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Porsche 911 Lease Questions
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three year lease, 10k miles a year. California
I am new to 911 forum and have been looking to buy a used 9114S. However, I saw a new 2008 4S in a dealership site priced at ~125.5K, with the following options:
CFP - Tip Handbrake Lever Alu/Lthr
X54 - Stainless Steel Exhaust Pipes
672 - Navigation Module for PCM
666 - Module for Telephone PCM
640 - Sport Chrono Package Plus
509 - Fire Extinguisher
405 - 19" Carrera Classic Wheel
342 - Heated Front Seats
267 - Self Dimming Mirrors
24905 - Rear Side Panel Dev.Stitching
24904 - Dev.Stitching Side Centr Cnsl
24903 - Door Handle Stitching Dev.Clr.
24902 - Door Stitching in Dev. Color
24901 - Dashboard Stitching Dev. Color
249 - Tiptronic S
CEE - Rear footwell lighting
09991 - All Excl.Opt Stitch Dev Color
XXZ - Foot Rest Aluminum
XTG - Inner Sill Parts/Release-Lthr
XSH - Seat Belts - Silver
XSA - Sport Seat Backs Painted
XRP - 5mm Wheel Spacers
XPA - Thicker Steering Wheel-Leather
XME - Rear Ctr Cons Painted Extr Clr
XAJ - Standard Rocker Panels Painted
XAA - Aerokit
P01 - Adaptive Sport Seats
CFX - Floor Mats With Colored Trim
CEF - LED Door Pocket Lighting
24891 - Stitching F/R seats Dev. Color
~ how much can I get off this car, given that it's a 2008 and 2011 are arriving at dealerships? I was figuring on ~30K off. Thanks in advance for your help.
What are current lease incentives / money factors / residuals on 2010 911 Carrera PDK models. [assuming 3 year lease---36k miles per year] I've seen up to $15k off MSRP on remaining '10s
Thanks in advance for your reply.
I don't believe that Porsche is currently providing any cash incentives on leases of this car.
Car_man
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Thanks. What is the residual on 10,000 miles per year?
A dealer quoted a .00118 money factor on 2010 911s, is this accurate? I noticed that Cayman MFs are .00118. Also what is the residual on a 10,000 mile 36month 911 lease.
Thanks in advance for your reply.
So do the math, I think you are paying too much in terms of 3 year total costs. I think they wil get better. I leased mine in November and the economy is not getting any better any time soon. The market for 100k cars has got to be getting slimmer and slimmer everyday, at least in the US. Maybe they are making the volume up in China.
Thanks
Many thanks.
PFS' 10,000 mile per year residual values are 1% higher than its 12k resids.
Car_man
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Car_man
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Without this number, it is much more difficult to tell how large a dealer discount you are being given, and in turn if there is any room left to negotiate. Let us know what the selling price is and I'm sure that either myself or another knowledgeable community member will let you know what they think.
Car_man
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In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
You never mentioned what this car's MSRP or selling price are. It is difficult to evaluate this deal without these numbers. Let us know what they are and I'm sure that either myself or another knowledgeable community member will let you know what they think.
Car_man
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The first thing that I would do if I was interested in purchasing my vehicle at lease-end is contact the bank that I was leasing it through a month or two before the scheduled end date. While more often than not banks will not negotiate vehicles' purchase prices, from time to time they will, so it doesn't hurt to ask.
Unfortunately, Porsche is not currently providing any cash incentives to loyal customers that I am aware of.
Car_man
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The difference in money factor is small when compared to the huge discount that you are being given. If you like the car, I personally don't see any reason not to go for it.
Car_man
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I am buying one of the last 2011 Turbo Cab's
I wanted to see if you know what the current best terms for a PFS lease are. My dealer is quoting me 0.00290 money factor (seems awfully high) and a 54% residual for 36 mo's / 10k miles.
Is it normal for them to charge a $895 bank fee and is that ever waived?
I got the car for only 1,000 off MSRP (but got to custom order all the options). How bad a deal did I do?
Many many thanks for your help!
Alex
What are the current offers on a 911 PDK [residual and money factor] for a 24 month / 10k miles per year lease ?
What are the deals on a 36 month/10k miles/per year lease [money factor & residual]
What are the current loyalty programs for current lessors?
Thanks for your help!
Porsche Financial Services charges a $895 acquisition aka bank fee on every vehicle that it leases. They won't waive this fee. You can either pay it at lease signing or roll it into your car's capitalized cost to make it part of your monthly payment.
Car_man
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The numbers for an otherwise identical 36 month lease are .00250 and 57%.
I actually am not aware of any owner loyalty offers on the 911 right now, but it wouldn't hurt to check with a dealer to make certain that there isn't any.
Car_man
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PFS' October buy rate lease money factor and residual value for a 24 month lease of a 2010 911 C4 Cabriolet with 10,000 miles per year are .00167 and 65%, respectively.
The numbers for an otherwise identical 36 month lease are .00167 and 53%.
Car_man
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I have never personally driven this car in the snow, but my guess is that it is absolutely terrible in it.
Car_man
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The numbers for an otherwise identical 36 month lease are .00167 and 50%.
Car_man
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I have a c2 cab. When it snows more than 6 flakes the car does not leave the garage. Even with dedicated snow tires there is simply so much power being delivered to the rear wheels that I gave up trying years ago. A Carrera 4 with 4 snow tires must be better but why drive a 911 in the snow, salt and general crud.
Car_man
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What is the Money factor on 2010 911s?
Is it .00167 or .00207
Thanks
looking at 24 mth lease c4 cab 5k miles p/year list 103k offering at 83k but the dealer is saying mf .0029 which seems high --is this right that is like 7%
Car_man
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Try having them run your deal both ways to see which comes out better, one with the lower selling price from the dealer cash and the higher money factor and one without the dealer cash and the .00167 factor.
Car_man
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Sticker : $118.780.00
36 Month Lease : $4500 out of pocket - driveoff
monthly payment : $1900 + tax
Can someone please tell me what a good deal would be on this specific car?
(How much off the sticker would be realistic and how much should the monthly payment be? )
According to the dealer the residual is : $64.141
I am in Los Angeles, CA.
Thanks in advance!
I'm from CT, and would like to know if 911 is a rear wheel drive? how does it feel to drive it in the snow? Can we drive it in the snow? And what is the best lease deal that I can get on a 911 here in CT?
Thanks in advance
However, all of them come with summer performance tires... You can drive a 911 in the snow, but you'll need winter tires..
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Car_man
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Amen. My 911 never leaves the garage when there is snow on the ground. Service manager at my local Porsche store says that the high performance summer tires need at least 45 degree F to warm up properly. I don;t know about that but I can tell you that on the days when the roads are clear and dry and I take it out for some exercise it takes a good half hour of driving before things begin to sound and feel right. Right now it is in the garage, plugged into its battery mainainer and has not been out for about 9 days.
Car_man
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I have top tier credit and 6% seems outrageous. Is Porsche offering any lease promotions on the 911 in a 24 or 36 month lease? I've been unable to confirm PFS's actual money factors.
Thanks.
I was recently told the Tier 1 money factor was 0.0022 ... the resid value % you're quoting is a bit higher than what i've seen, so you may be slightly better off depending on the price of the car.
If anyone has any recent data on residual values or money factors it would great to see the info.