2014 Porsche Cayman Lease Questions

stever · July 2014

Welcome to Edmunds discussion dedicated to 2014 Porsche Cayman leasing questions.
Here you can find and discuss all the latest lease details for the 2014 Cayman, 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 Cayman 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

bmwforever1 · November 2013

Hi Carman, What is the MF and residual for a 2013 or 2014 Cayman S for 10K miles and 3 years or whatever the standard lease duration is. Thanks

kyfdx · November 2013

2014 Cayman S 36mo, 10K/yr lease
.0020 MF and 59% residual

I don't have residuals for the 2013 model.

regards,
kyfdx

1_porsche_fan · December 2013

Can I please have MF and residual on a 2014 both base and S model for 27/36 months with 7500 miles / yr for who qualifies top-tier credit?

kyfdx · December 2013

2014 Cayman 36mo, 7.5K/yr lease
.0020 MF and 60% residual.... 27 month residual is 71%

Cayman S... subtract 2% from base residual.

regards,
kyfdx

toadking68 · December 2013

I just got my 2014 Cayman. Details are as follows: 9% off MSRP, 2 year lease, 10k miles/ year, .002 MF, .71 residual value. I love the car!

tampa_lee · April 2014

looking at a 2014 Cayman..... on a 15k/yr lease with top tier credit, can anyone advise on current money factor? Discounts off of MSRP ?

Michaell · April 2014

@tampa_lee said:
looking at a 2014 Cayman..... on a 15k/yr lease with top tier credit, can anyone advise on current money factor? Discounts off of MSRP ?

Residual for 24mo/15K is 68%. Standard MF is .002.

I'm personally not in the market for a Cayman (at least, not until my lottery numbers hit), so cannot advise you on what discounts are available.

tampa_lee · April 2014

What does the residual change to on a 36mos term? does MF change at all due to change of term?

Michaell · April 2014

@tampa_lee said:
What does the residual change to on a 36mos term? does MF change at all due to change of term?

MF is the same regardless of lease term. Residual drops to 57%.

johnz330 · April 2014

Hi. Could I get the residuals for 7,500 and 10,000 miles for 24, 27 and 36 months?
I heard that the MF for April dropped to .0016. Is that correct--does not match the info you gave above. Thanks.

kyfdx · April 2014

@johnz330 said:
Hi. Could I get the residuals for 7,500 and 10,000 miles for 24, 27 and 36 months?
I heard that the MF for April dropped to .0016. Is that correct--does not match the info you gave above. Thanks.

There is a special money factor on the 2014 Cayman. .00177, but that's only good for lease terms up to 30 months. The 36 month money factor is still .0020.

Residuals are 71%, 69% and 60% for 10K/yr. Add 1% for 7.5K/yr.

yesimazn · April 2014

Hello, I just got a quote for 0.00105 is that a mistype or thats the special MF as of now?

kyfdx · April 2014

@yesimazn said:
Hello, I just got a quote for 0.00105 is that a mistype or thats the special MF as of now?

On a Cayman S, for a terms of 12-30 months, that is correct.

wannaporsche · April 2014

Hi, could I get the residual on a base 2.7L Cayman, 24 and 36 month lease with either 12,000 or 15,000 miles? PDK car.

kyfdx · April 2014

@wannaporsche said:
Hi, could I get the residual on a base 2.7L Cayman, 24 and 36 month lease with either 12,000 or 15,000 miles? PDK car.

.00177 MF and 69% for 24mo, 12K/yr.

.00200 MF and 58% for 36mo, 12K/yr.

Subtract 2% for 15K/yr.

yesimazn · May 2014

Hello, From you previous answer I'm guessing what you mean is Cayman = 0.00200 MF and Cayman S will have a lower MF = 0.00105 am I correct?

kyfdx · May 2014

@yesimazn said:
Hello, From you previous answer I'm guessing what you mean is Cayman = 0.00200 MF and Cayman S will have a lower MF = 0.00105 am I correct?

Leases over 30 months in length are all .0020

For 12-30 month terms.. Cayman = .00177, Cayman S = .00105

jonschwz · May 2014

@kyfdx@Edmunds said:
For 12-30 month terms.. Cayman = .00177, Cayman S = .00105

I just got quoted 0.00105 for 24 month lease Cayman S but they said residual at 7500 annual is 69%? You state above 12,000 for 69%. Are they pulling a fast one on me?

kyfdx · May 2014

I show the 24mo, 7.5K/yr residual for the 2014 Cayman S as 70%.

PDK equipped lowers the residual by 1%. Is your quote on a PDK model? If so, then the quoted residual is correct.

jerryhze · May 2014

Hello, do you have the numbers for a cayman S PDK, 24month, 10k and 12k miles?

kyfdx · May 2014

@jerryhze said:
Hello, do you have the numbers for a cayman S PDK, 24month, 10k and 12k miles?

