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Porsche 911 Lease Questions

136 messages,  Last post on Jun 10, 2008 at 2:07 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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#122 of 136
Re: Hello Carman - Current Lease Rates Carrera [ocautoseeker] by kerb
Jan 21, 2008 (7:51 am)
Reply

Replying to: ocautoseeker (Jan 21, 2008 1:28 am)

It's an '08 Base MT with options - $78,790 MSRP.
#123 of 136
Re: Hello Carman - Current Lease Rates Carrera [kerb] by ocautoseeker
Jan 21, 2008 (10:25 pm)
Reply

Replying to: kerb (Jan 21, 2008 7:51 am)

Consulted with leasecompare.com on the rates and residuals you were quoted and here's what they had to say...
 
"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!
#124 of 136
Re: Hello Carman - Current Lease Rates Carrera [ocautoseeker] by kerb
Jan 21, 2008 (10:34 pm)
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Replying to: ocautoseeker (Jan 21, 2008 10:25 pm)

Thanks for the figures - are they for a 36/10K, 36/12K, 39/10 or 39/12 lease. If they are for a 12K mile lease, what are the rates for a 10K if any? Also, what's the acquisition fee?
 
Thx.
#125 of 136
Re: Hello Carman - Current Lease Rates Carrera [kerb] by ocautoseeker
Jan 21, 2008 (11:07 pm)
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Replying to: kerb (Jan 21, 2008 10:34 pm)

PFS acquisition fee = $745
 
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.
#126 of 136
911 Residuals by geok1969
Feb 03, 2008 (10:15 am)
Reply
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
#127 of 136
Re: 911 Residuals [geok1969] by Car_man HOST
Mar 13, 2008 (3:10 am)
Reply

Replying to: geok1969 (Feb 03, 2008 10:15 am)

Hi GEOK. I see that you have excellent taste in automobiles . 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
#128 of 136
Re: 911 Residuals [Car_man] by kerb
Mar 13, 2008 (7:55 am)
Reply

Replying to: Car_man (Mar 13, 2008 3:10 am)

Hello Carman, could you kindly provide the residual for an '08 Carrera (base MT) on a 39/10k? I am assuming the buy rate is the .00270 you quoted. Also, do you know when the above referenced buy rate began? Thx. for your help.
#129 of 136
Re: 911 Residuals [Car_man] by geok1969
Mar 22, 2008 (5:29 pm)
Reply

Replying to: Car_man (Mar 13, 2008 3:10 am)

Hi Car Man. I am leaning towards a C2 MSRP $82000.00 (approximately). I would also consider a C2S or C4, depending if there was any "value" in doing so, i.e. more car, for not much more in monthly lease payment. Is there any particular 911 model that Porsche is looking to "move", which may create a situation to get more value out of a lease (all things being equal). Also, is there any benefit to leasing an '07? I have found a couple of nice C2S' and C4S' leftovers that are interesting, but the dealers seem reluctant to discount to a point where is makes sense to lease '07 vs. 08. Doesn't make sense to me. Any and all help is appreciated. Thanks in advance.
 
GEOK
#130 of 136
Re: 911 Residuals [geok1969] by isurg
Apr 14, 2008 (5:48 am)
Reply

Replying to: geok1969 (Mar 22, 2008 5:29 pm)

Hey Carman,
What is the residual on a 2008 997TT, MSRP 147000. Is the buy rate still .0027? Any recommendations on leasing such a expensive car?
thanks
#131 of 136
Help re: '08 Cab Lease - SFla by whman
Apr 14, 2008 (8:01 pm)
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Car Man - Any ability to provide input on where a lease range/total out of pocket should be for an '08 Cab - sticker $98K (Tiptronic - not a 4 or an S) - Thanks, trying to evaluate lease #s dealers seem to be pushing - $7500 and $1500/month for 39 mo/15K miles

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