment.. I hope so.
#102 of 688 Re: 911 2008 [chrmdome]
Aug 16, 2007 (5:53 pm)
But that theory does not check out in the world Porsche sales and production figures, which are at record highs. The Cayman was a profit makerits first year at 18,000 units and they made 28,000. That is why there is a heavy inventory of Caymans. The huge increase of production and shipment to the USA while 911's are elsewhere. The current shortage at the US dealer lots I am told is for diversion of shipments to markets Porsche previously ignored, such as China. That holds the discount on the 911 to 6-7% It also props up the immediate past model year resale to more than dealer cost.
#103 of 688 Re: 911 2008 [ringleader6]
Aug 17, 2007 (6:43 am)
I'm okay with that, I'm just concerned about the glut that took place in the Southern California market with the 996 and the large fall in the value of the car on resale, hoping that that doesn't happen with the 997. I would guess that the 997S, whether cab or coupe , would be the most sought after model in the line due to it's performance and price. Common knowledge that the 996 didn't holds its' value and the complaints that followed did not fall on deaf ears at Porsche. Wonder what the inventory at Porsche of the Secret City in China is like....2 cars? But your point is well taken..
#104 of 688 '08 Carrera November Lease Rates - Carman
Nov 21, 2007 (8:42 pm)
Hello Carman, could you kindly provide the November Lease MF and Residual for an '08 Carrera for 36/10K, 36/12K, 39/10, and 39/12K. Additional what is the acquisition fee. Finally can you confirm the percentage of mark-up on the vehicle and what a reasonable discount would be. Many Thanks.
#105 of 688 Re: '08 Carrera November Lease Rates - Carman [kerb]
Dec 04, 2007 (2:16 am)
Hello kerb. Through the end of the year, Porsche Credit's buy rate lease money factor and residual value for a 36 month lease of a 2008 Porsche 911 Carrera without the Tiptronic transmission or X51 options with 12,000 miles per year are .00310 and 54%, respectively. The numbers for an otherwise identical 39 month lease are .00310 and 53%. This car's 10,000 mile per year residual values are 1% higher. Porsche Credit charges a $745 acquisition fee on every vehicle that it leases.
You should be able to find this car's dealer invoice price by looking it up in the New Vehicle Pricing section of Edmunds.com. Unfortunately, I am not intimately familiar with what the market is like for this car right now so I can't give you an idea of what sort of price to aim for.
Prices Paid: Buying & Leasing Experiences Forum
#106 of 688 Re: '08 Carrera November Lease Rates - Carman [Car_man]
Dec 27, 2007 (9:27 pm)
So I can get a 4.4% lease rate from my bank for 36mos. I see that Porsche is about 7.5% will I lose anything by going with my bank? I'm looking at a 911 cab, base with no addons(87000ish).
#107 of 688 Re: '08 Carrera November Lease Rates - Carman [matthewdb]
Dec 27, 2007 (10:13 pm)
Matthew, if you don't mind my asking - what Bank are you going through and what is their residual and acquisition fee.
#108 of 688 Re: '08 Carrera November Lease Rates - Carman [kerb]
Dec 28, 2007 (12:30 am)
I havent gone that far yet, in fact I don't plan on doing my lease until April at the earliest(I like dreaming). My bank is Navy Federal Credit Union. They seem to give very good rates, unfortunately if you were never in the Navy or are not married to someone in it you can't become a member. (Well at least as far as I know, I don't pay much attention to it anymore.)
#109 of 688 Re: '08 Carrera November Lease Rates - Carman [kerb]
Dec 28, 2007 (1:22 am)
Ok I talked to bank, but it was an operator that was not part of the leasing dept(too late at night). However, she was helpful enough. For 90,000 and 36mos, she quoted 4.9% and .59 residual, and acquisition fee of 1868(!). One thing to note, she was only able to input the year 2006, which could explain the discrepancy of the 4.4 I quoted you earlier and the large acquisition fee. I'll talk to the leasing dept tomorrow to see if it changes.
#110 of 688 Re: '08 Carrera November Lease Rates - Carman [matthewdb]
Dec 28, 2007 (6:58 am)
My '08 Carrera is slated for February production, as such, I do not expect delivery until late March early April. Porsche Financial will not allow rate locks in excess of 30 days, as such, I expect their residuals to drop even further and am hoping that their money factor will drop as well. Unfortunately, I have no ties to the Navy - hence I can forget about those nice money factors you mentioned. Thanks for keeping me updated.