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Porsche Cayenne Lease Questions

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

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


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#196 of 244
Leased 08 Cayenne "S" May 13th. by ratings
May 15, 2008 (7:45 pm)
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A BIG Thank You to Edmunds and all of you! I'm female and blonde and wasn't about to go to the dealer unarmed so I found this site and thanks to all of you who shared, I think I got a rocking deal on a New Cayenne S, two days ago. I took the information that I read here, found the car by searching the entire State of California, found the few that I wanted and basically told them what I would pay on a New Cayenne S, 3 year lease, 12k miles per year. A few dealers later, a few hours invested and I got exactly what I wanted!!!!!
I will share what I negotiated.
MSRP $69,395.00
$63,312.00 Final Price (9% off MSRP)!!!!.
Monthly Payment, Including TAX and LoJack, $899.00
I did trade in my O4 Porsche Cayenne which represented a $4,785.reduction so you need to take that in to account. Zero cash out of pocket.
Residual Value appears to be 61%.
I was told that the Lease Factor that I got was .025 although I can't verify that on my paperwork.
I hope this helps others!
Thanks again! Oh and by the way, I'm in Southern California.
Ratings!
#197 of 244
Re: Leased 08 Cayenne "S" May 13th. [ratings] by bmlexus
May 16, 2008 (6:17 pm)
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Replying to: ratings (May 15, 2008 7:45 pm)

I think I got a rocking deal on a New Cayenne S,
 
Thats nice to hear congrats, Is it auto or manual?
 
did trade in my O4 Porsche Cayenne
 
Since you own the old cayenne and now the new 1 could you explain the differences that you can spot whats better in the new cayenne is it much better to drive then the old 1?
 
BTW did you consider or test driven the X5 or the new X6 if you have seen it yet?
#198 of 244
Re: Leased 08 Cayenne "S" May 13th. [bmlexus] by ratings
May 16, 2008 (8:08 pm)
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Replying to: bmlexus (May 16, 2008 6:17 pm)

My new Cayenne is an Automatic.
 
I owned an 04 Cayenne 6 cyl. for 4 years. I knew the minute that I got an S as a loaner that I wanted to upgrade as soon as possible because of the power difference. The baby Cayenne, as I call it, was wonderful but simply doesn't have the power. You can put the car into manual and/or use the tiptronic buttons on the steering wheel to give it more power, which I did often. But the S is 390 horse power compared to 260 for the baby (I think that's what I was told).
 
Did I consider the BMW X5? I owned the X5 for 3 years and loved it until I realized I could afford the sexy fabulous Cayenne. I still think that the X5 is a great car but I now own my dream car!
 
Hope that helps!
#199 of 244
Re: Leased 08 Cayenne "S" May 13th. [ratings] by bmlexus
May 17, 2008 (11:21 am)
Reply

Replying to: ratings (May 16, 2008 8:08 pm)

Did I consider the BMW X5? I owned the X5 for 3 years and loved it until I realized I could afford the sexy fabulous Cayenne. I still think that the X5 is a great car but I now own my dream car!
 
I am talking about the new x5 not the old 1.
 
Also about the x6 have you seen it yet?
 
Previously I myself liked the cayenne but since the new x5 came out and now the x6 it is not easy to choose 1
 
I forgot to ask your baby cayenne as you call it did it have any kind of trouble technical anything at all?
 
How long did your brake pads last? and what did you pay for it? did you replace another expensive parts?
 
Any trouble on your old x5?
 
Your dream car thats good to know.
 
thanks for the reply.
#200 of 244
Re: Leased 08 Cayenne "S" May 13th. [bmlexus] by ratings
May 17, 2008 (6:25 pm)
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Replying to: bmlexus (May 17, 2008 11:21 am)

No mechanical problems with my Cayenne for 4 years! I did however have to replace tires and brakes often. But, I was doing a lot of canyon driving which I'm sure had a lot to do with it. I think I replaced my tires and brakes twice.
 
I have not seen the X6 and haven't owned or considered an X5 since I bought my Porsche Cayenne in 04.
 
Best of luck.
#201 of 244
Re: Leased 08 Cayenne "S" May 13th. [ratings] by bmlexus
May 17, 2008 (9:21 pm)
Reply

Replying to: ratings (May 17, 2008 6:25 pm)

How much for the 4 tires that you replaced? and also price for the brake pads which I heard are expensive. I think the cayenne S brakes will be more expensive.
 
U like the cayenne GTS but I think I quite expensive compare to the S
 
I have not seen the X6
 
Do remember to post when you see the x6 in person and tell how you felt compare to the cayenne S.
 
I have 4 suvs to choose from x6 cayenne infiniti fx and the new RX the redesign is next year.
#202 of 244
Re: I would like to lease a Cayenne. Tips/Advice? [nj_bmw_byer] by raymondw7
May 18, 2008 (3:29 pm)
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Replying to: nj_bmw_byer (Apr 23, 2008 4:31 am)

$706 sounds like a deal, would appreciate the spec's you got and the dealer you worked with....raywassef.org
 
I am also in NJ...
#203 of 244
Actually canceled my Cayenne Lease Deal by chris7469
May 21, 2008 (6:35 am)
Reply

Replying to: nj_bmw_byer (Apr 16, 2008 4:26 pm)

Sorry it took so long to respond.
 
I shopped about 8 Porseche dealers in NJ, NY, PA and even DE.
 
I ended up with the following deal up in Bergen County which I thought was super.
 
It was a white with tan ( my wife had to have white ) Cayenne MSRP 57,800.
It had the 18 inch turbo wheels, Nav, and the Bose sound system plus a few other options. Everything we wanted.
 
Bottom line, it was a 36 month lease W/ 15,000 miles.
 
Total down upfront was $2,446.00 Monthly payement with NJ tax was $830.13.
 
For this particular truck with all the options it was the best deal I could find. I gave the dealer money and ordered the truck. The truck was being shipped.
 
My wife came to her senses a few days later and realized the truck was just too small for our lifestyle. Child, dogs, to and from beach house etc... Last truck was an Escalade.
 
The Porsche truck is very nice, but it did not come with very much (we wanted an entertainment center for the kids), the seats were uncomfortable and the cargo space was limited for our needs. We were basically paying up for the Porsche Badge. We had to find a bigger SUV. We ended up stealing an 08 Denali which we could not be happier with.
 
I hope you got a good deal. Take care. CM
 
Lastly... AVOID AT ALL COSTS PRINCETON PORSCHE. They were the rudest, cockiest car dealers we had ever met. They also had the worst deal.
#204 of 244
Cayenne 08 lease deal by coryhoehn10
Jun 11, 2008 (12:44 pm)
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Do any of you guys know the residual and money factors right now for 08 Cayennes? I'm looking to lease an 08 Cayenne for 3 years, 36k miles.
 
Thanks!
#205 of 244
Re: Cayenne 08 lease deal [coryhoehn10] by Car_man HOST
Jun 13, 2008 (2:28 am)
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Replying to: coryhoehn10 (Jun 11, 2008 12:44 pm)

Hi coryhoehn10. Here's the info that you're looking for. Porsche Credit's current buy rate lease money factor and residual value for a 36 month lease of a base 2008 Porsche Cayenne with 12,000 miles per year are .00250 and 60%, respectively for consumers who qualify for its top credit tier.
 
Car_man
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