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Porsche Cayenne Lease Questions
207 messages, Last post on Jul 11, 2008 at 8:49 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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
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Replying to: cal4492 (Feb 15, 2008 6:52 pm) |
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Replying to: cal4492 (Feb 15, 2008 6:52 pm) I'm in the area also and would also like to know what dealer you are using. Are you sure of the residual you were quoted at of 67%? Thanks! |
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dealer in mid-west proposed the following: V6 tiptronic with nav, bi-xenon lights, etc with msrp of $56,650 plus destination charge of $895. Selling price of $52,900. $3,650 down includes 1st month payment and all fees and cap cost reduction. 15,000 miles per year. residual of 38%. 63 month lease at $618 plus tax per month ($659). I wanted payment around $650 per month. Top tier credit rating. Does this seem like a good deal? Thanks for your insight.
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Replying to: cal4492 (Feb 15, 2008 6:52 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: hollydog (Feb 27, 2008 1:26 pm) Another thing that I don't like about this lease is that you are making a capitalized cost reduction. I always advise community members not to make down payments on leased vehicles. Those who make them risk losing part or all of them if their car or truck is totaled in an accident or stolen and never recovered. You would be better off going with a zero down lease, even though it means that your monthly payment will be slightly higher. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Car_Man Thanks for the advise. My lease had to be 4 or 5 years (the 63 months was Ok) as it is a work provided vehicle and my arrangement at work calls for that structure. I also got an extended warranty (not part of the lease) provided by my employer. I was required to keep the total monthly payments very close to $650 and was told by several Porsche dealers that I could not get this vehicle unless the lease was 60 - 63 months. I was entitled to a downpayment of $3,000 plus the first payment. Given all of this, did I get a good deal from the Porsche dealer on price and monthly payments. Thanks very much. |
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Anyone know/have lease rates for the GTS? Looking for 3yr/12K. Also it looks like a lot of dealers in socal have 10+ in stock. Does anyone know if they're trying to replace to S or if they're just not moving? Any thoughts on how much movement off MSRP? From what I can tell it's basically an S with sport exhaust and 21's. So of course, I wonder if I should add aftermarket rims/exhaust to an S and get a better deal... Love the ride but finding it hard to pull the trigger given what else you can get for $1200--$1400/mo. |
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Porsche Cayenne lease numbers MSRP $53.955.00 Edmunds Factory Inv. $47,000.00 CAP COST $ $51,500.00 Res. Val 62% Money Factor .0027 36mo/10K per year inceptions: $4000.00 (includes taxes) monthy $730.00 Can anyone help? Does this seem like a fair deal. In the NY/NJ area? |
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I would like to lease a base Cayenne with the preferred package, Bose ss, Tiptronic AT and Cayenne S 18 inch wheels. I spec the MSRP to be 53,300. I have top tier credit and live in central NJ, so I can goto Princeton and Fleminginton. I can also travel north for a deal. I would like 12,000 or 15,000 miles each year, for 36 or 39 months. I want to put nothing down but the required payments. Can someone please provide the most current money factors and residuals? What should I be able to get the MSRP down to? Additionally, what monthly payment is a really go deal on each term? Thank you in advance for all of your help. CM
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