What are your thoughts on this C2S lease?
12-02-2014 | 07:19 PM
#32
Three Wheelin'
Joined: Apr 2013
Posts: 1,265
Likes: 1
From: Long Island, NY
For what it's worth, I just negotiated a deal on a new 2014 911 C2S.
The car was very heavily optioned for a C2S. PDK, Sport Chrono, Glass Sunroof, PASM, Sport Exhaust, Sport Design fascia, etc.
MSRP on the car was $128,315. I negotiated $20k off MSRP, to $108,315. Roughly 16% discount. No other dealer I worked with would even get close to this deal.
I wound up leasing the car on a 24 month term, 71% residual, with money factor of 0.00168. Money factors are lower on remaining 2014's. I had one dealer quote 0.00153 as the buy rate. But because of the steep discount, the dealer I went with would not go there. When pushed, the response from the sales manager was a polite 'better take this deal before I change my mind'.
The MRM (Maximum Residualized MSRP) for a 911 C2S is $123,880, so that impacted my net residual, but the deal going into the lease was simply WAY too good to pass up.
It is true that 911 inventory is being restricted for some reason. I had several dealers reference this during my shopping.
The deals are out there if you find the right motivated dealer. Just takes work.
To the OP - that is a very fair lease deal and I would move on it fast. PFS leases are closed ended and no concerns about anything except excess wear and tear.
The car was very heavily optioned for a C2S. PDK, Sport Chrono, Glass Sunroof, PASM, Sport Exhaust, Sport Design fascia, etc.
MSRP on the car was $128,315. I negotiated $20k off MSRP, to $108,315. Roughly 16% discount. No other dealer I worked with would even get close to this deal.
I wound up leasing the car on a 24 month term, 71% residual, with money factor of 0.00168. Money factors are lower on remaining 2014's. I had one dealer quote 0.00153 as the buy rate. But because of the steep discount, the dealer I went with would not go there. When pushed, the response from the sales manager was a polite 'better take this deal before I change my mind'.
The MRM (Maximum Residualized MSRP) for a 911 C2S is $123,880, so that impacted my net residual, but the deal going into the lease was simply WAY too good to pass up.
It is true that 911 inventory is being restricted for some reason. I had several dealers reference this during my shopping.
The deals are out there if you find the right motivated dealer. Just takes work.
To the OP - that is a very fair lease deal and I would move on it fast. PFS leases are closed ended and no concerns about anything except excess wear and tear.
12-02-2014 | 08:26 PM
#33
Burning Brakes
Joined: Oct 2005
Posts: 1,247
Likes: 281
From: In the garage
For what it's worth, I just negotiated a deal on a new 2014 911 C2S.
The car was very heavily optioned for a C2S. PDK, Sport Chrono, Glass Sunroof, PASM, Sport Exhaust, Sport Design fascia, etc.
MSRP on the car was $128,315. I negotiated $20k off MSRP, to $108,315. Roughly 16% discount. No other dealer I worked with would even get close to this deal.
I wound up leasing the car on a 24 month term, 71% residual, with money factor of 0.00168. Money factors are lower on remaining 2014's. I had one dealer quote 0.00153 as the buy rate. But because of the steep discount, the dealer I went with would not go there. When pushed, the response from the sales manager was a polite 'better take this deal before I change my mind'.
The MRM (Maximum Residualized MSRP) for a 911 C2S is $123,880, so that impacted my net residual, but the deal going into the lease was simply WAY too good to pass up.
It is true that 911 inventory is being restricted for some reason. I had several dealers reference this during my shopping.
The deals are out there if you find the right motivated dealer. Just takes work.
To the OP - that is a very fair lease deal and I would move on it fast. PFS leases are closed ended and no concerns about anything except excess wear and tear.
The car was very heavily optioned for a C2S. PDK, Sport Chrono, Glass Sunroof, PASM, Sport Exhaust, Sport Design fascia, etc.
MSRP on the car was $128,315. I negotiated $20k off MSRP, to $108,315. Roughly 16% discount. No other dealer I worked with would even get close to this deal.
I wound up leasing the car on a 24 month term, 71% residual, with money factor of 0.00168. Money factors are lower on remaining 2014's. I had one dealer quote 0.00153 as the buy rate. But because of the steep discount, the dealer I went with would not go there. When pushed, the response from the sales manager was a polite 'better take this deal before I change my mind'.
