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      08-28-2008, 01:46 PM   #1
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$650/Mon - Would you do it?

08 Porsche Cayman. $4,720 down. $650/mon. 36 month lease. Would you swing it?
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      08-28-2008, 01:47 PM   #2
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cayman S yes in a heart beat. cayman non-S nope
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      08-28-2008, 01:47 PM   #3
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cayman s or just cayman

just cayman no, cayman s...yes
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      08-28-2008, 02:07 PM   #4
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Yea, I thought you guys would ask that! In the advertisment just said Caymen. No S.
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      08-28-2008, 02:25 PM   #5
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no, it's going to be in the shop a lot

why not m3 or S5?
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      08-28-2008, 02:33 PM   #6
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Quote:
Originally Posted by Bimmer007 View Post
no, it's going to be in the shop a lot

why not m3 or S5?
m3>caymans>s5

the only reason id say not to get the m3 is because the lease rates for the m3 are retarded high right now
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      08-28-2008, 02:59 PM   #7
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Quote:
Originally Posted by GreenThree View Post
08 Porsche Cayman. $4,720 down. $650/mon. 36 month lease. Would you swing it?
Can you really get an 08 cayman for 650 a month? lol damn im driving the wrong car
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      08-28-2008, 03:13 PM   #8
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Quote:
Originally Posted by Bimmer007 View Post
no, it's going to be in the shop a lot

why not m3 or S5?
The Porsche will be in the shop less then a 335
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      08-28-2008, 03:34 PM   #9
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Nah - I still prefer the M Coupe. I found the Cayman S underpowered when I tried it - no way I'd get the base Cayman.
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      08-29-2008, 12:08 AM   #10
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$4,720 down total including all fees, etc.? Because last time I went they were looking for 3K down and with all other fees they charge it was going to be 6K by the end of it all.
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      08-29-2008, 07:40 AM   #11
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Quote:
Originally Posted by TMNT View Post
Can you really get an 08 cayman for 650 a month? lol damn im driving the wrong car
Thats what they are advertising
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      08-29-2008, 08:51 AM   #12
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Quote:
Originally Posted by GreenThree View Post
Thats what they are advertising
no offense but lease advertisements are for suckers. they are designed just to draw you into the dealership so they can (pull your pants down and) sell you in person.
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      08-29-2008, 09:04 AM   #13
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Quote:
Originally Posted by GreenThree View Post
08 Porsche Cayman. $4,720 down. $650/mon. 36 month lease. Would you swing it?
How much is the miantenance cost over the 3 year term?

I suspect at least $2-3k. When leasing you need to factor the true cost over the lease.
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      08-29-2008, 10:28 AM   #14
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$4700 down! Thats $1050/month
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      08-29-2008, 10:34 AM   #15
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Quote:
Originally Posted by matt_335Ci View Post
no offense but lease advertisements are for suckers. they are designed just to draw you into the dealership so they can (pull your pants down and) sell you in person.
AKA, the Bait and Switch.

This ad is the bait.
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      08-29-2008, 10:40 AM   #16
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Quote:
Originally Posted by matt_335Ci View Post
no offense but lease advertisements are for suckers. they are designed just to draw you into the dealership so they can (pull your pants down and) sell you in person.
Good thing I am not looking to buy, just wanted to see what you guys thought.

I would say we are all suckers, becuase we see the prices we want, go into the dealerships, and then negotiate the price down to get what we want! So yea, I would say advertising works pretty well
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      08-29-2008, 10:52 AM   #17
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Quote:
Originally Posted by lyndon_h View Post
$4700 down! Thats $1050/month
not sure what kind of fuzzy math you are doing? can you explain?
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      08-29-2008, 10:54 AM   #18
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Quote:
Originally Posted by matt_335Ci View Post
not sure what kind of fuzzy math you are doing? can you explain?
The true cost of the lease is the monthly payment including taxes, plus any drive off fees, plus any cap cost reduction (down payment).

Assuming the $4700 down is only cap cost reduction and does not include all drive off fees, divide $4700 by 36 months to get the monthly breakdown of the down payment. roughly $130 per month.

So with the monthly payment of $650, and the $130, the lease is $780 per month. I think this is a good deal assuming $780 is in fact the total ammortized cost.
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      08-29-2008, 11:00 AM   #19
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$4700 down basically adds about $130/mo. to the mo. payment making the true cost about $780/mo.
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      08-29-2008, 12:08 PM   #20
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Quote:
Originally Posted by rlb View Post
$4700 down basically adds about $130/mo. to the mo. payment making the true cost about $780/mo.
you are correct. My funny math has been corrected. Too much coffee this am.
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      08-29-2008, 12:16 PM   #21
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Quote:
Originally Posted by chuck92103 View Post
The true cost of the lease is the monthly payment including taxes, plus any drive off fees, plus any cap cost reduction (down payment).

Assuming the $4700 down is only cap cost reduction and does not include all drive off fees, divide $4700 by 36 months to get the monthly breakdown of the down payment. roughly $130 per month.

So with the monthly payment of $650, and the $130, the lease is $780 per month. I think this is a good deal assuming $780 is in fact the total ammortized cost.
i was asking what is up with the FUZZY math from lyndon, he said $1050 per month?????
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      08-29-2008, 01:18 PM   #22
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In a NJ paper there is a cayman lease deal for 5000 due at signing and 500 a month plus 7%tax thats for 36 months and 10,000 mile a year. They have the same deal for the Boxster. I think its Ray Catena. See it every week in the paper.

Deal of the Month Lease Special
2008 Cayman or 2008 Boxster or 2008 Cayenne Tiptronic
$499 per month

36 month lease at $499 per month with $2,995 down plus taxes and fees.
10,000 miles per year.

MSRP is $54,035 / $52,125 / $51,620
stock # 08-3552 / 08-3643 / 08-3623.

Call for more information. 732-205-9000.
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