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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

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


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#51 of 244
Re: Hey car_man could use a little help [fastdiablo] by british_rover
Apr 10, 2006 (5:08 am)
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Replying to: fastdiablo (Apr 09, 2006 5:12 pm)

I don't know what dope you are smoking but the Range Rover Sport has a higher residual value across the board compared to the Cayenne. The residual value on the sport for a 36 month lease is between 56 and 53 percent depending on the trim level. A Cayenne at 36 months has a residual value of between 56 and 47 percent depending on trim level. If you were looknig at a full size Range Rover then the losest residual value for a 36 month lease is around 49% and that is for a Luxury/Oxford edition.
 
Takke a look at this link Resale values
 
The LR3 has the best overall resale value in its class and is number three overall.
 
And then look at this ALG residual value awards
 
Land Rover is listed as third among luxury makes and the Range Rover Sport won highest residual for CUV's.
 
I know that 70,000 dollars might not be the cap cost which is why i said discounts for Cayenes around here are probably about 3,000 dollars. If they are getting a bigger discount then that on the Cayenne then they are welcome to it cause we won't give more then a grand off for a Range Rover sport.
#52 of 244
Re: Hey car_man could use a little help [british_rover] by rjlaero
Apr 11, 2006 (12:50 pm)
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Replying to: british_rover (Apr 10, 2006 5:08 am)

The high end Range Rovers have had a pretty stellar resale value over the last few years. Especially the newer body style 2003's on up.
 
But neither Porsche Cayenne or Land Rover can brag about reliability, as they are both near the bottom in that category.
#53 of 244
rovers being rovers regardless of current hype by fastdiablo
Apr 11, 2006 (4:45 pm)
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the only reason the real range rovers had a slightly better than historical resale value in recent past is because they were, for a short period, using some BMW components & engine. actually, that's the only reason i even looked at one. that's when i was quoted a 40% residual value on the lease pricing. what a joke.
as far as RRSports, it's hard to really predict their real resale values at this point since the oldest ones are nowhere near 3 years old. cayennes have been around over 3 years, so they no longer benefit from being the new cool thing (like the RRS is right now, and so is the FJ Cruiser for that matter). discounts can be had very deep on any car that's been around 3 years. duh. -I ordered my cayenne S in late 05, and got it for 2k over invoice. pretty good on a 68K car.
so long as RRS owners keep having the same awful problems and issues with service that they've always had with rover dealers, i'm sure we'll see a quick return to crap resale values among LR cars in general. neat design can only make up for a certain amount of bad engineering.
 
this post right off the edmunds RRS thread basically sums it up.. you don't get stuff anywhere near this severe from Porsches, and Porsche service is excellent, at least here in the SF bay area. can't say the same for my 4 workmates that own various LR vehicles..
 
RRS post from a day ago, and there are TONS more where this came from. what a joke.. every other post is a major problem from an RRS owner . comical.
=============================
Replying to: bgreig (Feb 10, 2006 12:02 am)
 
I picked up my rrs in june 06, the first at my dealership. I have had nothing but problems ever since. barely a week has gone by without a visit to the service dept. I have experienced everything from shaky steering, false error messages, problems with parking distance control (unresolved and now disconnected!) and suspension issues. culminating last night whilst travelling along the highway at 55mph the suspension system collapsed. luckily, although the car lost control I was able to stop safely with the car resting flat on the floor. This problem with the suspension has been ongoing for the past two months and was supposedly resolved last week after the car was off the road in the workshop for a week.
today I am going to the dealership to get rid of the car. what was originally annoying is now unsafe. I have never had a more unsatisfactory ownership experience. I will never buy a Land Rover product again and I would encourage others not to buy their products also.
#54 of 244
Re: rovers being rovers regardless of current hype [fastdiablo] by british_rover
Apr 11, 2006 (5:27 pm)
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Replying to: fastdiablo (Apr 11, 2006 4:45 pm)

Well I am not going to turn this thread into a competition between the two vehicles because that is not why I posted. I posted asking a specific question which anyone who has leased a Cayenne in the past couple of months could have answered.
 
Couple of closing remarks.
 
You can't talk about a residual you were quoted a couple of years ago for a lease and claim it is any where near current. Range Rover residuals right now are in the middle to low 50's depending on the trim level and term of the lease.
 
