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Porsche Cayenne Prices Paid and Buying Experience

589 messages,  Last post on Nov 18, 2009 at 10:15 AM

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What is this discussion about? Porsche Cayenne, SUV

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#502 of 589 Re: Cayenne [opjp88] by rubin72 Mar 17, 2009 (11:50 am)
Replying to: opjp88 (Mar 17, 2009 8:12 am) No, I haven't leased a Cayenne yet. My Volvo XC90 (V-8) doesn't come off lease until August-2009. I'm just starting the search early for my wife's next SUV. I'm a little spoiled because my '08 XC90 MSRP'd for $52k and I was able to do a 2-year lease, 15k miles/year, with NOTHING down for only $599/month -including tax!   She loves her Volvo but she's really starting to love the looks of the Cayenne. I had her drive a V-6 last weekend and she thought the power was only adequate. However, she had great things to say about it's handling, brakes, and steering. The interior aint' too special though.   I'm working with Vision Porsche/Audi in Leesport, PA. Just to be clear, they have NOT offered me invoice . . .yet. I won't start the hard haggling until I'm closer to August.   Good Luck. Replies to this message: opjp88 (Mar 17, 2009 2:01 pm)
#503 of 589 Re: Cayenne [rubin72] by opjp88 Mar 17, 2009 (2:01 pm)
Replying to: rubin72 (Mar 17, 2009 11:50 am) Thanks for your input, as well my wife likes the Cayenne (ugg!! couldn't be a cheap car)wow what a great deal on the volvo you got! going pn Wed. to look since her current lease is up next month. I do see some lease offers out there on 06-08 models with low miles, will see what happens. Thanks again J
#504 of 589 Cayenne "S" deal by jubess Mar 17, 2009 (3:51 pm)
I started doing some preliminary looking at Cayenne "s" since my current lease on my BMW expires in August. I found that my local Porsche dealer in Virginia Beach has some very aggressive deals. Every Cayenne in stock is clearly marked at least 10% off of MSRP. The dealer also said that he has an additional $5K in "coupons" to play with from Porsche HQ. I was offered a $72k Cayenne "S" for $62K. A lease would look like this: 36 mos 0 down 1st month +acq fee+ttl 15k miles pymt approx 890 per month The dealer even offered to go half with me to pay off my lease!! Just an example as how motiviated some dealers are to move cars in this economy. Replies to this message: richz (Mar 17, 2009 4:35 pm) rubin72 (Mar 17, 2009 6:52 pm) richz (Mar 17, 2009 8:24 pm) jubess (Mar 18, 2009 2:07 pm)
#505 of 589 Re: Cayenne "S" deal [jubess] by richz Mar 17, 2009 (4:35 pm)
Replying to: jubess (Mar 17, 2009 3:51 pm) Did you actually figure out the monthly payment yourself or are you passing on what the dealer quoted you? I've been looking long and hard for the Cayenne lease money factor and residuals so that I can avoid the dealer marking up the money factor, etc., but unfortunately I can't find this information. Replies to this message: rubin72 (Mar 17, 2009 6:52 pm) richz (Mar 17, 2009 8:24 pm) jubess (Mar 18, 2009 2:07 pm)
#506 of 589 Re: Cayenne "S" deal [richz] by rubin72 Mar 17, 2009 (6:52 pm)
Replying to: richz (Mar 17, 2009 4:35 pm) Determing your lease payement is really simple if you go to: www.leaseguide.com and under "Quick Start Menu" click "Lease Calculator" and then click "Start".   All you need to know is:   MSRP Sale Price (the price you nego.) Money Factor (interest rate) Residual Value (set by auto maker) Length of lease Sales Tax   the website will then spit-out your monthly payment. You can also include things like down money, trades, ext. warranty, etc.   it's a pretty cool website that I've used to flush-out dealership bullshit!   -Rubin Replies to this message: richz (Mar 17, 2009 8:24 pm)
#507 of 589 Re: Cayenne "S" deal [rubin72] by richz Mar 17, 2009 (8:24 pm)
Replying to: rubin72 (Mar 17, 2009 6:52 pm) I very well know how to calculate lease payments but I can't find the money factor and residual offered by Porsche financial services for the Cayenne anywhere. The money factor and residuals offered by BMW and MB financial services are readily available on the web but I can't find anything for Porsche financial services.
#508 of 589 Re: Cayenne "S" deal [richz] by jubess Mar 18, 2009 (2:07 pm)
Replying to: richz (Mar 17, 2009 4:35 pm) The dealer told me the money factor and residual. But since I was not actually intent on buying right then, I don't remember the exact figures. The residual on the "S" was 51% for 36 months with 15k miles per year. I'm a little fuzzy on the money factor but the dealer said he was buying down the money factor with incentive money from Porsche.
#509 of 589 09 lease by opjp88 Mar 19, 2009 (3:42 am)
Recent lease offer on cayenne from a dealer....new 09', 10k miles per year, $0 down (just taxes and 1st month). Sticker was 52335 they were taking 3k off to 49335, $629 per month for 36 month. Any input from you guys? good deal or not? thanks for your help Replies to this message: jubess (Mar 19, 2009 1:59 pm)
#510 of 589 by bgsntth Mar 19, 2009 (7:31 am)
It was posted on Renn's list that Porsche was providing dealers with $6500 incentives on all '09's, save the new Cayman. As Porsche does not subsidize leases (as yet?), then this should be taken off the top. It might be worth offering something like $1K over invoice minus the marketing incentive, base money factor, and no junk fees?
#511 of 589 Re: 09 lease [opjp88] by jubess Mar 19, 2009 (1:59 pm)
Replying to: opjp88 (Mar 19, 2009 3:42 am) You should be able to get at least 10% off of sticker. Keep in mind that the Porsche Cayenne suv's are marked up at least 7k over invoice. Additionally, Porsche dealers have an additional incentive from HQ this month. So, I would say that 3k off of MSRP is not a good deal in today's car market....

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