997 2005-2012 911 C2, C2S, C4, C4S, GTS, Targa and Cabriolet Model Discussion.

09 Residuals/Money Factor

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  #16  
Old 08-15-2008, 01:48 PM
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Car leasing

Go to leasecompare.com. ( No affiliation what so ever.) They've got lot's of info on leasing and can even give you a quote based on the car you're looking. Best part are the tutorials on leasing, how the numbers are calculated, etc... For instance, if you multiply your money factor by 2400 you can determine the interest rate you're paying. the rate you quoted, .0027 works out to be 6.48 %.
 
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Old 08-15-2008, 06:21 PM
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leasecompare doesn't have the Porsche 09 rates yet.
 
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Old 08-15-2008, 06:48 PM
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Originally Posted by paulbluemaxx
These seem low. Not sure how a dealer can quote you residuals as they won't have the 09 residuals until September - at least that's what they are telling me.
Well, I did say that's what I was quoted - I have no idea how real these numbers are. I must admit that the dealer I ordered my car from hasn't given me numbers yet (they said they didn't have them) -- this was another guy trying to get me to order from him instead...

Oh and they are for 15000 miles/yr (I think it was 49% for 4yr, 15K on the '08) -- I drive my cars 12months - none of that soppy putting the car away when it snows for me!

If the residual really does turn out to be in the 60's then I'll have to rethink my plans...

/simgr
 
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Old 08-15-2008, 06:49 PM
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IMHO- The only time as lease makes sense is for business purposes and you have to burn some taxable income. I can't see it making financial sense any other way..
 
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