2014 Porsche 911 Lease Questions

stever

For current leasing information, go to 2015 Porsche 911 Lease Questions



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

rvtx

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

kyfdx

Sorry... the numbers are out, obviously.. but, I don't have them...

gagasguy

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

kyfdx

I'm sorry... we don't have the Porsche numbers..

regards,
kyfdx

bmwforever1

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

kyfdx

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

gagasguy

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,

kyfdx

2014 C2 Cab 24mo, 7.5K/yr lease
.00020 MF and 75% residual

regards,
kyfdx

gagasguy

Thanks kyfdx

Does that MF and residual remain the same if the C2 Cab has PDK?

kyfdx

Subtract 1%, if PDK equipped..

gagasguy

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,

kyfdx

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.. ;-) )

amos07

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

kyfdx

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

paradocs98

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!

kyfdx

2014 911 Carrera C2 S Coupe 36mo, 15K/yr lease
.0020 MF and 56% residual

regards,
kyfdx

dalema

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.. )"

paradocs98

Whoa! Horrible residual! Do you have numbers for a 24 or 27 mo lease, at 10k mi per year?

Thanks!

gagasguy

Thanks for the additional guidance...I'll post what happens.

kyfdx

2014 911 Carrera C2 S Coupe 24mo, 10K/yr lease
72% residual

27mo, 10K residual is 70%

regards,
kyfdx

gagasguy

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!

money2536

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.

kyfdx

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..

money2536

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

money2536

Purchasing this highly optioned version of the C2S is clearly the better choice.

kyfdx

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..

diononiz

Any idea what the residuals for a 2013 C2S and C2S cab for 24 months 10k per year? Thanks in advance

kyfdx

I don't have the 2013 model residuals for the 911..

Sorry,
kyfdx

amos07

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

kyfdx

No way to know, unfortunately..

zeroyon

Hi there, I'm about to pick up my car soon and am weighing a lease heavily. What are you seeing for residuals on a C4S coupe for 2014? I did see the MRM at 126k and mine would be 130k after discount.

zeroyon

Hi Kyfdx,

I just noticed that you've had the most activity on this thread. Is there a way to see the December rates for residuals from PFS? I'm about to pick up my car this week and wanted to be prepared for a fair negotiation on the drive away cost to lease. Like most, I'm looking at 12k miles per year.

Thanks!

kyfdx

2014 911 C4S Coupe 36mo, 12K/yr lease
.0020 MF and 55% residual

24 month residual is 69%

MRM is $126,530

Residual percentages are applied to MSRP, not the negotiated price... so, the difference between the MSRP and the MRM is what really jacks up the lease payment..

Those numbers are good for the entire 4th quarter of the year..

regards,
kyfdx

zeroyon

Thanks Kyfdx,

Appreciate it. I assume the residual value is not negotiable at the dealer. Is there anything else or any other angle that can be negotiated? For instance getting 12k miles at the price of 10k? Appreciate it!

kyfdx

No.. residuals are all set by the bank... Just make sure they aren't marking up the base money factor.

globlue

Lots of helpful info here.

Kyfdx, I'm looking at ordering a C2S cab this month. Do you know the residual for 36 months/10k miles? Do you have the MRM?

If I negotiate a price below MRM, it sounds like the residual is still a percentage of the MRM and not the negotiated price. Do I have that correct?

zeroyon

Thanks Kyfdx!

kyfdx

2014 C2S Cabriolet 36mo, 10K/yr lease
.0020 MF and 56% residual
MRM is $134,200

Yes.. the residual percentage will be applied to the lesser of the MSRP and the MRM... As in any other lease, your negotiated price does not affect the residual.

regards,
kyfdx

P.S.: Reminder... all 911 residuals assume manual transmission... PDK residuals are lower.

globlue

Thanks for the quick response!

And it will definitely be a manual

dalema

I've seen some posts on other forums of credit unions giving good purchase interest rates. Even as low as penfed at 0.99% and having a car buying program for further cash discount from purchase price. May want to check that out as an alternative.

zeroyon

Thanks money2536,

I just got the car. Did a one time payment at .0020 for 24 months with 12k miles per year.

mp1512

Do you have the numbers for a 24 month @ 10 Miles?

gagasguy

In rough numbers or percentages, what were you able to save by doing a single payment lease, as opposed to 24 payments, and where were the savings (interest, taxes,etc)? Thanks

kyfdx

.0020 MF and 70% residual

mp1512

Thx

ag991

I'm about to pick up a 2014 C2S manual transmission. Are there any special January lease rates? What are the most up to date residuals and what MF should I expect? 24/27/36mo? 12 and 15k miles?
The as optioned price is $122k and I got a 6.5% discount. My credit union will give 1.99% for 60-72mo, but I'd like to consider lease options.

kyfdx

New rates come out on January 3rd. The numbers aren't released in advance, and it will be a few days after that before we have the information.

Flowmacks

Will you be able to post all the info, or do we have to pull it out piece by piece?

ag991

Is the money factor a negotiable term? Apparently it is 0.0024 this month per the dealer.

ag991

So I went to the dealership and got number updates. The MF was 0.0022 (it sounds like many dealerships may do 0.002). This one won't budge on theirs.

For a 2014 C2S 7MT in January

24mo
10k miles = 72% residual, 12k miles = 71%

27mo
10k = 70%, 12k = 69%

36mo
10k = 59%, 12k = 58%