Porsche Cayman Lease Questions

107 messages, Last post on Nov 04, 2009 at 4:34 PM

#105 of 107 cayman lease by patco2927 Sep 23, 2009 (12:38 pm)
Autobahn Porsche in Ft Worth Texas
#106 of 107 Tier 1 credit by frequencydip Sep 24, 2009 (7:37 am)
Can you please tell me what experian credit score Porsche finance considers tier 1?
#107 of 107 Lease of Pre-owned 06 Cayman $...Major Penalty? by dwpc Nov 04, 2009 (4:34 pm)
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.)