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Porsche Cayman Lease Questions

108 messages,  Last post on Nov 24, 2009 at 3:05 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Porsche Cayman, Porsche Cayman S, Car Leasing, Car Buying, Coupe


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#99 of 108
Re: Cayman [beaub] by Car_man HOST
Aug 12, 2009 (2:41 am)
Reply

Replying to: beaub (Jul 28, 2009 9:04 am)

You're very welcome, beaub. It's good that the dealer that you're working with is giving you the base money factor. If they aren't willing to go as low as you would like on the car's selling price, you can always comparison shop with a few other dealers. Pitting dealers against each other is always a good technique for getting a low price.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#100 of 108
Re: 2009 Cayman Lease deal [9squaregrid] by nyubxtr
Aug 20, 2009 (4:38 pm)
Reply

Replying to: 9squaregrid (Jul 12, 2009 7:39 pm)

That's a great deal! I am looking for the Cayman as well. What dealership did you get the deal from? or what city did you get it from? I would love to get the same deal from Southern California dealerships.
#101 of 108
Re: 2009 Cayman Lease deal [9squaregrid] by patco2927
Sep 17, 2009 (7:10 am)
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Replying to: 9squaregrid (Jul 12, 2009 7:39 pm)

Just took delivery 3 days ago on a 2009 Cayman, well optioned, 15K miles per year, 36 months, ZERO $ down except first payment. $725.00 month. Car is fantastic. Well worth the price and Porsche dealer was way more comptetive in pricing my lease than the BMW dealer on a 2009 135.
#102 of 108
Re: 2009 Cayman Lease deal [patco2927] by namshik
Sep 18, 2009 (4:53 pm)
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Replying to: patco2927 (Sep 17, 2009 7:10 am)

is 725 including tax?
what was the msrp on the car?
#103 of 108
Re: 2009 Cayman Lease deal [9squaregrid] by kidzdoc
Sep 20, 2009 (2:13 pm)
Reply

Replying to: 9squaregrid (Jul 12, 2009 7:39 pm)

Great deal you got, 9square. Here's the offer I received for a '09 Cayman S PDK:
 
MSRP - 67,480
Cap Cost - 63,000 (6.6% discount)
Residual - 35,089 (52%)
MF - 0.00146
Months - 36
Miles/yr - 15,000
 
Payment - $1,025/month
 
Any comments?
Thanks.
#104 of 108
Re: 2009 Cayman Lease deal [9squaregrid] by neil55
Sep 23, 2009 (12:25 pm)
Reply

Replying to: 9squaregrid (Jul 12, 2009 7:39 pm)

Great deal 9square !
which dealership did you use ?
#105 of 108
cayman lease by patco2927
Sep 23, 2009 (12:38 pm)
Reply
Autobahn Porsche in Ft Worth Texas
#106 of 108
Tier 1 credit by frequencydip
Sep 24, 2009 (7:37 am)
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Can you please tell me what experian credit score Porsche finance considers tier 1?
#107 of 108
Lease of Pre-owned 06 Cayman $...Major Penalty? by dwpc
Nov 04, 2009 (4:34 pm)
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Hi Carman:
 
I thought I'd get a bargain by leasing a pre-owned 06 Cayman S. The
Porsche dealer's quote for a 36 mo. 12K/yr lease was:
Price $41.5K
Cash Down $7.5K
MF .00350
48% residual (on price)
"bank fee" of $895
Pmt: $670+ tax
  
Not good. Looks like they really don't want to lease pre-owned cars. 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? It looks like I'll have to forget this as a bargain.
 
(i inadvertently posted this on the 911 forum too.)
#108 of 108
Re: Lease of Pre-owned 06 Cayman $...Major Penalty? [dwpc] by Car_man HOST
Nov 24, 2009 (3:05 am)
Reply

Replying to: dwpc (Nov 04, 2009 4:34 pm)

Hi dwpc. the problem with leasing CPO vehicles is that manufacturers usually provide much more support on new vehicle leases than they do on used. As a result, as you have seen there is often not much difference in payment between leasing a used vehicle and an equivalent brand new one.
 
From the manufacturer's perspective this makes sense, they earn a profit every time they sell a brand new vehicle but there's very little benefit to them if a consumer leases a used vehicle other than perhaps stronger resale values and a fee for certifying the car / truck.
 
If I was in the market for a Cayman, I personally would go new over used.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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