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2014 Porsche 911 Lease Questions

steverstever Viva Las CrucesPosts: 41,312
edited September 22 in Porsche
Welcome to the Edmunds discussion dedicated to 2014 Porsche 911 leasing questions.
Here you can find and discuss all the latest lease details for the 2014 911, including cap costs, money factors, residual values, acquisition fees, etc. Please post any leasing questions you have or any details you’d like to share about your own lease deals.

You can also research local dealer inventory and pricing, reviews, features, and specifications, on our 2014 Porsche 911 page.

If you have already leased, we invite you to review your vehicle by starting on the following page: http://www.edmunds.com/car-reviews/consumer-ratings-reviews.html

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Minivan fan. Feel free to message or email me - stever@edmunds.com.

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Comments

  • rvtxrvtx Posts: 4
    Please provide updates on Residuals, wholesale MF and tax credits on 2013 and 2014 911s.

    What sort of dealer contribution, in other words discount, to expect on 2013s and 2014s?

    Thanks
  • kyfdxkyfdx Posts: 29,957
    Sorry... the numbers are out, obviously.. but, I don't have them...

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  • Do either of our hosts, or others on this forum, know the money factor and residual being quoted currently for a 2014 C2 Cab with PDK? Many thanks,
    Howard
  • kyfdxkyfdx Posts: 29,957
    I'm sorry... we don't have the Porsche numbers..

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Hi Carman, What is the MF and residual for a 2013 or 2014 911 Carrera for 10K miles and 3 years or whatever the standard lease duration is. Thanks
  • kyfdxkyfdx Posts: 29,957
    2014 911 Carrera C2 Coupe 36mo, 10K/yr lease
    .0020 MF and 65% residual

    I don't have the 2013 residual for this model.

    regards,
    kyfdx

    MODERATOR
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  • Hi kyfdx,

    For a 24 month lease on a 2014 C2 Cab, at 7500 mi/yr, what would be the PFS money factor and residual? Thanks,
  • kyfdxkyfdx Posts: 29,957
    2014 C2 Cab 24mo, 7.5K/yr lease
    .00020 MF and 75% residual

    regards,
    kyfdx

    MODERATOR
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  • Thanks kyfdx

    Does that MF and residual remain the same if the C2 Cab has PDK?
  • kyfdxkyfdx Posts: 29,957
    Subtract 1%, if PDK equipped..

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  • Thanks, kyfdx,

    What do you recommend if the dealer quotes a higher MF and lower residual? Is there a way to obtain the figures directly from PFS to aid me in negotiating with the dealer? Thanks again,
  • kyfdxkyfdx Posts: 29,957
    They won't quote a different residual, unless they just make a mistake.. PFS sets the residuals, and the dealer can't change them....

    I think Porsche dealers can mark up the money factor as much as .00120 (thats a lot)..
    Just tell them you aren't interested in leasing at any money factor other than the base rate of .0020... The base rate is no big secret at Porsche... they use it for every model.. Although, be prepared.... some Porsche dealers just aren't interested in bargain shoppers.. and won't give the base rate..

    (keep in mind... I've never tried to buy a new Porsche.. ;-) )

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  • Hello everyone, thanks for all the posts

    What are the Residuals For Carrera C2, Manual transmission for 24,27 and 36 months with 12k miles a year ?

    Thanks in advance!

    amos
  • kyfdxkyfdx Posts: 29,957
    2014 911 Carrera C2 Coupe 36mo, 12K/yr lease
    .0020 MF and 64% residual

    73% and 75% residual for 27 and 24 months..

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Anyone have the latest info for Carrera S leases? I'm assuming MF still 0.002. How about residual? Current 2013 inventory vs. 2014?

    Thanks!
  • kyfdxkyfdx Posts: 29,957
    2014 911 Carrera C2 S Coupe 36mo, 15K/yr lease
    .0020 MF and 56% residual

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • dalemadalema Posts: 34
    In addition to what Carnan said. I would never accept anything over the base rate MF - just use a different dealer (or tell them that is your plan).

    You have the power of the internet on your side (you're already using this message board and one step ahead of most).

    Use it even more - email 5 dealers with what configuration you want (using porsche website configurator) and ask what they can do - tell them it's a one time shot and you won't be circling the wagons again - so best pricing wins. They should give you a screen shot from the system with the lease details.

    You can go out of your region - you will find some will be creative to get the car to you. If you want to buy off the lot you can also check their inventory online but quite often it is not up to date.

    They really do deal - don't pay MSRP either - shoot for 7-9% off.

    Another great resource is the Rennlist form - great info there too.

    Good luck!

    What carman said," They won't quote a different residual, unless they just make a mistake.. PFS sets the residuals, and the dealer can't change them....

