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Porsche Cayenne: Lease Questions

244 messages,  Last post on Nov 27, 2009 at 1:50 PM

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


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#234 of 244
Re: current lease deals look terrible [bce] by jayrider
Oct 19, 2009 (2:32 pm)
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Replying to: bce (Oct 19, 2009 12:10 pm)

Leasing on big ticket suv's are terrible everywhere. Even a base mdx [nicely equipped] $600 or so before fees and taxes.
#235 of 244
Any 2009 or 2010 Cayenne Lease Special? by zhecks
Oct 25, 2009 (9:12 pm)
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Anyone knows of 2009 or 2010 Cayenne lease special going on right now? I am considering a Cayenne (< $600/mth including tax) or Cayenne S (<$700/mth including tax). I would like to know this for a 36 month lease, 12K miles per yr. The drive off should be around $4K. Also does anyone know what is the lease factor for Cayenne now? thanks in advance
#236 of 244
Re: Any 2009 or 2010 Cayenne Lease Special? [zhecks] by alex15
Nov 05, 2009 (2:51 pm)
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Replying to: zhecks (Oct 25, 2009 9:12 pm)

that was possible 2 months ago . I had 750/month 1000/36 for $60.000 sticker. $1600 drive off.
#237 of 244
Re: Any 2009 or 2010 Cayenne Lease Special? [zhecks] by Car_man HOST
Nov 24, 2009 (2:59 am)
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Replying to: zhecks (Oct 25, 2009 9:12 pm)

Hi zhecks. Porsche is providing support on leases of both the 2009 and the 2010 Cayenne right now.
 
Porsche Financial Services' current buy rate lease money factor for a 36 month lease of a base 2009 Cayenne with 12,000 miles per year are .00146 and 53%, respectively. The numbers for an otherwise identical lease of an '09 Cayenne S are .00146 and 48%.
 
PFS' numbers for a 36-month, 12k lease of a base '10 Cayenne are .00146 and 56%. The numbers for an otherwise identical lease of a '10 Cayenne S are .00146 and 51%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#238 of 244
Re: Any 2009 or 2010 Cayenne Lease Special? [alex15] by rubin72
Nov 26, 2009 (6:24 am)
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Replying to: alex15 (Nov 05, 2009 2:51 pm)

At the end of May 2009, I leased a 2009 Cayenne-S that stickered for $70k. I did a 36mo 15k mile/year lease with ZERO cap cost reduction. My monthly is $725/month. This includes the 9% tax in PA [6% sales tax + 3% lease tax]. The only out-of-pocket money was $1,690: first month's payment, Bank Acq. Fee, and registration.
 
MF = 3.5%
Resid = 48%
Sale Price = $52,650
 
24.5% OFF Sticker
$9,700 Under Invoice
#239 of 244
Re: Any 2009 or 2010 Cayenne Lease Special? [rubin72] by zhecks
Nov 26, 2009 (9:28 am)
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Replying to: rubin72 (Nov 26, 2009 6:24 am)

thank you, that's a really good deal.
 
I live in CA. Anyone know where I can get a similar deal in LA area.
 
thanks...
#240 of 244
Re: Any 2009 or 2010 Cayenne Lease Special? [rubin72] by borno
Nov 26, 2009 (5:54 pm)
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Replying to: rubin72 (Nov 26, 2009 6:24 am)

That's almost impossible to believe. The best I've been able to find is aroung 18% off, a rare loaded gts 09. I'm being patient though. Just saw the press release for the new bmw 5, and amay switch gears, and think about a sedan again.
#241 of 244
Re: Any 2009 or 2010 Cayenne Lease Special? [borno] by rubin72
Nov 27, 2009 (6:08 am)
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Replying to: borno (Nov 26, 2009 5:54 pm)

Normally you'd be right; too good to believe. However, I did leave out that it was the former dealership owner's car, never titled, and had 7,800 miles on it when I took ownership. Typically I wouldn't buy a P-car that may have been "beat on" for so many miles but since I'm leasing with a full warranty and the deal was sooo good I couldn't resist. It looks and drives as new. The bank did drop the residential down from 51% to 48% to account for the miles even though legally the car can still be sold as "new" since it was never titled. It's been a great family hauler for my wife and twin sons so far. The only problem we've had is the High Pressure Fuel Pump went; not uncommon. It cost ~$1,500 and was covered under warranty of course. The dealershp had it fixed in less than 48 hours.
#242 of 244
Re: Any 2009 or 2010 Cayenne Lease Special? [rubin72] by borno
Nov 27, 2009 (6:36 am)
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Replying to: rubin72 (Nov 27, 2009 6:08 am)

That explains it..thanks. I've never leased, eventhough I have a small business and could write it off. I usually buy a year old, and keep it 6-8 years. It works out, because I control the end game. My wife's 04 sienna we bought new because it had just come out,(now has 100K and going strong)
 
That being said the manufacturers have definately stepped up the technology and features of the newer cars, so I would consider leasing.
 
Had my eyes on a 09 loaded gts, until I saw bmw released info on the next 5. I've been contemplating replacing my 00 A62.7T,6sp., w/sport for some time, has 125K and bad cats, but reallty love the car, so I'm thinking drive it into the ground and be patient on oportunities for now, lots of slow times ahead for this industry still.
#243 of 244
Re: Any 2009 or 2010 Cayenne Lease Special? [borno] by rubin72
Nov 27, 2009 (10:43 am)
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Replying to: borno (Nov 27, 2009 6:36 am)

I've leased several cars in the last few years and have nothing bad to report. In fact, leasing saved my butt with my previous lease ('08 Volvo XC90 V-8). I got the XC90 2-1/2 years ago -right before the market exploded. The resid. was high and so the buyout was ~$34k. When I turned it in car was worth ~$27k on the open market. Volvo called and was willing to nego. the buyout. Something they generally NEVER do! The lease ended up protecting me from a ton of depreciation due to the unforeseen recession.
 
I believe the only people who should NOT lease are:
*Drive more than 18-20k miles a year
*Like to mod their car
*Don't take good care of their cars
 
Otherwise, a well negotiated lease that takes advantage of rebates and special money factors can NOT be beat. You're holding all the cards. You can turn it in, keep it, or sell it privately. Oh, and if you're in a accident or hit a deer which will trash your CARFAX, with a lease it's not your problem. Just turn the car back in at the end.

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