Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Porsche 911 Lease Questions

1111214161722

Comments

  • poykayilpoykayil Posts: 9
    Hey Car_Man

    I was given the same mf from two different dealers, but the residuals were 57% they quoted
  • thepuyathepuya Posts: 3
    I was quoted for a 60mo. lease, $10K drive off, 7500 miles a year: $1451 a month. Sticker price was $113K for the 991 Carrera S.

    The dealer didn't tell me the money rate or residual, but I feel this is kinda high.
  • kyfdxkyfdx Posts: 30,552
    Wow.... unless you are writing off this lease payment to your business, I can't imagine that this is a good deal..

    $97,000 for 60 months (and only 37,500 miles!)?

    If you borrowed $113K at 3% for 60 months, your payment would be $2030/month, for a total of $122K (including interest)..

    So, for $25K extra over the next five years, you'll end up with a car that will sell for between $40K-$45K at lease end...

    I don't usually try to compare leases to buying directly, like this... but, a 60 month lease and a 60-month purchase are pretty much directly comparable... If this payment was on a 36 month, 12K mi/yr lease, I might feel differently about it..

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • thepuyathepuya Posts: 3
    kyfdx,

    I agree, I just wanted to make sure I wasn't losing my mind.

    You're right, I could buy the car for only a little more. I'm, going to visit the dealer to see what's going on, maybe I can haggle them down.

    Another dealer offered a 60mo lease at $1430/month with 5K miles a year for a 991 carrera s that had a sticker of $120K. Absurd.
  • kyfdxkyfdx Posts: 30,552
    My local dealer is advertising a 2011 Carrera GTS for $5K down and $1250/mo... for just 27 months...

    I realize that isn't the same model.... but, 60 month leases are almost never a good idea...

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Local dealer is quoting for a new 2011 Turbo:

    MSRP: $151,680
    Residual 43% @ $65222.40
    48mo. Lease
    5k miles per year
    MF: 0.00200
    $14995 total drive off. No security deposit required.
    $1599 per month

    Ideally i would want a 36month lease with 10k miles per yr. not sure if it is worth getting a 2011 vs a 2012 since residual most likely will be lower on the 2011 and eat away from whatever discount the dealer may offer.
  • hlee1169hlee1169 Posts: 3
    Hello, I am still hoping the host could give the residual for the new 911 S Cab, thanks very much in advance.
  • thepuyathepuya Posts: 3
    I ended up finding a deal for a 2012 carrera 4 GTS cabriolet. $10K drive off, $1150/month (w/o tax), 24 months, 5K miles a year.

    It was exactly what I was looking for.
  • fq1fq1 Posts: 47
    Congrats, a wonderful car! Could you please share what the MSRP, capitalized cost, residual and MF for you car were.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi hlee1169. According to the latest information that I have seen, Porsche Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a new 2012 911 S Cabriolet with 10,000 miles per year are .00200 and 56%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_man,

    I would like to know what the April lease rates (36-month and 48-month) are for the 991 S coupe with 10k miles annually. Thank you for your time!
  • I would really like to know more about the Single Pay Lease option Porsche offers. Does anyone know what the discount is if you do that?

    Also, what are the current residuals and base money factor for 2 and 3 years, 5k miles per year on a 911 S Coupe?

    Is the lease program out for MY13 yet?

    Thank you!
  • kaps28kaps28 Posts: 1
    hi car man

    if you can help out with few lease questions
    all lease's will be 3yr/12k or 3yr/10k.

    what would be the residual's and money factor on
    2012 911 manual cab turbo,
    2012 pdk cab carrera s and
    991 cab carrera s (according to dealer coming in may)

    Looking at all these options, any help would be much appreciated
  • alsoliaalsolia Posts: 15
    Hi Car man,

