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Porsche Cayenne Lease Questions

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  • Dealers can manipulate 3 things: 1) drive off, 2) selling price and 3) money factor. Which means you can negotiate all 3. MSRP and residual are not negotiable.

    A stripped down base cayenne will probably be in the high $700s/month and a loaded base will be high $800s-low$900s depending on how well you negotiate.

    Drive is any cap reduction plus fees (taxes, title, bank fee, 1st month pmt etc). Dealers typically make a great spread in the bank fee, tho i'm not sure if Porsche dealers do and they don't love to lose that. I'd say drive off with 0 cap reduction would be around $2500.

    Bottom line is if you're patient and the dealer wants to get rid of the car you'll get a better deal. 2010 models were offered at $4k off MSRP; 2011 V6s (not many around) are $1-$2k off
  • What are the money factor and residual value for Nov?
  • Hi steven88. According to the latest information that I have seen, Porsche Financial Services' November buy rate lease money factor and residual value for a 36 month lease of a 2011 Cayenne V6 with 15,000 miles per year are .00177 and 57%, respectively.

    Car_man
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  • What is the money factor on a 4 and 5 year lease with 10K for each?

    Also do you have residual for each?

    My dealer told me the cap on a turbo lease is $116,400.00 is that true?
  • How much does the residual change for 12K miles? Thanks
  • Hi bigdje. Porsche Financial Services' November buy rate lease money factor and residual value for a 48 month lease of a 2011 Cayenne Turbo with 10,000 miles per year are .00230 and 42%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 60 month lease are .00230 and 35%.

    What did your dealer mean when they said that the "cap" on a Turbo lease? Do you mean the maximum amount financed?

    Car_man
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  • PFS' 12,000 mile per year residual values are 2% higher than its 15,000 mile per year residuals.

    Car_man
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  • How could I came up with a much lower monthly payment using the lease calculator compared to a dealership's number when we both used with 57% residual value and 0.00177 money factor?
  • It's hard to say why you and the dealer came up with two different payments, steven88. Assuming that the MSRP, selling price, term, money factor, and residual value that you both used are the same, your payments should have come out the same as well.

    Perhaps the dealer included sales tax and you didn't. Or perhaps they rolled some fees, like PFS' acquisition fee into your payment.

    Car_man
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  • nktankta Posts: 8
    for a V6 Cayenne lease? and the Cayenne S? for 36 months with 15k miles/yr. Thanks.
  • Hi Car man,

    I'm shopping for a 2011 Cayenne S. Would you know what the December lease money factor is and residual for 10k/yr, 36 mos? I was quoted an MF of .00259 and 56% residual this morning from a dealer in NJ.

    Thanks so much.
  • Does anyone know the money factor and residual rate for a base Cayenne with 12K miles per year on a 36 month lease? Thanks!
  • kerbkerb Posts: 88
    edited December 2010
    Greetings Car Man:

    Could you kindly provide the December residual and buy rate for a 2011 base Cayenne V6 Automatic for 36 months and 7,500 and 10,000 miles. Additionally, could you kindly provide the acquisition fee.

    Many Thanks.
  • Hi nkta. Porsche Financial Services' December buy rate lease money factor and residual value for a 36 month lease of a 2011 Cayenne V6 with 15,000 miles per year are .00177 and 57%, respectively.

    The numbers for an otherwise identical lease of a Cayenne S are .00219 and 53%.

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  • Hello smalkin1. Please see my previous post for the information that you're looking for.

    PFS' residual values for leases with only 10,000 miles per year are 3% higher than its 15,000 mile per year residuals.

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  • Hello smalkin1. Please see my previous post...OK it was two posts ago but you get the idea...for the information that you're looking for.

    PFS' residual values for leases with only 12,000 miles per year are 2% higher than its 15,000 mile per year residuals.

    Car_man
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  • So did I read correctly that the residual is 60% and money factor is .00177? Just confirming. Thanks.
  • Hi Car_man -

    Happy New Year! What are the January PFS numbers for a 2011 Cayenne Hybrid for a 48 month lease with 12,000 miles per year?

    Thanks.
  • jgo1jgo1 Posts: 1
    Hey Car Man:

    What is the MF and residual value for a 2011 Cayenne S 10K miles/36 months.
  • Hi positive49. Porsche Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a base 2011 Cayenne with 15,000 miles per year are .00198 and 56%, respectively.

    Car_man
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  • Thanks cmonkey. PFS' January buy rate lease money factor and residual value for a 48 month lease of a 2011 Cayenne Hybrid with 12,000 miles per year are .00230 and 54%, respectively.

    Car_man
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  • Greetings jgo1. Porsche Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a 2011 Cayenne S with 10,000 miles per year are .00219 and 55%, respectively.

    Car_man
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  • marc68marc68 Posts: 27
    I am interested in a 2011 Cayenne. Are the best lease programs on the V6 compared to the Cayenne S? What is the money factor and residual for a 36 month, 10K per year?
  • petevbpetevb Posts: 1
    Hi Car_man. I am a newbie on this forum and will be taking the plunge and moving from X5 to Cayenne. I am in Canada and would deal with Porsche Canada.

    Would you by any chance know what Porsche Canada Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a base 2011 Cayenne with 25,000 kms per year

    TKS in advance.
  • Hi marc68. Here's the numbers for 36 month / 10,000 mile per year leases of these trucks through PFS.

    2011 Cayenne V6: .00198 / 59%

    2011 Cayenne S: .00219 / 55%

    Car_man
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  • Welcome petevb. Unfortunately I only personally keep tabs on the lease program details for the United States, not Canada. Sorry that I could not be of more help.

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  • bigdjebigdje Posts: 2
    2011 Cayenne Turbo 36 month 10K a year

    what is the buy rate?
  • kylelukenkyleluken Posts: 6
    edited January 2011
    Hi Carman,

    Thanks for all the info. I have been following this thread for awhile now.

    I have a question, I went to Champion Porsche today in South Florida. MSRP for Cayenne S I want was 78,000.00. Dealer with no questions asked dropped price to $73,500.00. They then quoted me .00259 money factor and 55% residual value on Cayenne S for 36 mos/ 10k per year.

    They told me this is the standard money factor offered by PFS. My question is do you think this is a good deal given the discount I was given off the car right away?

    I saw the money factor is .00219 so not sure why I was quoted so much higher other than they obviously want to make money off of me...

    Thanks again.
  • Bigdje, Porsche Financial Services' current buy rate lease money factor for the 2011 Cayenne Turbo is .00219.

    Car_man
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  • You're very welcome, kyleluken. Thanks for reading.

    The dealer is likely marking up your truck's money factor to make some back-end profit on your deal.

    It's definitely nice that the dealer dropped this truck's price so significantly right off the bat, but given the large margins on it I wouldn't be surprised if you were still more than $2,000 over invoice.

    It wouldn't hurt to comparison shop a little or see if you can get the dealer to use the buy rate to calculate your payment and / or see if they'll come down on the price even more.

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