482 messages,
Last post on May 15, 2013 at 4:08 PM
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Porsche Cayenne, Car Leasing, SUV
#304 of 482 Re: Porsche Cayenne Lease --- base model [the_b_man]
by wheatenv
Oct 27, 2010 (8:39 am)
Dealers can manipulate 3 things: 1) drive off, 2) selling price and 3) money factor. Which means you can negotiate all 3. MSRP and residual are not negotiable.
A stripped down base cayenne will probably be in the high $700s/month and a loaded base will be high $800s-low$900s depending on how well you negotiate.
Drive is any cap reduction plus fees (taxes, title, bank fee, 1st month pmt etc). Dealers typically make a great spread in the bank fee, tho i'm not sure if Porsche dealers do and they don't love to lose that. I'd say drive off with 0 cap reduction would be around $2500.
Bottom line is if you're patient and the dealer wants to get rid of the car you'll get a better deal. 2010 models were offered at $4k off MSRP; 2011 V6s (not many around) are $1-$2k off
#305 of 482 Porsche Cayenne V6
by steven88
Nov 06, 2010 (9:16 am)
What are the money factor and residual value for Nov?
#306 of 482 Re: Porsche Cayenne V6 [steven88]
by Car_man HOST
Nov 09, 2010 (6:15 pm)
Hi steven88. According to the latest information that I have seen, Porsche Financial Services' November buy rate lease money factor and residual value for a 36 month lease of a 2011 Cayenne V6 with 15,000 miles per year are .00177 and 57%, respectively.
Car_man
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#307 of 482 2011 Cayenne Turbo
by bigdje
Nov 09, 2010 (8:14 pm)
What is the money factor on a 4 and 5 year lease with 10K for each?
Also do you have residual for each?
My dealer told me the cap on a turbo lease is $116,400.00 is that true?
#308 of 482 Re: Porsche Cayenne V6 [Car_man]
by warbern
Nov 13, 2010 (12:44 pm)
How much does the residual change for 12K miles? Thanks
#309 of 482 Re: 2011 Cayenne Turbo [bigdje]
by Car_man HOST
Nov 17, 2010 (7:02 pm)
Hi bigdje. Porsche Financial Services' November buy rate lease money factor and residual value for a 48 month lease of a 2011 Cayenne Turbo with 10,000 miles per year are .00230 and 42%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 60 month lease are .00230 and 35%.
What did your dealer mean when they said that the "cap" on a Turbo lease? Do you mean the maximum amount financed?
Car_man
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#310 of 482 Re: Porsche Cayenne V6 [warbern]
by Car_man HOST
Nov 17, 2010 (7:03 pm)
PFS' 12,000 mile per year residual values are 2% higher than its 15,000 mile per year residuals.
Car_man
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#311 of 482 Re: Porsche Cayenne V6 [Car_man]
by steven88
Nov 18, 2010 (11:57 pm)
How could I came up with a much lower monthly payment using the lease calculator compared to a dealership's number when we both used with 57% residual value and 0.00177 money factor?
#312 of 482 Re: Porsche Cayenne V6 [steven88]
by Car_man HOST
Nov 29, 2010 (7:12 pm)
It's hard to say why you and the dealer came up with two different payments, steven88. Assuming that the MSRP, selling price, term, money factor, and residual value that you both used are the same, your payments should have come out the same as well.
Perhaps the dealer included sales tax and you didn't. Or perhaps they rolled some fees, like PFS' acquisition fee into your payment.
Car_man
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#313 of 482 What are December MF and residual -
by nkta
Dec 01, 2010 (2:19 pm)
for a V6 Cayenne lease? and the Cayenne S? for 36 months with 15k miles/yr. Thanks.