Last post on May 16, 2013 at 2:58 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Porsche 911, Car Leasing, Car Buying, Coupe, Convertible
#472 of 540 Re: 2013 Porsche 911S & 9114S [sjl225]
by Car_man HOST
Jan 08, 2013 (5:47 pm)
Hi sjl225. Here's the latest info for you. Porsche Financial Services' January buy rate lease money factor and residual value for a 36-month lease of a 2013 911 Coupe S with 10,000 miles per year are .00200 and 59% for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a '13 911 Coupe 4S are .00200 and 56%.
Prices Paid: Buying & Leasing Experiences Forum
#473 of 540 Re: 2013 Porsche 911S & 9114S [Car_man]
Jan 09, 2013 (8:03 am)
I'm in the market for a 2013 C2 and was wondering if you could provide the residuals and MF for a base C2 coupe for 24 and 36 months?
#474 of 540 Re: 2013 Porsche 911S & 9114S [sjl225]
Jan 09, 2013 (10:25 am)
Thank you so very very much for your timely response.
Not only have you helped me countless times, but all of us on these forums in making informed decisions.
#475 of 540 Re: 2013 Porsche 911S & 9114S [Car_man]
Jan 14, 2013 (12:37 pm)
Hi Car Man,
So the lease residual is lower for the new 4S than the 2S? I am looking at leasing a 2013 Carrera 4S and my sales person was guessing the residual would be higher on the 4S, especially since it is a brand new model. I am looking at a 36 month lease at 12,000/yr can you verify MF and Residual at 12K? I also heard that Porsche might do some very aggressive 24 month leases, any truth to that? Thanks again for your time.
#476 of 540 Re: 2013 Porsche 911S & 9114S [flyinbrian1]
Jan 14, 2013 (12:50 pm)
PFS is offering aggressive 24 month lease rates. I've confirmed the 24 month figures as a 78% residual on the C2 w/10k miles per year and a 74% residual on the C2S 10k/miles yr. MF is .002 for top tier credit.
#477 of 540 Re: 2013 Porsche 911S & 9114S [m5ivan]
Jan 14, 2013 (1:57 pm)
Thank you for the reply m5ivan. Any idea what the rates might be on a 2013 C4S 12/yr?
#478 of 540 Re: 2013 Porsche 911S & 9114S [flyinbrian1]
Jan 14, 2013 (2:05 pm)
So the lease residual is lower for the new 4S than the 2S? I am looking at leasing a 2013 Carrera 4S and my sales person was guessing the residual would be higher on the 4S,
I'd have been shocked if the residual percentage was as high or higher on the 4 vs. the 2. The MSRP price differential is $6,700 and from what I have seen, the resale value of a 2-3-4+ year old C4S is barely above a C2S. It seems that, at least in our area, the traditional enthusiasts prefer RWD. They also prefer coupes to cabs, as I learned on my 997 S Cab. That $10k MSRP premium I paid in 2005 was worth a couple grand on resale in 2011. But watching my daughters trying to keep their hair from blowing off in the back seat was priceless. Until they outgrew it.
As a side note, apparently one of the highly respected independent Porsche shops in our area has turned quite a few 996 Turbos into RWD by disconnecting/removing the front drive shaft. That's a bit too enthusiastic for me, but I guess that's one way to get a poor man's GT2.
#479 of 540 Re: 2013 Porsche 911S & 9114S [habitat1]
Jan 14, 2013 (2:39 pm)
Odd as Porsche is stating that 50% of their sales of the 911 are now AWD. My sales person stated that when a new model is released the residual is usually boosted at that time.
#480 of 540 Re: 2013 Porsche 911S & 9114S [flyinbrian1]
Jan 14, 2013 (3:05 pm)
The new model vs. old model boost would make sense (i.e. 991 C4S vs 2012 997 C4S), but I'm not sure that the fact that the "4" lagged the release of the "2" by 8-10 months makes much of a difference.
My sales manager - a 30+ year Porsche veteran - indicated that an even higher 60% of their 911 sales for the past few years have been AWD. But, he also said that about 50% of those are to customers that get the "4" because they think it is better handling in cold, rain and light snow. He tells them "not really", unless you also get winter wheels with Blizzaks, which most 911 buyers don't do. Another chunk get it because they like the look of the wider body. But with the 991 being wider and lower than the 997 already, you have to put the cars butt to butt to see much of a difference.
Here's an interesting comparison. This past fall, I was seriously considering several leftover, heavily discounted 2012 997 GTS's. The "2"'s that were out there often ended up selling for MORE than the "4"s.! They offered the sexy look of the wider body with the more enthusiast preferred RWD. And in the 997, the reflective strip across the rear of the "4"s looked hokey, in my opinion. The 991 C4S rear end looks much better.
Just curious, why are you interested in the 4 vs. the 2? Have you driven both?
#481 of 540 Re: 2013 Porsche 911S & 9114S [habitat1]
Jan 14, 2013 (3:18 pm)
I have not driven both yet as the 2013 C4S was just released last week. The word on the net from people who have driven both state the C4S seems to have better feel and handling than the C2S. I am getting the C4S as I live in Michigan and all ways get dedicated wheels and tires for my cars. I do also like the wide body and few other items that come with the C4S. It seems worth the price difference.