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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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#46 of 107
Re: 2006 Cayman S Leftover [elmfd3s] by vwguild1
May 15, 2007 (10:08 am)
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Replying to: elmfd3s (May 14, 2007 1:18 am)

No longer available from any lender...only 2007
#47 of 107
Re: 2007 Cayman lease questions - help Carman! [habitat1] by b6s4
May 15, 2007 (3:33 pm)
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Replying to: habitat1 (Mar 22, 2007 11:30 am)

"Second, even though you may not care about ultimate performance, I'd have to disagree about the TT's weight. It is a cow. Nearly 3,500 lbs for the "roadster" is nearly 700 lbs more than my former S2000, 550+ lbs more than a loaded Boxster S that I considered in 2005 and 200 lbs more than the loaded 911 Carrera S Cabriolet that I bought. I even consider my 911 slightly heavy, but my daughters fit in the back and it's still capable of a low 4 second 0-60 sprint, so it's hard to complain. The TT - as with all Audi's - is just too damn heavy, without acceptable justification, IMO."
 
You must be confusing the new TT with the old. The new TT has an aluminum space frame and is some 300 lbs. lighter than the previous car. Car and Driver weighed the TT at 2960 lbs., which is lighter than the Boxster, Cayman, and 911.
#48 of 107
Re: Cayman Lease Help [Car_man] by b6s4
May 15, 2007 (3:42 pm)
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Replying to: Car_man (Feb 15, 2007 4:20 am)

"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."
 
This is not exactly true. The down payment goes to reducing the payoff amount on the lease, so you do not really lose the down payment. The payoff amount is the cost to purchase the car from the lease, and is the same amount for the insurance company to purchase the car from the leasing company, as in the case of an accident or if the car is stolen. The difference in the payoff amount and the street value of the car is refunded to you (or owed to the insurance company). I know this well because I have been through it.
#49 of 107
Re: 2006 Cayman S Leftover [vwguild1] by elmfd3s
May 15, 2007 (9:17 pm)
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Replying to: vwguild1 (May 15, 2007 10:08 am)

So, how does a dealer lease a brand new 2006 Cayman S on their lot?
#50 of 107
Re: 2006 Cayman S Leftover [elmfd3s] by kyfdx HOST
May 16, 2007 (3:35 am)
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Replying to: elmfd3s (May 15, 2007 9:17 pm)

Technically, you could still lease any car. You can even find an independent bank on your own.
 
But, if the Porsche dealer doesn't have a bank that wants to do it, then you can guess that the payment will be outrageous.
 
Leasecompare.com is a broker for independent bank leases. You can check out their website for quotes.
 
regards,
kyfdx
#51 of 107
Re: Cayman Lease Help [b6s4] by Car_man HOST
May 18, 2007 (2:47 am)
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Replying to: b6s4 (May 15, 2007 3:42 pm)

Thanks for sharing your experience, [b6s4. The problem with making a large down payment when leasing is that vehicles are often worth significantly less on the open market than what consumers owe to the bank that they are leasing through. If this happens, gap insurance covers the difference, but it does not refund any down payment that was made. Down payments have absolutely no impact upon vehicles' residual values or their lease-end purchase prices. While there is no guarantee that one will lose the down payment that they made on their lease if their vehicle is in an accident, it frequently does happen and in my opinion is not worth the risk.
 
Car_man
Host
Prices Paid Forum
#52 of 107
Re: 2007 Cayman lease questions - help Carman! [b6s4] by habitat1
May 19, 2007 (3:48 am)
Reply

Replying to: b6s4 (May 15, 2007 3:33 pm)

"You must be confusing the new TT with the old. The new TT has an aluminum space frame and is some 300 lbs. lighter than the previous car. Car and Driver weighed the TT at 2960 lbs., which is lighter than the Boxster, Cayman, and 911."
 
You need to get ALL of your facts straight. The TT coupe (not roadster), 4-cylinder (not V6), front wheel drive (not quatro) weighs in at 2,965 lbs. Which IS still heavier than the Boxster (a roadster), Cayman and S2000.
 
The V6 Quatro version of the TT coupe weighs in at 3,218 lbs, which is 100-150 lbs more than a 911 coupe. The roadster version of that model TT is up at least another 100 lbs.
 
If you want to contend that the anemic 4 cylinder, FWD TT coupe is not a pig becuase it slides in at just under 3,000 lbs, that's up to you. But pig or not, that car is absolutely NOT A SPORTS CAR, unless you also define the New Beetle as one. By the time you give the TT, coupe or roadster, the proper engine and Audi's stubborn, heavy quatro only alternative to FWD (where's RWD?) you are back to comparing it to farm animals relative to weight.
 
I believe in calling a pig a pig. You may want to consider the piglet version less offensive, but it's more competitive with econoboxes in performance than any of the other cars we are discussing here.
#53 of 107
Re: Caymen Coupe Lease [habitat1] by chander
May 19, 2007 (4:33 am)
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Replying to: habitat1 (Apr 03, 2007 2:41 am)

Hi Habitat,
Trying to decide between a Caymans S, one with a color I like but has no chrono vs another color which is my second choice but with chrono which is better?, Is it true the sweet engine sound is a little different with the chrono? This is once in life time purchase for me and want to make the right choice.
#54 of 107
Re: Caymen Coupe Lease [chander] by habitat1
May 19, 2007 (5:50 am)
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Replying to: chander (May 19, 2007 4:33 am)

That's a decision only you can make. Drive both.
 
Or if for some reason, you can't drive the one without the sport chrono, drive one with the sport chrono and decide if the difference between activating the "sport" button is worth taking your second choice in color.
 
I can't tell if there is a difference in engine sound with just the sport chrono because I also have the sport exhaust which is also activated by pressing the sport button. There is a big difference with the sport exhaust, but I don't think much, if any without. The "sport" feature on the sport chrono increases the throttle and braking response. It is quite noticable in my 911S. It may not add to the objective performance figures, but subjectively the car feels quicker.
 
Do either/both have PASM as well? That's standard on the "S" version of the 911, but I believe an option on the Cayman S.
#55 of 107
Re: Caymen Coupe Lease [habitat1] by chander
May 19, 2007 (9:49 am)
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Replying to: habitat1 (May 19, 2007 5:50 am)

Yes, Both with pasm,arctic without chrono and meteor grey with.Thanx for ur advise

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