I just checked a little-used email account and found a message from Autobytel dated 4/21/08 alerting me to financing incentives from Porsche on the Cayman models, namely, a 4.8% rate for up to 60 mos.

Can anyone confirm this? Edmunds does not identify any incentives at this time.

thanks
vic

Lease? Finance?

I just financed my last Saturday.
They gave me 5.3% for 60 mo.

I could have gotten 4.8 from my bank, but it was the only way I could get them to agree on my price

finance. there was nothing identified for leasing.

By the way, I should mention that when I first visited the dealer, they said their interest rate was in the 6.5% range.
When I was finalizing the deal, that's when they dropped it to 5.3%

I got 3% on the deal I recently did via Porsche.

can you give the specifics as to how you got your schweet deal?

I recently picked up an '06 Cayman-S, (~11k miles, P-warranty 100K/2012, $48k) from a chicago P-dealer. Had my credit union financing all lined up at 4.25%, but dealer offered 3.25% w/ 60 months.

Did the deal over the internet, drove down and picked up the car, also got a track day (Autobahn Country Club in Joliet) with P-instructors throw in the deal.

Everything went smoothly, no compliants.

This is probably because you did qualify for the 4.8% rate, but the dealer added .5% to your rate to pad their profits. This is why they would not give you a better deal if you went elsewere. They made up the bigger discount from the back end and from any incentives they would get.

Yes, this is correct.
I calculated and it was approx. $800 difference at the end of the term.
At that price, I still thought I got a good deal.

But bcstorm's 3.25% would have been sweet.

Would you mind sending me the dealers name by a PM.

Thanks,

Tom Cooper

Post count not high enough, dealer info:

Maciej Musial
Porsche Sales Consultant
Macimusi@aol.com e-mail
Napleton Porsche of Westmont