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Prices Paid: Buying & Leasing Experiences Porsche Cayman Lease Questions
108 messages, Last post on Nov 24, 2009 at 3:05 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: digiedit (Jun 03, 2007 6:37 am) 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?
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Replying to: habitat1 (Jun 03, 2007 1:45 pm)
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Replying to: digiedit (Jun 03, 2007 2:38 pm) Paying cash is something I've been doing since my first new car in 1978. Not necessarily the most financially prudent way to pay for a car, but it's kept me from ever buying more than I could afford and there is no monthly pain. |
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Replying to: kyfdx (Dec 27, 2006 7:00 pm) Thanks. |
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Replying to: carnieve (Apr 02, 2007 12:30 pm) I too was drawn to the dealer by this lease add. Since then I have decided that I am interested in the following Cayman: Base Cayman 5 speed with no upgrades other than the Arctic Silver Paint, 18" Cayman S wheels and some floor mats. My credit is excellent, (above 800) I was quoted the following: 52,300 MSRP 48,789 Sale Price 3000 down 48 Month Lease 10K Miles per year $722.35 total monthly payment in CA (w/Tax) We hashed through so many different scenarios that I am not sure if they are taking into account about 2K in equity I have in my trade in this calculation or not. Miles aren't really an issue for me as I have another car, this is the weekend fun and trip car. I have played with the leasing calculator on the site, but still not sure if I am plugging the numbers in correctly Some have suggested that I save up more cash for a down payment and buy the car using extended financing such as a 72 Month loan. Any suggestions and guidance would be greatly appreciated.
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Replying to: voodooist (Jun 26, 2007 1:59 pm) I love it!!!
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Replying to: digiedit (Jun 26, 2007 5:37 pm) Can you shed some light on MSRP, Sell Price, residual, and money factor? Sounds like I can work myself a better deal. If so I may get my Cayman after all.
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Replying to: voodooist (Jun 26, 2007 7:24 pm) Sale Price $48,500 Trade in $21, 500 Amount owed on Trade in $22300 Down Payment $2800 (including first month) Residual $35220 Monthly payment $663 (includes negative equity for trade in) Not sure what they money factor is. Hope this helps
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Replying to: digiedit (Jun 28, 2007 5:59 am) Sounds like I should be able to work a better deal than offered the first time around. |
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Hello, I'm looking for suggestions on a Cayman Lease. So far this is the car I am looking at, though I did find one slightly more expensive with the heated seats, xenon lights and stereo upgrade that is an option also. Base Cayman 5 speed with no upgrades other than the Arctic Silver Paint, 18" Cayman S wheels and some floor mats. My credit is excellent, I was quoted the following: 52,300 MSRP 48,789 Sale Price 3000 down 48 Month Lease 10K Miles per year $722.35 total monthly payment in CA (w/Tax) We hashed through so many different scenarios that I am not sure if they are taking into account about 2K in equity I have in my trade in this calculation or not. Miles aren't really an issue for me as I have another car, this is the weekend fun and trip car. I have played with the leasing calculator on the site, but still not sure if I am plugging the numbers in correctly Some have suggested that I save up more cash for a down payment and buy the car using extended financing such as a 72 Month loan. Any suggestions and guidance would be greatly appreciated.
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