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Porsche Cayenne Lease Questions

482 messages,  Last post on May 15, 2013 at 4:08 PM

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What is this discussion about? Porsche Cayenne, Car Leasing, SUV

Messages Page 39 of 49

#378 of 482 Re: Hybrid Lease Rates [Car_man] by ratings

May 13, 2011 (11:27 am)

Replying to: Car_man (Apr 28, 2011 5:20 pm)
Hi Car Man,
 
Is the information on the Cayenne Hybrid 2011 lease below still applicable for May? Or has it changed? If so, what are the new numbers.
Thank you!
Ratings
 
"Hi ratings. Porsche Financial Services' April buy rate lease money factor and residual value for a 48 month lease of a 2011 Cayenne Hybrid with 10,000 miles per year are .00220 and 50%, respectively for consumers who qualify for its top credit tier. "

#379 of 482 Re: Question for Car Man--2012 Order [jergans] by Car_man HOST

May 15, 2011 (4:00 pm)

Replying to: jergans (May 02, 2011 1:11 pm)
Hi jergans. Porsche's current lease program is scheduled to run through June 30th. It is difficult to say what its program will look like in September.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#380 of 482 Re: Cayenne Base April Lease Rate [jackj27] by Car_man HOST

May 15, 2011 (4:06 pm)

Replying to: jackj27 (May 06, 2011 8:12 am)
Hi jackj27. Gas prices actually have taken an pause and might head down slightly in the short term. It's difficult to say what they will be like on August. Normally the summer driving season causes gasoline prices to rise, but it's tough to say what will happen this year. There's no doubt (at least in my mind) that speculation has driven the price of oil back over $100 per barrel. WTI could easily slip into the $90s and stay there for a while. Then again there are many people who believe that the government is creating inflation that that we will see $120 before the end of the year. I guess that my point is that it's difficult to say where gas prices are headed and that it's not necessarily up in the short run.
 
Porsche is not providing any lease support on the Cayenne right now, so I personally don't think that there's any harm in waiting to lease one though.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#381 of 482 Re: Lease Price Cayenne [travelboy11] by Car_man HOST

May 15, 2011 (4:08 pm)

Replying to: travelboy11 (May 10, 2011 4:57 pm)
Hi travelboy11. I'd be happy to work up sample lease payments on the Cayennes that you are interested in for you, however in order for me to do so I need both their MSRPs and approximate selling prices. I can come up with an approximate selling price by looking at the invoice prices that you mentioned but I still need the MSRPs. Let me know what they are and I'll crunch some numbers for you.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#382 of 482 Re: Hybrid Lease Rates [ratings] by Car_man HOST

May 15, 2011 (4:09 pm)

Replying to: ratings (May 13, 2011 11:27 am)
Hey ratings. I believe that Porsche's May lease program is exactly the same as its April program was.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#383 of 482 Re: Hybrid Lease Rates [Car_man] by ratings

May 25, 2011 (6:22 pm)

Replying to: Car_man (May 15, 2011 4:09 pm)
Thank's car man! What should I do if the dealer tries to raise the lease rate from the #'s that you gave me?
Ratings

#384 of 482 Re: Hybrid Lease Rates [ratings] by Car_man HOST

May 30, 2011 (4:39 pm)

Replying to: ratings (May 25, 2011 6:22 pm)
You're very welcome ratings. That's the art of negotiating a good deal. You can't force a dealer to lease you a vehicle using the lowest possible money factor, but you can haggle with them or shop around with other dealers.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#385 of 482 Leas terms all over the place by verbow

Jun 04, 2011 (6:25 pm)

As I look into leasing a 2011 Cayenne S, I'm shocked by the variability in terms being quoted on this board. I've leased 2 cars over the last 6 years and MF and residual value were always consistent between dealers and easily located online. Was I previously lucky or is this variability the norm?
 
In any event, I looked at a 2011 Cayenne S with an MSRP of 83,220 that was reduced to 76,500 without a hitch. I was then told the MF was 0.00260 and the residual value 53% for a 36 month, 10,000 mile/year lease. I said that I had seen lower money factors consistently referenced on this board - typically 0.00220 - and he said this figure was not accurate and the MF and residual value were set by PFS. He said they had been consistent since April 1 and expire June 30. I was also told the highest MSRP PFS will allow on an S lease for residual value calculation is $80,000, so that figure had to be used in the calculation instead of $83,245. This effectively reduced the residual value from 53% to 51% when I plugged numbers into my lease calculator.
 
I was glad he readily knocked 8% off the MSRP, but is he pulling my leg on the terms to compensate? Another dealer nearby has a similar model that's slightly less equipped. I plan on calling their financial manager on Monday to see what's going on.

#386 of 482 Re: Leas terms all over the place [verbow] by Car_man HOST

Jun 06, 2011 (5:06 pm)

Replying to: verbow (Jun 04, 2011 6:25 pm)
Hi verbow. If your credit is in good shape, the dealer is definitely marking up this Cayenne's money factor to add additional hidden, back-end profit to your deal. PFS' current buy rate for this model is definitely only .00220 for consumers who qualify for its top credit tier.
 
I'm not sure about the maximum residual amount for the Cayenne. To me it seems strange that PFS would cap it, given the a la carte menu of options that Porsche offers, but I suppose that it's possible.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#387 of 482 Re: Leas terms all over the place [Car_man] by verbow

Jun 06, 2011 (5:42 pm)

Replying to: Car_man (Jun 06, 2011 5:06 pm)
Thanks Car_man. Interesting. I called another dealer's financial manager and gave him no details about my first lease discussion. He quoted the exact same terms, including the 0.0226 money factor. Could it be different on the Cayenne and the Cayenne S? He also validated the $80,000 cap on residual value. Are these money factors published anywhere?

Messages Page 39 of 49

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