$650/Mon

GreenThree · 08-28-2008, 02:46 PM

08 Porsche Cayman. $4,720 down. $650/mon. 36 month lease. Would you swing it?

!Xoible · 08-28-2008, 02:47 PM

cayman S yes in a heart beat. cayman non-S nope

Crimson92 · 08-28-2008, 02:47 PM

cayman s or just cayman

just cayman no, cayman s...yes

GreenThree · 08-28-2008, 03:07 PM

Yea, I thought you guys would ask that! In the advertisment just said Caymen. No S.

Bimmer007 · 08-28-2008, 03:25 PM

no, it's going to be in the shop a lot

why not m3 or S5?

Crimson92 · 08-28-2008, 03:33 PM

Quote:

Originally Posted by Bimmer007

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

TMNT · 08-28-2008, 03:59 PM

Quote:

Originally Posted by GreenThree

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

MisterSkiMask · 08-28-2008, 04:13 PM

Quote:

Originally Posted by Bimmer007

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

epbrown · 08-28-2008, 04:34 PM

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.

sinnet112 · 08-29-2008, 01:08 AM

$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.

GreenThree · 08-29-2008, 08:40 AM

Quote:

Originally Posted by TMNT

Can you really get an 08 cayman for 650 a month? lol damn im driving the wrong car

Thats what they are advertising

matt_435xi · 08-29-2008, 09:51 AM

Quote:

Originally Posted by GreenThree

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.

chuck92103 · 08-29-2008, 10:04 AM

Quote:

Originally Posted by GreenThree

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.

lyndon_h · 08-29-2008, 11:28 AM

$4700 down! Thats $1050/month

UltimateBMW · 08-29-2008, 11:34 AM

Quote:

Originally Posted by matt_335Ci

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.

GreenThree · 08-29-2008, 11:40 AM

Quote:

Originally Posted by matt_335Ci

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

matt_435xi · 08-29-2008, 11:52 AM

Quote:

Originally Posted by lyndon_h

$4700 down! Thats $1050/month

not sure what kind of fuzzy math you are doing? can you explain?

chuck92103 · 08-29-2008, 11:54 AM

Quote:

Originally Posted by matt_335Ci

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.

rlb · 08-29-2008, 12:00 PM

$4700 down basically adds about $130/mo. to the mo. payment making the true cost about $780/mo.

chuck92103 · 08-29-2008, 01:08 PM

Quote:

Originally Posted by rlb

$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.

matt_435xi · 08-29-2008, 01:16 PM

Quote:

Originally Posted by chuck92103

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?????

Cookiemonster · 08-29-2008, 02:18 PM

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.

08-28-2008, 02:46 PM	#1
GreenThree Colonel 216 Rep 2,110 Posts Drives: 2011 e90 Join Date: Mar 2008 Location: Boston, MA iTrader: (0)	$650/Mon - Would you do it? 08 Porsche Cayman. $4,720 down. $650/mon. 36 month lease. Would you swing it? __________________ 2015 335xi \| Mineral Grey Metallic \| Black Dakota Leather \| NAV \| SportLine \| ZPP \| ZDA \| ZCW \| Munich Build Retired: 2008, 2011, 2013 328xi
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08-28-2008, 02:47 PM	#2
!Xoible Banned 875 Rep 46,010 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	cayman S yes in a heart beat. cayman non-S nope
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08-28-2008, 03:07 PM	#4
GreenThree Colonel 216 Rep 2,110 Posts Drives: 2011 e90 Join Date: Mar 2008 Location: Boston, MA iTrader: (0)	Yea, I thought you guys would ask that! In the advertisment just said Caymen. No S. __________________ 2015 335xi \| Mineral Grey Metallic \| Black Dakota Leather \| NAV \| SportLine \| ZPP \| ZDA \| ZCW \| Munich Build Retired: 2008, 2011, 2013 328xi
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08-28-2008, 03:25 PM	#5
Bimmer007 Lieutenant 41 Rep 537 Posts Drives: Cars Join Date: Sep 2007 Location: Long Island, NY iTrader: (0)	no, it's going to be in the shop a lot why not m3 or S5?
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08-28-2008, 04:34 PM	#9
epbrown Colonel 63 Rep 2,128 Posts Drives: BMW M Coupe, Porsche Boxster S Join Date: May 2007 Location: Chicago, IL iTrader: (0)	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, 01:08 AM	#10
sinnet112 Major 31 Rep 1,118 Posts Drives: 2009 E89 Z4 Join Date: Dec 2006 Location: NJ iTrader: (1) Garage List 2007 335i Coupe [0.00] 2007 328xi Sedan [0.00]	$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. __________________ Z4 sdrive30i \| Deep Sea Blue \| Ivory White Nappa Extended Leather \| ZSP
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08-29-2008, 11:28 AM	#14
lyndon_h Lieutenant Colonel 40 Rep 1,917 Posts Drives: e90 Join Date: Jan 2007 Location: Madagascar iTrader: (2)	$4700 down! Thats $1050/month
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08-29-2008, 12:00 PM	#19
rlb Private First Class 5 Rep 117 Posts Drives: 335i, 300ZX Join Date: Feb 2007 Location: Northern NJ iTrader: (0)	$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, 02:18 PM	#22
Cookiemonster Captain 17 Rep 791 Posts Drives: 2010 335XI e92 Join Date: Apr 2007 Location: Jupiter iTrader: (2)	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. __________________ 2007 335I sedan (retired) 2010 335xi coupe
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