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Porsche Cayenne Lease Questions

482 messages,  Last post on May 15, 2013 at 4:08 PM

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What is this discussion about? Porsche Cayenne, Car Leasing, SUV

Messages Page 16 of 49

#146 of 482 Re: 2008 Cayenne S Lease [enthusiast7] by Car_man HOST

Apr 23, 2007 (4:22 am)

Replying to: enthusiast7 (Mar 21, 2007 8:19 am)
Hi enthusiast7. As usual, Porsche is not providing any lease support on the Cayenne. Porsche Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Cayenne S with 12,000 miles per year are .00310 and 58%, respectively. The numbers for an otherwise identical 39 month lease are .00310 and 56%. If you were to lease with only 10,000 miles per year these residual values would be 1% higher. At lease signing you will have to pay your truck's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $50 increment, Porsche Credit's $745 acquisition fee, and any required state taxes or fees.
 
Car_man
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#147 of 482 Re: '06 leftover Cayenne S pricing [5speed5] by Car_man HOST

Apr 24, 2007 (2:22 am)

Replying to: 5speed5 (Mar 23, 2007 3:34 pm)
Hi 5speed5. Earlier this year, Porsche provided its dealers with $4,000 dealer cash for every leftover 2006 Cayenne S that they had in inventory. That's why you are able to get this truck for $4,000 under invoice. If the dealer that you are working with is getting desperate to unload its remaining 2006 model or models you may be able to shave a little more off of this price, but it's not terrible. Work on them and see how much lower they will go, you don't have anything to lose other than the risk that they will sell the truck that you want to someone else.
 
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#148 of 482 May lease Rates by donkey1217

May 01, 2007 (12:44 pm)

Does any one have the new MF and Residuals for May. Did the rates get any better because last month the MF wasn't great. Thanks

#149 of 482 PORSCHE OPTIONS LEASE- its very important, can some1 please respond to me by whatsthecatch

May 08, 2007 (5:58 pm)

can some1 plese explain how the porsche options lease program works and if there is a catch to it. i need 2 kno this information very badly. if u dont know anything about it do ukno if there is anywhere i can look for it?

#150 of 482 Re: PORSCHE OPTIONS LEASE- its very important, can some1 please respond to by dc661

May 09, 2007 (4:32 pm)

Replying to: whatsthecatch (May 08, 2007 5:58 pm)
its explained on the porsche website. It appears to be similar to a standard lease with a few extra end of lease options. here's the link
Porsche

#151 of 482 porsche money factor and residual for may 2007 by sprng73

May 15, 2007 (12:56 pm)

Hello,
 
Does anyone know the current money factor and residual for a 2008 cayenne S 48 month lease (tier 1 credit)?
 
Thanks in advance..

#152 of 482 Re: May lease Rates [donkey1217] by Car_man HOST

May 18, 2007 (3:24 am)

Replying to: donkey1217 (May 01, 2007 12:44 pm)
Hi donkey1217. The 36 month buy rate lease money factor for a lease of any 2008 Cayenne through Porsche Credit is currently .00310 for consumers who qualify for its top credit tier. This truck's residual values vary by term, mileage allowance, and trim level. For now I will assume that you are interested in a 36 month lease of a 2008 Porsche Cayenne S with 15,000 miles per year. Let me know if you want something different. Porsche Credit's current 36 month, 15,000 mile per year residual for the 2007 Cayenne S is 56%. Its 12,000 mile per year residual value is 2% higher than this and its 10,000 mile per resid is 3% higher.
 
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#153 of 482 Re: PORSCHE OPTIONS LEASE- its very important, can some1 please respond to by Car_man HOST

May 18, 2007 (3:30 am)

Replying to: whatsthecatch (May 08, 2007 5:58 pm)
Hi whatsthecatch. I believe that "Porsche Options" is the name for Porsche Credit's balloon note program. Balloon notes are very similar to lease in that they provide consumers with low monthly payments and the option to purchase their vehicle at the end of a certain period of time for a specific price. The main difference between balloon notes and leases is that with balloon notes the consumer's name is on the vehicle's title, while with leases the bank's name is. Balloon notes are much less popular than traditional leases. The really only seem to be used in areas like Texas and Chicago that have strange sales tax rules that make them more attractive than leases. If you are not in an area where there is a tax advantage to going with a balloon note, you are probably better off just going with a normal lease.
 
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#154 of 482 Re: porsche money factor and residual for may 2007 [sprng73] by Car_man HOST

May 18, 2007 (3:42 am)

Replying to: sprng73 (May 15, 2007 12:56 pm)
Here is the information that you're looking for, sprng73. Porsche Credit's current buy rate lease money factor and residual value for a 48 month lease of a 2008 Porsche Cayenne S with 15,000 miles per year are .00320 and interestingly 48%, respectively for consumers who qualify for its top credit tier. If you lease with only 12,000 miles per year, this truck's residual would be 2% higher. If you lease with 10,000 miles per year, it would be 3% higher.
 
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#155 of 482 Re: porsche money factor and residual for may 2007 [Car_man] by sprng73

May 18, 2007 (4:21 pm)

Replying to: Car_man (May 18, 2007 3:42 am)
Thank you carman,
 
I hope you can help me a little further with the lease calculation based on the information you gave me. (2008 cayenne s)
 
msrp: 64000
negotiated price: 4000
down payment : 3000
net cap cost : 57000 ?
 
48 month, 12,000 mile
 
would $804 be my average monthly payment before sales tax considering 50% res, 12000 miles, .0032 MF, 48 months ?
 
Thanks in advance

Messages Page 16 of 49

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