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Porsche 911 Lease Questions

249 messages,  Last post on Dec 07, 2009 at 8:33 PM

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

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#220 of 249 Leasing a used 911 by dwpc Nov 02, 2009 (11:27 am)
It looks like the flat depreciation on late model used 911s should make for a great lease deal. The Porsche website doesn't say anything about pre-owned car leases except that they offer them on cars up to 5 yrs old. I haven't leased a car in about ten years and need a refresher on evaluating a deal. I've never leased a used car. I hope some one can refer me to an informative website and maybe provide the Porsche MF for a used 911. Is it a good idea to negotiate a lease via e-mail?   The dealer seems resistant to discussing a used car lease and I'd like to go back fully prepared. BTW, the car is a Porsche-certified '05 911 Carrera (997?) with 50K miles . I still need to research maintenance costs that I might be exposed to.
#221 of 249 Re: can you help me please [Car_man] by smirza2000 Nov 02, 2009 (11:39 am)
Replying to: Car_man (Aug 31, 2009 2:22 am) Hi Carman, Requesting your input.. I am new to the Porsche leasing/buying process, didn't realize/reaseacrh enough. I should have found this board before leasing my 2009 Porshe.    I just wanted to get feedback. I paid 5K total closing costs and my monthly lease payment is $1857/=. I was offered a $1927 lease for a 2009 PDK Carrera S (not 4S or cabriolet) by another dealer in Miami. I bought this car from mid west.   Its a loaded Carrera 4S Cabriolet with Sports chrono, nav, bluetooth etc, with MSRP of $124K. So when I saw a 2009 4S cabrioloet with PDK (yr 2009), I thought $1857 with 5K (includes first payment) down is a good deal. It is too late now, but am just checking for future, if this is too much price, average or did I get a good deal? Thanks. Replies to this message: Car_man (Nov 23, 2009 3:26 am)
#222 of 249 CarMan...Any advise on leasing an '07? by dwpc Nov 04, 2009 (11:01 am)
Hi. More on my hope to lease a pre-owned 07 Cayman S Porsche dealer's quote for a 36 mo. lease of a pre-owned '07 Cayman S: Price $41.5K Cash Down $7.5K MF .00350 48% residual (on price) "bank fee" of $895 Pmt: $670+ tax   Not good. I could get essentially the same pmt on a brand new 09' Cayman S with a little price haggling. Or a stock Cayman for $100/mo less and 50% less $$ down.   I expected a lower MF reflecting the going loan rates and much a higher residual because its past the worst depreciation years and its a Porsche. With those lease variables, there's no way to get a price low enough to make up for the low residual and this work. Are my expectations unrealistic? Replies to this message: Car_man (Nov 23, 2009 3:37 am)
#223 of 249 Good deal on 2009 911 coupe w/pdk? by blackberryxyz Nov 09, 2009 (9:04 pm)
Carman and/or others:   I am looking at a lease offer for 2009 demo 911 Carrera coupe with PDK for $7,500.00 drive away and $800.00 a month before tax or roughly $36k all in for the 3 year lease. 36 months 10k miles/month    The car has less than 2,000 miles and has never been titled as it is a dealer demo car therefore qualifies as new for lease purposes. Original MSRP around 86k   Sounds pretty good to me, thoughts from anyone asap? thanks   (I also saw a 2009 911 arctic blue cab over the summer for roughly $43k all in for a 36 month lease but my wife hated the color and nixed the deal. There dont seem to be those types of deals around for the 2009 cabs at least what I have seen here in California, both north and south.) Replies to this message: Car_man (Nov 24, 2009 2:42 am)
#224 of 249 End of Year Residuals and Money Factors by gre09 Nov 20, 2009 (3:17 pm)
Car man:   What are the residuals on remaining '09 911s? Ex.: 36month/10k miles/year?   Is the Money Factor still .00146?   Thanks Replies to this message: Car_man (Nov 24, 2009 2:46 am)
#225 of 249 Re: can you help me please [smirza2000] by Car_man HOST Nov 23, 2009 (3:26 am)
Replying to: smirza2000 (Nov 02, 2009 11:39 am) Hi smirza2000. The easiest way for me to evaluate this deal would be to look at the selling price that your lease was based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Let me know how much you paid for your 911 and I'll tell you what I think.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#226 of 249 Re: CarMan...Any advise on leasing an '07? [dwpc] by Car_man HOST Nov 23, 2009 (3:37 am)
Replying to: dwpc (Nov 04, 2009 11:01 am) Hi dwpc. The problem with leasing pre-owned vehicles is that manufacturers usually provide more support on new vehicle leases than on used. As a result, the difference in cost between leasing a CPO vehicle and a similar brand new one is often not nearly as large as one would think it should be.   If I was interested in leasing a Cayman right now, I personally would go with a 2009 model and take advantage of the lease support that is available on it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#227 of 249 Current Offers by gre09 Nov 23, 2009 (10:03 am)
To Car Man:   What are the current lease offers on remaining '09 911 inventory?   Is the residual 55% or 58% on a 36month/10,000 miles/year lease?   Is there a current ***promotional???***money factor?   Thanks Replies to this message: Car_man (Nov 24, 2009 2:50 am)
#228 of 249 Re: Good deal on 2009 911 coupe w/pdk? [blackberryxyz] by Car_man HOST Nov 24, 2009 (2:42 am)
Replying to: blackberryxyz (Nov 09, 2009 9:04 pm) Hi blackberryxyz. I always find that the easiest way to evaluate a lease is to look at the selling price that the vehicle that one is interested in is based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how large a dealer discount you are being given.   Let us know what this 911's selling price is and I'm sure that either myself or another knowledgeable community member will gladly tell you what they think.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#229 of 249 Re: End of Year Residuals and Money Factors [gre09] by Car_man HOST Nov 24, 2009 (2:46 am)
Replying to: gre09 (Nov 20, 2009 3:17 pm) Hey gre09. Yes, Porsche's special buy rate lease money factor is indeed still .00146 on 2009 models.   Porsche Financial Services' residual values for the 911 vary by trim level. For instance, its 36-month, 10,000 mile per year resid for an '09 911 Coupe is 56% and the resid for the '09 911 Cab is 54%. I would be happy to give you an idea of what the current residual value is like for the exact model that you are interested in if you describe it to me.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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