The MRM (Maximum Residualized MSRP) for a 911 C2S is $123,880, so that impacted my net residual, but the deal going into the lease was simply WAY too good to pass up.
It is true that 911 inventory is being restricted for some reason. I had several dealers reference this during my shopping.
The deals are out there if you find the right motivated dealer. Just takes work.
To the OP - that is a very fair lease deal and I would move on it fast. PFS leases are closed ended and no concerns about anything except excess wear and tear.
12-03-2014 | 01:18 AM
#35
Rennlist Member
Joined: Dec 2011
Posts: 616
Likes: 183
From: Miami Beach, FL
For what it's worth, I just negotiated a deal on a new 2014 911 C2S.
The car was very heavily optioned for a C2S. PDK, Sport Chrono, Glass Sunroof, PASM, Sport Exhaust, Sport Design fascia, etc.
MSRP on the car was $128,315. I negotiated $20k off MSRP, to $108,315. Roughly 16% discount. No other dealer I worked with would even get close to this deal.
I wound up leasing the car on a 24 month term, 71% residual, with money factor of 0.00168. Money factors are lower on remaining 2014's. I had one dealer quote 0.00153 as the buy rate. But because of the steep discount, the dealer I went with would not go there. When pushed, the response from the sales manager was a polite 'better take this deal before I change my mind'.
The MRM (Maximum Residualized MSRP) for a 911 C2S is $123,880, so that impacted my net residual, but the deal going into the lease was simply WAY too good to pass up.
It is true that 911 inventory is being restricted for some reason. I had several dealers reference this during my shopping.
The deals are out there if you find the right motivated dealer. Just takes work.
To the OP - that is a very fair lease deal and I would move on it fast. PFS leases are closed ended and no concerns about anything except excess wear and tear.
The car was very heavily optioned for a C2S. PDK, Sport Chrono, Glass Sunroof, PASM, Sport Exhaust, Sport Design fascia, etc.
MSRP on the car was $128,315. I negotiated $20k off MSRP, to $108,315. Roughly 16% discount. No other dealer I worked with would even get close to this deal.
I wound up leasing the car on a 24 month term, 71% residual, with money factor of 0.00168. Money factors are lower on remaining 2014's. I had one dealer quote 0.00153 as the buy rate. But because of the steep discount, the dealer I went with would not go there. When pushed, the response from the sales manager was a polite 'better take this deal before I change my mind'.
The MRM (Maximum Residualized MSRP) for a 911 C2S is $123,880, so that impacted my net residual, but the deal going into the lease was simply WAY too good to pass up.
It is true that 911 inventory is being restricted for some reason. I had several dealers reference this during my shopping.
The deals are out there if you find the right motivated dealer. Just takes work.
To the OP - that is a very fair lease deal and I would move on it fast. PFS leases are closed ended and no concerns about anything except excess wear and tear.
12-03-2014 | 06:05 PM
#36
Instructor
Joined: Nov 2014
Posts: 196
Likes: 0
This is very close to what I negotiated on my C4S. Also pretty nicely loaded with PDK, Sport Chrono, glass sunroof, PSE, full leather interior, SportTechno wheel. MSRP $135,865, 15% off at $115,485 with additional $1000 off first month payment so nearly 16%. Front bumper lower lip and LED side markers as throw in. 30 month lease with 7.5k miles, 0.0125 money factor, 64% residual, MRM $130,610.
Yes, when I was shopping I looked at a couple of C4S's. The money factor was lower (0.00125 as you reference) but the residuals were also about 2% lower on any given lease for some reason - 69% versus 71% in my case. But the dealers were not going that low in terms of discount on the few C4S's that I found. 10% max.
12-08-2014 | 05:06 PM
#43
Instructor
Joined: Nov 2014
Posts: 196
Likes: 0
Draws a lot more attention than my prior 981 Cayman S which was GT Silver.
12-08-2014 | 05:18 PM
#44
Rennlist Member
Joined: Oct 2002
Posts: 25,836
Likes: 3,643
From: S.F Bay Area
12-08-2014 | 07:56 PM
#45
Rennlist Member
Joined: Oct 2002
Posts: 25,836
Likes: 3,643
From: S.F Bay Area