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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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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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Replying to: Car_man (Oct 12, 2005 3:36 am) Thank you very much |
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 Thanks valerie3. I am glad that I was able to help you out. Good luck and let us know what happens. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Oct 23, 2005 4:33 am) When do you expect the Cayenne 2007 to be ordered from dealers? Any idea on the pricing for the big engine? I've heard the new S is for 'souped up'...lol..500hp? Also, i'm considering a 24 month 25000/year lease with TechArt modification. For a $100,000 vehicle, what would your current leasing offers be for $5000 down? And how does after market modification affect the leasing rate? Thanks! Mr_nomad2007
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Car_man, Could I please have the current money factor and residuals for a 2006 Cayenne S on a 36 month lease with either 12k or 15k a year. Also, what other costs are charged by Porsche? I live in Wisconsin if that matters. Thanks, Wesam
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Replying to: mr_nomad2007 (Nov 18, 2005 5:23 am) You never mentioned the selling price or MSRP of the Cayenne that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the truck that you are interested in for you if you let me know what these numbers are. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: wesam (Dec 01, 2005 9:51 pm) Car_man Host Smart Shopper / Prices Paid Forums
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Car_man, I want to either purchase or lease a 2006 Cayenne, 6 speed manual that with add-on's has a MSRP of $50, 235. The dealer told me they would honor a %7.0 discount off the MSRP on a sale. Do you think I can get a better price than this? Also what would be a good monthly lease fee/deal with this car? Thanks!
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Replying to: statman1 (Jan 06, 2006 6:52 pm) Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Jan 15, 2006 8:54 am) Thanks for all of the very valuable information you listed in regards to my question/lease. It's wonderful to be able to walk into a dealer armed with knowledge like this!!! Your figures are better than my last attempt with the salesperson, so I believe I will be able to get them to come down a little bit more before signing the lease! Thanks again!
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