200 messages,
Last post on Apr 23, 2013 at 1:03 PM
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Porsche Cayman, Porsche Cayman S, Car Leasing, Car Buying, Coupe
#192 of 200 Carman???
by easy87
Jan 02, 2012 (7:35 am)
You there???
#193 of 200 Re: Latest (Dec./Jan.) PFS lease details on 2012 Cayman S [easy87]
by Car_man HOST
Jan 22, 2012 (11:35 am)
Hi easy87. Porsche Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2012 Cayman S with 7,500 miles per year are .00200 and 61%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 39-month lease are .00200 and 51%.
Wow, if that's correct that's a big drop in residuals for only 3 additional months. Go with the 36-month term.
I'm not sure if PFS offers leases with less than 7,500 miles per year. It might, so it wouldn't hurt to ask.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#195 of 200 Lower mileage allowances
by kyfdx HOST
Jan 22, 2012 (7:37 pm)
I'm not sure if it is available on all Porsches, but there was a newspaper advertisement, yesterday for 27 month, 5K/yr leases on Carrera GTSs...
$5000 due at signing and $1249/mo...
#196 of 200 Latest Lease Rates
by skid34
Apr 11, 2013 (8:19 am)
Wow, this topic has not been updated for a while! My lease is expiring in a few months and I'm looking at potential candidates. Car_man, could you provide the residual and MF for the 2013 "New" Porsche Cayman, 12,000 miles per year under 24 and 36 month terms? Thanks!
It seems like the 991 rates are so much better than the Cayman's it almost makes no sense to lease it, and only makes sense in a buying comparison. This is just going off their price calculator online.
#197 of 200 Re: Latest Lease Rates [skid34]
by dman123
Apr 14, 2013 (6:52 am)
I was given 57% and 70% for 12k miles 36 mo and 24 mo respectively by the dealer. MF was .0028, but i think that was inflated from the .002 that is in the boxster forum.
#198 of 200 Re: Latest Lease Rates [dman123]
by atsor3
Apr 16, 2013 (8:28 am)
Yes 0.002 should be the base MF, but the 2014 Cayman may command a higher MF. The 70% residual is much worse than 76% for the base 911.
#199 of 200 Re: Latest Lease Rates [atsor3]
by skid34
Apr 19, 2013 (8:22 am)
Thanks for the help both of you. In reality, my current lease doesn't actually end too soon. I'm just very excited to get something new. I potentially have the option to get another MB close to the end of the year, or wait it out 'til early next year and move to another brand which I think I am likely to do since nothing in their stable really appeals to me right now.
My goals for the next lease are $0 cap cost reduction, taxes & bank fees upfront, max monthly payment $800/month, whether it's 24 or 36 I don't really mind. Is this monthly payment realistic for Porsche?
Using those lease amounts and 7-11% off sticker an optioned out Cayman comes up to about $700-750/month. A Base 911 would probably crack $800, right? It just seems like for that much more "car" it might be worth it. What's a common Invoice/MSRP % for Porsche?
#200 of 200 Re: Latest Lease Rates [skid34]
by konoyei
Apr 23, 2013 (1:03 pm)
I would be surprised if you are able to get a 7-11% off sticker price for the 2014 Cayman.
I got offered:
68% Residual (12k miles/year, 24 months)
55% Residual (12k miles/year, 36 months)
48% Residual (12k miles/year, 48 months)
and 0.0024 MF the other day.
The MF is way inflated in my opinion and the 13 point drop between 24 and 36 months also puzzled me a bit. Anyone else can share their opinion?