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Prices Paid: Buying & Leasing Experiences Porsche Cayenne Lease Questions
244 messages, Last post on Nov 27, 2009 at 1:50 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi, car_man, I an trying to lease a Cayenne 36 mo/12,000mi. MSRP is 53,000. I don't know their money factor, or the residual in September. What is a fair lease price? Are the deals better on Cayenne S MSRP 67,000 ? Thanks. |
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Hi alex15. If you were to lease a 2005 Porsche Cayenne S through Porsche Credit right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00270 and 56%, respectively. I am not sure what the market is like for this truck right now, but you may be able to get a good idea of how much you should pay for one right now by visiting the following discussion: "Porsche Cayenne: Prices Paid & Buying Experiences". Once you know what you want to pay for this truck, stop back and provide me with an approximate selling price and its full MSRP (including the destination charge) and I can calculate a sample lease payment for you. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Sep 09, 2005 3:10 am) DL |
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Caraman, I have negotiated a Cayenne! 05/ V6 / Titanium Metalic/ Black inside MSRP $49.680 Price negotiated at $42.782 What will the lease numbers look like for a 30 or a 36 month lease with 12,000 miles/year. Thanks in advance. |
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Replying to: Car_man (Sep 09, 2005 3:10 am) Can you please provide me with the residual values for 24 months 10k,12k,15k miles p/y ? Also, what is the actual Bank Fee? Thanks |
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Ddl7265, the residual value for a 36 month lease of a 2005 Porsche Cayenne V6 through Porsche Credit is actually 2% lower than the residual value for the '05 Cayenne S. Car_man Host Smart Shopper / Prices Paid Forums |
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Hello icechunk. Let's work up a lease payment for you and see what we come up with. According to my calculations, if you were to lease a 2006 Porsche Cayenne V6 with an MSRP of $49,680 and a selling price of $42,782 through Porsche Credit right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $632. I have not seen the numbers for a 30 month lease of this truck through Porsche Credit. Car_man Host Smart Shopper / Prices Paid Forums |
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Hi sjl225. If you were to lease a 2006 Porsche Cayenne S through Porsche Credit right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be a whopping .00405 and 58%, respectively. Its 12,000 miles per year residual value would be 2% higher and its 10,000 miles per year residual value would be 3% higher. The last time that I saw it, Porsche Credit's lease acquisition fee was $745. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: Car_man (Aug 31, 2005 4:13 pm) The MSRP on the new '05 Cayenne is about 54.8. The selling price would be 48 not including tax, titles, etc... My monthly payment would be 661. If I can get the TTL included it would be 640 on a 5 year lease. The base price is about 44 (its full of gadets). Does that sound like a good deal? 5 years is seems like a long time. Should I wait until December to buy? I understand that's when you can get a really good deal. Or, does this sound pretty good. I could use a little imput. Thanks for any info you can provide |
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Greetings valerie3. Five years is way too long to lease a vehicle for. A lot can happen over the course of five years to make you want to get out of your lease early - and this is usually a very expensive thing to do. For instance, you could get fed up with spending big bucks to feed your Cayenne at the pump. Or your commute could change, causing you to put way more miles on your Cayenne than you had intended and to have to pay a large excess mileage penalty. Four years is the longest lease that I advise anyone to enter into and a 36 to 39 month lease is a much more reasonable term. Let's calculate a sample 36 month lease payment on the truck that you are considering and see what its payment is like. According to my calculations, if you were to lease a 2005 Porsche Cayenne S with an MSRP of $54,800 and a selling price of $48,000 through Porsche Credit right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $694. As far as waiting goes, if you wait until December you may have a hard time finding a 2005 Cayenne to lease. I have heard that there aren't that many 2005 models left on dealer lots. When negotiating your lease on this Cayenne, keep in mind that dealers will be anxious to unload their remaining 2005 models and that in August Porsche paid its dealers just over $3,000 per truck to convert most of their remaining Cayennes into demo vehicles. As a result, there is a good chance that you can get the Cayenne that you are considering for less than dealer invoice. Car_man Host Smart Shopper / Prices Paid Forums
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