    I think Porsche dealers can mark up the money factor as much as .00120 (thats a lot)..
    Just tell them you aren't interested in leasing at any money factor other than the base rate of .0020... The base rate is no big secret at Porsche... they use it for every model.. Although, be prepared.... some Porsche dealers just aren't interested in bargain shoppers.. and won't give the base rate..

    (keep in mind... I've never tried to buy a new Porsche.. )"
  • Whoa! Horrible residual! Do you have numbers for a 24 or 27 mo lease, at 10k mi per year?

    Thanks!
  • Thanks for the additional guidance...I'll post what happens.
  • kyfdxkyfdx Posts: 29,957
    2014 911 Carrera C2 S Coupe 24mo, 10K/yr lease
    72% residual

    27mo, 10K residual is 70%

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Well, the deal's done and my '14 C2 cab PDK is snug in the garage. .0020 MF and 74% residual with close to 5K off of list for a 24 mo. lease with 7500 mi/yr. Local dealer. Everybody is happy. Thanks for all the info, feedback and support. It really helped!
  • money2536money2536 Posts: 3
    edited November 2013
    kyfdx,

    I was planning to purchase my ordered C2S, but I've had a change of heart and am intending to lease. The dealer shocked me with a $2,478/month payment for 24/12,000 with $3,678 down to cover fees and 1st payment. I'm probably missing MRM in my calculation. Here are the numbers I came up with:

    MSRP: $134,575
    Residual Percentage: 73%
    Residual Value: $98,234.75
    Percent off MSRP: 6.00%
    Negotiated Price: $126,500.50
    Down Payment: $0
    Net Cap Cost (Neg. Price – Down Payment): $126,500.50
    Depreciation: $28,265.75
    Lease Term: 24 Months
    Monthly Depreciation Payment: $1,177.74

    Finance Cost = Net Cap Cost + Residual: $224,735.25
    Interest Rate (APR): 4.80%
    Money Factor: 0.0020
    Monthly Finance Fee: $449.47

    Monthly Payment: $1,627.21
    Sales Tax @ 6%: $97.64
    Total Monthly Payment: $1,724.85

    Title, Registration, and Other Fees: $1,055.20
    Incentives/Rebates: $0 (Assuming there are none.)

    Drive-off (1st month’s payment + Fees): $2,780.05

    Where have my calculations gone wrong?
    Thanks for your input.
  • kyfdxkyfdx Posts: 29,957
    Yeah... the MRM for a Carrera C2 S Coupe is $119,800..

    I'm not exactly sure how that works, but if it's 73% of $119,800, then that leaves a residual of $87,454...

    If you re-do the calculation with that number, it should come out somewhat close to their quote...

    Those Porsche options are killers..

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  • Thank you very much. Recalculated.

    MSRP: $134,575
    Maximum Residualized MSRP: $119,800
    Residual Percentage: 73%
    Residual Value: $87,454
    Percent off MSRP: 6.00%
    Negotiated Price: $126,500.50
    Down Payment: $0
    Net Cap Cost (Neg. Price – Down Payment): $126,500.50
    Depreciation: $39,046.50
    Lease Term: 24 Months
    Monthly Depreciation Payment: $1,626.94

    Finance Cost = Net Cap Cost + Residual: $213,954.50
    Interest Rate (APR): 4.80%
    Money Factor: 0.0020
    Monthly Finance Fee: $427.91

    Monthly Payment: $2,054.85
    Sales Tax: 6%: $123.30
    Total Monthly Payment: $2,178.15

    Title, Registration, and Other Fees: $1,055.20
    Incentives/Rebates: $0 (Assuming there are none.)

    Drive-off (1st month’s payment + Fees): $3,233.35
  • Purchasing this highly optioned version of the C2S is clearly the better choice.
  • kyfdxkyfdx Posts: 29,957
    I think so....

    The 27 month lease residual is only 2% lower, so that might help (but not a lot)...

    Plus, Porsche dealers are allowed to mark up the money factor by .00120.. So, there could be some of that going on... Even at the base rate, 4.8% money is expensive... Not sure what sort of rate you can get on a car that expensive, but it should be under that..

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  • diononizdiononiz Posts: 2
    edited November 2013
    Any idea what the residuals for a 2013 C2S and C2S cab for 24 months 10k per year? Thanks in advance
  • kyfdxkyfdx Posts: 29,957
    I don't have the 2013 model residuals for the 911..

    Sorry,
    kyfdx

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  • Thanks kyfdx!

    Last summer's deals (e.g. 991 C2 Manual, 24 mo, 12k mi/yr at 77% residual) was that a fluke or is it likely to come back for 2014 models at some point in 2014?

    Any ideas/suggestions ?

    Thank you all in advance!

    a7
  • kyfdxkyfdx Posts: 29,957
    No way to know, unfortunately..

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