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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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#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)
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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
#56 of 107
Re: Caymen Coupe Lease [chander] by habitat1
May 20, 2007 (4:23 pm)
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Replying to: chander (May 19, 2007 9:49 am)

Like I said, you should really drive both to see if the sport chrono is worth it to you. But it is interesting that both have the $2k PASM option, but only one has the $920 sport chrono. I use the "sport" setting on my PASM less than 10-20% of the time - usually only on smooth higways or smooth twisty roads. But I use the (separate) "sport" setting on the sport chrono about 50% of the time.
#57 of 107
Base Cayman lease or Used Cayman S Buy? by digiedit
Jun 03, 2007 (6:37 am)
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I'm looking at either leasing a standard Cayman (preferred package, heated seats, no bose) or buying a 2006 used Cayman S.
The dealership has told me that the MSRP on the base is $53,760 and they'll sell it for $47,400. With 2500 down the payments for 12k miles/48 months will be $690/month. Is this a good deal? Seems high to me.
The used Cayman S has 12500 miles on it, PASM, PCM, Bose, 19" wheels, Sport Chrono plus etc. They are listing it at $54,900. This seems to be a great price.
 
Any recommendations would be greatly appreciated
#58 of 107
Re: Base Cayman lease or Used Cayman S Buy? [digiedit] by habitat1
Jun 03, 2007 (1:45 pm)
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Replying to: digiedit (Jun 03, 2007 6:37 am)

What was the in service date and MSRP on the 2006 Cayman S. You should be able to pick up a brand new one at close to 10% off. Unless you are getting at least 25% off the equivalent MSRP on a used one (i.e. 15% discount to what you could buy a new one for), the price is too high. And if that 2006 was an early arrival that is now 20+ months old, I'd want the price to include an extended warranty.
 
Porsche lease rates are expensive, compared to say, BMW. If you would buy the Cayman S, why wouldn't you do the same with the base Cayman?
#59 of 107
Re: Base Cayman lease or Used Cayman S Buy? [habitat1] by digiedit
Jun 03, 2007 (2:38 pm)
Reply

Replying to: habitat1 (Jun 03, 2007 1:45 pm)

Not sure about the MSRP or date in service. I appreciate your insight. I agree that the lease rates are very high, especially when compared to BMW. What are your thoughts about Porsche Options financing? I prefer lease payments, but enjoy the feeling of actually owning the car.

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