I’m new here. I’m wondering if this is a good deal on a Porsche Cayman I am interested in. I appreciate your help. I was told $950 / month would be a good deal, by a lease broker.
2019 718 Cayman
$970 per month
MSRP 72,870
Cap Cost 67,700
39 months
10K miles per year
Money Factor of .00210
56% residual
Down:
First month’s payment
DMV
Bank Fees 1095
License Plate Transfer 200
If you want a Porsche your going to pay for the name. Personally there so much more out there for the money. If your heart is set on it then discount as other post mentions minimum 9-10% off.
I would respectfully suggest that you get much more than a name with Porsche. That said, new Porsche vehicles are not a good bargain for leasing. Too much depreciation too quickly. But if you buy one and keep it, the value will hold up against anything in the long run.
@Bostoncarconcierge
I’m waiting for you to hook me up again in November if I don’t make a bad decision soon. I have a couple of good deals I should turn away but just can’t haha
Taken out of context the payment is terrible for base model Porsche. I will argue on your behalf the PDK clutch and Porsche suspension is included so that’s a plus. However for the payment range and low HP I would argue there’s a lot more out I would chose first. In fact a base model Porsche is never on my radar.
It is when there are 700-800 dollar M4 comps to be had. Cheaper and comparable to the GTS version of this car. Which brings me back to your paying for the name if you go with this car.
Raw performance aside though, there is something special about a Porsche. It is special enough that it quite a number of people are willing to pay a premium for it.