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Porsche Cayman Lease Questions

200 messages,  Last post on Apr 23, 2013 at 1:03 PM

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

Messages Page 19 of 20

#180 of 200 Thanks Car man... by easy87

Aug 18, 2011 (12:07 pm)

I appreciate the info. I am in a bit of a delimma....
 
I finally found a dealer that has the changable custom build slot I need and they are willing to play ball with the 3-5% over invoice deal I want (rather than the 10-11% that sticker represents over invoice) and I have my 2012 Cayman S all configured (74K MSRP as configured including all 'Porsche exclusive' options I have opted for) and I'm 100% ready to order but my concern is that I have no idea what may happen with these lease numbers between now and my November or December delivery.
 
Is this a common problem where if you want a custom build for a lease you just have to "take a leap of faith" that the lease deal wont change drastically for the worse between your order deposit commitment and your delivery date? I am told that there is no way to lock in the lease rates that are in place with PFS at the time of the order even though I am making the deposit commitment to the car. Thoughts? Advice?
 
Also, interesting to hear that the "sweet spot" best deal on the Cayman S lease is now the 18 month at a money factor of .00030. I would not mind owning the car 3 years but the 18 month may be a better way to go with that in mind.
 
What is the risidual on that 18 month at 7,500 miles per/yr?
 
Also factored into this thought process and decision is the unknown and rumor on a Cayman redesign for 2013 or 2014 model year. Any insight or speculation that you may have on that?
 
I really appreciate as much detailed response and insight, thoughts, opinions as you are willing to share with me on my thought process here. Thanks.

#181 of 200 Car Man... by easy87

Aug 23, 2011 (4:19 pm)

When you get a chance, please reply to my post above. Thanks! I greatly appreciate it.

#182 of 200 Re: Thanks Car man... [easy87] by Car_man HOST

Aug 24, 2011 (4:11 pm)

Replying to: easy87 (Aug 18, 2011 12:07 pm)
You're welcome easy87. Some manufacturers, like BMW, will let consumers lock-in the lease program that is available on the vehicle that they want at the time they place their order and then take advantage of whichever is better, that program or the current one, when they take delivery. I'm not sure if Porsche offers such a program, but it wouldn't hurt to ask your dealer and see what they say because PFS' current lease program is only scheduled to run through September 30th and it's difficult to say what it will be like later in the year.
 
I'm not sure what the 18 month, 7,500 mile residual value is for this car, but I'll see if I can find out for you.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#183 of 200 Car man... by easy87

Aug 29, 2011 (1:27 pm)

Any luck finding out the residual and money factor combo details for both 18 month and 24 month leases on a 2012 Cayman S (manual) with 7,500 miles/yr? Thanks.
 
Also, do you know if there is a mileage allowance option below 7,500? Didnt there use to be a 5,000 mi/yr option that gave you a 1 percent bump up on residual from the 7,500 mi/yr option?

#184 of 200 2011 Cayman S PDK October rates by marc114

Oct 24, 2011 (2:02 pm)

Hi Carman:
 
I am looking at leasing this vehicle.
 
Can you provide the following --
 
18 month lease (still the best?) - residual and MF
24 month lease - same
36 month lease - same
 
Also do you know if there is any dealer cash on this car? Thank you so much!!!!!!!

#185 of 200 Re: 2011 Cayman S PDK October rates [marc114] by marc114

Oct 24, 2011 (2:02 pm)

Replying to: marc114 (Oct 24, 2011 2:02 pm)
Would be for 15K miles per year.. thanks.

#186 of 200 Re: 2011 Cayman S PDK October rates [marc114] by marc114

Oct 25, 2011 (12:02 pm)

Replying to: marc114 (Oct 24, 2011 2:02 pm)
Hi Guys can you respond soon if possible, I'm trying to close a deal on this today if I can. Thanks so much, I really appreciate the info!

#187 of 200 Re: 2011 Cayman S PDK October rates [marc114] by Car_man HOST

Oct 25, 2011 (4:35 pm)

Replying to: marc114 (Oct 24, 2011 2:02 pm)
Hey marc114. I don't think that Porsche is offering 18-month leases on this car any longer. Porsche Financial Services' October buy rate lease money factor and residual value for a 24-month lease of a 2011 Cayman S PDK with 15,000 miles per year are .00118 and 62%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 36-month lease are .00118 and 51%.
 
Porsche is providing dealer cash on leftover 911s and Panameras, but I haven't heard anything about cash on 2011 Caymans.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#188 of 200 Re: 2011 Cayman S PDK October rates [Car_man] by marc114

Oct 26, 2011 (9:56 am)

Replying to: Car_man (Oct 25, 2011 4:35 pm)
Thanks so much Carman! The dealer told me the same residual but 158 on the MF. I'm assuming either that is a rate markup, or that 118 requires a stratospheric credit score, and 158 is the normal tier. What do you think?

#189 of 200 Re: 2011 Cayman S PDK October rates [marc114] by Car_man HOST

Nov 27, 2011 (3:28 pm)

Replying to: marc114 (Oct 26, 2011 9:56 am)
You're welcome marc114. I'm guessing that the dealer is attempting to mark your car's factor up on you.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 19 of 20

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