540 messages,
Last post on May 16, 2013 at 2:58 PM
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Porsche 911, Car Leasing, Car Buying, Coupe, Convertible
#448 of 540 Re: 2012 S Cab [dinoman]
by Car_man HOST
Aug 19, 2012 (8:08 am)
Hi dinoman. You definitely should be able to negotiate a larger discount on a 2012 911 than you would be able to get on a 2013 model.
Porsche Financial Services' August buy rate lease money factor and residual value for a 36-month lease of a 2012 911 Cab S with 12,000 miles per year are .00200 and 55%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2013 model are .00200 and interestingly exactly the same 55%.
Car_man
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#449 of 540 Re: 2012 S Cab [dinoman]
by Car_man HOST
Aug 19, 2012 (8:10 am)
Hey dinoman. Please see my previous post for the information that you're looking for.
Car_man
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#451 of 540 Re: 2012 S Cab [dinoman]
by californiami
Aug 19, 2012 (8:32 am)
I just took delivery on a 2012 911S. Factory ordered. I placed the order in March 2012 for a 2012, but found out during the June build that it would be delivered as a 2013. PDK, sport plus, sport exhaust, folding mirrors, bose and factory painted black sport rims.
The dealer gave me a 4.5% off MSRP and his cost on an installation of a full front clear bra. Not a screaming deal, but better than anyone else in Northern California was willing to give me for a factory ordered 911 and very good customer service.
I evaluated leasing and was quoted the 48 month residual of 50% and a money factor of .00240 (the dealer was transparent that he was marking up the buy rate)....but I figured the car would be worth at least 50% in four years as a tradein...and I wanted to avoid all the lease fees and hassle, so I decided to just go with a cash purchase.
#452 of 540 Re: Lease info [Car_man]
by dcohen2683
Aug 20, 2012 (6:49 am)
I am wondering if its normal for the dealer to mark up the lease rate. I noticed the program says .00200 and he wanted to charge .003500
#453 of 540 Re: Lease info [dcohen2683]
by Car_man HOST
Sep 03, 2012 (12:33 pm)
Hi dcohen2683. Dealers, particularly luxury-brand dealers, try to mark up vehicle's money factors all the time. Having said that, savvy consumers who are in an area that has a decent level of competition are usually able to lease vehicles without any sort of money factor mark-up. I certainly wouldn't let a dealer mark up the money factor on me if I was interested in leasing something. Shoot got the buy rate and see what happens.
Car_man
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#454 of 540 Residuals
by dfc52
Sep 05, 2012 (12:27 pm)
Hi Car Man:
I've noticed that the residuals you've been quoting are now below 60%. In answer to question #445 you replied, "Porsche Financial Services' August buy rate lease money factor and residual value for a 24-month lease of a 2012 991 S Coupe with 10,000 miles per year are .00200 and 57%, respectively for consumers who qualify for its top credit tier. " A few months back I was seeing residuals in the 60% + range for the same lease. Do you know why the residual dropped so much?
I was considering a 24mos lease of this same vehicle, but at a 57% residual, I'm not sure I want to now.
Thanks for your help.
#455 of 540 Re: 2012 S Cab [californiami]
by si_chips
Sep 15, 2012 (9:11 pm)
which dealer did you end up going with in N. Calif? I'm also thinking of doing a factory order.
#456 of 540 Re: Residuals [dfc52]
by Car_man HOST
Sep 16, 2012 (8:06 am)
Good question dfc52. Vehicles' residual values almost always gradually decline as the model year progresses. A vehicle's resids will be significantly higher at the beginning of the model year than they will be at the end.
Car_man
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#457 of 540 2013 Carrera Lease Rates
by kerb
Sep 25, 2012 (8:12 pm)
Greetings Car_Man:
Could you kindly provide me with the buy rate and residual for a base Carrera on 24 & 36 month terms with 7,500, 10,000 and 12,000 miles.
Many Thanks.