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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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#203 of 244
Actually canceled my Cayenne Lease Deal by chris7469
May 21, 2008 (6:35 am)
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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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Prices Paid: Buying & Leasing Experiences Forum
#206 of 244
July rates for Cayenne by gforce11
Jul 11, 2008 (7:49 am)
Reply
July rates for Cayenne
Lease Formula/Calculator
#208 of 244
Deals and rates for 2008 cayenne? by sidt
Aug 22, 2008 (2:03 pm)
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Hi, anyone know the august lease factor and residuals for 2008 cayenne? also, anyone have any experience picking up a decent discount on 2008s now that 09s are around? I am looking at the base cayenne so any color around that would be very helpful. Thanks.
#209 of 244
Re: Deals and rates for 2008 cayenne? [sidt] by n1g1fl
Aug 24, 2008 (1:10 am)
Reply

Replying to: sidt (Aug 22, 2008 2:03 pm)

About to pull trigger on 08 v6 cayenne
 
Dealer says 61%resid for 36m/10k and 6.5% (mf=0.00275)
 
I have one question: Window sticker msrp says 59,835 (selling price 53500 ; 1500 over invoice)-
 
but dealer using lower figure (56,000) for the MSRP on the lease calculator, which increases monthly pymnts- he says porsche does this and does not sepreciate the options - is this right?
#210 of 244
Re: Deals and rates for 2008 cayenne? [n1g1fl] by sidt
Aug 24, 2008 (3:45 pm)
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Replying to: n1g1fl (Aug 24, 2008 1:10 am)

I remember running across this issue of using an MSRP cap - basically the dealer told me PF sets the cap(I can't remember the exact number it was either 56k or 58k). Also on the MF of 6.5%, is that the PFinan rate or is that marked up since it's higher than the july numbers - guess that's what I was trying to find out on my original post. Good luck.
#211 of 244
Re: Deals and rates for 2008 cayenne? [sidt] by n1g1fl
Aug 24, 2008 (4:13 pm)
Reply

Replying to: sidt (Aug 24, 2008 3:45 pm)

Dealer says Pfin caps MSRP at 56.7k, and that the best interest is 6.5% thru Pfin
Cant find any better anyway and 08 cayennes are getting scarce in south FL, so I think I'll have to close the deal
#212 of 244
lease deal by n1g1fl
Aug 24, 2008 (4:30 pm)
Reply
Does this sound reasonable?
 
36m/10k on a 08 V6 cayenne MSRP59k, sale price 54k
 
850/m incld taxes
 
Would greatly appreciate any input - I did lots of reading and thought I could figure out a good deal - but the dealer did his vodoo and got me confused.

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