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Porsche Cayman Lease Questions

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

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

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#23 of 108 Cayman S - 6 speed lease question by mightykc01 Mar 11, 2007 (7:58 pm)
Car_Man,   What is the current money factors, and residuals for an '07 Cayman S 36 month lease 18K miles/year. I recently ordered a car for late May delivery (MSRP approx 63K, purchase price 58K) and when I asked the dealership what the current rates were they wouldn't give me an accurate quote. I wanted to do my research before picking up the car so I can get the best rate.   Also I am definitely leasing the car, and have no plans to purchase the car at the end of the lease. Will going with whoever gives me the best residual or lowest money factor give me the lowest monthly payment?   Thanks Replies to this message: vwguild1 (Mar 12, 2007 10:37 am) mightykc01 (Dec 19, 2006 11:43 am) changw1 (Mar 13, 2007 4:57 am) and 1 more... Car_man (Mar 20, 2007 1:40 am)
#24 of 108 Re: Cayman S - 6 speed lease question [mightykc01] by vwguild1 Mar 12, 2007 (10:37 am)
Replying to: mightykc01 (Mar 11, 2007 7:58 pm) The reason your Dealer could not provide Rates or Residuals is that they change month over month...What is accurate today will not be the same in May or June... Replies to this message: mightykc01 (Dec 19, 2006 11:43 am) changw1 (Mar 13, 2007 4:57 am) mightykc01 (Mar 15, 2007 5:34 pm)
#25 of 108 Re: Cayman S - 6 speed lease question [vwguild1] by mightykc01 Mar 12, 2007 (5:08 pm)
Replying to: vwguild1 (Mar 12, 2007 10:37 am) I understand they change from month to month but I wanted to get an idea of what the rates were since I doubt they would change significantly by May. Replies to this message: changw1 (Mar 13, 2007 4:57 am) mightykc01 (Mar 15, 2007 5:34 pm)
#26 of 108 Re: Cayman S - 6 speed lease question [mightykc01] by changw1 Mar 13, 2007 (4:57 am)
Replying to: mightykc01 (Dec 19, 2006 11:43 am) Check the March rate out here:   http://www.caymanclub.net/showthread.php?t=9664   Based on my research, residual goes down gradually over the course of the year. Replies to this message: mightykc01 (Mar 15, 2007 5:34 pm)
#27 of 108 Re: Cayman S - 6 speed lease question [changw1] by mightykc01 Mar 15, 2007 (5:34 pm)
Replying to: changw1 (Mar 13, 2007 4:57 am) Thanks changw1, I'm actually a member of the caymanclub and saw the post. I was hoping to get the rates Porsche financial offers.
#28 of 108 Lease rate by changw1 Mar 16, 2007 (10:34 am)
I believe those are the official PCNA rates. However, the money factor is based on tier-2 credit rate. The tier-one credit money factor should improve by 0.0001. Replies to this message: vwguild1 (Mar 16, 2007 11:34 am)
#29 of 108 Re: Lease rate [changw1] by vwguild1 Mar 16, 2007 (11:34 am)
Replying to: changw1 (Mar 16, 2007 10:34 am) FYI...That requires a score of 740+
#30 of 108 Re: Cayman Lease Help [namshik] by Car_man HOST Mar 20, 2007 (1:33 am)
Replying to: namshik (Feb 15, 2007 6:58 am) Thanks for the additional information, namshik. OK, so you're interested in seeing what the monthly payment would be like on a 36 month, 10,000 mile per year lease of a base 2007 Porsche Cayman without Tiptronic that has an MSRP of $50,196 and a selling price of $47,195. According to my calculations, this car's zero down, pre-tax monthly payment should be around $715.   Car_man Host Prices Paid Forum
#31 of 108 Re: 3 Year Lease Quote [changw1] by Car_man HOST Mar 20, 2007 (1:36 am)
Replying to: changw1 (Feb 18, 2007 1:08 am) You're very welcome, changw1. You're right, vehicles' residual values gradually decrease as the model year progresses. Porsche's lease programs usually run in two month increments. While there is no guarantee that a vehicle's residual value will drop when a new program is published, it's very possible that it will fall by a point or two.   Car_man Host Prices Paid Forum
#32 of 108 Re: Cayman S - 6 speed lease question [mightykc01] by Car_man HOST Mar 20, 2007 (1:40 am)
Replying to: mightykc01 (Mar 11, 2007 7:58 pm) Hi mightykc01. Porsche Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Porsche Cayman S without Tiptronic with 15,000 miles per year are .00310 and 57%, respectively. 15,000 miles per year is the highest mileage allowance that Porsche Credit publishes residual values for. I believe that if you need to drive more than this you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty. Some independent banks have better money factors than Porsche Credit, but their residual values tend to be worse.   Car_man Host Prices Paid Forum

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