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Prices Paid: Buying & Leasing Experiences Porsche 911 Lease Questions
242 messages, Last post on Dec 03, 2009 at 1:56 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: ocautoseeker (Jan 20, 2008 12:36 am) Thx.
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Replying to: kerb (Jan 20, 2008 8:52 am)
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Replying to: ocautoseeker (Jan 20, 2008 8:07 pm)
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Replying to: kerb (Jan 20, 2008 10:03 pm)
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Replying to: ocautoseeker (Jan 21, 2008 12:28 am)
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Replying to: kerb (Jan 21, 2008 6:51 am) "It looks like the rate is now .00300 with a 61% residual value. Through LeaseCompare.com we can do a .00208 factor with a 55% residual value. This could save you close to $40 a month and give you over $3,300 in more equity at the end of the lease." http://www.leasecompare.com/quick_lease_quotes.php?ZipCode=45227&ModelYear=2008&- MakeID=680&ModelID=133&StyleID=109&vehicle=2008+Porsche+911+Carrera++&SessionID=- 804314&SelectedTerm=36&QuickQuote=-1 It still appears that the numbers the dealer quoted you were the best. If they are true to their word, jump on it!
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Replying to: ocautoseeker (Jan 21, 2008 9:25 pm) Thx.
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Replying to: kerb (Jan 21, 2008 9:34 pm) Not sure what the secondary lender's acq fee is, as I received the numbers through an alternate source. I simply copied and pasted the response I got from one of my contacts, so I just assumed it was correct. After checking it over though, the numbers are off. The first residual of 61% looks like it could be for 15k and the second one of 55% looks like it's for 12k. I'll see if I can patch this up for you tomorrow. I feel like I haven't helped you on this matter, only made it more complex. Either way though, I don't believe the mf is going to get any better than what you were quoted. Plus, the dealer has no reason to lie about the residual, which is evident as our initial numbers were spot on, except for being off 1% on the 39/10k residual. |
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Hi Everyone, I am in Boston and am looking to lease a 911 in the next month or two. I have spoken to a few different dealers and when I ask for residual values they give me different residuals and they usually vary between 55% and 62%. Are residual values different for each 911 model? If so does anyone know what they are currently? Also, do residual values change as the year goes on, and if so, by how much? With interest rates decreasing, will the money factor decrease as well. Any info on this would be very helpful. Thanks in advance, GEOK |
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Replying to: geok1969 (Feb 03, 2008 9:15 am)  . Yes, the Porsche 911's residual values do indeed vary by trim level. If you tell me exactly what model you are interested in, I would be happy to tell you what Porsche Credit's current residual value is for it. Yes, Porsche Credit has lowered its money factors recently. Through April 30th, its current buy rate for any length lease of any 2008 911 is .00270. Its current residual values are good through that date as well. Residuals gradually fall as the model year progresses. It is difficult to say what will happen to them for certain when Porsche introduces its new May lease program, but I would not be surprised if they fell by a point or two. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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