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Prices Paid: Buying & Leasing Experiences Porsche 911 Lease Questions
136 messages, Last post on Jun 10, 2008 at 2:07 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: bwedotnet (Nov 05, 2006 8:37 am) 2007 911 Carrera Coupe 6 speed only options are floor mats and arctic silver metallic paint US Bank Finance Company 0.00202 Money Factor $41,440.00 Residual $71,281.38 Selling Price $74,000 MSRP 15k mi/year 36 mos $1,163/month, tax already included Did I get a good deal here? Looks like I benefited from the lower money factor. I was considering the Cayman S but the payments were coming in at the $1,061 range (because of the much lower residual on that car). I figured I'd go ahead and spend an extra $100/month for the 911 but of course the options are minimal compared to the Cayman S. Any thoughts would be much appreciated. Thanks for all the help so far!
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Replying to: gblind8 (Nov 06, 2006 5:41 pm) How did you end up with US Bank? Did you go through a lease company or direct? |
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Replying to: bwedotnet (Nov 06, 2006 9:13 pm) The dealer was the one who selected US Bank. He compared US Bank vs Porsche financing. I could have used Porsche financing with the same monthly payment but the residual was higher (60%) so if I decide to buy the car at the end of the lease, it will be to my benefit to go with US Bank. The Porsche financing money factor was .0031. If I were to use Porsche financing the sell price would have been $67,500, an 8.78% discount which is consistent with the discount percentages users here are seeing. Also my tax rate was 7.25% since I'm in Ventura County, California.
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Replying to: gblind8 (Nov 07, 2006 1:38 am)
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Replying to: martinf (Nov 08, 2006 12:33 am) I found that leasecompare.com quotes tend to be in this range. i.e. much lower residual value but much better MF. The payment comes out about the same as the current Porsche program. |
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Replying to: martinf (Nov 08, 2006 12:33 am) I must admit though, it was tough finding a lightly equipped 911; as we all know, Porsche options are quite pricey. |
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Replying to: ajitpk (Oct 23, 2006 6:06 pm) Car_man Host Prices Paid Forum |
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Replying to: gblind8 (Nov 03, 2006 4:50 pm) Car_man Host Prices Paid Forum
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Replying to: tabiggs (Nov 04, 2006 10:42 pm) Car_man Host Prices Paid Forum |
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Replying to: Car_man (Nov 19, 2006 6:20 am) $71,281.38 Selling Price US Bank Finance Company 0.00202 Money Factor $41,440.00 Residual $74,000 MSRP 15k mi/year 36 mos $1,163/month, tax (7.25%) already included Thanks!
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