2 year lease residuals is better than 3 year on 991 Base
#32
02-01-2013, 02:04 AM
hey guys, the 2 year lease is way cheaper than the 3 year lease because HELLLO!!! 991.2 WILL be launched after 2 years!!! hello mcfly? therefore the residual values on a 2 year lease for a base 911 is extremely high!
#33
02-01-2013, 02:16 AM
Join Date: Dec 2012
Location: San Francisco, CA
Posts: 68
Rep Power: 14 
I also got nowhere with them.
#34
02-01-2013, 02:19 AM
Join Date: Dec 2012
Location: San Francisco, CA
Posts: 68
Rep Power: 14
fair point, can't comment since i'm not sure how the 997.1 did when the .2 came out or how long it took Porsche to put out the .2 after the initial car debuted. maybe some previous gen owners could confirm this.
#35
02-01-2013, 07:20 AM
Those residuals look pretty good but the money factor is horrific. Current interest rates for rope credit are about 2% versus the lease factor of .0024 (5.8%). On a 100k car, this will cost an extra $6000 +\- in interest over the 2 years. Plus you have an $895 lease acquisition fee and a lease exit fee bringing total extra cost of the lease to about $7000 +\-.
Even with good residuals, those leases are still a very good deal for porsche financial services at the high interest rate. Makes much more financial sense to buy. However, leases do eliminate some risk of ownership and they are typically easy to exit (unless they ding you for excess wear and tear).
Good luck.
Even with good residuals, those leases are still a very good deal for porsche financial services at the high interest rate. Makes much more financial sense to buy. However, leases do eliminate some risk of ownership and they are typically easy to exit (unless they ding you for excess wear and tear).
Good luck.
Last edited by bummedout; 02-01-2013 at 08:24 AM.
#36
02-01-2013, 11:38 AM
I just leased a a base 911 this past wednesday. The MSRP was $104,365. I got 5% off. The MF was .0020 and the residual was 78%.
Last edited by tommyboy214; 02-01-2013 at 11:46 AM.
#37
02-01-2013, 11:42 AM
what's the annual mileage? My was 12k miles/year at 76%. How did you get it up to 78%?!? very curious. great deal!
#38
02-01-2013, 11:44 AM
I would think this makes the 2 year depreciation worst. if 2015 has an update then the older model would take a bigger hit, wouldn't it? personally, if there was a new 2015 update, I'd expect to pay less for a 2013/2014...
#39
02-01-2013, 11:47 AM
I am at 10,000 per year for 24 months. For the 4,000 miles or 12,000 per year the payment would have been 1056 over the 2 year period. AT .30/mile it will cost me 1,200 if i use those 4,000 miles. I have been doing only about 8,000/year over the past 3 years due to travel for work and family.
#40
02-01-2013, 12:30 PM
hopefully this helps
Here's your explanation if you don't get it from this, I can't help you further....
assume:
T=time right now
Any numbers=years
T+3:
Porsche will likely introduce a 991.2 allowing 2 year leased cars purchased this year or later in 2012 (late'12s/early'13 models) would have had an entire year to sell and still be considered the newest body style therefore keeping their respective residual values higher and allowing us to rent at cheaper rates because at the end of the day Porsche feels like the cars will be work a substantial amount, and they are probably right and can control this by delaying launches and generally speaking no car holds their value better than a p-car.
Consider leasing just like you would consider renting a car. For those retards who think purchasing a car versus leasing car is a better route is just outright nonsensible to me unless I just simply had 100x the amount of the car I'm purchasing even then I may be smarter than to purchase.
I pay $34/day for two years to rent my 2013 Carrera Coupe.
leased cars be a 2 years from now would be a 2016 update the model would be introduced in late 2015
T+2:
The car is still hot because its the most current shape
T+.5:
Ripping through corners & having s3x with random girls just for driving the prettiest 911 ever made. (ahhaah i wish it was that easy)
#41
02-01-2013, 01:14 PM
[QUOTE=20-C4-10;3758362]Onapex,
Consider leasing just like you would consider renting a car. For those retards who think purchasing a car versus leasing car is a better route is just outright nonsensible to me unless I just simply had 100x the amount of the car I'm purchasing even then I may be smarter than to purchase.
I pay $34/day for two years to rent my 2013 Carrera Coupe.
QUOTE]
Exactly the same logic I came to, after showing up at the dealership ready to purchase. Just for grins ran the special 2 year PFS lease numbers and came away with a new 911, configured the way I wanted it, for two years at less than $24,000, all in.
Consider leasing just like you would consider renting a car. For those retards who think purchasing a car versus leasing car is a better route is just outright nonsensible to me unless I just simply had 100x the amount of the car I'm purchasing even then I may be smarter than to purchase.
I pay $34/day for two years to rent my 2013 Carrera Coupe.
QUOTE]
Exactly the same logic I came to, after showing up at the dealership ready to purchase. Just for grins ran the special 2 year PFS lease numbers and came away with a new 911, configured the way I wanted it, for two years at less than $24,000, all in.
#43
02-01-2013, 06:55 PM
Join Date: Dec 2012
Location: San Francisco, CA
Posts: 68
Rep Power: 14
Great to hear people still able to get 0.0020 MF in Jan. had I known I would of negotiated for it.
Tommy, faz - Did they just offer you 0.0020 or did you have to negotiate for it?
Tommy, faz - Did they just offer you 0.0020 or did you have to negotiate for it?
#44
02-01-2013, 08:14 PM
I just did an order on a 2013 C4S and will be leasing for 24 months. Money factor is .002 and the residual is 71% for 12,000 miles per year. I did not have to negotiate MF or Residual as those are the rates offered by PFS. I did however negotiate 6.25% discount.
