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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

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


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#71 of 108
Re: 2008 Cayman Lease, 36 mo. and $2500-3000 down [vmichael] by digiedit
Sep 25, 2007 (5:28 pm)
Reply

Replying to: vmichael (Sep 23, 2007 6:40 pm)

You should be able to do better. This was my deal in June in Dallas, TX - BTW, The Cayman is a great car, but be prepared for every idiot kid in a Honda Civic / Mitsubishi Eclipse wanting to race you at stop lights - its actually kind of funny. I just sit there and watch them floor it - i'm WAY too old for that
 
MSRP - 54, 760
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.
#72 of 108
Re: 2008 Cayman Lease, 36 mo. and $2500-3000 down [vmichael] by Car_man HOST
Oct 23, 2007 (1:23 am)
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Replying to: vmichael (Sep 23, 2007 6:40 pm)

Welcome vmichael. Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. The best way to get a good deal on a leased vehicle is to negotiate its selling price and then have the dealer that gives you a price that you are comfortable with calculate your monthly payment using its buy rate lease money factor. Porsche Credit's current buy rate lease money factor for a 36 month lease of a 2008 Cayman is currently .00310 for consumers who qualify for its top credit tier.
 
I would be happy to give you my opinion of this deal if you tell me what this car's selling price is.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#73 of 108
Car_Man is above MF correct? by hannab
Oct 24, 2007 (4:39 am)
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The 36 mo MF's I am seeing are .00320, without mention of tiers.
Thanks for all your valuable info.
#74 of 108
Re: Car_Man is above MF correct? [hannab] by Car_man HOST
Dec 04, 2007 (3:22 am)
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Replying to: hannab (Oct 24, 2007 4:39 am)

You're welcome, hannab. Through the end of the year, Porsche Credit's buy rate lease money factor is definitely .00310 for consumers who qualify for its top credit tier and pay a security deposit and its $745 acquisition fee at lease signing.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#75 of 108
Re: Car_Man is above MF correct? [Car_man] by alphaomega
Dec 07, 2007 (4:54 pm)
Reply

Replying to: Car_man (Dec 04, 2007 3:22 am)

Should I take the below offer?
 
2007 Cayman
MSPR $56000
Selling price : $46000
TDO : $4000
Montly payment : $618 + tax
Residual : $31000
 
What do you think, Car Man?
#76 of 108
cayman 2007 lease by mpc911
Apr 09, 2008 (10:02 am)
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I am looking at leasing a remaining 2007 cayman that my dealership has left.
MSRP 53,490
discounted to 45,900
5200 total down
36 month lease $679 (includes taxes)
Is this a good deal?
I think it may be too much down.
What is the current money factor?
Any help is appreciated
#78 of 108
Lease Question by robinke
May 10, 2008 (8:49 am)
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Car_Man
 
My local Porsche dealer quoted a money factor of .0027 and a residual of 62% for a 36 month, 10,000 mile lease for a base Cayman. Have they marked up the rate? The Cayman lease advertised on the Porsche website appears to have a money factor of .0025 and a residual of 62% for the same terms. Also, can anyone advise on the price, i.e. how close to the invoice should I expect to pay? Thanks!
#79 of 108
Re: Lease Question [robinke] by Car_man HOST
May 21, 2008 (2:44 am)
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Replying to: robinke (May 10, 2008 8:49 am)

Hey robinke. The dealer that you are working with dis mark your car's money factor up slightly, but not nearly as badly as many Porsche dealers that I have seen. Porsche Credit's May buy rate lease money factor is .00250. Make sure to stop by the "Porsche Cayman Prices Paid and Buying Experience" discussion for feedback on how much you should pay for this car.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#80 of 108
Current Porsche Money Factor by speedracerette
Jul 21, 2008 (6:48 pm)
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Can you please provide the dealers current buy rate for a 36 month, 12,000 Porsche lease for Tier 1 credit?
 
Thanks in advance.

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