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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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#83 of 108
Leasing quote is this any good? by tightymcfish
Sep 02, 2008 (3:04 pm)
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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 108
Re: Leasing quote is this any good? [tightymcfish] by Car_man HOST
Sep 12, 2008 (1:58 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#85 of 108
Re: Leasing quote is this any good? [Car_man] by hannab
Sep 20, 2008 (12:17 am)
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Replying to: Car_man (Sep 12, 2008 1:58 am)

Car_man is correct, this is not a fair offer. I leased an 08 Cayman in Aug. MSRP 53,300. Cap cost 47,000, MF .0025, resid for 36 mo /15K should be 57%.
 Payment on your car should be about $590 with ZERO down.
#86 of 108
Cayman lease 2008 by bimmerlovr
Nov 30, 2008 (3:47 pm)
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hi guys, i'm thining of embarking on my first porsche lease!!
 
Does anyone know what a good lease (mf, residual, etc) for 24 months on a Cayman 2008 should be? i'm looking at one with an msrp of about 55k with a cap cost of 51k.
 
thank you!!
#87 of 108
Re: Cayman lease 2008 [bimmerlovr] by Car_man HOST
Dec 10, 2008 (5:08 pm)
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Replying to: bimmerlovr (Nov 30, 2008 3:47 pm)

Welcome bimmerlovr. Porsche Credit's current buy rate lease money factor and residual value for a 24 month lease of a base 2008 Cayman with 15,000 miles per year are .00270 and 54%, respectively. If you choose to go with a 36 month lease, Porsche is running a special conquest promotion for current owners of competitive vehicles which provides a money factor of .00208 (57% residual value).
 
I am not personally familiar with what the market is like for the Cayman in your area right now, but I can tell you that business at Porsche dealers in general is very, very slow right now. Shoot for as close to dealer invoice as possible when negotiating your selling price on this car. You can look up the invoice price of the exact model that you want by visiting the New Vehicle Pricing section of Edmunds.com.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#88 of 108
current lease deals on 09 porsche cayman by crocodiletears
May 18, 2009 (10:43 am)
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what are the current lease deals on an 09 cayman? i'm looking to get a basic one (pdk, heat, ipod, bluetooth) around 52-53k off of 58 msrp. zero down, 10k.
#89 of 108
Re: current lease deals on 09 porsche cayman [crocodiletears] by crocodiletears
Jun 29, 2009 (2:16 pm)
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Replying to: crocodiletears (May 18, 2009 10:43 am)

what are the lease rates on a 09 cayman?
#90 of 108
Re: current lease deals on 09 porsche cayman [crocodiletears] by Car_man HOST
Jul 09, 2009 (1:58 am)
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Replying to: crocodiletears (Jun 29, 2009 2:16 pm)

Hey croc. You're in luck, Porsche just introduced a new special lease program for July featuring a special lease money factor of .00146 on all models. That's about as good as it gets on Porsches. If you want to get one, now is the time to do so.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#91 of 108
2009 Cayman Lease deal by 9squaregrid
Jul 12, 2009 (7:39 pm)
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Thanks to Car_man's post the other day that alerted me to Porsche's new, lower lease rates, I pulled the trigger on an '09 Cayman this weekend.
 
The deal was as follows:
MSRP- 57,270
Gross Cap Cost - 50,247 (12.25% discount from MSRP)
Residual- 33,216 (58%)
MF - .00146
Months - 36
Miles/yr- 10,000
pmt- $597
 
I paid taxes, acq & doc fee up front, but put no extra money towards Cap cost.
 
I'm happy with the deal, and VERY happy with the Porsche!
#92 of 108
Re: 2009 Cayman Lease deal [9squaregrid] by crobar1
Jul 14, 2009 (5:47 am)
Reply

Replying to: 9squaregrid (Jul 12, 2009 7:39 pm)

9squaregrid,
 
Where are you located? Would love to bring these numbers into my dealer.
 
Thanks,

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