all, I'm about to sign a lease, but noticed that on the "lease compare rates" they list a 56% residual for the Cayman S 08 but when you call them they say 48% which changes the pricing quite a bit? can someone explain why?

they mentioned that the rates must be outdated, but I'm quoting the site listed info for May?

please advise!

thanks

It really depends on the lease terms, as in number of years, mileage limitations etc. What are the numbers you're looking at? All will effect the math of how the residual value is calculated.

I have a 2year 10,000 mi/yr lease and the residual is at about 65%.

3 yr 36K o down residual from PFS = 59% from lease compare = 48%.....

mf from pfs= .00290

mf from leasecompare = 00197

__________________
Stamford, CT

2008 Cayman S
2005 S2000
2004 S4 avant
2001 S4 sedan
2002 Allroad (family truckster)

There are fast cars and there are fast drivers....Happniess isn't around the corner...IT IS the corner.....

Call them, ask for Tarry, ask Tarry to explain, he is the one who posts the rates here.

__________________

My Gallery | My Articles | My Blog |My Classifieds
K-Man S

will do.thanks for the reply. I spoke with Jennifer and she seemed to be the only one....

__________________
Stamford, CT

2008 Cayman S
2005 S2000
2004 S4 avant
2001 S4 sedan
2002 Allroad (family truckster)

There are fast cars and there are fast drivers....Happniess isn't around the corner...IT IS the corner.....

so I talked to Terry, he was VERY helpful, but they couldn't match the rates ;( so I'm working with the dealer.

interestingly enough, the dealer is asking HOW these rates are avaialble as they aren't public (according to him).

any thoughts?

hopefully we're almost done here...

__________________
Stamford, CT

2008 Cayman S
2005 S2000
2004 S4 avant
2001 S4 sedan
2002 Allroad (family truckster)

There are fast cars and there are fast drivers....Happniess isn't around the corner...IT IS the corner.....

Porsche does not directly post these numbers, Leasecompare gets the Porsche Financial numbers from their dealer network.

Just call your dealers with the terms you want and they can even fax you the lease rates to you, only do this if it is a trusted dealer, as many will fudge their numbers to scam you.

In my case, everytime I have asked the dealer for the Residual and MF figures, they always match up with the numbers from Terry.

Also, one reason for the lower residual from lease compare could be the upcoming 2009 MY cars, which will lower the residual of current 2008's. This only applies to bank rates, not Porsche Financial numbers.

The lease programs I post here are from PFS. The programs on LeaseCompare.com are from regional and national banks that offer leasing.

PFS programs are subsidized by the manufacturer, where LeaseCompare.com banks do not make money from selling the car, just the rate.

__________________
-Tarry Shebesta, OCLC
Certified Lease Consultant
LeaseCompare.com