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May lease rates

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Old 05-25-2015 | 03:29 PM
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May lease rates

Anyone know the lease rates for May for the 2015 991 GTS? MSRP $136K

2 or 3 year term 5k mi/year

MF and residuals?

Also, what discount off of MSRP should I shoot for? The car is on the ground in stock. Any help appreciated. Thanks in advance?

Matt
 
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Old 05-25-2015 | 07:30 PM
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Originally Posted by mlaynemd
Anyone know the lease rates for May for the 2015 991 GTS? MSRP $136K

2 or 3 year term 5k mi/year

MF and residuals?

Also, what discount off of MSRP should I shoot for? The car is on the ground in stock. Any help appreciated. Thanks in advance?

Matt

2 year 5kmiles/year 70%
3 year 5k miles 59
MF .00200

In sothern Ca it's possible upto 8.75% off.
 

Last edited by saala; 05-25-2015 at 09:03 PM.
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Old 05-26-2015 | 07:14 AM
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I got an insane lease quote for a GTS, IT was like 3k per month with zero down, he said the rates in the S are bad and the GTS real bad.

I got a Base for a great deal. $999 per month with 7500 down plus tax
 
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Old 05-26-2015 | 10:15 AM
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Originally Posted by carbonbmw
I got an insane lease quote for a GTS, IT was like 3k per month with zero down, he said the rates in the S are bad and the GTS real bad.

I got a Base for a great deal. $999 per month with 7500 down plus tax
What made the rates on the S bad and on the GTS real bad? Were the Residuals extremely low or the Money Factors extremely high or both?
 
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Old 05-26-2015 | 10:23 AM
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The difference between base , s and GTS is 2%.
24 m 15k base residual is 69%
S is 67
Gts 65

Add 2%for 12k miles
Another 1 % for 10k
1% for 7500
And 1% for 5000
 
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Old 05-26-2015 | 10:51 AM
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HE was saying both residual and MF are both way worse on the S and GTS. I asked 2 different dealers and got the same answer.
 
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Old 05-26-2015 | 12:14 PM
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They are giving you false information.
All three trims are 2% difference from each other. And MF is .00200 for all terms and trims.
30 months term is the best deal because the payment is cheaper than even 36 months due to the better residual.

30 m
Base 65%
S 63%
Gts 61%

All with 15k/year miles.
Add 2% for 12k
1 additional for 10k

As far as I know dealers can't lie about residual value of the car according to law but they can bump up the money factor as high as they can. So be careful with MF which currently is .00200 from PFS.
 

Last edited by saala; 05-26-2015 at 12:25 PM.
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Old 05-26-2015 | 02:40 PM
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If this is true I will be very pissed as I wanted a S model. 2 different sales mans both told me the same thing. IT would have been around 15k down and 1500 per month on a S
 
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Old 05-26-2015 | 03:17 PM
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Another thing to be kept in mind is that even if you are gonna drive 12k miles / year in a 24 months term get the 7500 miles term and buy the miles at the end. $.30 x 9000 miles is same as loosing 2% residual value upfront which on $125k is 2500. Keep lower payment and just buy miles at the end .
 
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Old 05-26-2015 | 05:22 PM
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Originally Posted by saala
Another thing to be kept in mind is that even if you are gonna drive 12k miles / year in a 24 months term get the 7500 miles term and buy the miles at the end. $.30 x 9000 miles is same as loosing 2% residual value upfront which on $125k is 2500. Keep lower payment and just buy miles at the end .
+1, this is very sound advice. I do the same thing on my leases. Lock in the higher residual on the front end, and then pay the penalty on the extra mileage at the back end if you have to. You'd have to blow past your mileage allowance by quite a significant margin in order to lose money this way.
 
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Old 05-26-2015 | 07:58 PM
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The info given in this thread is accurate!

Originally Posted by mlaynemd
Anyone know the lease rates for May for the 2015 991 GTS? MSRP $136K

2 or 3 year term 5k mi/year

MF and residuals?

Also, what discount off of MSRP should I shoot for? The car is on the ground in stock. Any help appreciated. Thanks in advance?

Matt
I am picking my car up May 30th. Money factor is .00200, given for best credit rating. Lower credit rating will raise that rate.
Depreciation factor, I think, is, from memory, either 62% or 63% on my C4S over 40 months.
Get that capitalized cost down as far as possible! 8% is obtainable on a custom order. An in stock car should be even better.
I would suggest contacting some knowledgable members on this board. This is a fantastic network of enthusiasts more than willing to help direct other members to find the right deal! I found my deal by working through contacts on here and another board. Through my contacts I was able to find a dealer not too far from my home that literally tripled the discount I was offered by local dealers.
Since a service department is a separate profit center, your local dealer will be happy to service your car, even if you didn't buy it from them.
Happy hunting. Its worth the effort! < this is the expression I will be wearing on Saturday morning!
popspin
 

Last edited by popspin; 05-26-2015 at 08:02 PM.
  #12  
Old 05-27-2015 | 08:59 PM
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Originally Posted by popspin
I am picking my car up May 30th. Depreciation factor, I think, is, from memory, either 62% or 63% on my C4S over 40 months.

I pay cash. I think it is 20% the first year and then to 50% over four years.


I do not worry about.
 
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Old 05-28-2015 | 07:09 AM
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Good someone else got insane high quotes for a GTS also, I know it was getting right numbers
 
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Old 05-28-2015 | 12:04 PM
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Gts lease should be as follows
Msrp $132000 as my built
Selling price $121000
Residual value 10k miles per year 30 months term 64%
MF .00200
Min drive off ( dmv, first payment ) approx $2500.
Monthly payment before taxes
$1627. Add appropriate taxes based on your residence.
 
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Old 05-28-2015 | 04:43 PM
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The residual and the MF are spot on, the ultimate monthly payment will be driven by the selling price. Saala, you got an absolutely incredible discount, but I doubt 8.5% will be achievable for most people in certain parts of the country.
 


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