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Porsche Cayenne Lease Questions

244 messages,  Last post on Nov 27, 2009 at 1:50 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#183 of 244
Re: How to factor in acquisition costs [cal4492] by Car_man HOST
Mar 13, 2008 (2:20 am)
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Replying to: cal4492 (Feb 15, 2008 5:52 pm)

Thanks Cal. I'm glad that you find Edmunds.com so helpful. I come up with a pre-tax payment of $714 as well using the inputs that you mentioned in your post. Perhaps the payment that the dealer quoted you includes sales tax or some other charges. This lease program is much different that Porsche Credit's program, but it seems to result in a lower monthly payment than Porsche's. I guess some independent bank is stepping up to the plate and offering a better program than Porsche Credit on the Cayenne right now. I am not personally all that familiar with what the market is like for this truck in your area right now, but I do know that there is a decent level of competition there. It wouldn't hurt to comparison shop with a few dealers before pulling the trigger.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#184 of 244
Re: holly'sdad [hollydog] by Car_man HOST
Mar 13, 2008 (2:29 am)
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Replying to: hollydog (Feb 27, 2008 12:26 pm)

Hi hollydog. 63 months is an awful long time to lease a vehicle. A lot can happen over the course of five years to make you want or need to get a new vehicle, your commute could change causing you to go waaaay over your mileage allowance, the price of gas could spike to $5.00 per gallon in the U.S. making you want to get something more fuel efficient, you could just plain get sick of your vehicle, etc... I always advise consumers not to lease for longer than 36 to 39 months, 48 months at the absolute longest.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#185 of 244
Holly's dad (Hollydog) by hollydog
Mar 13, 2008 (6:49 am)
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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.
#186 of 244
GTS info needed by eallen99
Mar 13, 2008 (5:49 pm)
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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.
#187 of 244
Porsche Cayenne Lease by nj_bmw_byer
Apr 01, 2008 (5:43 am)
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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?
#188 of 244
I would like to lease a Cayenne. Tips/Advice? by chris7469
Apr 13, 2008 (3:28 pm)
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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
#189 of 244
Re: I would like to lease a Cayenne. Tips/Advice? [chris7469] by nj_bmw_byer
Apr 16, 2008 (4:26 pm)
Reply

Replying to: chris7469 (Apr 13, 2008 3:28 pm)

Chris we are almost buying the same car. Read My post and let me know if it helped. There doesn't seem to be a lot of sysop activity here, so maybe we could help each other. I am in NJ as well so our prices should be very similar. Maybe we could get a better deal if we both bought cars in the same dealership or dealer. Also let me know what your figures are. I am still in negotiation so maybe we could work off of each other efforts.
 
NJ Car Buyer
TJ
#190 of 244
Hi by bmlexus
Apr 16, 2008 (9:21 pm)
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Has any1 bought a new cayenne gts? i was wondering if the gts is any better than the turbo or the cayenne S is the best choice?
 
Just like to know isn't any of the cayenne buyers interested to get the new x6 which IMO is the cayennes newest competitor
#191 of 244
Re: I would like to lease a Cayenne. Tips/Advice? [nj_bmw_byer] by raymondw7
Apr 21, 2008 (5:14 pm)
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Replying to: nj_bmw_byer (Apr 16, 2008 4:26 pm)

Ok, so i'm in the market for a luxory suv and haven't picked one yet (contemplating mdx, q7, and the Cayenne) I know i'm all over the place...
 
Also in central NJ (closest to Princeton dealer) and interested in rougly the same specs, can you advise what deal you are seeing, i'd like to see how this compares to my other options...
 
we can always walk in same dealership 3 of the same deal should be a power buy
#192 of 244
Re: I would like to lease a Cayenne. Tips/Advice? [raymondw7] by nj_bmw_byer
Apr 23, 2008 (4:31 am)
Reply

Replying to: raymondw7 (Apr 21, 2008 5:14 pm)

Seems like many of us are in the same boat as far as luxury SUV's are concerned. I was interested in the Q7, X5 and The Porsche. I decided to go with the X5, but I will tell you my experiences with the Porsche Vehicle:
 
My problem with the Porsche was it just had too many options that you had to pay for and the Porsche that was offer to me seemed like a waterdown version for people who just wanted to drive a car with Porsche written on it. My first negociation was for
 
$799.00 not including taxes for the Cayenne Configuration I listed here. The last offer I got was $706.00 including taxes for the same car - with the same configuration.

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