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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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#75 of 107
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 107
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 107
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 107
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 107
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.
#81 of 107
Re: Current Porsche Money Factor [speedracerette] by hannab
Jul 22, 2008 (3:54 pm)
Reply

Replying to: speedracerette (Jul 21, 2008 6:48 pm)

36 months - 12 K
Cayman 61% residual, MF = .0026
Cayman S 59 % - same MF
#82 of 107
Re: Current Porsche Money Factor [hannab] by speedracerette
Jul 22, 2008 (8:08 pm)
Reply

Replying to: hannab (Jul 22, 2008 3:54 pm)

Hmmmph. The F&I guy told me "I'm giving you my buy rate" at .0033. I thought that sounded high.
 
Now he just gets a check and no money on the backend.
 
Thanks hannab!
#83 of 107
Leasing quote is this any good? by tightymcfish
Sep 02, 2008 (3:04 pm)
Reply
Here was a dealer told me on either a 2008 Boxster or a red 2008 Cayman
 
15kmiles/year $539+tax
18kmiles/year $596+tax
36months
 
MSRP 51000
Negoitated down to 47000
Residual 53%
MF .0030
5900 down
 
Is this a good deal?
#84 of 107
Re: Leasing quote is this any good? [tightymcfish] by Car_man HOST
Sep 12, 2008 (1:58 am)
Reply

Replying to: tightymcfish (Sep 02, 2008 3:04 pm)

Hi tightymcfish. Let me begin by saying that $5,000 is way too much money to put down on a lease. I always advise consumers not to make large down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled. Even though it means that your monthly payment will be a little higher, it would be much safer for you to go with a zero down lease.
 
Also, the money factor that you were quoted is a little on the high side. Porsche Credit's current buy rate lease money factor is .00250 for consumers who qualify for its top credit tier. See if you can get the dealer to use that factor to calculate your car's payment.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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