.00105 MF and 68%/67% residual.

1_porsche_fan · June 2014

May I ask residual value and money factor on Cayman GTS (manual trans.) 7500 miles 27 months?

Michaell · June 2014

@1_porsche_fan said:
May I ask residual value and money factor on Cayman GTS (manual trans.) 7500 miles 27 months?

.00200 MF and 70% (2015) or 68% (2014)

z4maudioman · July 2014

Hello,

Can you please provide me with the July lease residuals and money factors for the following?

2014 Cayman Base (Manual Transmission):
24 months/10K miles
36 months/10K miles

2014 Cayman S (Manual Transmission):
24 months/10K miles
36 months/10K miles

Also, if you could please provide rates for 2015 models, that would be wonderful. Are there any incentives/discounts on the cars that you are aware of? Thank you in advance for your help!

kyfdx · July 2014

Sorry... but, we are still waiting on 3rd quarter information for Porsche..

crashtestdingo · July 2014

Have you gotten the third quarter information yet? If yes, are there any Cayman lease specials that expire on July 31? Thanks in advance.

kyfdx · July 2014

@crashtestdingo said:
Have you gotten the third quarter information yet? If yes, are there any Cayman lease specials that expire on July 31? Thanks in advance.

We do have the 3rd quarter information. Everything we see is good for the entire quarter.

Cayman and Cayman S have lower money factors for short-term leases (24 and 27 months)

crashtestdingo · July 2014

Thanks, kyfdx. I would like to have the residual and the MF for both the Cayman and Cayman S with the manual transmission leased for 27 months with 5K miles per year, please.

Michaell · July 2014

@crashtestdingo said:
Thanks, kyfdx. I would like to have the residual and the MF for both the Cayman and Cayman S with the manual transmission leased for 27 months with 5K miles per year, please.

2014?

Cayman 27/5 - .00128 and 75%

Cayman S 27/5 - .00055 and 76%

crashtestdingo · July 2014

Thank you, Michaell. Yes, for 2014 cars. FYI, my sister (on whose behalf I asked) got a lease quote for a Cayman with the manual transmission from a dealer this morning. The money factor matches the one you gave but the residual percentage, as far as I can tell, is just 69% (64% base residual plus 5% residual bump).

Michaell · July 2014

@crashtestdingo said:
Thank you, Michaell. Yes, for 2014 cars. FYI, my sister (on whose behalf I asked) got a lease quote for a Cayman with the manual transmission from a dealer this morning. The money factor matches the one you gave but the residual percentage, as far as I can tell, is just 69% (64% base residual plus 5% residual bump).

Hmmm, maybe I was reading the mileage adjustments wrong ... yes, I did. My apologies. 69% is the correct number.

crashtestdingo · July 2014

@Michaell said: Hmmm, maybe I was reading the mileage adjustments wrong ... yes, I did. My apologies. 69% is the correct number.

Ah, O.K. So what's the residual for the Cayman S if it's not 76%?

Michaell · July 2014

@crashtestdingo said:
Ah, O.K. So what's the residual for the Cayman S if it's not 76%?

27/5 residual on the 2014 Cayman S is 71% (base 66% for 15K + 5% for 5k miles per year).

Base Cayman should be 70%, not 69%.

crashtestdingo · July 2014

Thanks again, Michaell.

@Michaell said: Base Cayman should be 70%, not 69%.

Eh? I checked the offer printout, it does show 64% + 5%. You're talking about cars that have the manual transmission, right?

Michaell · July 2014

@crashtestdingo said:
Thanks again, Michaell.
Eh? I checked the offer printout, it does show 64% + 5%. You're talking about cars that have the manual transmission, right?

There is an adjustment, but its -1% for PDK equipped cars. The base residual I'm quoting is, I assume, for manual transmissions.

Cayman 65%, Cayman S 66% for 27 months is what I'm showing. Adjust 5% for 5K miles per year.

crashtestdingo · July 2014

@Michaell said: There is an adjustment, but its -1% for PDK equipped cars. The base residual I'm quoting is, I assume, for manual transmissions.

Cayman 65%, Cayman S 66% for 27 months is what I'm showing. Adjust 5% for 5K miles per year.

I read in the 911 leasing discussion that Porsche doesn't let its dealers use a different residual percentage so what may be going on here? Could it be a regional variation? We're in New York City, FWIW.

Michaell · July 2014

@crashtestdingo said:
I read in the 911 leasing discussion that Porsche doesn't let its dealers use a different residual percentage so what may be going on here? Could it be a regional variation? We're in New York City, FWIW.

Correct, residuals are nationwide for Porsche. You might double check with the dealer as well; they are human, too.

crashtestdingo · July 2014

@Michaell said: You might double check with the dealer as well; they are human, too.

In that case, I guess the salesman selected PDK when he entered the details to get the lease numbers.

Thanks again.

Michaell · July 2014

@crashtestdingo said:
Thanks again.

