482 messages,
Last post on May 15, 2013 at 4:08 PM
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Porsche Cayenne, Car Leasing, SUV
#154 of 482 Re: porsche money factor and residual for may 2007 [sprng73]
by Car_man HOST
May 18, 2007 (3:42 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 482 Re: porsche money factor and residual for may 2007 [Car_man]
by sprng73
May 18, 2007 (4:21 pm)
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
Jun 05, 2007 (11:39 am)
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.
#157 of 482 Re: porsche money factor and residual for may 2007 [sprng73]
by Car_man HOST
Jun 28, 2007 (3:34 am)
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 482 Re: leasing 06 S [einbayer]
by Car_man HOST
Jun 28, 2007 (3:37 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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Prices Paid Forum
#159 of 482 Re: leasing 06 S [Car_man]
by vwguild1
Jun 28, 2007 (12:18 pm)
Car_Man...Your belief is correct...Not PFS or US Bank...
#160 of 482 Re: leasing 06 S [vwguild1]
by Car_man HOST
Jul 02, 2007 (2:12 am)
Thanks for the confirmation, vwguild1.
Car_man
Host
Prices Paid Forum
#161 of 482 2007 Cayenne S Lease Offer
by jfertl
Jul 19, 2007 (2:10 pm)
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.
#162 of 482 Re: 2007 Cayenne S Lease Offer [jfertl]
by davidc1
Jul 20, 2007 (12:38 pm)
Do you mean 2006 or 2008? If it's for 2008, that sounds good.
#163 of 482 Re: 2007 Cayenne S Lease Offer [jfertl]
by tmhw1
Jul 20, 2007 (7:47 pm)
Don't know about lease, but for the price that is about right, my dealer said he can be me about 10% off MSRP for 2008