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Thoughts on my potential lease?

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Old 10-29-2018, 12:38 AM
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propofunk
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Default Thoughts on my potential lease?

Hi all,

Long time lurker. In the market to get into a new 2018 Cayman S PDK. I was looking at the GTS, but it's just a tad out of my price range for now. The dealer was able to find a car from another dealer out of state and will get the car for me. I've been shopping around and I think I found a decent deal, but please let me know. I've tried to negotiate more off the MSRP but have had a hard time in the Bay Area. It would be a 10k/39 month lease.

2018 Black Cayman S
PDK
Heated Seats
20" Carrera S wheels
Wheels painted in satin black
Lane Change assist
Heated Multifunctional Stearing Wheel
BOSE
Porsche Connect
PSE pained in black
Crest on Head rest
Tinted tail lights
Fuel Cap in Aluminum Look

MSRP: 78710
Selling: 76210
CA TAX: 3375
Dealer/State: 723.00
Residual: 47226 or 58%
10k/39 month lease.
Current numbers to take it home are 2110 drive off and 1050/month. With the wheel and tire package $1488 it would be about 1090/month.

How's it look? Any help is greatly appreciated. Thanks!

Last edited by propofunk; 10-29-2018 at 01:28 PM.
Old 10-29-2018, 08:56 AM
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k3v7n
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Murdered out! Love it. Photos please to help us help you better. 😉
Old 10-29-2018, 11:10 AM
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iliveoncaffiene
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Pretty good deal. I'd be missing Sport Chrono / 14-way seats / seat memory / dimming mirrors / automatic climate control, but that's just me
Old 10-29-2018, 01:28 PM
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propofunk
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Originally Posted by k3v7n
Murdered out! Love it. Photos please to help us help you better. 😉

I'll get some photos as soon as they get it in!
Old 10-29-2018, 05:55 PM
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propofunk
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Originally Posted by iliveoncaffiene
Pretty good deal. I'd be missing Sport Chrono / 14-way seats / seat memory / dimming mirrors / automatic climate control, but that's just me

I knoooow... I was looking to get the Sport Chrono, but I'm not sure I'll be utilizing it that much. All the others would be nice too!
Old 10-29-2018, 06:58 PM
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k3v7n
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Originally Posted by propofunk
I knoooow... I was looking to get the Sport Chrono, but I'm not sure I'll be utilizing it that much. All the others would be nice too!
At least you don’t get the silly clock!
Old 10-29-2018, 09:15 PM
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propofunk
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Does anyone think the sport chrono is absolutely necessary?
Old 10-30-2018, 08:49 AM
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iliveoncaffiene
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Originally Posted by propofunk
Does anyone think the sport chrono is absolutely necessary?
It changes throttle mapping / boost mapping compared to Sport mode to make it more responsive in the higher rev ranges compared to sport.
Sport: Very jumpy at low RPMs, falls off a little more in the upper range. PDK mapping (when in automatic mode) hangs on to revs more readily than Normal. This is literally a "sporty" mode meant for driving around on the street in a "sporty" fashion.
Sport+: Less jumpy at low RPMs, more of a linear mapping (feels like a N/A car) with boost almost always on. PDK mapping (when in automatic) is racing oriented - it will always keep the tach in the optimal rev range and downshift even at 4-5k RPMs just to keep the revs up high

Side benefits: Individual mode, dial on the steering wheel for the different modes, dynamic transmission mounts based on mode. The clock and lap timer are really the least of the benefits.
In the end, Sport/Sport+ have the same power output it's just managed differently.

Personally, I couldn't think to have one knowing that I didn't have Sport Chrono - even if I barely use it. I'm just obsessive that way...
Practically, I think it's most useful on the track where you can throw it in full auto mode with Sport+ and have it perform perfectly.

Last edited by iliveoncaffiene; 10-30-2018 at 09:36 AM.
Old 11-13-2018, 10:23 PM
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stinz
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My custom ordered C2 991.2 is due to arrive mid- Dec. Originally planned on purchasing it, but probably going to lease it now. Putting aside the question of buy vs lease, has any one
recently leased thru PFS? Does anyone know what the current MF & residual % for a 36 month lease, assuming 5k miles/yr with a PFS tier 1 credit score? This will be my first Porsche. Counting the days! Thx.
Old 11-16-2018, 05:38 PM
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napiers porsche
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Your lease rate is 14.48% that is way too high.
Old 11-16-2018, 07:25 PM
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How did you come up with that #? That translates into a .0060 MF. That would be higher than high.
Old 11-17-2018, 12:35 AM
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napiers porsche
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I took the approximate 33K that he would pay after the residual and the payment of $1,090 for 39 months to get the interest rate. I will post the amortization as soon as I get to my office either tomorrow or Monday.
Old 11-17-2018, 11:17 PM
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NJ-718Guy
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No crazy about the discount. I just ordered a 2019 Cayman S and negotiated 10% off. You can do better on selling price and also the money factor.

Keep in mind that every 1,000.00 off reduces the payment close to $30/month.
Old 11-19-2018, 06:48 PM
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napiers porsche
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Calculation of costs:
Purchase Price 76,210Lease RateCompound Period:MonthlyNominal Annual Rate:15.797%CASH FLOW DATAEventDateAmountNumberPeriodEnd Date1Loan11/19/201833,082.0012Payment12/19/20181,090.0039Monthly2/19/2022ulation of lease
Old 11-19-2018, 06:49 PM
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napiers porsche
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Sorry guys I was trying post an amortization schedule and it did not take.
I will get that going for you.


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