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Porsche Cayenne Lease Questions
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Thanks for your advice: The numbers are in the question actually: $2400 and $2500 per month respectively, with taxes included.
Mr_Nomad2007
I'm not sure on how fast the Cayenne Turbo depreciates (very fast, I'm guessing).. But, those numbers seem extremely high..
Couldn't you finance the car for a lower monthly payment? When lease payments exceed finance payments, then that takes away a lot of the incentive for leasing. I haven't seen many good 24-month Porsche leases, except for the Cayman.. Have you tried getting quotes for 36 months?
regards,
kyfdx
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I'm caught in a discussion with my self about whether to put down $60,000 in 24 months with a lease or finance a $90000 vehicle and risk not being able to sell it. That's my dilemma. Yes, the 36 month lease is definitely cheaper by the month and yet much dearer at the end of 36 months ($60,000 v. $72000).
I was really looking for someone to help me put some numbers together such as money factors etc., for the 2006 Porsche Cayenne Turbo S. I was hoping that would help me get a better feel for the payments.
Warmly,
Mr_Nomad2007
I am currently in the process of helping a friend get a lease on this car, I just got a great deal on a BMW and learned quite a bit regarding leasing aspects through this forum.
If anyone can give me some information as far as the current(MF) and residual on a 2007 3yr./15k Cayenne S - also is there any sort of security deposit you can apply to lower your monthly payment such as with BMW services?, I am in the SoCal area. Any input would be greatly appreciate it.
Car_man
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Thank you very much for your response, regarding Cap Cost are you at all familiar with what kind of money people in general are paying in other words is it $1000.00 over invoice? That information would be very helpful. I live in SoCal., so if you know what range would be considered a good deal, that would most certainly be appreciated. Also, what other fees should I look for in a lease agreement, are they typical to the BMW fees? such as MACO, etc...
Thanks a million!
I don't know what sort of advertising fees and such Porsche charges, but I can tell you that if you lease through Porsche Credit you will have to pay a $745 acquisition fee.
Car_man
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we are looking at a 2005 Cayenne S with almost 19k mi. and get this...the dealer classifies it as a new car because it was driven by a Porsche exec for demo purposes and has never changed title. any car to me that has 19k mi., pits in the aim dam, scuffs in the back bumper, obvious wear on the metal inner door protectors, and nicks on the console seems used to me.
they are saying that it was a $74k auto as it's equipped with the air suspension pkg. and off road technology package. they are offering it for $54k red tagged and said they could get it down to $52, no extended warranty.
i guess porsche can lease this vehicle b/c they're calling it new.
i don't know how to calc a residual value on this. wouldn't this be the residual value?
also trying to figure out the differences between the 2005 and 2006 vehicles.
thanks carman!
i didn't understand this.
thanks for your help!
wondering what the base lease rates and residuals are in Feb for the cayenne titanium edition models for 10K miles, 27 and 36 months.
thanks!
Mike
Interested in leasing a 2006 V6 model, any idea what the residual is like? How much acquisition fee? I am looking at around $41K range with less than 10k miles
You definitely should treat this car as a used vehicle when trying to come up with a price to offer for it. The dealer can call it whatever it wants, but with 19,000 miles on it it IS used.
I am sure that there are a few minor differences between the 2005 and the 2006 Cayenne, but I believe that they are basically the same vehicle. The 2008 Cayenne that comes out this month is an all new truck that will be significantly different from the 2005 and 2006 models. You may be able to find out what the differences are between the '05 and the '06 model by visiting the following discussion: "Porsche Cayenne".
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Stumbled on your forum while researching on Automobile leasing. I haven't done car leasing and I am thinking of leasing the new 2008 Cayenne and just wondering what's a good deal out there for this model on a 13K miles on a 4yr lease.
Any info is much appreciated.
Thanks,
I know the '08 hits dealers on March 3rd. Can you please post the lease rates for this car as soon as you get them?
I am interested in any lease that has a decent program, although I am aware that Porsche rarely has lease support. Ideal would be 36-48 month lease. Interested in Cayenne V6 Tiptronic.
Looks like you are better off buying this truck.
I interested in leasing the 08 Cayenne V6 Tiptronic within these next two months and i'm wondering what the current numbers would be. This is my first time leasing so i'm trying to get as much info. as i can. I would be interested in either a 36 or 48 month lease. I would want to put as little down as possible...thanks for your help!
Is this a good deal? I don't know what the MF is on the subject vehicle.
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I would be happy to give you an idea of how much the Cayenne that you are interested in would cost to lease, but in order for me to do so I need you to give me an idea of what its MSRP and selling price are. Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. While I doubt that dealers are providing significant discounts on the new 2008 Cayenne, you still need to know how much you are paying for it. Let me know what these numbers are and I will gladly tell you what I think of the deal that you are getting use Porsche Credit's current lease program to estimate this truck's monthly payment for you.
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Here's what Porsche Credit's current lease program for the truck that you are interested in is currently like. If you were to lease a 2008 Porsche Cayenne V6 Tiptronic through Porsche Credit right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00310 and 58%, respectively. The numbers for an otherwise identical 48 month lease are .00320 and 50%.
Good luck in your quest for a redesigned Cayenne, it's a nice truck. Let me know if you have any other questions.
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For now I can tell you that you shouldn't make such a large down payment when leasing. Consumers who make large capitalized cost reductions on leased vehicles risk losing them if their car or truck is totaled in an accident or stolen and never recovered. You would be better off not making any cap cost reduction on your lease, even though it means that you will have a little higher monthly payment.
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Can you share with me the Porsche money factor and residual rates for the Cayenne (S 2008)? I'm looking at a 36 or 39 month lease max with minimal money down (maybe tags/fees), 10K or 12K mileage. What other fees (besides taxes tags) does the dealer have to charge me?
I looked at a (new w/55 miles on the odo.)'06 Cayenne S Titanium yesterday. The sticker was $66,345 with dest. charge.(East Coast Tri-State area). The salesman said the purchase deal should be around invoice less around $4k, or somewhere around $10K off sticker. How does that sound? I'm thinking once it is a model year old, it should drop in value a bit more than that.
Thanks in advance.
36 MONTH LEASE TERM WITH $2,000 DRIVE -OFF 10K MILES/YEAR $1,254+TAX MFC 0.00370 RESIDUAL 58%.YOU CAN DRIVE A S550(MSRP $87,550) WITH THAT PAYMENT.
CL 63 AMG boasts the most powerful naturally aspirated V8 engine in the world.???
I dont know much in details about car engine, can any1 tell me whats the difference between the naturally aspired and the twin turbo??? i know the twin turbo engines are fast but what else is the difference, i wanna to know in detail.
"naturally aspirated" = Regular. Nothing special. Just a huge V8.
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Porsche
Does anyone know the current money factor and residual for a 2008 cayenne S 48 month lease (tier 1 credit)?
Thanks in advance..
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