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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

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


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#5 of 107
Re: CAYMAN S LEASE MONEY FACTOR [hughd] by Car_man HOST
Jan 24, 2007 (2:40 am)
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Replying to: hughd (Jan 01, 2007 8:00 pm)

Here you go, Hugh. Porsche Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Porsche Cayman (non-S model) without a Tiptronic transmission with 10,000 miles per year are .00310 and 69%, respectively.
 
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#6 of 107
Lease Pricing Question by changw1
Jan 25, 2007 (12:59 am)
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Can someone tell me what is the money factor and residual value for a 30 and 36 months lease for a 2007 Cayman S assuming 10,000 miles per year? Thanks.
#7 of 107
3 Year Lease Quote by changw1
Jan 31, 2007 (9:46 am)
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I have been quoted a 3 year lease rate for a 2007 Cayman S (6 speed) with a money factor of 0.0031 and a residual of 61% with 10K miles/year. Is that a reasonable rate? Are documentation fee of $750 plus an annual Lease Fee of $85 standard fees charged by Porsche Leasing?
#8 of 107
Re: 3 Year Lease Quote [changw1] by carman77471
Jan 31, 2007 (8:32 pm)
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Replying to: changw1 (Jan 31, 2007 9:46 am)

What is the MSRP and pymt amount? How much down?
#9 of 107
Re: 3 Year Lease Quote [carman77471] by changw1
Jan 31, 2007 (10:55 pm)
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Replying to: carman77471 (Jan 31, 2007 8:32 pm)

That price is based on 66000 MSRP and a 62000 Net cost. Zero down.
#10 of 107
Re: 3 Year Lease Quote [changw1] by carman77471
Feb 01, 2007 (9:24 pm)
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Replying to: changw1 (Jan 31, 2007 10:55 pm)

Your pymt amount?
#11 of 107
Cayman Lease Help by namshik
Feb 14, 2007 (8:31 pm)
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I need your help guys and would really appreciate it. I'm looking into leasing, if possible, a 07 Porsche Cayman. I'm not really interested in any of the options but would like automatic. The invoice on a base Cayman is $43,075.00 but I don't think any dealer wants to sell it at invoice or close to it.
 
The latest lease special I've seen was the following on a $49500 MSRP
 
Down: 7,000
Monthly: 399
Months: 36
Miles/Month: 10,000
 
I'm looking at something more along the lines of,
 
Down: 3,000
Monthly: 500
Months: 36
Miles/Month: 10,000
 
I think this is possible if the dealer sells the vehicle close to invoice. Please advise.
#12 of 107
Re: Lease Pricing Question [changw1] by Car_man HOST
Feb 15, 2007 (3:39 am)
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Replying to: changw1 (Jan 25, 2007 12:59 am)

Hi changw1. Here's the information that you're looking for. Porsche Credit's current buy rate lease money factor and residual value for a 24 month (I haven't seen this car's 30 month lease program) lease of a 2007 Porsche Cayman S with 10,000 miles per year are .00310 and 69%, respectively. The numbers for an otherwise identical 36 month lease are .00310 and 61%.
 
Car_man
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#13 of 107
Re: 3 Year Lease Quote [changw1] by Car_man HOST
Feb 15, 2007 (3:42 am)
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Replying to: changw1 (Jan 31, 2007 9:46 am)

Hi changw1. The money factor and residual value that you were quoted for the Cayman that you are interested in are right in line with Porsche Credit's current lease program for it. Porsche Credit charges a $745 acquisition fee on every vehicle that it leases. If you are charged any other "doc fees" in addition to that it is nothing more than a way for the dealer that you are working with to add additional profit to your deal.
 
Car_man
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Prices Paid Forum
#14 of 107
Re: Cayman Lease Help [namshik] by Car_man HOST
Feb 15, 2007 (4:20 am)
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Replying to: namshik (Feb 14, 2007 8:31 pm)

Hello namshik. I don't know exactly how much you will have to pay for a 2007 Cayman right now, but you're right I highly doubt that you will be able to get a Cayman for close to dealer invoice. What I can tell you is that $3,000 and $7,000 are way too much money to put down when leasing. I always advise consumers not to make large down payments on leased vehicles. Those who do risk losing them if their vehicle is totaled in an accident or stolen and never recovered.
 
I would be happy to use Porsche Credit's current lease program to tell you exactly how much it would cost you to lease this car right now. Just provide me with the full MSRP and approximate selling price of the exact Cayman that you want and I'll crunch some numbers for you.
 
Car_man
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Prices Paid Forum

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