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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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#227 of 244
Re: [grkmec] by Car_man HOST
Aug 12, 2009 (2:27 am)
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Replying to: grkmec (Jul 31, 2009 10:30 am)

Hi grkmec. You're much better going with a 36 month lease than a 48 month lease on a Porsche right now. Porsche is currently providing a special lease money factor of .00146 on 3 year leases of all 2009 models. This special factor is not available for 4 year leases.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#228 of 244
Re: [Car_man] by warz00
Sep 02, 2009 (5:51 am)
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Replying to: Car_man (Aug 12, 2009 2:27 am)

Thx for those #'s. Does anyone have recent info on disounts to MSRP on 09 Cayenne S? '10's are out in a few weeks I think.
#229 of 244
Re: [warz00] by Car_man HOST
Sep 09, 2009 (3:52 am)
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Replying to: warz00 (Sep 02, 2009 5:51 am)

You're very welcome, warz00. Porsche has already published a lease program for the 2010 Cayenne, so if they aren't at dealers yet I suspect that they will begin arriving soon.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#230 of 244
New to Leasing by pgb3
Oct 06, 2009 (3:27 pm)
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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.
#231 of 244
Re: New to Leasing [pgb3] by Car_man HOST
Oct 13, 2009 (2:03 am)
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Replying to: pgb3 (Oct 06, 2009 3:27 pm)

Welcome pgb3. Since you have never leased before, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#232 of 244
09 porsche S or GTS purchase / lease advice for porsche newbie by bce
Oct 19, 2009 (9:06 am)
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I am looking at buying/leasing a Porsche Cayenne S or GTS
  
The dealer has an 09 GTS on the lot that was the owners demo/driver.
It has a bit over 2k miles on it
sticker is ~86k
black on black
  
for options it has:
bi-xenons
PCM
Heated seats
Light comfort pack
XM
Universal Audio Interface
Floor mats
sunroof
bose sound
bluetooth phone
  
also had a tourist deliver for an additional $2250 bringing the actual sticker to $88,610.
  
I am interested to know what you all think I could get for a price or lease deal on this vehicle. I have been reading that I should be able to get a very good deal on this because it is the GTS model. Why is this?
  
This will be my first Porsche. I am making the switch from a Range Rover. I had a chance to drive a cayenne a few weeks ago and fell in love with the handling and solid feeling of the car.
  
Any advice or thoughts would be very much appreciated.
  
Thank you,
BCE
#233 of 244
current lease deals look terrible by bce
Oct 19, 2009 (12:10 pm)
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After talking with the dealer about the above mentioned demo black GTS he is quoting $76k as the "bottom dollar, out the door price" Doesn't sound like a great deal on a demo with an msrp of $86k to me. Also the lease deals sound terrible. He was talking about 41% residual value and a money factor of 7.9%.
 
Obviously at that rate it isn't even worth considering. Any reason to expect a different story at different dealers?
 
Have the deals on these cars disappeared?
#234 of 244
Re: current lease deals look terrible [bce] by jayrider
Oct 19, 2009 (2:32 pm)
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Replying to: bce (Oct 19, 2009 12:10 pm)

Leasing on big ticket suv's are terrible everywhere. Even a base mdx [nicely equipped] $600 or so before fees and taxes.
#235 of 244
Any 2009 or 2010 Cayenne Lease Special? by zhecks
Oct 25, 2009 (9:12 pm)
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Anyone knows of 2009 or 2010 Cayenne lease special going on right now? I am considering a Cayenne (< $600/mth including tax) or Cayenne S (<$700/mth including tax). I would like to know this for a 36 month lease, 12K miles per yr. The drive off should be around $4K. Also does anyone know what is the lease factor for Cayenne now? thanks in advance
#236 of 244
Re: Any 2009 or 2010 Cayenne Lease Special? [zhecks] by alex15
Nov 05, 2009 (2:51 pm)
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Replying to: zhecks (Oct 25, 2009 9:12 pm)

that was possible 2 months ago . I had 750/month 1000/36 for $60.000 sticker. $1600 drive off.

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