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Porsche Cayman Lease Questions

108 messages,  Last post on Nov 24, 2009 at 3:05 AM

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

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#48 of 108 Re: Cayman Lease Help [Car_man] by b6s4 May 15, 2007 (3:42 pm)
Replying to: Car_man (Feb 15, 2007 4:20 am) "What I can tell you is that $3,000 and $7,000 are way too much money to put down when leasing. I always advise consumers not to make large down payments on leased vehicles. Those who do risk losing them if their vehicle is totaled in an accident or stolen and never recovered."   This is not exactly true. The down payment goes to reducing the payoff amount on the lease, so you do not really lose the down payment. The payoff amount is the cost to purchase the car from the lease, and is the same amount for the insurance company to purchase the car from the leasing company, as in the case of an accident or if the car is stolen. The difference in the payoff amount and the street value of the car is refunded to you (or owed to the insurance company). I know this well because I have been through it. Replies to this message: Car_man (May 18, 2007 2:47 am)
#49 of 108 Re: 2006 Cayman S Leftover [vwguild1] by elmfd3s May 15, 2007 (9:17 pm)
Replying to: vwguild1 (May 15, 2007 10:08 am) So, how does a dealer lease a brand new 2006 Cayman S on their lot? Replies to this message: kyfdx (May 16, 2007 3:35 am)
#50 of 108 Re: 2006 Cayman S Leftover [elmfd3s] by kyfdx HOST May 16, 2007 (3:35 am)
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 108 Re: Cayman Lease Help [b6s4] by Car_man HOST May 18, 2007 (2:47 am)
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 108 Re: 2007 Cayman lease questions - help Carman! [b6s4] by habitat1 May 19, 2007 (3:48 am)
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 108 Re: Caymen Coupe Lease [habitat1] by chander May 19, 2007 (4:33 am)
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. Replies to this message: habitat1 (May 19, 2007 5:50 am) chander (May 19, 2007 9:49 am) habitat1 (May 20, 2007 4:23 pm)
#54 of 108 Re: Caymen Coupe Lease [chander] by habitat1 May 19, 2007 (5:50 am)
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. Replies to this message: chander (May 19, 2007 9:49 am) habitat1 (May 20, 2007 4:23 pm)
#55 of 108 Re: Caymen Coupe Lease [habitat1] by chander May 19, 2007 (9:49 am)
Replying to: habitat1 (May 19, 2007 5:50 am) Yes, Both with pasm,arctic without chrono and meteor grey with.Thanx for ur advise Replies to this message: habitat1 (May 20, 2007 4:23 pm)
#56 of 108 Re: Caymen Coupe Lease [chander] by habitat1 May 20, 2007 (4:23 pm)
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 108 Base Cayman lease or Used Cayman S Buy? by digiedit Jun 03, 2007 (6:37 am)
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 Replies to this message: habitat1 (Jun 03, 2007 1:45 pm) digiedit (Jun 03, 2007 2:38 pm) habitat1 (Jun 04, 2007 4:00 am)

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