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Prices Paid: Buying & Leasing Experiences 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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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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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 |
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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?
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Replying to: bce (Oct 19, 2009 12:10 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
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Replying to: zhecks (Oct 25, 2009 9:12 pm)
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Replying to: zhecks (Oct 25, 2009 9:12 pm) Porsche Financial Services' current buy rate lease money factor for a 36 month lease of a base 2009 Cayenne with 12,000 miles per year are .00146 and 53%, respectively. The numbers for an otherwise identical lease of an '09 Cayenne S are .00146 and 48%. PFS' numbers for a 36-month, 12k lease of a base '10 Cayenne are .00146 and 56%. The numbers for an otherwise identical lease of a '10 Cayenne S are .00146 and 51%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: alex15 (Nov 05, 2009 2:51 pm) MF = 3.5% Resid = 48% Sale Price = $52,650 24.5% OFF Sticker $9,700 Under Invoice
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