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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

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


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#200 of 231
new buyer: would like the facts by skimmachi
Aug 26, 2009 (8:34 am)
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I'm looking at a C2 fairly loaded MSRP $90325. I would like some information on leasing. 12K for 3 years. Any change in money factor or residual since the last posting. Do you think that the market now could handle a 10% or higher off MSRP
I live in Los Angeles area and you guys know the market here. Thanks.
#201 of 231
Re: need feedback on latest lease [porschecrazy] by cardiohex
Aug 26, 2009 (5:12 pm)
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Replying to: porschecrazy (Aug 22, 2009 11:09 pm)

Looks like a large cap reduction ~5500 drive off making the lease payment more palatable.
I just took delivery on a 09 C2. 3500 cap reduction, lease payment 1059 (total) for 36 mo 10k miles a year. MSRP was 88k, sale price 80k. Felt like I got an okay deal... did get exactly what I wanted with options/color. They did a search and found 7 911s close to what I wanted in the southeast.
 
09 C2 manual /arctic silver
black adaptive sport seats (AWESOME option)- heated
sport chrono, 19" CS wheels
bluetooth/ipod/bose high end/satellite radio
 
Definitely look at how much you are spending over the life of lease (cap+payments)... easy to get excited about 825/mo, but read the fine print.
Good luck!
#203 of 231
Re: can you help me please [autojack11] by Car_man HOST
Aug 31, 2009 (2:22 am)
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Replying to: autojack11 (Aug 15, 2009 3:20 pm)

Hi autojack11. Porsche is providing a special lease money factor of .00146 through its captive finance company on all 2009 models right now. Make sure that the dealer uses that money factor to calculate your car's monthly payment. As far as its residual values go, Porsche Financial Services' resid for a 36 month lease of a 2009 911 Turbo Cab with 15,000 miles per year is 47%. PFS' 12,000 mile per year residual value is 2% higher than its 15k resid and its 10,000 mile per year residual is 3% higher than the 15k.
 
Porsche has come dealer cash incentives floating around out there, but none that I am aware of that are available on leases.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#204 of 231
Residuals for 48 month leases by si_chips
Sep 02, 2009 (4:57 pm)
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Hi Car Man,
For 36 month lease of a 2009 911 C2 Coupe with a manual transmission from what I see in your earlier postings:
15k mi/yr is 55%
12k mi/yr is 56%
10k mi/yr is 58%
 
Can you tell me what these would be for 48 month lease?
Thanks!
#205 of 231
Re: Residuals for 48 month leases [si_chips] by Car_man HOST
Sep 09, 2009 (3:49 am)
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Replying to: si_chips (Sep 02, 2009 4:57 pm)

Hi chips. PFS' September buy rate lease money factor and residual value for a 36 month lease of a 2009 911 C2 Coupe with 15,000 miles per year are .00146 and 55%, respectively.
 
You definitely do not want to lease this car for 48 months. If I recall correctly, its special lease offer is only available for 36 month leases. If that is indeed the case then if you were to lease for 4 years, this car's money factor would more than double from .00146 to .00310. Ouch.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#206 of 231
comparable credit - Porsche Financial Services by porschecrazy
Sep 13, 2009 (3:46 pm)
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Hi All
 
So this weekend I found my dream 911 C2, discussed the finances worked out the numbers and sat down with the dealer to finish the deal.
 
The dealer took down my information ran my credit and told me that I have a 740 score but PFS might not approve my lease because I don't have comparable credit.
 
My current car is a 17000$ Toyota and PFS might not agree to lease a 911 to me as its too big of a jump.
 
Apparently their automated system turned it down and the dealer might need to discuss it with PFS over the phone ( PFS is not open on a Sunday )
 
Has anyone in this forum faced a similar problem with not having comparable credit??
 
Thanks!
#207 of 231
Re: need feedback on latest lease [cardiohex] by porschecrazy
Sep 13, 2009 (3:49 pm)
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Replying to: cardiohex (Aug 26, 2009 5:12 pm)

Thanks for the info cardiohex. Will definitely watch out for the fine print.
#208 of 231
Please confirm residual and MF for 09 911 C2S cab by weakestlink
Sep 17, 2009 (9:09 am)
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Carman or anyone else,
 
Is it still 51% and 56% for 36 and 24 months, 15k?
Does PFS bump up 3% for 10k miles?
And .00146 MF?
 
Thanks.
#209 of 231
Re: Please confirm residual and MF for 09 911 C2S cab [weakestlink] by Car_man HOST
Sep 22, 2009 (2:06 am)
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Replying to: weakestlink (Sep 17, 2009 9:09 am)

Hey weakestlink. PFS' special .00146 money factor is good through the end of the month. However, its residual values for 24 and 36 month leases of the 2009 911 C2S Cab with 15,000 miles per year are now 54% and 51%, respectively.
 
Yes, you would add 3% to these residual value for leases with only 10,000 miles per year.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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