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
#496 of 505 Insight On Cayenne S Lease
Sep 07, 2013 (11:00 am)
Here is my build:
As you can see, the total comes to $86,440
This is the 1st time I've leased a car in 25 years and would LOVE a little wisdom & re-assurance.
I have 2 million in the bank, income of 100K/Month, FICO of 800, Zero Debt and would assume that I qualify for the Preferred / Top-Tier of Porsche's Lease level.
Any chance you might be able to provide me with what I might hope to shoot for with regards to Lease numbers?
I am looking at leasing the referenced Cayenne S for 36 months the 15K Miles/Year level and would like to put down as little as possible (unless you recommend otherwise). I live in California if that matters. Are there any other details I should furnish?
If anyone else in the forum might be willing to chime in with some guidance...please do. I VERY much appreciate this opportunity to elicit advice and will keep this forum updated with my progress and provide final details of how things shook out so others can reference.
I want to order this vehicle this week so I can get my 3 month countdown started ASAP...and this information is my final step before pulling the trigger.
Del Mar, California
#497 of 505 Re: Insight On Cayenne S Lease [robf4]
Sep 13, 2013 (5:38 pm)
With the situation you're in I wouldn't waste my time trying to figure out how to get the slimmest deal. I don't think saving $1-$2K is worth the time.
#498 of 505 Invoice Pricing 2013 Cayenne V6
Sep 21, 2013 (4:53 am)
Hey kyfdx or michaell, I'm trying to figure out the invoice price on a 2013 Porsche Cayenne. Edmunds doesn't list all the options & kbb has all the options listed but doesn't have the invoice price (they only provide a "fair purchase price." Can you guys help me out?
2013 Porsche Cayenne Tiptronic $48,850.00
Classic Silver Metallic $790.00
Online Services $210.00
Sirius XM & HD Radio Receivers $1,120.00
8 Speed Tiptronic S $3000.00
18" Cayenne S III Wheels $390.00
Lane Change Assist $850.00
Reversing Camera w/ Park Assist Front & Rear $1,750.00
Panorama Roof $1,850.00
Multifunction Heated Steering Wheel $250.00
Porsche Colored Crest Hub Caps $185.00
Convenience Package $5,640.00
Total MSRP $65,860.00
Sorry to clog up the leasing forum, but see this one seems to be the most active. Given the fact that this car is a 2013 leftover sitting on their lot, I want to try and extract every single dime I can out of them, especially since I think they are WAY low on the trade. They offered to sell us the car $61,500 plus TTLR
Thanks as always for your help!
#499 of 505 Re: Invoice Pricing 2013 Cayenne V6 [nyccarguy]
by kyfdx@Edmunds HOST
Sep 21, 2013 (6:01 am)
We don't have any other resources that you don't have... one thing I noticed, though.... if you browse invoice prices on Porsche options, they are almost all exactly 85% of MSRP...
If you use that as a rule of thumb, you should be able to calculate within a couple of hundred dollars, at most..
#500 of 505 Re: Invoice Pricing 2013 Cayenne V6 [kyfdx@Edmunds]
Sep 21, 2013 (7:04 am)
Thanks buddy! I'm trying hard to convince my parents to go with the X5. With the equity they have in their Porsche plus the much lower cost of a new X5 which includes scheduled maintenance, it seems like a no brainer to me. But its not my money, I just put together the deal on the car they want.
#501 of 505 Car_man lease help - Porsche Cayenne
Oct 14, 2013 (7:57 pm)
I'm looking to lease a 2014 Porsche Cayenne Tiptronic V6. What is the current residual value and money rate factor for a 24 month lease 12k miles/year and also a 24 month lease 15k miles/year? Also, what credit score would quality for the top credit tier?
#502 of 505 Re: Car_man lease help - Porsche Cayenne [trumaine03]
by kyfdx@Edmunds HOST
Oct 15, 2013 (3:10 am)
I'm sorry.. .we don't have any Porsche numbers this month..
I'm not certain about Porsche Finance, but most captive finance companies set the threshold for top tier rates at 675-700 FICO.
#503 of 505 how to discount for mileage & model year
Nov 03, 2013 (7:02 am)
This is my first new car purchase and my first luxury car. I've been leasing cars for the past 12 years. I'm looking at purchasing a 2013 Cayenne Diesel. It has 9200 miles and being sold certified. Dealer used it as a loaner. How can I establish an appropriate amount of depreciation for this vehicle being now 1 model year old, pre-owned (dealer took title 5/20/13) and having 9200 miles on the odometer? Is there a formula used to calculate model year depreciation and miles? Does it affect value that title has been issued or does that just matter if you want to qualify for certain financing options? Any help is GREATLY appreciated.
#504 of 505 2014 Cayenne GTS
Nov 08, 2013 (7:22 pm)
Looking to lease a Cayenne GTS. Dealer is quoting me .00240 for the MF.
I am looking to verify this info, do you have the MF for 36 months Cayenne GTS?
#505 of 505 Re: 2014 Cayenne GTS [robrtgolf]
by kyfdx@Edmunds HOST
Nov 09, 2013 (7:14 am)
I'm sorry... we don't have any Porsche information..
The last base money factor I saw for Porsche leases was .0020
While there is a chance that .0024 is the base rate, it's more likely that the dealer is marking it up for extra profit...