You might want to check out 'The Future of the Manual Transmission' thread here on the forums.

Who buys / leases a manual Porsche nowadays, anyway?

crashtestdingo · August 2014

@Michaell said: You might want to check out 'The Future of the Manual Transmission' thread here on the forums.

Thanks but it's my sister who is the manual aficionado. I don't know how to drive a stick. Heck, I don't even drive anymore. (I have no need or desire to.)

Who buys / leases a manual Porsche nowadays, anyway?

Well, she changed her mind! Possibly because she found a PDK-equipped 2014 Cayman with more or less the options she wanted but came up empty when she restricted her search to cars with the manual transmission.

I see the difference in residual percentage for cars with the PDK but is the money factor different?

kyfdx · August 2014

Money factor is the same... residual is 1% less for PDK-equipped Caymans.

crashtestdingo · August 2014

Thanks, @kyfdx. I have another question for you and/or @Michaell:
My sister changed her mind again and now wants a Cayman S rather than a base Cayman. For a 27-month lease of a Cayman S with the PDK, with just 5K miles annually, I get a residual percentage of 70% using the numbers Michaell gave me but the computerized lease offer she got from the dealer shows a base of 61% plus a bump of 5% for the low mileage allowance (66% total). Your thoughts?

Michaell · August 2014

@crashtestdingo said:
Thanks, kyfdx. I have another question for you and/or Michaell:
My sister changed her mind again and now wants a Cayman S rather than a base Cayman. For a 27-month lease of a Cayman S with the PDK, with just 5K miles annually, I get a residual percentage of 70% using the numbers Michaell gave me but the computerized lease offer she got from the dealer shows a base of 61% plus a bump of 5% for the low mileage allowance (66% total). Your thoughts?

Cayman S MF is .00055

Base RV for Cayman S (27/15) is 62%. Add 5% for low miles, but deduct 1% for PDK - that gets you to 66%. Numbers last month may have been higher.

crashtestdingo · August 2014

Thanks, @Michaell. I have still another question for you and/or @kyfdx: My sister has settled on a certain 2014 Cayman S and is trying to negotiate a lease deal with the salesman. This particular car has 20-inch Carrera S wheels (MSRP $1,560) and the seemingly ubiquitous "Wheel Center Caps with Colored Porsche Crest" (MSRP $185). She asked the salesman if it's possible to swap these wheels for the base Cayman S wheels without the center caps and not only did he say he could have it done, he took the full MSRP of these options off the total MSRP of the car when running the numbers for the lease. I had thought my sister would save somewhat less than the MSRP of the options because of the labor involved to get the swap done. Anyway, one of you said that Porsche Financial Services doesn't allow dealers to change the residual percentage, but does it have any restrictions on changing the MSRP in this manner, given that the MSRP has a role in determining the residual value of the car?

Michaell · August 2014

@crashtestdingo said:
Thanks, Michaell. I have still another question for you and/or kyfdx: My sister has settled on a certain 2014 Cayman S and is trying to negotiate a lease deal with the salesman. This particular car has 20-inch Carrera S wheels (MSRP $1,560) and the seemingly ubiquitous "Wheel Center Caps with Colored Porsche Crest" (MSRP $185). She asked the salesman if it's possible to swap these wheels for the base Cayman S wheels without the center caps and not only did he say he could have it done, he took the full MSRP of these options off the total MSRP of the car when running the numbers for the lease. I had thought my sister would save somewhat less than the MSRP of the options because of the labor involved to get the swap done. Anyway, one of you said that Porsche Financial Services doesn't allow dealers to change the residual percentage, but does it have any restrictions on changing the MSRP in this manner, given that the MSRP has a role in determining the residual value of the car?

Hmmm, excellent question. I'm not aware of any restriction by PFS to modify the base MSRP when changing the configuration of the car.

kmwkc · September 2014

Hi,

May I have the base discount, residuals and MF for the below please:

2015 Cayman Base (Manual Transmission): 24 months/12K miles
2014 Cayman with PDK: 24 months/12K miles

Michaell · September 2014

@kmwkc said:
Hi,

May I have the base discount, residuals and MF for the below please:

2015 Cayman Base (Manual Transmission): 24 months/12K miles

.00200 and 69%

2014 Cayman with PDK: 24 months/12K miles

.00126 and 67%

caraholic13 · September 2014

Is the money factor for the 2015 Cayman S still .00055? Also what is the current MRM for a 6spd cayman S?

Michaell · September 2014

caraholic13 said:
Is the money factor for the 2015 Cayman S still .00055? Also what is the current MRM for a 6spd cayman S?

MRM is $77,700 for the 2015 Cayman S

I don't see any subvented rates for the 2015 models, so I presume the MF to be .00200

koguma · November 2014

what's current MF/RV on 27/10k miles for Cayman S and GTS with manual?

2014 Porsche Cayman Lease Questions

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