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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
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11.5% off MSRP $58450, dealer is willing to do 12%off on any other 09's except this one. He just exchanged from another dealership because of an unique option. 36 month/10000 MF 0.00163, Res 59% of $58100 (yes, there is a cap) Dealer said he waived acquisition fee of $750 which I think it is just anther trick. Decent deal but not super hot, I got myself trapped for option. |
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what is the residual cap for 09 cayenne s...36mo/15k mi?
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Replying to: ml2005 (Jan 11, 2009 8:19 pm)
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Replying to: srch4car (Apr 07, 2009 7:41 pm) $2K down, 10K mi/yr, 3 yr lease, $727/mo Didn't say excess mile charge and residual %, It is in Mass.
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Replying to: bigdadi118 (May 24, 2009 11:14 am)
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Replying to: grkmec (Jul 31, 2009 10:30 am) Porsche Financial Services' current 36 month, 12,000 mile per year residual value for an '09 Cayenne S is 50%. The residual for an otherwise identical lease of an '09 Cayenne GTS is 43%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Aug 12, 2009 2:27 am)
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Replying to: warz00 (Sep 02, 2009 5:51 am) Try stopping by the "Porsche Cayenne Prices Paid and Buying Experience" discussion to see how much other community members have paid for this truck lately. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Can someone give me advice on leasing? I have never leased before, but considering the current Porsche Cayenne lease offer: Estimated payments based upon an MSRP of $51,605 for a Model Year 2009 Cayenne V6 with the following options: Moonroof, Trailer Hitch without Hitch Ball, Wheel Caps with Colored Crest, Heated Front Seats and Steering Wheel, Driver Seat Memory, and Automatic Climate Control. Price excludes destination charge, title, taxes, registration, license fees, insurance, and maintenance. Lease payments of $559.83 for 36 months = $20,153.88 based on capitalized cost of $45,160 (requires dealer contribution which could affect price). Total due at lease signing: [$3,899.83] (first month’s payment, acquisition fee of $745, and capitalized cost reduction of $2,595). No security deposit required. At lease end, lessee pays excess wear, $.30/mile over 30,000 miles and $350 termination fee. Purchase option at lease end $28,898.80 plus taxes. Specific vehicles and options are subject to availability and your payments may vary. For details about costs and terms call 1-800-Porsche. For additional information see your participating Porsche dealer or visit www.porscheusa.com. The second offer I received was for a well equipped Cayenne S Executive Demo Lease at $599/mo for 36 mo.'s, with 10K miles/yr.
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Replying to: pgb3 (Oct 06, 2009 3:27 pm) To me, the two most important numbers to focus on when leasing are a vehicle's selling price and the money factor that is being used to calculate its monthly payment. These are the two main profit centers for dealers on leases. Shop around and negotiate the lowest possible selling price that you can on the Cayenne that you want. Once you arrive at a selling price that you're comfortable with, have the dealer calculate your monthly payment using its buy rate lease money factor of .00146. If you read the above articles and negotiate the two items that I mentioned, you should not have any trouble getting a good deal on the Cayenne that you're interested in. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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