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Porsche 911 Lease Questions

245 messages,  Last post on Dec 05, 2009 at 6:33 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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#208 of 245
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 245
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
#210 of 245
911 cab lease - is the lower LMF of .00146 still being offered? by tb310
Sep 28, 2009 (12:00 am)
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Replying to: Car_man (Aug 31, 2009 2:22 am)

Car-man - is the special lease money factor .00146 still offered in Sept? West LA dealer quote on 2009 911 cab w/ minimal options (PDK, heated seats, floor mats) LMF .0024 (if lease paid up front of $42K) or .0031 (w/ monthly payments $1250, $3K driveoff) on 3 year lease 12K miles year..
 
Is the lower LMF of .00146 still being offered?
 
If dealer lists:
CashSalePrice $77K , but 3 yr lease based on MSRP $94K, I think the lease calculation is based on MSRP. Dealer said vehicle MSRP for lease is based on MSRP, not the CashSalePrice. Does Porsche negotiate the MSRP and residual used in the lease calc or am I stuck with MSRP and 54% residual?
#211 of 245
Re: 911 cab lease - is the lower LMF of .00146 still being offered? [tb310] by weakestlink
Sep 29, 2009 (9:26 pm)
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Replying to: tb310 (Sep 28, 2009 12:00 am)

Hi tb,
 
From my pretty extensive research, the .00146 is available on all 997 leases in September. And the incentive on all RWD 997s is $10k. The $10k incentive cannot be combined with the subsidized lease program so you should add $10k to the cash sale price ($77k + $10k = $87k).
 
BTW, on a $94k MSRP, the markup is 10% so the dealer cost would be approx. $84,600 ($74,600 if buying). I've found several dealers on the East Coast willing to sell for $1000-$1500 over invoice.
 
Hope this helps. You may want to get Carman or someone to verify my facts but based on my own searching, I'm pretty confident they're correct.
#212 of 245
thank by tb310
Oct 05, 2009 (2:29 pm)
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Replying to: weakestlink (Sep 29, 2009 9:26 pm)

thanks for the insight. With your advice, I'm going to purchase the car and have a better idea how much I can negotiate on the price with the dealer still making a fair profit (but at least saving me thousands of dollars). Without your guidance, I was reluctant to pull the trigger on the purchase as I feared overpaying. You do a great service and I appreciate it dealer and will think of you whenever I drive my 911!
#213 of 245
Re: thank [tb310] by kentmoon
Oct 07, 2009 (9:10 am)
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Replying to: tb310 (Oct 05, 2009 2:29 pm)

What if you take cash discount ($10K) and use 3rd party lease deal? I've always gotten a lease based on cash purchase price in the past. As long as you don't take lease special from Porsche. Is that possible?
#215 of 245
Re: thank [kentmoon] by kentmoon
Oct 08, 2009 (8:12 am)
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Replying to: kentmoon (Oct 07, 2009 9:10 am)

I've answered my own question. I've talked to a couple of dealer in So Cal, and I can take $8K discount (it is now $8K only on 911, not $10K), and not get special low money factor, but get regular Porsche lease deal. They told me that monthly payment is cheaper that way. Lowest I've got is $1200 plus tax on MSRP $99K 911 Cab for 36 month at 10K miles per year based minimum drive off. I think he is making about $2000 over invoice. Is this a fair deal?
#216 of 245
Re: 911 cab lease - is the lower LMF of .00146 still being offered? [tb310] by Car_man HOST
Oct 13, 2009 (1:45 am)
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Replying to: tb310 (Sep 28, 2009 12:00 am)

Hi tb310. Yes, the .00146 money factor is available through the end of the year.
 
The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. The only difference would be that the dealer cash that Porsche is currently providing on the 911 is not compatible with its special lease program. Therefore, you will only be able to negotiate in the space between full MSRP and dealer invoice price rather than getting this car for under invoice...which would be probable on a cash purchase.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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