Porsche 911 Lease Questions

thedarkknight1

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!

Thanks!

kyfdx

So... what's the MSRP, and what did that work out to, for monthly and money upfront?

17% of MSRP for two years looks like an outstanding deal..

thedarkknight1

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.

h2o5

Would the %age off MSRP for a lease be the same for a purchase? Looking to purchase a 2014 C4 coupe PDK. What's current discount? Thanks.

speedwell

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.

mp1512

I think it's a good deal. That's what they offered me on Saturday. I didn't take it because I wasn't %100 on the car. They had sold the one I wanted.

Congrats!

mp1512

He was talking about a C2S. Residuals vary by model. The numbers you're quoting sound right for a C4S cab w/ PDK. Is that what you were looking at?

speedwell

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).

thedarkknight1

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.

Thanks!

thedarkknight1

I have talked to several dealers recently and unless something has changed the manual 7 speed has a residual of 1% higher than the PDK.

kevin911

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.

rvtx

Kevin,

when did you get your C2S? Sticker & end price? How many months - 24 or 27?

speedwell

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.

kevin911

Sticker - $125,650
Sales - $114,311
24 Months

Good Luck!

alebrady

Guys,

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?

thedarkknight1

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.

Good luck my friend!

dalema

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.

rvtx

Do you know if Porsche will have tax credits for 911 leases in September?

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?

kyfdx

2013 C2S residual for 27mo 7.5K/yr = 73%.. 10K/yr = 72%
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..

thedarkknight1

Do you know the numbers for September on a 2013 C2S for 24 months/10k per year with the manual transmission? Is the residual still 1% better?

alebrady

does anyone have the new lease factors for Sept. on C2S?

speedwell

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.

kyfdx

September numbers aren't out yet.... Most updated numbers won't take effect until the 4th..

PDK residuals have been lower than manual transmission on Porsche sports cars for just about forever... I don't foresee that changing.

thedarkknight1

Thanks for the information!

rvtx

71% foe C2S Cab with PDK for 27 months / 5k / year

Not sure about the discounts though!

Anyone?

jaini1

24 month lease, 7500 per year.

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.

thedarkknight1

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!

surgeon1

hi folks,
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

kyfdx

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

tempexec

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.

mp1512

%5.75 is steep! They blame it on the government default debacle?

mikebernardo

Anyone have MF and residuals for 2013 C2S Cab? 7500/10K miles. 24 months still best?

las3

Looking to lease a C2 or C2 cab. What are residuals for 27 month 12K lease.
Thanks

miamiadjuster

Hi,

I would like to know the residual and MF for a 2015 911 GT3 @ 10k miles a year. Thanks.

kyfdx

@miamiadjuster said:
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

911rs

Looking for residuals and money factor for 2014 911 GT3. 10k miles/yr, 36 and 48 month leases. Thanks.

kyfdx

@911rs said:
Looking for residuals and money factor for 2014 911 GT3. 10k miles/yr, 36 and 48 month leases. Thanks.

.0020 MF and 54%/44% residual.

911rs

@kyfdx said:
.0020 MF and 54%/44% residual.

Thanks. So the MF and residuals are the same for the 2014 and the 2015 GT3? I guess that makes sense...

kyfdx

@911rs said:
Thanks. So the MF and residuals are the same for the 2014 and the 2015 GT3? I guess that makes sense...

It's more coincidence.. The 48 month residual for the 2015 model is 3% higher.

orthojoe

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

orthojoe said:

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.

orthojoe

kyfdx said:

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!

911rs

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.

911rs

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!

kyfdx

911rs said:

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!

We don't have the 4th Quarter numbers for Porsche, yet.

ne1066

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.

Michaell

ne1066 said:

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.

cap20

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??

scpete

You may still be waiting for 4th quarter numbers but when you have them would like to now:

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

captdngr

Any luck on Q4 numbers?

And, more specifically:

(15k miles, PDK, 24mo & 36mo)
911 Turbo S Coupe
911 Turbo S Cabriolet
911 Carrera 2 GTS

Much appreciated, as always!