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Porsche 911 Lease Questions

249 messages,  Last post on Dec 07, 2009 at 8:33 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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#169 of 249
Best Deals in NY/LI area?? by bosco42
Mar 26, 2009 (8:24 am)
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I am looking to obtain a 2009 C2S Tip or C4S Tip.......does anybody have a recommendation for who would be the most aggressive in their pricing in the NY/LI area ? Thanks for your help.
#170 of 249
Car Man Please Help by bosco42
Apr 07, 2009 (2:34 am)
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I am looking to lease an 09 C4S with 10K per year and would like to know the residual for calculating the lease price. (and to back into figuring what they are selling it to me for) . The car lists for $110,000 and I am getting a lease figure of $1400 including tax and no money down other than drive offs. Is this a good deal ? Thanks
#171 of 249
Re: 911 Lease Rates Feb 2009 [madmaxz06] by Car_man HOST
Apr 09, 2009 (2:13 am)
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Replying to: madmaxz06 (Mar 19, 2009 11:54 am)

No problem, Max. Porsche's current buy rate lease money factor for all 2009 911s is .00146, if you can find a dealer that has a certificate to use. Porsche is providing a $3,500 cash incentive on the 2009 911 Turbo and $2,000 on the 2009 911 Carerra S.
 
These cars' residual values vary by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 12,000 miles per year. Let me know if you want something different. Porsche's current residual value for these terms is 51% for the 2009 911 Turbo Coupe and 55% for the 911 Carerra S.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#172 of 249
Re: Residuals on a 2009 C4 cab and C2s cab [phil0sophy] by Car_man HOST
Apr 09, 2009 (2:23 am)
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Replying to: phil0sophy (Mar 19, 2009 4:28 pm)

Hi Shawn. Dealers that have certificates available can provide you with a money factor of .00146 on both of these cars. Porsche's current 36 month, 12,000 mile per year residual value for an '09 911 C4 Cabriolet is 53%. The resid for an otherwise identical 36 month lease of an '09 911 C2 Cabriolet is 55%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#173 of 249
Re: 911 Lease Rates Feb 2009 [glbmw] by Car_man HOST
Apr 09, 2009 (2:29 am)
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Replying to: glbmw (Mar 25, 2009 7:28 pm)

Hi glbmw. Dealers that have certificates available can offer the following terms. Porsche's current buy rate lease money factor and residual value for a 36 month lease of a 2009 911 C2 Coupe with 10,000 miles per year are .00146 and 58%, respectively. The numbers for an otherwise identical lease of an '09 911 C2 Coupe S are .00146 and 56%. The numbers for an '09 911 C4 Coupe are .00146 and 56%.
 
As far as cash allowances go, there is $1,000 on the '09 911 C2 Coupe, $2,000 on the C2 Coupe S, and $2,250 on the C4 Coupe.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#174 of 249
Re: Car Man Please Help [bosco42] by Car_man HOST
Apr 09, 2009 (2:33 am)
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Replying to: bosco42 (Apr 07, 2009 2:34 am)

Hi bosco42. Dealers that still have certificates can offer the following terms. Porsche Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2009 911 C4 S Coupe with 10,000 miles per year are .00146 and 54%, respectively. Porsche is providing a cash incentive of $2,250 on this car right now.
 
It would be easier for me to tell if you are getting a good deal on this car if you were able to provide me with its selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing it. I personally would never lease a car that I didn't know the selling price of. Doing so is sort of like financing one without knowing what the dealer is charging you. Let us know what this car's selling price is and I'm sure that either myself or another knowledgeable community member will tell you what they think.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#175 of 249
Re: Car Man Please Help [Car_man] by bosco42
Apr 12, 2009 (4:06 pm)
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Replying to: Car_man (Apr 09, 2009 2:33 am)

For April (and possibly longer) all 2009's are eligible for the Porsche program........no longer restricted by a limited number of certificates
#176 of 249
Re: Car Man Please Help [Car_man] by bosco42
Apr 13, 2009 (6:02 pm)
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Replying to: Car_man (Apr 09, 2009 2:33 am)

Going with a C2S instead of C4S
MSRP- $102,460
Selling Price- $92,150
 
So if the money factor is .00146 and the residual is 56% for 10K/yr, then is a lease price of $1292 which includes my taxes (8.625%) a good lease price ?? He claims he is selling it to me at about invoice for calculating the lease.
 
Dealer denies there is any "cash incentive" and says he is relying on the "holdback" money.
 
Thanks
#177 of 249
Re: Car Man Please Help [bosco42] by madmanmoo
Apr 14, 2009 (7:30 am)
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Replying to: bosco42 (Apr 13, 2009 6:02 pm)

No cashback on a lease. You are getting an aggressive rate which is bought down.
#178 of 249
Re: Car Man Please Help [madmanmoo] by bosco42
Apr 14, 2009 (12:56 pm)
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Replying to: madmanmoo (Apr 14, 2009 7:30 am)

"You are getting an aggressive rate which is bought down."
 
What do you mean by this ? Dont quite understand what being bought down means...thanks

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