superquant

Considering a 2013 C4S and am wondering what kinds of residual and MF you are seeing or have gotten for anyone that has done a lease on these?

Thanks

ds2k1

I'm looking to lease a 2013 C2S and would love the same info. Plus, any recent discount off MSRP info would be helpful, too.

flyinbrian

I just did an order on a 2013 C4S and will be leasing for 24 months. Money factor is .002 and the residual is 71% for 12,000 miles per year.

lemonade

The residuals and MF are set by Porsche on PFS leases. .0020 is base unless your credit is below 680. If it is lower than 680, still fight for it. Shady dealers will manipulate the factory set residuals (unless you overspec). But until the 4-1-13 program changes, they are as follows:

C2S Coupe 78-76-71-69-56% on 12-15-24-27-36 mos
C4S Coupe 77-75-70-68-53% on " "

This is at 15k miles year.

Fight hard for 8-10% off a custom order and 12%+ off cars on a lot. 2014 cars are close and I don't think the sales of $100k cars are exactly brisk.

Best,

D

lemonade

The residuals and MF are set by Porsche on PFS leases. .0020 is base unless your credit is below 680. If it is lower than 680, still fight for it. Shady dealers will manipulate the factory set residuals (unless you overspec). But until the 4-1-13 program changes, they are as follows:

C2S Coupe 78-76-71-69-56% on 12-15-24-27-36 mos
C4S Coupe 77-75-70-68-53% on " "

This is at 15k miles year.

Fight hard for 8-10% off a custom order and 12%+ off cars on a lot. 2014 cars are close and I don't think the sales of $100k cars are exactly brisk.

Best,

D

flyinbrian

I received approximately 6.25% off, 8-10% seems pretty high especially if it is true that there is only 10% margin on an ordered car?

prepostrs

.77 residual, 24 months, 12K miles, 5-6% off MSRP, .0020 money factor. I spoke with 5 LA dealers, Pacific Porsche worked with me the most.

flyinbrian

I take it that is on a 2013 C2S?

prepostrs

that's right, sorry I forgot to specify.

flyinbrian

Must be a manual too? I believe the PDK decreases the residual 1% also. Still kind of surprised that the C4S is 5% lower that the C2S.

mlambert890

Porsche sales are actually up quite dramatically. The middle class may be eroding in the US, but wealth at the top end has been growing ridiculously at a global level. US saw big growth and China is actually closing the gap

http://www.9magazine.com/porsche-sur...d-figures.html

I mean by all means push for whatever discount you can get, but I'd have to see a scanned bill of sale to believe 12% off MSRP on a lease when the number of people who can, and will, just walk in and buy these cars cash on a whim is actually growing

prepostrs

PDK, not manual.

fq

The marginal buyer for a Porsche is not the "cash in hand buy on a whim" buyer. The marginal buyer is the one either stretching his finances or is looking for/getting a great deal. So I would tend to believe the 12% number of the earlier poster at a time when European sales are not growing at the rate that Porsche had baked in its production numbers for the new 911, the Cayenne and the Boxster. Therefore, deals are there to be had. That is one reason they have inflated lease residuals and are advertising an $899/mo lease for the 991 for 24 months.

lemonade

Correct on the PDK residual change.

-1% on PDK

also

+2% on 12k miles
+3% on 10k miles

Ultra low mileage of 5-7.5k/year adds 4-5% depending on term.

D

ds2k1

Super helpful, guys. Thanks for the info. For the sake of argument, assuming a '13 C2S with a manual transmission, $115K msrp with a 5% discount, 12K miles per year, 24 month lease, minimum down, what would a monthly payment be approximately?