Notices
718 Forum 982 (718) 2016-Current Discussions about 718 Boxster Cayman Variants
Sponsored by:
Sponsored by:

718 cayman s lease and many questions

Thread Tools
 
Search this Thread
 
Old 11-19-2016, 11:44 AM
  #16  
Dice13
Intermediate
Thread Starter
 
Dice13's Avatar
 
Join Date: Sep 2012
Location: New jersey
Posts: 43
Received 0 Likes on 0 Posts
Default

I lease cause I get new cars every 3 years or sooner if I go into the same make.It is a weekend car so I have not gone over 7 k a year. Is the MF of .00100 sound right. I know residual is set by porsche. I will see if I can get dealer to give the 7%. I'm pretty excited to know I may be jumping Brands,always wanted a Porsche. I just make me feel better knowing I got close to the best possible deal, especially since maintenance all falls on me.But I am willing to to make the switch,Bmws maintenance was great but I am not going to let that play into my decision of switching. Especially that I got the wife finally talking about porsche, lol.
Old 11-19-2016, 11:44 AM
  #17  
il pirata
Banned
 
il pirata's Avatar
 
Join Date: Feb 2011
Location: colorado canyons
Posts: 4,078
Received 166 Likes on 104 Posts
Default

Originally Posted by Dice13
I did sign paperwork
What paperwork...did you already sign a lease agreement?
Old 11-19-2016, 11:49 AM
  #18  
Dice13
Intermediate
Thread Starter
 
Dice13's Avatar
 
Join Date: Sep 2012
Location: New jersey
Posts: 43
Received 0 Likes on 0 Posts
Default

I guess you can say that. I did not leave the down payment they wanted me to leave 1k. They are not running credit check or ordering car till deposit is left. I told them in two weeks when I'm fully decided. He put me under the gun a little to sign but figured ok being I'm leaving no deposit.
Old 11-19-2016, 03:23 PM
  #19  
ClintonM3
Racer
 
ClintonM3's Avatar
 
Join Date: Sep 2010
Posts: 474
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Dice13
I guess you can say that. I did not leave the down payment they wanted me to leave 1k. They are not running credit check or ordering car till deposit is left. I told them in two weeks when I'm fully decided. He put me under the gun a little to sign but figured ok being I'm leaving no deposit.
You are fine. You didn't sign anything. Lease agreement is signed at delivery. At most you signed a purchase intent, but no deposit, this is not a deal. Most dealers would not order a car without deposit, a signed buyers order, signed credit application, credit approval and OFAC checked.

Your 5% is good. Sure you might be able to get 7%. But if hands already shook, to me it is considered bad form to re-negotiate. But yes, you are entitled to get as best as a deal you can get and it doesn't look like you solidify a deal anyways.

I agree with others, omitting some of the options like PDK will get you where you want to be payment wise. I wouldn't be so concern with a couple of ticks to 60mph. By omitting PDK, you can save more than $40/mo. But I have been called a purist before....

Another factor hasn't been mentioned yet, and that is supply. If the last few allocations were short and production has slowed, then a dealer might not want to take a low grossing deal.
Old 11-19-2016, 03:56 PM
  #20  
il pirata
Banned
 
il pirata's Avatar
 
Join Date: Feb 2011
Location: colorado canyons
Posts: 4,078
Received 166 Likes on 104 Posts
Default

Originally Posted by ClintonM3
You didn't sign anything.
OP just said he signed something...question is what did sign?


Originally Posted by ClintonM3
Another factor hasn't been mentioned yet, and that is supply. If the last few allocations were short and production has slowed, then a dealer might not want to take a low grossing deal.
No Porsche dealer in the US is going to have to worry about getting a 718 allocation...are you serious?
Old 11-19-2016, 05:33 PM
  #21  
Dice13
Intermediate
Thread Starter
 
Dice13's Avatar
 
Join Date: Sep 2012
Location: New jersey
Posts: 43
Received 0 Likes on 0 Posts
Default

The paper really says nothing at top but lease 51 at top. On the bottom where I signed it says , This order not subject to cancellations Deposit non-refundable which I did not give. Also signed on same paper balance in cash or certified check due on delivery.
Old 11-19-2016, 10:28 PM
  #22  
ClintonM3
Racer
 
ClintonM3's Avatar
 
Join Date: Sep 2010
Posts: 474
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by il pirata
OP just said he signed something...question is what did sign?




No Porsche dealer in the US is going to have to worry about getting a 718 allocation...are you serious?
I am semi serious actually. Dealers do refuse allocation, especially snow belt dealers during the winter months. I don't have first hand knowledge about 718 allocation, but do know enough people who had tougher times with obscure models, like a E-hybrid or GTS. But you are right, for a 718, I presume any dealer should have no problem swapping, even if they sold out their own.


Originally Posted by Dice13
The paper really says nothing at top but lease 51 at top. On the bottom where I signed it says , This order not subject to cancellations Deposit non-refundable which I did not give. Also signed on same paper balance in cash or certified check due on delivery.
Sounds like a buyers order. Not binding if no deposits given.
Old 11-20-2016, 06:20 PM
  #23  
Eyelise
Rennlist Member
 
Eyelise's Avatar
 
Join Date: Nov 2016
Posts: 32
Likes: 0
Received 3 Likes on 2 Posts
Default

OP,

I am in the same boat regarding the 718. I'm just in no rush and will likely purchase.

