Sounds like a very good deal! I was initially looking at the cabs but the residuals were much lower than the coupe at 79% for 2 years 10k per year. I waited too long and the 2013 C2S coupe I wanted sold. I'm hoping the 2014 models will have the same residual soon as it appears it's lower to help move the 2013 models. If anyone knows any different please let me know!
I think he said he got 10% off MSRP which is about what I was looking at getting on a 2013 C2S PDK coupe. I think you can get a dealer to drop about 10% (or close) with the 2013 models, at least in some locations.
Can you give locations for where some of you are getting your 73% + residuals. I just went through this process on a C4S coupe at the end of June and didn't see residuals anywhere near what some of you are saying. Under PFS Program # 991420 a 27 month lease on a C4S yielded a 68% residual for 12K miles/year, 71% for 10K and 72% for 7.5K. It's my understanding that these numbers are constant across the country and are set solely by PFS. If anyone knows something different, please share.
I'm talking about a C4S coupe with MT. Two dealers I was talking with also told me that PDK is actually 1% higher on residual than MT (contrary to what I heard elsewhere).
The percentage off should be the same whether you lease or purchase and will vary from different geographical locations nationwide. I think dealerships will be more willing to discount the 2013 models still in stock than the 2014's. Good luck and please post any numbers you find.
Walters in Riverside CA has 2013s and they are really easy to work with. I picked up a C2S fully loaded and got 10% off MSRP, .0020 MF and 74% Residual on 7,500 miles (PDK). Ask for Tim or Scott - they're great to deal with. Worth the drive if you have to schelp out to Riverside.
I had been told the same thing as you but had a salesperson at Rusnak re-check with his Sales Mgr and they have a higher residual on PDK. Now I'm not sure what to think.
I am seeing a lot of information on here about discounts, etc. that is proving to be very different than my own dealer interactions, so could really use some thoughts...
I am interested in leasing my first Porsche - a 2014 Carrera S for 24m 12k/year. no money down. I would be trading in my current lease (non-Porsche) via their Capture program going on now (basically, i am ending up with about 1800 in credit that can be used to reduce the cap charge).
Unfortunately, none of my local dealers have a combination I want, though we have located cars that I would like (some in state some out of state).
Right now, I have been able to secure the .002MF but I have not been able to get ANY discount off of MSRP - is this a function of the vehicle not being in the dealer current inventory (i.e. could I expect to receive NO discout, unless I am working with the dealer that actually has the car on the lot)?
Are the discounts off MSRP that i am reading on here, on 2013 or 2014 or both years in the S?
Basically, with no discount, im getting 1800 off (from my trade) and .002 for fairly loaded vehicles and the payments are coming over 2k/month, which seems very high to what i am seeing on here!
If anyone knows a good dealer (contact) to work through, even if the car may not be in their inventory, please let me know. I am located in the northern CA area.
any thoughts? is it crazy to want even 5% off a vehicle that a dealer has to source from somewhere else?
5% off is not unrealistic and can be done by the dealer if they feel they "need" or "want" to. I had a dealer talk of ordering a 2014 C2S in the Cincinnati, Ohio area giving me approximately 6% off MSRP. So I believe dealers can do it but will they? That's another question as it appears your dealer will not. I think cars in the dealer inventory can be discounted more, as we have seen in this thread. It boils down to what YOU want and can live with....maybe sacrifice a few items and get the price down where you want it or pay the price, literally, and get every option you want.
It is correct that the PDK's residual is 1% lower than the MT. Seemed a bit counter intuitive at the time but I remember this from when I leased mine. It was discussed on here before.
Also, yes the residuals have a different starting point for each model and you add/subtract for each mileage increment. It's detailed earlier in this thread pretty well.
5% isn't unrealistic at all, however, CA is a tough marketplace. I got a '13 back in June for 7.5% off. I can't speak to the capture program or what options you may want but I went with a performance optioned C4S - MT, no PDCC, adaptive sports seats (but only leather in front) and they were very negotiable. I think 3 factors are hurting your ability to get a discount - '14 model year, Ca location and options combo. If you use your local dealership to locate a car - they still have to trade for it so this doesn't really help you. I would recommend trying other dealerships on your own to get the best deal.
