Last post on Dec 08, 2013 at 5:50 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Porsche 911, Car Leasing, Car Buying, Coupe, Convertible
#127 of 688 Re: 911 Residuals [geok1969]
Mar 13, 2008 (2:10 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.
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#128 of 688 Re: 911 Residuals [Car_man]
Mar 13, 2008 (6:55 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 688 Re: 911 Residuals [Car_man]
Mar 22, 2008 (4:29 pm)
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.
#130 of 688 Re: 911 Residuals [geok1969]
Apr 14, 2008 (4:48 am)
What is the residual on a 2008 997TT, MSRP 147000. Is the buy rate still .0027? Any recommendations on leasing such a expensive car?
#131 of 688 Help re: '08 Cab Lease - SFla
Apr 14, 2008 (7:01 pm)
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
#132 of 688 2008 turbo coupe lease for april
Apr 15, 2008 (2:41 pm)
The dealer is telling me MF for 3yr/36k mil is .00349. What I've read on this site say otherwise. I live in san diego, ca. There are only two local dealers. What MF should I be asking for?
#133 of 688 Leasing a Used Porsche
Apr 24, 2008 (8:09 am)
I see a lot of solid info on this site about leasing a new Porsche. Any thoughts/input on leasing let's say an '06 or '07 911 C2 Cab?
What kind of money factors do they use? What kind of residuals? Say we're talking about a 36 or 48 month lease with 10k miles.
Any reactions to the prospect of leasing a couple of year old 911 vs. buying it?
My questions emanate from trying to balance the cost of leasing where I walk away in 3 to 4 years vs. purchasing and seeing what it will be worth in 3 to 4 years as retained "equity", taking into account having to pay hefty sales tax on a purchase for the full value of the car.
Any thoughts on info on things like money factors and residuals on '06 and '07 911 Cabs?
#134 of 688 Re: 2008 turbo coupe lease for april [egold1]
May 21, 2008 (2:27 am)
Egold1, Porsche Credit's current buy rate lease money factor is only .00250 for consumers who have good credit. The dealer that you are working with is trying to mark up its base rate a lot to add additional hidden profit to your deal. This sort of thing is not surprising. It is very common at luxury car dealers, like Porsche. You can try comparison shopping with another dealer or two to see if they would be willing to use the buy rate to calculate your car's monthly payment, but the problem with getting a low volume vehicle like a 911 is that you may find they are not willing to.
Prices Paid: Buying & Leasing Experiences Forum
#135 of 688 Re: Leasing a Used Porsche [gocard1]
May 24, 2008 (9:47 am)
Are you talking about new cars?
Jun 10, 2008 (1:07 pm)
1st time 911 buyer here. Considering Carrera w/typical optional equip. Trying to decide what makes more sense...lease an 08 vs. buying a 2007 pre-owned. I don't have to have a brand new one...more interested in minimizing the cost to own over a 36-48 month period. I'm a low mileage driver 7k/year.
Have heard 2009s will be out in next 90 days or so. How will that affect the economics of my decision?
Thanks in advance to anyone who has insight.