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Porsche 911 Lease Questions

136 messages,  Last post on Jun 10, 2008 at 2:07 PM

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

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#5 of 136 Porsche 911 Cab lease by roadking1 Aug 20, 2006 (5:45 pm)
Car-man -   Looking to lease a 2006 or 07 997 Cab. Non S car. Looking at 24 or 36 mos, 10K annual miles. What should I be paying. Minimum down. 24mos - Dealer is hitting me at .73 resid on an 07, money factor of .00365. Thanks, Bill Replies to this message: Car_man (Sep 28, 2006 3:06 am)
#6 of 136 Re: 06 Porsche 911 Carrera S 6 speed [JingleJill] by Car_man HOST Sep 28, 2006 (3:02 am)
Replying to: JingleJill (Jul 03, 2006 10:28 am) Hey Stacy. Unfortunately, I don't keep tabs on used vehicle lease programs. The reasons that I do not are that they are much less popular than new vehicle leases and there are so many variables, like vehicle mileage, condition, etc. that have an impact upon used vehicle lease programs that it is a ton of data to keep track of. Sorry that I could not be of more help.   Since you are new to the world of leasing, I can at least point you in the direction of some articles that are available here on Edmunds.com that will help you understand how it works. You definitely should check them out prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   Car_man Host Prices Paid Forum
#7 of 136 Re: Porsche 911 Cab lease [roadking1] by Car_man HOST Sep 28, 2006 (3:06 am)
Replying to: roadking1 (Aug 20, 2006 5:45 pm) Hi roadking1. Porsche Credit's current buy rate lease money factor for all leases is .00310. If you are being charges a higher money factor than this, chances are that the dealer you are working with is marking your car's buy rate up to add additional back-end profit to your deal. This is a fairly common practice amongst luxury brand dealers. Now that you know what your car's buy rate is, you may be able to get the dealer that you are working with to use it to calculate your car's monthly payment. I would be happy to tell you approximately what that payment should be if you provide me with the full MSRP and approximate selling price of the car that you are interested in.   Car_man Host Prices Paid Forum
#9 of 136 2007 C2S Lease Rates / Residuals by jkwireless Oct 17, 2006 (11:25 am)
Greetings,   I have a 2007 C2S Coupe Tiptronic arriving at a dealership later this week and wanted to do some homework on residuals and competitive lease rates before I arrive at the dealership to finalize. I tried to obtain a quote from LeaseWizard, but they replied that ALG hasn't posted residuals for the 2007 models as of yet. Does anybody have access to this information and may be able to post?   I am looking at leasing for either 36 or 48 months with 15,000 (maybe 12K).   Thanks for any assistance! Replies to this message: Car_man (Oct 22, 2006 4:20 pm)
#10 of 136 Re: MF for a new 2006 911 C2S? [ceperry] by wantabentley Oct 18, 2006 (10:15 pm)
my experience is that car companies offer better residuals and/or money factors for cars they want to move. so it is logical that the 2006 would have a better mf but it should also have a better cap cost as well bcs it is a 2006 and the 2007s are hitting the dealerships.
#11 of 136 Re: MF for a new 2006 911 C2S? [ceperry] by Car_man HOST Oct 22, 2006 (4:10 pm)
Hey Christina. Yes, Porsche Credit's buy rate lease money factor is the same for 2007 and 2006 models (it's the .00310 that you mentioned). The dealers that you spoke with are probably trying to take advantage of the fact that consumers would rather have a 2007 model than a 2006 model and the fact that the '07s have higher residual values right now by marking up Porsche Credit's buy rate on 2007 models.   Car_man Host Prices Paid Forum   P.S. I had to delete your original post because it contained masked profanity, which violates the Edmunds.com Forums' membership agreement.
#12 of 136 Re: 2007 C2S Lease Rates / Residuals [jkwireless] by Car_man HOST Oct 22, 2006 (4:20 pm)
Replying to: jkwireless (Oct 17, 2006 11:25 am) I haven't seen ALG's residual values for the 2007 Porsche 911, but I have seen something better, Porsche Credit's residual values for it. If you were to lease a 2007 Porsche 911 C2 Coupe with Tiptronic through Porsche Credit right now for 36 months with 15,000 miles per year, its residual value should be 60%. The residual value for an otherwise identical 48 month lease is 54%. If you were to lease this car with only 12,000 miles per year its residual values would be 2% higher.   Car_man Host Prices Paid Forum
#13 of 136 MF for 2006 C4 cab by ajitpk Oct 23, 2006 (6:06 pm)
Dear Carman,   What are the residuals for a 2006 C4 cab manual vs a 2007 C4 cab manual 36 and 48 month with 12,000 miles. I am able to get about $10000 off the 2006 so figuring if its worth leasing that instead of a 2007. Thanks Replies to this message: bwedotnet (Oct 30, 2006 5:21 pm) martinf (Oct 31, 2006 12:31 am) Car_man (Nov 19, 2006 6:12 am)
#14 of 136 Re: MF for 2006 C4 cab [ajitpk] by bwedotnet Oct 30, 2006 (5:21 pm)
Replying to: ajitpk (Oct 23, 2006 6:06 pm) I am in a similar situation. What I have found is that the 2006's are heavily discounted (~$10K off) but also have much lower residuals (8% lower).   For example 2006 C4, MSRP $95K, Sell $85K, Residual 54% 2007 C4, MSRP $95K, Sell $92K, Residual 62%   If you run the numbers the lease payments are about the same. For me, the conclusion was to build a 2007 car exactly how I want it ($87K) and get $2-$3K off MSRP. The payment is about the same as as if I got a discounted 2006 car with many options I do not want.   I hope this is useful info. Replies to this message: martinf (Oct 31, 2006 12:31 am)

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