Any vehicle can have a problems and anecdotal evidence is completely inconclusive. That is even more true on any online forum where people will come to complain, vent or flat out misrepresent the situation since their are no consequences. I am sure I could go to the Cayenne board and find just as many complaints about it as the RRS board has. In fact I bet I could find more since it has been out longer.
 
I don't know why anyone buys these vehicles. I might sell them and I don't mind driving them but I would never buy one. If I had 60,000-70,000 dollars to spend on a vehicle I would buy an Elise to drive every day it was sunny and dry and an late model jeep for any other type of weather.
#55 of 244
Re: 2006 Cayenne S [lleecpa] by Car_man HOST
Apr 12, 2006 (2:16 am)
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Replying to: lleecpa (Mar 23, 2006 4:49 pm)

No problem lleecpa. If you don't feel as though you are getting the best possible deal on this truck, you can always comparison shop with another dealer or two.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#56 of 244
Re: Hey car_man could use a little help [british_rover] by Car_man HOST
Apr 12, 2006 (2:21 am)
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Replying to: british_rover (Apr 09, 2006 2:52 pm)

Hey british_rover. Sorry to hear about your lousy customers. Porsche Credit;s current buy rate lease money factor and residual value for a 36 month, 15,000 mile per year lease of a 2006 Cayenne S should be .00290 and 55%, respectively. Using these numbers, an MSRP of $70,000 and a selling price of $67,000, I estimate that this truck should have a zero down, pre-tax monthly payment of around $1,098. So it looks like the payment that your customers claimed to be getting is a little low.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#57 of 244
911 C4S Cab Leasing by kj666
Apr 12, 2006 (11:40 am)
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Replying to: Car_man (Aug 31, 2005 4:13 pm)

Hello Everyone:
Does anyone know any details on leasing a new C4S Cab or even a C2S cab? It seems the dealers don't want to quote anything unless they have you in the showroom. My local dealers don't have the car I want, so I want to be prepared before going out of town to buy. I'm looking at 48 or 60 months leases.
 
Thanks for the help in advance.
#58 of 244
Re: Hey car_man could use a little help [Car_man] by british_rover
Apr 12, 2006 (12:19 pm)
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Replying to: Car_man (Apr 12, 2006 2:21 am)

Thanks Car_man that is pretty much what I thought. Always could to get independent conformation though.
 
On my software that works out to $1,179 a month with sales tax included so their numbers definetly looked suspicious.
 
Even if they are buying it for invoice it works out to $1,082 with tax.
 
#59 of 244
Re: 911 C4S Cab Leasing [kj666] by porsche_scott
Apr 14, 2006 (11:40 am)
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Replying to: kj666 (Apr 12, 2006 11:40 am)

kj666......you know....you are the reason your local dealerships don't work with customers like you.....of course they want a commited buyer before they drop their pants for you to feel like you've won and gotten a good deal. Instead you would rather find a dealer that will drop any numbers (not gauranteed in most cases)to get you into their store, especially if you have a trade.
 
I will always support my local dealer, as I would expect my customer base to see me.
 
Another thing to consider is....they don't want to qoute anything because they don't have your credit score to give an approx. value! This could equate to a $100-200 difference in payment if your score is at the bottom of the barrel.
 
I guess what I am trying to say is....don't be a pansy...give the dealer a bit of your time and I am sure you will get a good deal. Remember, a good deal is one that you are comfortable with.
 
I was in car sales for a stint after college and I know what they have to go through....the worst thing was a timid, scared guy who needs his wifes permission to buy a 100,000 car that he knows he works hard for! Most dealerships today have a different way of relations (especially a Porsche Dealer) because they work off of referral/repeat business. If you feel uncomfortable then let it be known and they will work at your pace.
#60 of 244
Re: Porsche Cayenne: Lease Questions [Car_man] by porsche_scott
Apr 14, 2006 (11:49 am)
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Replying to: Car_man (Aug 31, 2005 4:13 pm)

Car_Man,
 
Please inform these lost souls...that the payment you are qouting is based on "A+" credit. Otherwise, you are putting out undisclosed information and is a violation of the laws of payment calculations!

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