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Porsche Cayenne Lease Questions

220 messages,  Last post on Sep 18, 2008 at 10:48 AM

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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#209 of 220
Re: Deals and rates for 2008 cayenne? [sidt] by n1g1fl
Aug 24, 2008 (1:10 am)
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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 220
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 220
Re: Deals and rates for 2008 cayenne? [sidt] by n1g1fl
Aug 24, 2008 (4:13 pm)
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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 220
lease deal by n1g1fl
Aug 24, 2008 (4:30 pm)
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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.
#213 of 220
Re: lease deal [n1g1fl] by 5terre
Aug 24, 2008 (10:25 pm)
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Replying to: n1g1fl (Aug 24, 2008 4:30 pm)

If you want Bluetooth or like listening to your iPod without the FM radio hissing sound, I would consider purchasing or leasing a 2009 Porsche Cayenne instead of the 2008 model. The PCM in the 2009 is supposed to have the iPod and bluetooth direct hookups (clean digital sound) while 2008 models can only have aftermarkets installed. 2008 Cayennes don't even have an option to have an OEM device and have to have the aftermarkets installed for $1200. I would only get a 2008 model if you can negotiate the aftermarket mObridge device installed for iPod and Bluetooth capability. I own a 2008 Cayenne GTS and I love the SUV but not the awful music coming from my iPod hooked up to an FM relay. I'm planning to get the aftermarket device installed soon...
#214 of 220
Re: lease deal [5terre] by n1g1fl
Aug 26, 2008 (5:32 pm)
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Replying to: 5terre (Aug 24, 2008 10:25 pm)

had aftermarket bluetooth module installed - completely integrates with PCM2 and works great
#215 of 220
Leasing Cayenne by newcarnow
Sep 04, 2008 (11:45 am)
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Can anybody help with money factor and residual for
'08 base
'08 S
'09 S
 
based on 36 months/15k
 
Trying to get a deal done this week, but think the dealer is padding the money factor. I woudl rather get in to a S, but the dealers numbers are not working for me..
#216 of 220
Re: Deals and rates for 2008 cayenne? [sidt] by Car_man HOST
Sep 12, 2008 (1:45 am)
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Replying to: sidt (Aug 22, 2008 2:03 pm)

Hi sidt. Porsche Credit's lease program for the 2008 Cayenne varies by term and mileage allowance. For now I will assume that you are interested in a 36 month lease of a base 2008 Porsche Cayenne with 15,000 miles per year. The buy rate lease money factor and residual value for this combination of variables are .00250 and 57%, respectively for consumers who qualify for Porsche Credit's top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#217 of 220
Re: Leasing Cayenne [newcarnow] by Car_man HOST
Sep 12, 2008 (1:52 am)
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Replying to: newcarnow (Sep 04, 2008 11:45 am)

Greetings newcarnow. Here's the information 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 15,000 miles per year are .00250 and 57%, respectively for consumers who qualify for its top credit tier. The money factor is exactly the same for an otherwise identical lease of an '08 Cayenne S, but its residual value experiences a major drop to 50%. Interestingly, the residual for an '09 Cayenne S is also 50%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#218 of 220
Re: Leasing Cayenne [Car_man] by rides
Sep 18, 2008 (7:04 am)
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Replying to: Car_man (Sep 12, 2008 1:52 am)

Thank you for the information. I am considering leasing a 2008 GTS and wanted to know what to expect for the money factor, residual, pricing above or below MSRP, etc. Also, any advice regarding this decision with regard to should I wait for an 09, what options do you recommend as a must for the GTS, etc.
 
rides

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