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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 45 of 49

#434 of 482 Re: october MF, residuals for Cayenne [rravin] by drsmiley

Oct 21, 2012 (10:42 pm)

Replying to: rravin (Oct 19, 2012 9:45 am)
Oct 20, 2012
 
Hello,
 
Current Money factor in October is 0.0020 for top tiered customer. Residual value is 57% for 2013 Cayenne.
 
Just took delivery of a 2013 Cayenne V-6 yesterday and wanted to share my research experience to help those out there who are in the leasing process. I learned a lot through Edmund’s forum and New car advice section.
 
Got Money factor 0.0020, RV 56% because of 15,000 miles/year for 36 months, $2,500 drive off (first month, acquisition and other bs fees that they refuse to take off).
Payment=$989/mo including tax after $3,000 discount off MSRP
 
The key to a good deal is to do your homework:
 
1. Know exactly what options you want. Order a copy from Consumer's Report for ~$18 to find out how much dealers actually pay for these options (invoice price vs. MSRP). By knowing what you want, it's easier to stay within budget.
 
2. Start shopping through internet websites of local dealers. Ask internet reps from different dealers to search for the right car. Better to start shopping on internet first, let different dealers compete and more likely to get immediate discount starting with $1000 whereas they will not budge past $500 if you walk into show rooms. After a few contacts on the phone, I got $1000, $1,500 and $3000 off from three different Porsche dealers.
 
3. Know your FICO score because it'll save you tons of $$ if you're in the top tier.
 
If you're in the top tier, insist that they give you the Money Factor of 0.0020. A couple of dealers discounted some but gave me 0.0024 to make up for the difference. They said that's what they charge for top-tiered customers….not true! I told them Porsche Financial Services MF is 0.0020 for October. As long as they know you did your homework and know what you’re talking about, they’ll make it happen.
 
4. Keep dealing and constantly watch your negotiated numbers because they love to switch a few things at the end if you don’t watch yourself !! It’d be fair to get $2000 to $3000 off MSRP for 2013 around this time while it’s still hot. Don’t be surprised some dealers will not go beyond $500 off. If so, take your business to the next Porsche dealer because one of them will make a deal with you.
 
Love the new Cayenne in the garage with my Carerra C4 Cab.
 
Good luck guys.

#435 of 482 Re: october MF, residuals for Cayenne [drsmiley] by da33133

Oct 22, 2012 (10:04 am)

Replying to: drsmiley (Oct 21, 2012 10:42 pm)
Dear drsmiley,
 
Thank you very much for your detailed post. This is the kind of help that will be useful to me (and others) when I get into the details of a negotiation. Hopefully I'll have similar good information to share with the forum after I complete a deal!

#436 of 482 Re: October buy rate lease money factor/residual value [sfcayenne] by Car_man HOST

Oct 25, 2012 (3:35 pm)

Replying to: sfcayenne (Oct 01, 2012 12:12 pm)
Hi sfcayenne. Porsche Financial Services' October buy rate lease money factor and residual value for a 24-month lease of a base 2013 Cayenne with 10,000 miles per year are .00200 and 64% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#437 of 482 Re: Money Factor & Residual for Cayenne GTS [sjl225] by Car_man HOST

Oct 25, 2012 (3:36 pm)

Replying to: sjl225 (Oct 02, 2012 6:46 am)
You're welcome sjl225.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#438 of 482 2013 Cayenne Diesel by gkcarp

Oct 28, 2012 (12:08 pm)

Hi Car Man looking for Lease rates on the 2013 Cayenne Diesel for a 36 month lease with 20K miles per year, if possible with a single up front payment if that makes a difference.

#439 of 482 Re: 2013 Cayenne Diesel [gkcarp] by alvinjr

Nov 17, 2012 (12:35 pm)

Replying to: gkcarp (Oct 28, 2012 12:08 pm)
did you get a response to your question. I am interested also in the answer you received.
 
Hi Car Man looking for Lease rates on the 2013 Cayenne Diesel for a 36 month lease with 20K miles per year, if possible with a single up front payment if that makes a difference.

#440 of 482 Re: Money Factor & Residual for Cayenne GTS [Car_man] by wangt1015

Dec 02, 2012 (10:03 pm)

Replying to: Car_man (Oct 25, 2012 3:36 pm)
Car_man,
 
What is the December money factor and residual for a 2013 Cayenne S
 
36 months / 15,000 miles per year
30 months / 20,000 miles per year
 
Thank you

#441 of 482 Re: Money Factor & Residual for Cayenne GTS [wangt1015] by Car_man HOST

Dec 19, 2012 (4:05 pm)

Replying to: wangt1015 (Dec 02, 2012 10:03 pm)
Hi wangt1015. Porsche Financial Services' December buy rate lease money factor and residual value for a 36-month lease of a 2013 Cayenne S with 15,000 miles per year are .00200 and 50%, respectively for consumers who qualify for its top credit tier.
 
I think that 1,5000 miles per year is the highest mileage allowance that PFS publishes residual values for. If you need to drive more than that, you will likely have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#442 of 482 Cayenne GTS lease by zoosh75

Jan 18, 2013 (1:28 pm)

Hey Car Man, I looking to lease a 2013 Cayenne GTS. Are most Cayenne leases 36 vs 48 months?
Dealer numbers:-
MSRP: 102695
discount 2,500 off above MSRP
money factor: 0.0023
residual 45% ( 48 months lease)
deposit: 5000
monthly payment incl. taxes: 1726 (48 months lease)
monthly payment incl taxes and Porsche 4 yr maintainance program: 1766 (48 months lease)
What do you think about this offer? What is the money factor and residual for January 2013 for PFS?
Anyone has experience with the maintainance program? Is it worth paying for upfront or paying repairs as you go?
Thanks Car Man
zoosh75

#443 of 482 Re: Cayenne GTS lease [zoosh75] by Car_man HOST

Jan 28, 2013 (5:12 pm)

Replying to: zoosh75 (Jan 18, 2013 1:28 pm)
Hey zoosh75. Porsche is not providing lease support on any length lease of the Cayenne, so it really doesn't matter if you go with a 36- or a 48-month lease. The money factor that you were quoted is a little too high though. Porsche Financial Services' January buy rate is .00200 for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 45 of 49

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