My experience with the 2017s comes from the Atlanta Porsche experience on track and during a FastLane tour in Germany.

I drove a 2017 CS, and Targa S on the track for a day and the C4S in Germany for about 1500KM. The Boxster 718 and 718 S were limited to autocross and only briefy.

PDK for me is a must with the turbo engines. The near instant no lift shifts are part of the reason virtually no lag is noted. The throttle body is never closed. In fact Porsches DRS holds the TB open just a bit and backs off the timing to keep the turbos spooled to a lesser degree with less spirited driving. PDK was just amazing as was the sport plus mode in gnrl. I drove the car in sport plus all the time in Germany and that includes PASM.

I experimented with PASM and I loved it on. I'd expect the same for the 718. I hit 278kph on the unrestricted autobahn and 250kph+ many many times and PASM really made a difference. It felt more confidence inspiring by far. I did switch it off in town when the roads got bumpy and it was indeed noticeably more comfortable.

The sport exhaust defaults on with sport plus too. It sounded better, I liked it, and had it on the whole time, but personally, not enough to warrant the $$$.

I'm waiting to drive the Cayman S or possibly the GTS before I pull the trigger. I also need help with color, and interior options. I will limit the options to a minimum though. I'm going to drive it like I stole it LOL.

Just my 2 cents
Old 11-21-2016, 11:58 AM
  #24  
beefchopper
Racer
 
beefchopper's Avatar
 
Join Date: Jul 2016
Location: Florida
Posts: 403
Received 96 Likes on 62 Posts
Default

Originally Posted by Dice13
Here is the deal is got 718 cayman s. I will give as much info as I have to see if you guys think this is as good as it gets

Base price 66,300
Destination 1050

Options
folding mirrors 320
Pdk 3200
Pasm 2070
Sport Chrono 2605
Sports exhaust 2540
20 in carrera s wheels 1580
GTS sport wheel 320
Heated seats 520 = options 13,165 +Des 1050+ base 66,300=80,515 total price.

This is a 36 month lease, 7500 miles per year, total 2000 due at signing. Payment $1040 per month. The residual I believe was 58% a little over 4k off Msrp, money factor .00100. These numbers are what I remember can't find where I wrote it down, but I think I'm dead on.

Sorry for the long post but I have till next week before I need to give 1k down for them to order.I did sign paperwork
I believe the current MF directly from Porsche Financial is .0020 not .0010. I ran your approximate numbers through a lease calculator and they seem to suggest that as well.
Old 11-21-2016, 04:45 PM
  #25  
Dice13
Intermediate
Thread Starter
 
Dice13's Avatar
 
Join Date: Sep 2012
Location: New jersey
Posts: 43
Received 0 Likes on 0 Posts
Default

Beefchopper is my payment about right at 1040 with nj tax I think about 7% selling price 76,490,80,515 was Msrp putting 2k down total 1st month included.
Old 11-21-2016, 05:19 PM
  #26  
ClintonM3
Racer
 
ClintonM3's Avatar
 
Join Date: Sep 2010
Posts: 474
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Dice13
Beefchopper is my payment about right at 1040 with nj tax I think about 7% selling price 76,490,80,515 was Msrp putting 2k down total 1st month included.
According to my lease calculation, and if all your parameters are indeed correct, then your payment is bang on.
Old 11-21-2016, 06:05 PM
  #27  
Dice13
Intermediate
Thread Starter
 
Dice13's Avatar
 
Join Date: Sep 2012
Location: New jersey
Posts: 43
Received 0 Likes on 0 Posts
Default

Awesome guys thanks so much for the help. Now I just need to see if he will budge on his 5 % off Msrp to 7% or add navigation.I know I am close to the deal I want and will ask but not walk away if they don't budge.
Old 11-21-2016, 07:02 PM
  #28  
il pirata
Banned
 
il pirata's Avatar
 
Join Date: Feb 2011
Location: colorado canyons
Posts: 4,078
Received 166 Likes on 104 Posts
Default

So you signed the lease...and now are going to try to renegotiate the deal?
Old 11-22-2016, 07:53 AM
  #29  
Dice13
Intermediate
Thread Starter
 
Dice13's Avatar
 
Join Date: Sep 2012
Location: New jersey
Posts: 43
Received 0 Likes on 0 Posts
Default

I guess you can say I signed a order forms. I told sales person before I left it was going to some more research before I actually leave a deposit and said I think there is a little more room to negotiate.
Old 11-22-2016, 09:17 AM
  #30  
Eyelise
Rennlist Member
 
Eyelise's Avatar
 
Join Date: Nov 2016
Posts: 32
Likes: 0
Received 3 Likes on 2 Posts
Default

I built one last night and MSRP was almost exactly the same. Interested to know the final numbers


Quick Reply: 718 cayman s lease and many questions



All times are GMT -3. The time now is 10:45 AM.