Notices
991 Turbo 2012-2019 Turbo and Turbo S
Sponsored by:
Sponsored by: Road Spy

Turbo Lease Rates Wanted

Thread Tools
 
Search this Thread
 
Old 10-30-2013, 04:15 PM
  #16  
tomshop
Instructor
 
tomshop's Avatar
 
Join Date: Jan 2012
Location: New York
Posts: 195
Received 7 Likes on 5 Posts
Default

Thanks Brett. Very helpful. What price car are you assuming for payments you state? Also, any sense of the residuals for the cabs when they come out?
Old 10-30-2013, 04:20 PM
  #17  
tomshop
Instructor
 
tomshop's Avatar
 
Join Date: Jan 2012
Location: New York
Posts: 195
Received 7 Likes on 5 Posts
Default

Strange that PCNA is pushing the Turbo S yet their lease program provides an incentive to buy the Turbo.
Old 10-30-2013, 08:23 PM
  #18  
ljm301
Advanced
 
ljm301's Avatar
 
Join Date: Nov 2006
Location: Wilmington, Delaware
Posts: 82
Received 0 Likes on 0 Posts
Default

I've been offered my pick from four turbo's from three local dealers due in 30-90 days. I don't think either model is selling very well in the Delaware Valley. Personally, I can't justify the purchase price..

On the flip side my preferred dealer told me that if I wanted a GT3 I'd see it in 18 to 24 months and it sells at MSRP..
Old 10-30-2013, 09:35 PM
  #19  
PMAA
Rennlist Member
Thread Starter
 
PMAA's Avatar
 
Join Date: Jul 2012
Location: Ohio
Posts: 243
Received 114 Likes on 43 Posts
Default

Thanks for the info Brett ! I'm assuming the money factor is 0.002? Also was wondering does porsche finance offer an early lease exit on a current lease to trade up to another model? Thanks again
Old 10-31-2013, 09:40 AM
  #20  
ajag
Rennlist Member
 
ajag's Avatar
 
Join Date: Feb 2008
Location: Chicagoland
Posts: 874
Received 10 Likes on 5 Posts
Default

Ugh, those residuals are bad, how does that compare w/ the 997 lease residuals?
Old 10-31-2013, 02:17 PM
  #21  
Sonnen Porsche
Former Vendor
 
Sonnen Porsche's Avatar
 
Join Date: Jul 2013
Posts: 1,312
Received 104 Likes on 29 Posts
Default

Residuals:

911 Turbo Cab:
24 months
10,000 miles
60%

911 Turbo Cab:
36 months
10,000 miles
53%



911 Turbo S Cab:
24 months
10,000 miles
57%

911 Turbo S Cab:
36 months
10,000 miles
50%

Ouch!
Old 10-31-2013, 05:26 PM
  #22  
ajag
Rennlist Member
 
ajag's Avatar
 
Join Date: Feb 2008
Location: Chicagoland
Posts: 874
Received 10 Likes on 5 Posts
Default

Brett do you have residuals for the TT Coupe for 15k miles at 24 and 36 mos?
Old 10-31-2013, 05:59 PM
  #23  
Sonnen Porsche
Former Vendor
 
Sonnen Porsche's Avatar
 
Join Date: Jul 2013
Posts: 1,312
Received 104 Likes on 29 Posts
Default

Originally Posted by ajag
Brett do you have residuals for the TT Coupe for 15k miles at 24 and 36 mos?
Residuals:

911 Turbo Coupe:
24 months
15,000 miles
60%

911 Turbo Coupe:
36 months
15,000 miles
53%


Old 10-31-2013, 06:04 PM
  #24  
Sonnen Porsche
Former Vendor
 
Sonnen Porsche's Avatar
 
Join Date: Jul 2013
Posts: 1,312
Received 104 Likes on 29 Posts
Default

911 Lease loyalty:


2010 : up to 12 months /$2500 a month
2011 : up to 6 months / $2500 a month
2012 : up to 12 months / $2500 a month

Hope that helps fellas...
Old 10-31-2013, 08:57 PM
  #25  
Rocket_boy
Burning Brakes
 
Rocket_boy's Avatar
 
Join Date: Jun 2012
Posts: 1,179
Received 330 Likes on 219 Posts
Default

Originally Posted by tomshop
Strange that PCNA is pushing the Turbo S yet their lease program provides an incentive to buy the Turbo.
I don't find this strange at all,.....Porsche loves to make money and the pursuit of the top variant of each model (the "S") is a pretty good way for them to stuff their pockets a bit more on both the front end (purchase price) and the backend,....in this case a lease.

The TTS is a whopping $33K more compared to the TT and yet is maybe a tick or two faster in all out performance,.....but some people just can't let that go even when they won't come within a snowballs chance in hell of using even what the non-S has to offer.
Porsche knows this all too well and exploits the attitude to the fullest. (So do other brands also)

I'm sure the profit margin for the TTS is significantly more compared to the TT,....why wouldn't Porsche want to push and sell more of them?, it's called marketing. Don't get me wrong as I've given plenty of green to Porsche over the years, but in this case the TTS is just too much of a money grab compared to the TT. Just the fact that Porsche is pushing the TTS soooo hard compared to the TT is an easy sign for me to read.

Last edited by Rocket_boy; 10-31-2013 at 11:46 PM.
Old 10-31-2013, 10:52 PM
  #26  
tomshop
Instructor
 
tomshop's Avatar
 
Join Date: Jan 2012
Location: New York
Posts: 195
Received 7 Likes on 5 Posts
Default

Thanks Brett. What is maximum you can residualize on a TTS Cab?

Last edited by tomshop; 11-02-2013 at 11:31 PM.
Old 11-05-2013, 04:34 PM
  #27  
Sonnen Porsche
Former Vendor
 
Sonnen Porsche's Avatar
 
Join Date: Jul 2013
Posts: 1,312
Received 104 Likes on 29 Posts
Default

Originally Posted by tomshop
Thanks Brett. What is maximum you can residualize on a TTS Cab?
$214,300
Old 11-05-2013, 09:42 PM
  #28  
porsche518
Instructor
 
porsche518's Avatar
 
Join Date: Aug 2010
Posts: 192
Received 78 Likes on 30 Posts
Default

Holy **** those are bad. I was planning on flipping my 911 c2s lease for the turbo s, now ehh.
Old 11-16-2013, 11:55 PM
  #29  
TestnDoc
Rennlist Member
 
TestnDoc's Avatar
 
Join Date: Oct 2002
Location: USA
Posts: 595
Received 12 Likes on 5 Posts
Default

Anybody know what PFSs buy rate money factor (interest rate) on 24/27 month and 36/39 month lease on turboS is?
Old 11-17-2013, 10:09 AM
  #30  
tomshop
Instructor
 
tomshop's Avatar
 
Join Date: Jan 2012
Location: New York
Posts: 195
Received 7 Likes on 5 Posts
Default

Dealers try for .0022 but the right rate is .002.


Quick Reply: Turbo Lease Rates Wanted



All times are GMT -3. The time now is 07:06 AM.