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Prices Paid: Buying & Leasing Experiences Porsche Cayman Lease Questions
107 messages, Last post on Nov 04, 2009 at 4:34 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: mightykc01 (Dec 19, 2006 11:43 am) http://www.caymanclub.net/showthread.php?t=9664 Based on my research, residual goes down gradually over the course of the year.
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Replying to: changw1 (Mar 13, 2007 4:57 am) |
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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.
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Replying to: changw1 (Mar 16, 2007 10:34 am) |
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Replying to: namshik (Feb 15, 2007 6:58 am) Car_man Host Prices Paid Forum |
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Replying to: changw1 (Feb 18, 2007 1:08 am) Car_man Host Prices Paid Forum |
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Replying to: mightykc01 (Mar 11, 2007 7:58 pm) Car_man Host Prices Paid Forum |
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2007 Porsche Cayman, turned in by owner with 5K miles on it Red with tan leather Tiptronic S Preferred Package MSRP = 56K Price = $46,500 39 month lease 56% residual 12K/year mf = .00340 $2,300 negative equity from my Saab trade-in $3,700 total out of pocket at delivery payments of $799/mo I cannot figure out if this is a good deal or not. Sounds good considering the negative equity and the discount on the car, approx. $2k of out of pocket goes to fees (just tags on a Porsche are $850 in AZ!). Not often I can get into a Cayman with tip for $46,500 - but I am just concerned b/c it is fairly stripped down, no Bose, no xenons, no navi, no sunroof. But I would be willing to overlook these things if you told me this was a great deal. Any help Carman???? I probably need to act quick as I already put a deposit on a 2008 Audi TT roadtser leased at $680/mo. Thanks in advance for your help - or anybody else of course! Now if only someone could help me decide between the Cayman and the new TT roadster!!
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Replying to: lbh2315 (Mar 21, 2007 5:54 am) Forgive me in advance, but I'm feeling rather opinionated this morning and not inclined to mix my words or try to be politically correct. So take the following as you wish: - Do you know what the heck you are buying? The "Preferred Package" on the Cayman does include Xenons and Bose. - $680 to $800 per month for what? In the case of the TT a grossly overweight pretender of a sports car and in the case of the base Cayman, a competent sports car, but handicapped with that god-awful tiptronic. Obviously, you don't really care about performance...but, you are spending a small fortune for exactly what? Looks? For someone who is upside down to the tune of $2,300 on a Saab it seems like you like to waste your money. I get kick out of some who comment that I must be rolling in the dough to be driving a 2007 911S coupe. I do well, but a long way short of "rolling" as I define it. I negotiated a great discount to MSRP, paid cash and, based upon my calculations, it will cost me less than $800 per month over 3+ years. $8,000 to $10,000 per year to lease a TT or base Cayman with tiptronic? 
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Replying to: redsoxgirl (Mar 22, 2007 5:12 am) 1. The preferred package on the Cayman does NOT include Bose or xenons, that is the preferred package PLUS. 2. I assume you know plenty about cars. The new TT certainly is not overweight and the reviews have been absolutely stellar in saying that the TT can finally be called a sports car. That being said, no - performance is not number one in my book. Both the Cayman and the TT will out-perform 95% of the cars on the road, and that is good enough for me since 95% of my driving is done in harsh urban conditions. I don't need 0-60 in 4 seconds. So yes, I care about looks, build quality, good performance, value, service, technology and the fun factor. Either of these cars will be fun on a daily basis. 3. Wasting my money? Simple concept. Bought the Saab. Bad decision to ever buy a Saab because of depreciation. I can admit that. And at this point in time, I was interested in getting a new car and seeing if the inequity was going to kill me on a trade. If so, I wait a few months and get even and I have no worries. I think my reason for getting a Saab in the first place was because I didn't want to waste money living in the city on a car I didn't use much - now I am in the burbs and drive all the time. 4. As to your final comment, we simply choose to spend our money in different ways. I don't like to buy depreciating assets - that is why I normally lease and that is why I should have never bought the Saab. If I would have saved $80-$90K, I certainly would not have thrown it into buying a Porsche outright. When I have nice chunks of dough like that I invest with long term growth in mind. I am sure you have your investment strategies and I am sure they work for you. We just do things differently. And finally, yes - tiptronic. Again, I do a lot of driving in traffic and don't want to drive a stick. Simple as that. So, I guess thanks for your comments - considering that the majority of those who lease either of these cars are well into 700/800/900/mo payments, I wanted to see how the price and total lease package on the Porsche was. Obviously, you don't like the car, me or the deal. So I guess I have at least one opinion the matter. |
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