The dealer is giving me a run around. I negotiated a good base price, but now they are playing around with the MF. They are offering a 75% residual with .0025 MF.
Tells me that he is giving me a tax credit of $3365.00
Interesting situation you have there. What 911 are you looking at to get a 75% residual? I'm not sure about the tax credit the dealer is talking about and as far as what I have heard, the MF should still be .0020. Good luck!
Just did a deal in the Boston area last week for a C4 Cab. MSRP 123k Cap Cost 108k. MF was marked up a bit to .00240 but offset by the hefty discounting of the car. 24 month lease/10k miles per year. No money up front except for fees and a monthly payment of 1385 including MA sales tax. Most of the other quotes I got on similar vehicles were $1500-1600 with the same terms. If you are looking at purchase vs. lease I would look for a minimum of 10% off. Hope this helps and good luck with your search.
kyfdx, My dealer confesses that they will charge more than the standard .0020MF on a lease for a 2015 GT3. Do think this practice is completely unreasonable? Would you walk away from the dealer if this is the case? If not, how much of a MF above the 0.002 would you consider 'acceptable'? Thanks
kyfdx, My dealer confesses that they will charge more than the standard .0020MF on a lease for a 2015 GT3. Do think this practice is completely unreasonable? Would you walk away from the dealer if this is the case? If not, how much of a MF above the 0.002 would you consider 'acceptable'? Thanks
I don't know, because I rarely shop for $150K+ vehicles..
How many GT3s does a dealer get, each year? How hard is it for you to find one at a dealer? I think it's likely that the typical GT3 buyer isn't all that price sensitive, and if the Porsche dealer only gets a few per year to sell, they are going to try to go for the gold.
Porsche dealers can mark up the MF by a lot (.00125), so.... it depends on how much they are marking it up, and how bad you want the car.. It's not quite the same as leasing a Civic or even a 3-Series.
How many GT3s does a dealer get, each year? How hard is it for you to find one at a dealer? I think it's likely that the typical GT3 buyer isn't all that price sensitive, and if the Porsche dealer only gets a few per year to sell, they are going to try to go for the gold.
Porsche dealers can mark up the MF by a lot (.00125), so.... it depends on how much they are marking it up, and how bad you want the car.. It's not quite the same as leasing a Civic or even a 3-Series.
Well, you kind of nailed the issue on the head there. These cars are limited in supply. They are essentially building the 2015 models for 3-4 months, and that is it. Production started September and is supposedly ending in December of this year. I think there is enough supply to satisfy those crazy enough to get one, but no more and no less. Your info on how much they mark up is very valuable, so thanks!
I would NOT pay a 'mark up' on the buy rate for a GT3. At .0020, the rate is already pretty high. FAR BETTER to but the damn thing. I have a 2014 on the way, and if the dealer balks at giving me tier one rates...I'll just it.
Hi, I have a 2015 C4S Coupe PDK coming in a few weeks and am starting to negotiate lease terms.
I'm interested in 24 / 36 months and 5K or 10K miles per year. My dealer has quoted me a money factor of 0.0032 which seems very high. What are the current PFS rates for MR, MRM and residual for this setup?
Hi, I have a 2015 C4S Coupe PDK coming in a few weeks and am starting to negotiate lease terms.
I'm interested in 24 / 36 months and 5K or 10K miles per year. My dealer has quoted me a money factor of 0.0032 which seems very high. What are the current PFS rates for MR, MRM and residual for this setup?
Thanks.
We're still waiting for the Porsche numbers for Q4, but the standard MF has been no higher than .00200 for quite a long time.
Checking a deal I am working on. 2014 911 s cab. Dealer offering 10% off MSRP. 30 month lease with money factor of .00145. Residual 62%. Is this offer in line with the current market on 2014's??
Comments
Thanks!
17% of MSRP for two years looks like an outstanding deal..
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Congrats!
Thanks!
when did you get your C2S? Sticker & end price? How many months - 24 or 27?
Sales - $114,311
24 Months
Good Luck!
I am seeing a lot of information on here about discounts, etc. that is proving to be very different than my own dealer interactions, so could really use some thoughts...
