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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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Hi all and wondering if this is a good or GREAT deal. Can buy a 06 Turbo Cayenne for 9k off, 6% financing for 5 years. In California dealers are very stingy with the discounts. Any suggestons besides buy a Jeep? Thanks!
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Replying to: Car_man (Mar 22, 2006 4:57 am)  $63K). These two were used in Women's Tennis tournament. We thought about leasing...since we are purchasing the car under my business...leasing doesn't seem to offer the same tax incentives. I am in San Diego. I am thinking about asking GM to throw in the extended warranty for the car. Any suggestion? We want better deals. Financing has been arranged with my bank. Thank you again for your time.
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Replying to: bimbobrakes (Mar 22, 2006 12:34 pm)
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Replying to: lleecpa (Mar 23, 2006 4:51 pm) the car is AWESOME!
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Replying to: rrfan1 (Mar 28, 2006 3:12 am) 
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FYI - Thank you for all the great suggestions. We got our car today and very happy. It's an awesome car.
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Replying to: lleecpa (Mar 30, 2006 10:30 pm)
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Replying to: dogballs (Apr 01, 2006 6:48 am) |
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I had a couple that I talked to yesterday that was interested in a Range Rover Sport and a Cayenne S. They were pretty much jerks the entire time but I try to treat everyone the way I would like to be treated so I showed them around. They are claiming that Porsche is offering them a $70,000 Caynne S 36 month lease with 15,000 miles a year for about 950 a month oh and yeah it is "zero" down. A Range Rover Sport with similar equipment has a MSRP of 61,000 or so and leases out closer to 1,200 a month with all taxes in, we roll property and sales tax into our leases, so just under 1,100 a month base. This would be our version of a "zero" down lease with just first month payments and fees up front. I got a feeling they are just flat out lying to me cause that is the kind of people they seem to be. Are they yanking me around or is this even doable? The Porsche dealer in my area is pretty stingy so I wouldn't expect more then a 3,000 dollar discount off of the MSRP of a $70,000 Cayenne. So if you could run me a rough lease on a 70,000 MSRP Cayenne S with a selling price of $67,000 15,000 miles a year and 36 months that would be much appreciated. Edit--------------- Actually if you can just confirm that the Money factor and residuals that I have here are correct I will run the numbers myself when I get into work on Monday. Residual 36 months 49% Money factor 36 months .002992 |
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Replying to: british_rover (Apr 09, 2006 2:52 pm) part of the pricing discrepancy is the fact that because rovers are so poorly made, they have very low residual values. porsches have high residuals, therefore lower payments during the lease term. i priced a lease on a range rover HSE prior to buying a cayenne, and they were only giving something like 40% residual on the lease, (which speaks volumes). you are obviously trying to sell a rover, and are are soliciting feedback in a porsche forum, but you should really do these folks a favor, and encourage them to buy a german (or even japanese) vehicle, then you should go apply for a job at your local porsche dealer. PS. just becausue those folks are claiming it's a 70K cayenne, doesn't mean the cap cost is 70k in the pmt calc.
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