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Porsche 911 Lease Questions

247 messages,  Last post on Dec 06, 2009 at 9:19 PM

You are in the Porsche 911 Forum. Your Host is claires

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


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#129 of 247
Re: 911 Residuals [Car_man] by geok1969
Mar 22, 2008 (4:29 pm)
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Replying to: Car_man (Mar 13, 2008 2:10 am)

Hi Car Man. I am leaning towards a C2 MSRP $82000.00 (approximately). I would also consider a C2S or C4, depending if there was any "value" in doing so, i.e. more car, for not much more in monthly lease payment. Is there any particular 911 model that Porsche is looking to "move", which may create a situation to get more value out of a lease (all things being equal). Also, is there any benefit to leasing an '07? I have found a couple of nice C2S' and C4S' leftovers that are interesting, but the dealers seem reluctant to discount to a point where is makes sense to lease '07 vs. 08. Doesn't make sense to me. Any and all help is appreciated. Thanks in advance.
 
GEOK
#130 of 247
Re: 911 Residuals [geok1969] by isurg
Apr 14, 2008 (4:48 am)
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Replying to: geok1969 (Mar 22, 2008 4:29 pm)

Hey Carman,
What is the residual on a 2008 997TT, MSRP 147000. Is the buy rate still .0027? Any recommendations on leasing such a expensive car?
thanks
#131 of 247
Help re: '08 Cab Lease - SFla by whman
Apr 14, 2008 (7:01 pm)
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Car Man - Any ability to provide input on where a lease range/total out of pocket should be for an '08 Cab - sticker $98K (Tiptronic - not a 4 or an S) - Thanks, trying to evaluate lease #s dealers seem to be pushing - $7500 and $1500/month for 39 mo/15K miles
#132 of 247
2008 turbo coupe lease for april by egold1
Apr 15, 2008 (2:41 pm)
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The dealer is telling me MF for 3yr/36k mil is .00349. What I've read on this site say otherwise. I live in san diego, ca. There are only two local dealers. What MF should I be asking for?
#133 of 247
Leasing a Used Porsche by gocard1
Apr 24, 2008 (8:09 am)
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I see a lot of solid info on this site about leasing a new Porsche. Any thoughts/input on leasing let's say an '06 or '07 911 C2 Cab?
 
What kind of money factors do they use? What kind of residuals? Say we're talking about a 36 or 48 month lease with 10k miles.
 
Any reactions to the prospect of leasing a couple of year old 911 vs. buying it?
 
My questions emanate from trying to balance the cost of leasing where I walk away in 3 to 4 years vs. purchasing and seeing what it will be worth in 3 to 4 years as retained "equity", taking into account having to pay hefty sales tax on a purchase for the full value of the car.
 
Any thoughts on info on things like money factors and residuals on '06 and '07 911 Cabs?
 
Thanks.
#134 of 247
Re: 2008 turbo coupe lease for april [egold1] by Car_man HOST
May 21, 2008 (2:27 am)
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Replying to: egold1 (Apr 15, 2008 2:41 pm)

Egold1, Porsche Credit's current buy rate lease money factor is only .00250 for consumers who have good credit. The dealer that you are working with is trying to mark up its base rate a lot to add additional hidden profit to your deal. This sort of thing is not surprising. It is very common at luxury car dealers, like Porsche. You can try comparison shopping with another dealer or two to see if they would be willing to use the buy rate to calculate your car's monthly payment, but the problem with getting a low volume vehicle like a 911 is that you may find they are not willing to.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#135 of 247
Re: Leasing a Used Porsche [gocard1] by vwguild1
May 24, 2008 (9:47 am)
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Replying to: gocard1 (Apr 24, 2008 8:09 am)

Are you talking about new cars?
#136 of 247
Lease vs. Buy by new911buyer
Jun 10, 2008 (1:07 pm)
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1st time 911 buyer here. Considering Carrera w/typical optional equip. Trying to decide what makes more sense...lease an 08 vs. buying a 2007 pre-owned. I don't have to have a brand new one...more interested in minimizing the cost to own over a 36-48 month period. I'm a low mileage driver 7k/year.
 
Have heard 2009s will be out in next 90 days or so. How will that affect the economics of my decision?
 
Thanks in advance to anyone who has insight.
#137 of 247
Leasing a custom ordered 2009 911 by phil0sophy
Sep 24, 2008 (6:26 pm)
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Replying to: new911buyer (Jun 10, 2008 1:07 pm)

Hi there!
 
Been reading Edmunds for years and have used the site to help buy/lease 5 cars, working my way up the automotive food chain from a couple of Jettas to my current car, an Audi S4 Cab. Well the lease is almost up on my cab and I am now planning to replace it with a custom ordered 2009 911 C4 Cab. List price on the car is $115,360 and the dealer's first offer is to sell it for $112,360. He is quoting a MF of .0028 and residuals of .59 (36 mos) or .53 (48 mos).
 
The questions I have are:
1) Is that the right MF? I've read here that it's currently .0027 and I've seen 3rd party lease rates on Porsches as low as .0026
2) Why are dealers so reluctant to negotiate on cars they order? I went through the same song and dance when I ordered my Audi (I ultimately got the car for $1000 over invoice) and they are starting it up again - 'we never lower the price on ordered cars, these are hard to get, blah, blah.'
 
Isn't an ordered car essentially risk-free money for them? They don't have to wait for someone to come in and take inventory off of their hands or hope that the config they chose will actually sell. What I'm getting at is how much leverage do I have to shop for the best deal (I'm in Boston and there are 8 dealers within 75 miles so I think I have plenty of options)?
 
Thanks!
Shawn
#138 of 247
Re: Leasing a custom ordered 2009 911 [phil0sophy] by eights38
Sep 24, 2008 (6:49 pm)
Reply

Replying to: phil0sophy (Sep 24, 2008 6:26 pm)

phil0sophy - Congratulations on your upcoming purchase.
 
1) The money factor through PFS is 0.00250 with top tier credit and the residuals are correct for 10,000 miles per year (they can't adjust the residual). Other banks such as USBank have been aggressive (relatively speaking), but they are currently not providing lease rates on this vehicle.
 
2) I think you could do better on the selling price.
 
Best,
Matt
eights38gmail.com

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