I am interested in leasing my first Porsche - a 2014 Carrera S for 24m 12k/year. no money down. I would be trading in my current lease (non-Porsche) via their Capture program going on now (basically, i am ending up with about 1800 in credit that can be used to reduce the cap charge).
Unfortunately, none of my local dealers have a combination I want, though we have located cars that I would like (some in state some out of state).
Right now, I have been able to secure the .002MF but I have not been able to get ANY discount off of MSRP - is this a function of the vehicle not being in the dealer current inventory (i.e. could I expect to receive NO discout, unless I am working with the dealer that actually has the car on the lot)?
Are the discounts off MSRP that i am reading on here, on 2013 or 2014 or both years in the S?
Basically, with no discount, im getting 1800 off (from my trade) and .002 for fairly loaded vehicles and the payments are coming over 2k/month, which seems very high to what i am seeing on here!
If anyone knows a good dealer (contact) to work through, even if the car may not be in their inventory, please let me know. I am located in the northern CA area.
any thoughts? is it crazy to want even 5% off a vehicle that a dealer has to source from somewhere else?
Good luck my friend!
Also, yes the residuals have a different starting point for each model and you add/subtract for each mileage increment. It's detailed earlier in this thread pretty well.
Also, the following #s for 2013 C2S, C4S
- MF
- Residual for 7.5k / 10k for 27 months.
Is 27 months the sweet spot for 2013s? for 2014s?
2013 C4S residual is 1% lower
It seems 27 month is the best deal... that holds true for 2014 models, as well.
MF is .0020 for both years, all models, top tier..
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PDK residuals have been lower than manual transmission on Porsche sports cars for just about forever... I don't foresee that changing.
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Not sure about the discounts though!
Anyone?
The dealer is giving me a run around. I negotiated a good base price, but now they are playing around with the MF. They are offering a 75% residual with .0025 MF.
Tells me that he is giving me a tax credit of $3365.00
Any help is appreciated. What is the latest MF.
any idea how much of a discount i could get on a 2013 cab? what's the residual / mf on pdk, 10k miles, happy with 27 or 36 month lease
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Thanks
Hi,
I would like to know the residual and MF for a 2015 911 GT3 @ 10k miles a year. Thanks.
.0020 MF and 54% for 36mo, 10K/yr. MRM is $151,100
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Looking for residuals and money factor for 2014 911 GT3. 10k miles/yr, 36 and 48 month leases. Thanks.
All the best!
.0020 MF and 54%/44% residual.
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Thanks. So the MF and residuals are the same for the 2014 and the 2015 GT3? I guess that makes sense...
All the best!
It's more coincidence.. The 48 month residual for the 2015 model is 3% higher.
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My dealer confesses that they will charge more than the standard .0020MF on a lease for a 2015 GT3. Do think this practice is completely unreasonable? Would you walk away from the dealer if this is the case? If not, how much of a MF above the 0.002 would you consider 'acceptable'? Thanks
How many GT3s does a dealer get, each year? How hard is it for you to find one at a dealer? I think it's likely that the typical GT3 buyer isn't all that price sensitive, and if the Porsche dealer only gets a few per year to sell, they are going to try to go for the gold.
Porsche dealers can mark up the MF by a lot (.00125), so.... it depends on how much they are marking it up, and how bad you want the car.. It's not quite the same as leasing a Civic or even a 3-Series.
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All the best!
hi. Can I get October numbers for:
Porsche 2014 GT3. 36 months. 7500 and 10000 miles/yr. need buy rate/ money factor, residuals, and MRV. Thank you!
All the best!
We don't have the 4th Quarter numbers for Porsche, yet.
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I'm interested in 24 / 36 months and 5K or 10K miles per year. My dealer has quoted me a money factor of 0.0032 which seems very high. What are the current PFS rates for MR, MRM and residual for this setup?
Thanks.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Money factor and Residual on a 2015 911 Cab S Manual car for 5K/year
on 24mos (and similar term whether its 27-30months that they are pushing).
Thanks
And, more specifically:
(15k miles, PDK, 24mo & 36mo)
911 Turbo S Coupe
911 Turbo S Cabriolet
911 Carrera 2 GTS
Much appreciated, as always!