500 over invoice 06 cayman s
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From: Frederick, MD
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Originally Posted by Imolas54
simple, you'll lose over $15K the minute you drive that out of the door, unless of course you are getting a killer deal like you are here. 
I will guaranty you I would get at least $56K for it TODAY.
Originally Posted by amerlemans
Thank you. I realize you don't set the numbers. I'm just commenting on what Porsche puts in place on these vehicles. The residual isn't as low as I thought. Its still pretty low though.. given 10K miles/year. It should be at least 60% after 36 months with 10K miles/year.
My wife just leased a BMW X5 two weeks ago and the 36 month residual on that is 60% with 12K miles/year and the money factor was .0022 (5.25%) through BMW Fin'l Services. I would think that the CaymanS would hold its value better than an X5.... and then the money factor?????
I just ran some numbers. On a 72 month purchase you can drive away in this particular CaymanS for $989/month with NO money down at a 6% rate (they are out there all over the place for 72 months at 5.5%- 7%))....just pay the taxes. Your loan balance at the end of 36 months is $32.5K which is even lower than the lease residual of nearly $36K. The real kicker is you have NO MONEY OUT OF POCKET except the sales tax.
Once again thanks for the info. Those are great deals at $500 over invoice!! Wish they were available when I bought mine
.
My wife just leased a BMW X5 two weeks ago and the 36 month residual on that is 60% with 12K miles/year and the money factor was .0022 (5.25%) through BMW Fin'l Services. I would think that the CaymanS would hold its value better than an X5.... and then the money factor?????
I just ran some numbers. On a 72 month purchase you can drive away in this particular CaymanS for $989/month with NO money down at a 6% rate (they are out there all over the place for 72 months at 5.5%- 7%))....just pay the taxes. Your loan balance at the end of 36 months is $32.5K which is even lower than the lease residual of nearly $36K. The real kicker is you have NO MONEY OUT OF POCKET except the sales tax.
Once again thanks for the info. Those are great deals at $500 over invoice!! Wish they were available when I bought mine
.Paul
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Originally Posted by drpaulmarsh
Which bank? do you have contct info for me???
Paul
Paul
DrPaul - the X5 lease was directly through BMW Financial Services. The dealer was VOB BMW in Rockville, MD.
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Originally Posted by YellowTT
Friends of mine paid a 2003 Boxster S for $56K OTD and 11 month later traded in for $35K.
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Originally Posted by Maldicente
Which might prove nothing more than your friend is a poor negotiator.
This is Boxster trade in value is.
$35K is the highest dealer will paid.
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But on a low trade in value, the OTD price of the next car can be negotiated more. There might be more to the story.
Regardless, I too see lightly used Cayman S' are about $55K now.
The lease prices seem a bit steep.
I just picked up a brand new FX35 - MSRP of $49,610. I paid $4000 down (including fees, $2500 DP), and now $300/month. But it's only an 18 month lease.
Regardless, I too see lightly used Cayman S' are about $55K now.
The lease prices seem a bit steep.
I just picked up a brand new FX35 - MSRP of $49,610. I paid $4000 down (including fees, $2500 DP), and now $300/month. But it's only an 18 month lease.
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Originally Posted by WyattH
How is the residual on the Cayman S 36M lease $56k? Back on page 1.
Tarry with Leasecompare can help you post this in the leasing section.. theyre pretty accurate..
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