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Porsche 911 Lease Questions

223 messages,  Last post on Nov 09, 2009 at 9:04 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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#187 of 223
Targa 4s by mk2001
Apr 22, 2009 (1:38 pm)
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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-
#188 of 223
Any Updates? by vexed
May 04, 2009 (1:38 pm)
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Any new information?
Specifically, are there any current incentives to dealers for a purchase of a C2 or a C2S?
 
Thanks
#189 of 223
Re: Car Man Please Help [bosco42] by Car_man HOST
May 05, 2009 (2:25 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#190 of 223
Re: Accuracy of posted residuals [bosco42] by Car_man HOST
May 05, 2009 (2:27 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#191 of 223
Re: residuals [bosco42] by Car_man HOST
May 05, 2009 (2:33 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#192 of 223
Re: Help with 2009 Carrera Coupe 15k mile/yr 3 yr lease [mghbolt] by Car_man HOST
May 05, 2009 (2:39 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#193 of 223
Re: Targa 4s [mk2001] by Car_man HOST
May 05, 2009 (3:03 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#194 of 223
Re: Targa 4s [Car_man] by mk2001
May 12, 2009 (8:15 pm)
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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.
#195 of 223
Re: Targa 4s [mk2001] by Car_man HOST
May 28, 2009 (2:58 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#196 of 223
Latest 911 Lease Offer-Aug 1 2009 by blackberryxyz
Aug 01, 2009 (9:13 am)
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My local Porsche dealer in Marin County Ca, just north of the Golden Gate Bridge is advertising a brand new 2009 911 C4 manual coupe, msrp of $86,870.00 for a 36 month lease of $980.57 plus tax and $5,500.00 down.
 
Seems like a good deal if you are tempted to acquire a 911.
 
Unfortunately for Porsche it seems most people, including probably myself, are concluding that their current car they own now is just fine for a while. In my case it is a BMW 745i, so the 911 deal while very tempting to me, may just fall into the "possibly want", definitely "don't need" category.
Either the price has to get even better (which it very well may) or I have to get more passionate about buying another 911.

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