Last post on Nov 09, 2013 at 7:14 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Porsche Cayenne, Car Leasing, SUV
#356 of 505 Porsche 2011 Cayenne Turbo Lease Question
Apr 13, 2011 (3:57 pm)
I got a quote for a 133,000 MSRP turbo worked down to 127,000 for 2585 a month before taxes and 2500 down on a 36 month 12k milleage lease. The money factor used was .0027 and the residual is 47%. According to him the residual is off a figure of 117,000 which is used as their max figure for the cayenne.
I have outstanding credit....but I feel like this is not a good lease....
Anyone have any other dealers that would beat this ?
thanks for any help
#357 of 505 Re: Cayenne Base April Lease Rate [silverforum]
Apr 17, 2011 (5:49 am)
Any update on the April 2011 Cayenne base V6 Tiptronic 36 month lease rates ? I'm being told it's .002900 for April for 36 month and another source shared it's lower than that. Realizing dealers can mark up the buy rate - trying to confirm the April standard rate from PFS.
#358 of 505 Re: Cayenne Base April Lease Rate [buffalo62]
Apr 17, 2011 (5:59 am)
That's high. The lease programs changed slightly. Just got a dealer quote sheet (on an S) and the top tier money factor is .0020 for 36 months. residual of 53% on 10k per year (although I think that's for 12k).
The bigger problem is actually finding a car. I live in a high demand market and almost all Cayenne inventory for the next 2-3 months is spoken for.
Zero deals. Full sticker or higher.
#359 of 505 Re: Cayenne Base April Lease Rate [albonya]
Apr 17, 2011 (1:24 pm)
Thanks- I'm meeting with the GM tommorow - it's safe to say that the April rate of .00198 for Cayenne triptronic went to .00200 not .00298 as I was told they had not marked up the rate. I appreciate the update - thanks very much.
#360 of 505 Re: Cayenne Base April Lease Rate [buffalo62]
Apr 18, 2011 (2:24 pm)
It depends on who you talk to. I actually talked to another dealer who said the current PFS money factor on the Cayenne S was .0035 - over 8% for top tier credit.
That just theft considering how cheap money is these days.
However, there aren't many Cayenne's out there (especially if you're trying to get the base model). They may be just taking advantage of that fact.
#361 of 505 Re: Cayenne Base April Lease Rate [albonya]
Apr 18, 2011 (2:50 pm)
I'm waiting for the money factors this evening and will share once I have. I think my rate was marked up a point. .00200 to .00290 (if I'm understanding this correctly). If you hear anything more please let me know as I'm close to making the decision. Thanks- and agree it's theft in light of interest rates-
#362 of 505 Re: March 2011 Cayenne lease rates [Car_man]
Apr 18, 2011 (3:52 pm)
Hi Carman, I asked you a couple of months ago about MF/residual on a 36 mos. 10k per year on a 2011 cayenne s. I ordered car at that time but wanted to find out April MF/ residual as I need to finalize lease as car should be in at end of April/ early may.
Thanks again for all of your help over the past few months.
#363 of 505 Re: March 2011 Cayenne lease rates [kyleluken]
Apr 19, 2011 (5:48 am)
I just talked to 3 dealers about these same lease specs.
Dealer 1 - MF: .00220, 54%
Dealer 2 - MF: .00228, 55%
Dealer 3 - MF: .00350, 53%
Hard to tell who's telling the truth these days. Some of these guys will tell you anything to get you off the market. Really depends on how much your dealer is trying to hide in the lease.
#365 of 505 Re: March 2011 Cayenne lease rates [silverforum]
Apr 21, 2011 (5:45 am)
Thanks for that.