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FS: '08 Porsche Cayman S lease assumption $665/month

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  #1  
Old 10-03-2009, 08:01 AM
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FS: '08 Porsche Cayman S lease assumption $665/month

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  #2  
Old 10-03-2009, 10:51 AM
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great deal! what is the residual buy out?
 
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Old 10-03-2009, 02:43 PM
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Originally Posted by BOYRACER
great deal! what is the residual buy out?
its listed in the ad
 
  #4  
Old 10-04-2009, 12:03 PM
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Originally Posted by BOYRACER
great deal! what is the residual buy out?
Thanks! From the ad:
-residual = $37914.00 (after 3 yr lease)

TBH, I doubt anyone would be interested buying the car at the end of the lease. With current economy used car values plummeted and residuals are almost always lot higher then market value. Porsche Financial (or their insurance) will have to deal with it at the end of the lease.

You either have super low lease payment and high residual or high payment and lower residual - all other factors (such as MF) being equal.

Most likely this is the best deal you'll get on CS
 
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Old 10-06-2009, 06:24 AM
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Photog, where are you located?
 
  #6  
Old 10-06-2009, 08:34 AM
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Originally Posted by vpr80
Photog, where are you located?
Forgot to put it in the ad, but fixed now. Car is located in Royal Oak, MI
 
  #7  
Old 10-06-2009, 07:17 PM
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one of the problem is that PFS will not allow a complete lease take over. so you will have to stay on the lease which opens you to liability. i had this issues many times with prior porsche leases..
 
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Old 10-07-2009, 12:46 PM
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Originally Posted by trovan
one of the problem is that PFS will not allow a complete lease take over. so you will have to stay on the lease which opens you to liability. i had this issues many times with prior porsche leases..
I am aware of that policy. PFS said they are very selective who they accept on the lease (must have excellent credit history), so while I'm still taking a risk, hopefully it's minimized by this.

 

Last edited by photogS; 11-01-2009 at 10:21 AM.
  #9  
Old 10-09-2009, 05:53 AM
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Originally Posted by trovan
one of the problem is that PFS will not allow a complete lease take over. so you will have to stay on the lease which opens you to liability. i had this issues many times with prior porsche leases..
Hmm..I guess things have changed. I did a complete lease take over in early 90's.

Very nice car and free bump!.
 
  #10  
Old 10-12-2009, 09:05 PM
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Transfer is pending
 
  #11  
Old 10-13-2009, 01:26 AM
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Excellent lease price on a fun car. This should be a quick transfer
 
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