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Prices Paid: Buying & Leasing Experiences Porsche 911 Lease Questions
231 messages, Last post on Nov 24, 2009 at 8:58 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: madmanmoo (Apr 14, 2009 7:30 am) What do you mean by this ? Dont quite understand what being bought down means...thanks
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Replying to: bosco42 (Apr 14, 2009 12:56 pm) For example, there is no such thing as free money (0%), the manufacturer is using incentive cash to buy down the rate to that level. Make sense?
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Replying to: madmanmoo (Apr 15, 2009 9:49 am) In previous posts here it was stated that there were cash incentives to the dealer...was this an incorrect statement. it is important to know so I know how to negotiate my deal....thanks
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Replying to: bosco42 (Apr 15, 2009 10:34 am) No, there are cash incentives which only apply to cash purchases. Lease and finance incentives are in the form of a special rate. I'm not sure why it matters how they are making their money. If you like the deal and they are willing to sell it to you for that amount, do business. Don't worry about where their profit is coming from.
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Replying to: madmanmoo (Apr 15, 2009 12:01 pm) |
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Car Man......from the dealers I have spoken with the residual numbers differ from what you have posted.....are you sure yours are accurate ??
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Replying to: bosco42 (Apr 17, 2009 2:44 am) |
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Is there an official online source that quotes the residuals I was told by 2 dealers that the residual was 55% on an 09 C2S coupe with 10K per year "Hi glbmw. Dealers that have certificates available can offer the following terms. Porsche's current buy rate lease money factor and residual value for a 36 month lease of a 2009 911 C2 Coupe with 10,000 miles per year are .00146 and 58%, respectively. The numbers for an otherwise identical lease of an '09 911 C2 Coupe S are .00146 and 56%. The numbers for an '09 911 C4 Coupe are .00146 and 56%."
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Hello Car Man: Would greatly apprecieate advice on negotiating a lease on a basic '09 Carrera coupe manual (MSRP range 79,450-82,000). I live in California and the state tax is ~9.25% 1) It seems that from the forum that the best Money Factor is .00146 on a 3 year lease, does that hold true for 15K miles/year lease as well? 2) I've heard that this special low rease rate will run through the end of May'09 and it will change for June, either up or down 3) What is the residual percentage for a 3 year 15 K miles/year lease, and through the same source, I heard the residual percentage may go down for the worse after May, any truth in that 4) How much off MSRP can I realistically get in this economy, is 15% too much for an '09 Carrera Coupe basic model, or is 10% more realistic, one dealership gave 8% off MSRP without too much haggling 5) I won't need the car till later in the summer, but do you think its worth putting a deposit by the end of May (capitalize on the low money factor), and have the dealership let me pick up the car end of June which would be the start of the lease. Will a dealership let me do that and have the car sit on their lot for a month before triggerring the lease just with a deposit? Greatly appreciate all your advice. -MGHBolt
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Hi Car man, I looking at a 2009 Targa 4s and appreciate your guidance on uterms to expect on this model. I understand you mentioned the current buy rate for leases on 911s is 0.00146. I assume this also applies to the Targa, but appreciate if you could confirm. Could you also advise what the residual percentages are on a 36 and 48 mos. lease for this car based on 10/12K miles? Need also your input on discounts to MSRP and other incentives to reasonably expect on this model. Thanks for all the help. Regards, MK-
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