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Porsche 911 Lease Questions

222 messages,  Last post on Nov 04, 2009 at 11:01 AM

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What is this discussion about? Porsche 911, Car Leasing, Car Buying, Coupe, Convertible

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#186 of 222 Help with 2009 Carrera Coupe 15k mile/yr 3 yr lease by mghbolt Apr 20, 2009 (8:34 pm)
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 Replies to this message: Car_man (May 05, 2009 2:39 am)
#187 of 222 Targa 4s by mk2001 Apr 22, 2009 (1:38 pm)
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- Replies to this message: Car_man (May 05, 2009 3:03 am) mk2001 (May 12, 2009 8:15 pm) Car_man (May 28, 2009 2:58 am)
#188 of 222 Any Updates? by vexed May 04, 2009 (1:38 pm)
Any new information? Specifically, are there any current incentives to dealers for a purchase of a C2 or a C2S?   Thanks
#189 of 222 Re: Car Man Please Help [bosco42] by Car_man HOST May 05, 2009 (2:25 am)
Replying to: bosco42 (Apr 12, 2009 4:06 pm) Thanks for the info, bosco42. I had heard that the program was wide open to all current Porsche owners and lessees...but I didn't know that there was no restrictions upon it at all.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#190 of 222 Re: Accuracy of posted residuals [bosco42] by Car_man HOST May 05, 2009 (2:27 am)
Replying to: bosco42 (Apr 17, 2009 2:44 am) Hey bosco42. I'm pretty sure that the residuals that I have posted previously are correct. If you'd like, let me know what car, term, mileage allowance you're interested in again and I'll make some calls to double check.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#191 of 222 Re: residuals [bosco42] by Car_man HOST May 05, 2009 (2:33 am)
Replying to: bosco42 (Apr 17, 2009 9:16 am) Ahhhh, I see that you did just that bosco42. To the best of my knowledge, the 56% residual value that I mentioned is correct. I don't see why dealers would quote you anything different since they don't have the ability to alter banks' published residual values.   Unfortunately, I am not aware of a resource that provides accurate information on banks' current lease programs to the general public.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#192 of 222 Re: Help with 2009 Carrera Coupe 15k mile/yr 3 yr lease [mghbolt] by Car_man HOST May 05, 2009 (2:39 am)
Replying to: mghbolt (Apr 20, 2009 8:34 pm) Hi MGHBolt.   The mileage allowance that you choose will not have any impact upon your car's money factor.   Porsche's current lease program is scheduled to run through June 1st. It is difficult to say what its June program will be like at this point.   Porsche Credit's current 36 month, 15,000 mile per year residual value for a 36 month lease of a 2009 911 C2 Coupe with a manual transmission is 55%.   I am not personally familiar with what sort of selling prices consumers have been able to negotiate on this car lately, but you might be able to get an idea by stopping by the "Porsche 911 Carrera Prices Paid and Buying Experience" discussion.   I don't believe that you will be able to lock in Porsche's current lease program by putting a deposit down on the car that you want in May. Usually, the program that is available on the delivery date is the one that has to be used to calculate your monthly payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#193 of 222 Re: Targa 4s [mk2001] by Car_man HOST May 05, 2009 (3:03 am)
Replying to: mk2001 (Apr 22, 2009 1:38 pm) Hey mk2001. Yes, the aforementioned .00146 money factor would apply to all 2009 911s. Porsche's current 36 month, 12,000 mile per year residual value for the 2009 911 Targa C4 S with a manual transmission is 51%. The residual value for an otherwise identical 48 month lease is 45%. If you were to lease with only 10,000 miles per year, this car's residuals would be 1% higher.   For feedback on this car's pricing, try stopping by the "Porsche 911 Carrera Prices Paid and Buying Experience" discussion.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: mk2001 (May 12, 2009 8:15 pm) Car_man (May 28, 2009 2:58 am)
#194 of 222 Re: Targa 4s [Car_man] by mk2001 May 12, 2009 (8:15 pm)
Replying to: Car_man (May 05, 2009 3:03 am) Thanks a lot, Car man. Can you confirm what the residual is for the PDK on a 36mos. and 48 mos. (12K miles)? Just want to confirm difference. Also, any guidance on a realistic discount to expect on this model from MSRP? I realize that Targas aren't moving in the current market but appreciate any insight on realistic expectations in light of the standard invoice/margin on this car. Replies to this message: Car_man (May 28, 2009 2:58 am)
#195 of 222 Re: Targa 4s [mk2001] by Car_man HOST May 28, 2009 (2:58 am)
Replying to: mk2001 (May 12, 2009 8:15 pm) No problem mk2001. The residual values for the aforementioned vehicle are 1% lower on models that are equipped with PDK.   Unfortunately, I am not personally all that familiar with what the market is like for 911s right now.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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