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Porsche 911 Lease Questions

247 messages,  Last post on Dec 06, 2009 at 9:19 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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#82 of 247
Re: A couple Question about Leasing a 911 S [Car_man] by habitat1
May 18, 2007 (8:47 am)
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Replying to: Car_man (May 18, 2007 2:16 am)

Thanks for the response and you basically hit upon several reasons why I paid cash for my 2005 911S Cab 19 months ago. Bit that big bullet once, but no regrets or monthly reminders since.
#83 of 247
Re: A couple Question about Leasing a 911 S [habitat1] by chrmdome
May 21, 2007 (7:42 pm)
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Replying to: habitat1 (May 18, 2007 8:47 am)

Greetings.. TO ALL:
 
With all due respect... if there was a " magic " formula that would provide anyone with a " good " deal leasing a $100k vehicle, there would not be a single leasing company in business. IMO from personal experience leasing cars.. unless there is a good business reason that allows you depreciation or a deduction, the leasing companies have you by the short hairs..good luck.
 
Chromedome
#84 of 247
Lease Transfer - Any idea? by rr4mywife
May 24, 2007 (6:19 am)
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I have a '06 Carrera lease with 15 months remaining. With great sadness (borderline depression), I have to transfer the lease. However, Porsche Financial Services will keep me on the "hook" as the second lease holder. In the event that the primary lease holder misses payment or does not pay for extra miles or excess wear-n-tear at lease end, they come after me.
 
To protect myself, I have asked the new leaser to deposit 2 payments in escrow with an attorney (signed legal contract as well).
 
Is this a good idea? Any other ideas? Thx
#85 of 247
Re: Lease Transfer - Any idea? [rr4mywife] by kyfdx HOST
May 24, 2007 (7:25 am)
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Replying to: rr4mywife (May 24, 2007 6:19 am)

Have you looked into selling the car? Check your payoff on the lease and see how far upside down you are.
 
There is no way that I would transfer a lease, and still be on the hook for it.. even if I knew the person. Your possible liabilities greatly exceed a couple of payments..
 
regards,
kyfdx
#86 of 247
Re: Lease Transfer - Any idea? [kyfdx] by chrmdome
May 24, 2007 (11:42 am)
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Replying to: kyfdx (May 24, 2007 7:25 am)

Greetings:
 
Please see my last post in regards to " short hairs ". Just another example of the lows of leasing. I'm sorry for the guy not being able to keep the Porsche, BUMMER! Trusting someone who uses your leased car with the liabilty being yours totally is fool-hardy at best, financial damaging in reality. Sell the car and take the financial knock. Good luck!
 
Chromedome
#87 of 247
Re: A couple Question about Leasing a 911 S [habitat1] by Car_man HOST
Jun 28, 2007 (2:03 am)
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Replying to: habitat1 (May 18, 2007 8:47 am)

You're very welcome, habitat1. Given Porsche's lack of lease support paying cash for a 911 is not a bad idea.
 
Car_man
Host
Prices Paid Forum
#88 of 247
Re: A couple Question about Leasing a 911 S [Car_man] by rr4mywife
Jun 28, 2007 (6:06 am)
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Replying to: Car_man (Jun 28, 2007 2:03 am)

Thank you all for the responses.
 
Just to update you, I've decided to keep the car. Both the financial implications and the fact that Porsche rejected 3 candidates has made me think twice about parting with the car.
 
I even put 4 brand new Michelin's on yesterday.
 
Thanks
#89 of 247
stupid question by psmd
Jun 28, 2007 (6:25 pm)
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I think this is a dumb question but is there a 2007 turbo cabriolet?
If so what are the money factors and residuals at 15K and 20K miles? for 36m and 48month leases? (for both the turbo and a C4S Cab)
Thanks in advance.
Paul
#90 of 247
Re: stupid question [psmd] by vwguild1
Jun 30, 2007 (10:01 am)
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Replying to: psmd (Jun 28, 2007 6:25 pm)

Paul, there is no 2007 911 Turbo Cab, but there will be a 2008...Launch will be in September, but orders are being taken now...
#91 of 247
2007 911 turbo by egold1
Jul 07, 2007 (8:42 pm)
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carman,
Can you tell me what the current money factor is for 36mos/12k mile lease. Also for purchase with top tier credit what interest rates are for 60mos loan?
 
Is there any benefit to waiting till 08 model comes out to get discount on leftover 07 turbo?
 
Thanks

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