What kind of residual are you folks getting on a 2014 36 month lease on a base model? I am seeing quotes that are all over the map. Could really use some info here.

Also, when do you expect to see first model year 991 lease returns hitting the dealer lots? The first model year lease returns should be getting turned in just about now. Correct? Any ideas what kind of deal can one expect on say a base model with light options? Is getting something in low to mid $50K doable?

 

There isn't a used 991 2012.5+ for sale right now under 70K in the country. Any model/any mileage.

Anything in the 50K range you're looking at 997's

 

Original short term leases already coming in plus people taking advantage of the pull a heads. Low/Mid 50K not a chance for a while. when I say a while I mean more than 2 years or more. 997's are over 50K. Porsche's hold value pretty well after initial depreciation.

 

Thanks. This was really good info. What kind of residuals are we seeing on new base models on a 27 to 36 month leases?

 

First, the newer 991 leases are running 27 months. It is actually more efficient than the 36 month term. I think a fair rule of thumb is around 68%-69% residual from the MSRP. I am not sure what you mean by base with light options, but the residual will be around 57k on a base car no options with a MSRP of $84k.

 

In february 2013 I did a 24 month lease at a 77% residual which was 81k. To be fair the lease deal was strong and residuals were high. This August after 19 months and 15xxx miles I grounded the car and took advantage of a pull ahead program by PFS where I bought a 2014 TT and PFS paid the remaining 5 lease payments on my 2013. I had a Agate Gray 2013 C2 with PDK, Sports Chrono, sunroof and a few other options. Park Place listed the car for 80k CPO and sold it two days later for 78k. I do not see these 991's in the mid 50's for atleast 18-24 months like Michael stated.