    I ordered my 991 Cab 2 months ago and about to receive it :)
    I am in the process of negotiating the lease with the dealer now. In order to be prepared, can you please give me please the residual for the following:
    - 991 Cabriolet, 3 and 4 years with 7.5k miles/year

    thanks in advance
  • neils2neils2 Posts: 3
    Maybe somebody can help. In the midst of negotiating a 24 month lease on a 2012 (old) 911 S Cab with PDK. The dealer is at $1575 with everything rolled in for 5000 miles per year. Still seems a bit rich and looking to get it under $1500. Anybody have any opinions or expierience?
    Thx
  • neils2neils2 Posts: 3
    Was that dealer in the NY/NJ area? Can you share a contact? thx
  • fq1fq1 Posts: 47
    I can possibly help. What is the MSRP of the vehicle? Did they give you money factor and residual that they are using? Is this a 997 or a 991?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi miamiadjuster. Porsche Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2012 911 S Coupe with 10,000 miles per year are .00200 and 59%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 48-month lease are .00200 and 52%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi manhattanspin. Porsche Financial Services' April buy rate lease money factor and residual value for a 24-month lease of a 2012 911 991 S Coupe with 10,000 miles per year are .00200 and 66%, respectively for consumers who qualify for its top credit tier. The numbers for an otherwise identical 36-month lease are .00200 and 59%.

    I'm not sure how much you need to add for residual values with only 5,000 miles per year, but my guess is 3%.

    Porsche has a lease program for certain 2013 models out, but I haven't seen anything on the '13 911 yet.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi kaps28. Porsche Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2012 911 Cab Turbo manual with 12,000 miles per year are .00200 and 53%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2012 Cab C4 S PDK are .00200 and 53%.

    I haven't seen the numbers for any C4 991s yet, just C2s.

    If you were to lease either of these cars with only 10,000 miles per year, their residual values would be 1% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi alsolia. According to the latest information that I have seen, Porsche Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2012 991 Cab with 7,500 miles per year are .00200 and 59%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 48-month lease are .00200 and 52%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • neils2neils2 Posts: 3
    What would the rate and residual be on a 2012 S Cab on a 24 month lease with 5000 miles per? Msrp 119,000?
  • phxryanphxryan Posts: 4
    Hi Car Man,

    I'm interested in possibly leasing a 2012 Porsche 911 Carrera S Cabriolet. I'd do 36 mos w 10k per year. My dealer told me .00300 and 58% but I've seen different numbers several other places. Do you have those numbers? Could you also provide the numbers for the 911 Carrera Cabriolet (non-s) and the both coupes? All PDKs.

    Total topic jump but do you happen to have the re-designed Mercedes SL550 (comes out in May/June) lease rate and residual (same terms as above). I can't seem to find them anywhere.

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi neils2. Porsche Financial Services' current buy rate lease money factor and residual value for a 24-month lease of a new 991 Porsche 911 S Cab with 10,000 miles per year are .00200 and 63%, respectively for consumers who qualify for its top credit tier.

    I'm not sure what the residual value for a lease with only 5,000 miles per year would be, but it probably would be 1% to 2% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi phxryan. Porsche Financial Services' buy rate lease money factor is only .00200 for consumers who qualify for its top credit tier. As you can see, the dealer appears to be marking up your vehicle's factor on you. Try to get them to use the buy rate to calculate your payment.

    The residual value for a 36-month lease of a 2012 911 Carrera S Cabriolet with 15,000 miles per year is 52%. The number for the non-S model are 54%. The Coupe S is 54%. the Coupe non-S is 56%.

    I don't believe that Mercedes has published a lease program for the 2013 SL yet.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • noahsdadnoahsdad Posts: 19
    Carman, can you please tell me the may numbers from PFS for 36 month, 10k lease. Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I sure can noahsdad. According to the latest information that I have seen, Porsche Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2012 911 Coupe 911 with 10,000 miles per year are .00200 and 61%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • jw1564jw1564 Posts: 1
    Carman, please let me know the MF and residual for a $134,635 MSRP for a 2013 Carrera Cabriolet S with PDK and options. The car is scheduled to be built in June and delivered in July. I am considering a 36 or 48 months length and either 7500 or 10000 annual miles. Thanks in advance, JW
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi jw1564. To the best of my knowledge Porsche has not published a lease program for the 2013 911 yet. I'll ask around to make sure, but it might not publishing anything for the '13s until next month.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • youn0813youn0813 Posts: 28
    My dad is about to lease a 2012 911 (118K sticker price). I'm wondering how much would be a good discount to get from the dealership. The LA (in CA) dealership offered him a 5K discount, but I feel like that's barely anything. I'd expect at least 10K off.. does anyone have any comments regarding this from experience?
Sign In or Register to comment.