491 messages,
Last post on Jun 18, 2013 at 4:22 PM
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Prices Paid - Buying & Leasing Experiences Forum.
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Porsche Cayenne, Car Leasing, SUV
#170 of 491 Re: 2008 Cayenne S programs [bway]
by Car_man HOST
Dec 04, 2007 (3:54 am)
Here's the information that you're looking for, bway. Poreche usually does not offer any sort of incentives, either cash incentives or lease specials, on its vehicles. That appears to be the case right now. Porsche Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Porsche Cayenne S with 15,000 miles per year are .00310 and 59%, respectively. The numbers for an otherwise identical 36 month lease are .00310 and 57%. This truck's 12,000 miles per year are 2% higher and its 10,000 miles per year residual values are 3% higher.
Car_man
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#171 of 491 Re: Porsche Cayenne: Lease Questions [desibaba00]
by Car_man HOST
Dec 04, 2007 (4:04 am)
Welcome desibaba00. As usual, Porsche is not currently providing any lease support on the Cayenne. As a result, if you were to lease one through Porsche Credit right now, you would have to use its standard lease program. Through the end of the year, Porsche Credit's buy rate lease money factor and residual value for a 36 month lease of a base 2008 Porsche Cayenne with 15,000 miles per year are .00310 and 61%, respectively.
In order to use this lease program to estimate what your monthly payment would be, I need to know what this truck's selling price is. You may be able to get an idea of what you will have to pay for this truck right now by visiting the "Porsche Cayenne Prices Paid and Buying Experience" discussion to see how much other community members have paid for it lately. For now I will run a couple of different scenarios for you. According to my calculations, if you were to lease a base 2008 Porsche Cayenne that has an MSRP of $46,500 and a selling price of $45,500 through Porsche Credit for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $705. With a $2,000 discount, the payment for an otherwise identical lease would drop to around $675. With a $3,000 discount, it would drop to around $644. And with a $4,000 discount it would fall to around $613.
I hope that this helps you out. Good luck and let me know if you have any other questions.
Car_man
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#172 of 491 need help...... must decide
by boondon
Dec 07, 2007 (11:45 am)
A dealer just gave me the folowing offer....... 2008 cayenne lease 12,000 mile 36
month. Monthly payment with tax 690. Due at signing 4,700. Options incl navigation and satelite radio. MSRP IS 55,000
#173 of 491 lease or buy for business
by edporsche1
Dec 08, 2007 (4:57 am)
I keep my car for at least 7 years and for 80% business use would you advise to lease and buy back at the end of the list or just buy it?
Tampa, FL
#174 of 491 Re: Porsche Cayenne: Lease Questions [Car_man]
by miamippp
Dec 10, 2007 (4:22 pm)
What do you think of a lease deal on a cayenne with msrp 58,7
for 1100 out of pocket 899 including tax.
I am just not sure why the msrp is so high, its not an S but is pretty loaded yet no sat radio
Dec 13, 2007 (7:26 pm)
Hi
I am looking to lease a 08 cayenne v6 for about 24-36 months with about 12k miles per year.
can you let me know residual values and money factors for above terms?
1. 24 months - residual value and money factor (for both 12k and 15k per year)
2. 36 months -residual value and money factor (for both 12k and 15k per year)
thanks
#176 of 491 Jan Lease Factors
by mdenneny
Jan 24, 2008 (9:18 pm)
Dear Porsche Experts:
I am considering purchasing a Cayenne Turbo for 118,000 24mos 12k/mi year
Residual is 57% and MF .00370. This MF seems rather high compared to the other MF's you have mentioned above, has Porsche changed their numbers since Decembe or is this accurate??
I look forward to your help and support.......
#177 of 491 Re: lease question [sphereman111]
by Car_man HOST
Feb 04, 2008 (3:12 am)
Here's the information that you're looking for, sphereman111. Porsche Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Cayenne V6 with 12,000 miles per year are .00290 and 61%, respectively. The numbers for an otherwise identical 36 month lease are .00290 and 60%. If you were to lease this truck with only 12,000 miles per year, its residual values would be 2% higher.
Car_man
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#178 of 491 Re: Jan Lease Factors [mdenneny]
by Car_man HOST
Feb 04, 2008 (3:14 am)
Greetings mdenneny. The money factor that you were quoted is higher than Porsche Credit's buy rate. This probably means that the dealer you are working with is trying to mark up your truck's money factor to add additional hidden, back-end profit to your deal. See if you can get them to use the .00290 buy rate to calculate your lease payment.
Car_man
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#179 of 491 How to factor in acquisition costs
by cal4492
Feb 15, 2008 (6:52 pm)
Car_man,
First this is a really helpful web site!
Second I am looking to lease a Cayanne and these are the numbers I have been quoted in NY/NJ area:
MSRP $54,715
CapCost $52,000
Residual 67%
LeaseTerm 36 mos
Factor 0.00325
Mothly Payment $781
I put this through the caculation and came up with a monthly pymnt of $714!
They did say there were closing costs of approx $2200. Is this a good deal?
Seems like they are adding the closing costs to the CapCost and then calculating the lease pymnt. Is this the way to incorporate the closing costs into the calc?
Please help...
Rgds,
Cal