- #153 of 244
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Re: PORSCHE OPTIONS LEASE- its very important, can some1 please respond to
by Car_man HOST
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May 18, 2007 (2:30 am)
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Replying to: whatsthecatch (May 08, 2007 4:58 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.
Car_man
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- #154 of 244
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Re: porsche money factor and residual for may 2007 [sprng73]
by Car_man HOST
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May 18, 2007 (2:42 am)
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Replying to: sprng73 (May 15, 2007 11:56 am)
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.
Car_man
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- #155 of 244
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Re: porsche money factor and residual for may 2007 [Car_man]
by sprng73
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May 18, 2007 (3:21 pm)
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Replying to: Car_man (May 18, 2007 2:42 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 
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- #156 of 244
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leasing 06 S
by einbayer
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Jun 05, 2007 (10:39 am)
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i am looking at a 2006 S, msrp 66640 they're asking 57640.
what is the MF for this car, 12000, 36 months?
also, does porsche do multiple sec deposits to lower the MF?
i am in california.
thanks for your help.
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- #157 of 244
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Re: porsche money factor and residual for may 2007 [sprng73]
by Car_man HOST
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Jun 28, 2007 (2:34 am)
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Replying to: sprng73 (May 18, 2007 3:21 pm)
Hi sprng73. I see that you are considering making a $3,000 capitalized cost reduction on the Cayenne that you are interested in leasing. I always advise consumers against making large down payments on leased vehicles. Those who make them risk losing part or even all of them if their vehicle is totaled in an accident or stolen and never recovered. You would be better off going with a zero down lease. Let's work up sample lease payments on this truck both ways for you and see what we come up with. According to my calculations, if you were to lease a 2008 Porsche Cayenne S that has an MSRP of $64,000 and a selling price of $57,000 through Porsche Credit right now for 48 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $806. A $3,000 capitalized cost reduction would lower the payment for an otherwise identical lease to around $734.
Car_man
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- #158 of 244
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Re: leasing 06 S [einbayer]
by Car_man HOST
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Jun 28, 2007 (2:37 am)
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Replying to: einbayer (Jun 05, 2007 10:39 am)
Hi einbayer. Unfortunately, I do not believe that Porsche Credit is offering leases on 2006 models any longer. If this is indeed the case, you would have to go through an independent bank to lease an '06 Cayenne.
Car_man
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- #159 of 244
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Re: leasing 06 S [Car_man]
by vwguild1
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Jun 28, 2007 (11:18 am)
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Replying to: Car_man (Jun 28, 2007 2:37 am)
Car_Man...Your belief is correct...Not PFS or US Bank...
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- #160 of 244
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Re: leasing 06 S [vwguild1]
by Car_man HOST
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Jul 02, 2007 (1:12 am)
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Replying to: vwguild1 (Jun 28, 2007 11:18 am)
Thanks for the confirmation, vwguild1.
Car_man
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- #161 of 244
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2007 Cayenne S Lease Offer
by jfertl
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Jul 19, 2007 (1:10 pm)
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Please comment on this offer: 2007 Cayenne S MSRP $68,455, cap cost $62,204(includes acquisition fee), no money down, 36 months,15,000 miles and driveoff of first payment and registration. Monthly payment $971 plus tax. Thanks.
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- #162 of 244
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Re: 2007 Cayenne S Lease Offer [jfertl]
by davidc1
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Jul 20, 2007 (11:38 am)
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Replying to: jfertl (Jul 19, 2007 1:10 pm)
Do you mean 2006 or 2008? If it's for 2008, that sounds good.
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