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Porsche Cayenne Lease Questions

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Comments

  • bornoborno Posts: 77
    I agreed with you in general, and I meet your lease criteria.
    But, as I said, I tend to be willing to keep my cars longer than most, and when you do the numbers, long term amortization, and buying a car a year or two old has worked out better.

    I try to avoid animals in the road, and have never hit one, or know anyone who has. And, it seems that manufacturers and banks are adjusting thier residuals and money factors to promaintain thier profits.

    I guess it's not a fare comparison, since I buy used, and leasing applies to new only. I have considered it more than once, so maybe someday
  • 2010 Cayenne V6
    MSRP 53720
    Sale Price 48720
    Money Factor 0.00146
    Residual 54% for 3yr/15K miles

    When I plug all these numbers in, it comes out to $660+tax and fees with 0 Cap reduction.
    I am not sure if this is a good deal or not. This would be the first car I have ever leased.
  • Can anyone provide current money factors and residuals for the Cayenne, Cayenne S for 2010 12K and 15k also any specials. thanks
  • 1dutch1dutch Posts: 1
    when negotiating a lease how much should i be able to expect the dealer to reduce the MSRP, that is would should the selling price be for a car listed at $53,000?
  • dinomandinoman Posts: 56
    I was able to get 5600 off msrp on a 53720 base cayenne.
  • dinomandinoman Posts: 56
    I leased a Cayenne on Dec 24th. Money factor was .00146. I think it is down to .00122 for the month of Jan. I do not know the residual on the S.
  • Hello rsingleton. Here's the information that you're looking for. Porsche Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 Cayenne S with 15,000 miles per year are .00146 and 49%, respectively.

    If you were to lease this vehicle with only 12,000 miles per year, its residual value would be 2% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • zheckszhecks Posts: 36
    Hi, I want to lease a 2010 Cayenne S but the lease payment is not very competitive. For a $75K car, I got a quote for $67K (that's actually pretty good discount, over 11%). However, the residual is at 52% for 10K/yr. Lease factor is 0.00146 (3.5%). Monthly lease is over $1050. I am having a tough time to justify this when a similar price BMW X5 (4.8 V8) is charging $700/mth. Since 2011 is getting a facelift, should we not expect a big promotion on the 2010? BMW is giving away the 2010 X5 since 2011 is also coming with a facelift. Do we think we will get a better deal from PFS in March.
  • ejnjejnj Posts: 1
    Hi,

    Haven't leased a car in a while and wanted to get a gut check and see what questions to ask next; any help would be appreciated! Dealer in NJ gave me these numbers on this 2010 Cayenne. It's loaded up with the normal stuff you would expect Nav, ipod, bluetooth, heated seats, sunroof, xm, 18" wheels ect.

    The only facts I have are this:
    Sticker: $60,590

    For the lease on this vehicle:
    $696 per month (includes NJ tax of 7%)
    $6000 total due (includes lease inception fees and all other fees)
    12k miles per year
    36 months

    If this looks bad could you help me figure out why? Is this a bad time to lease a 2010 Cayenne or does this look like a normal deal?

    Not sure if this forum is still alive; haven't seen many posts.

    Thanks!
  • rubin72rubin72 Posts: 20
    To evaluate ANY lease you need to know the following information:

    *MSRP
    *Sale Price [this is the only thing you can really change]
    *Bank Fee/Acq. Fee
    *Cap Cost Reduction (Down Money)
    *Resid. Value
    *Money Factor (Interest Rate)
    *Sales Tax

    You should get at least 10% off the MSRP. Use this website (http://www.leaseguide.com/calc.htm).

    Good Luck.
  • wheatenvwheatenv Posts: 8
    Car Man (or anyone else):

    Do you know MF and residual (10k miles) for April 2010 Cayenne base model?

    thanks!
  • s9r9d4s9r9d4 Posts: 10
    What would the lease payment be for a 2010 V6 cayenne. MSRP: $53,995.

    Lease = 36 months, 12k miles per year, $0 down payment.

    PLEASE REPLY!

    I am just looking for an approx. #.
  • wheatenvwheatenv Posts: 8
    impossible to tell without the selling price. Money Factor for top tier credit is around .00146
  • rubin72rubin72 Posts: 20
    Read my post (#253), I give you a free and easy to use website and describe every piece of information that you'll need to answer your own question.

    Good luck.
  • s9r9d4s9r9d4 Posts: 10
    What would the lease payments be about on this vehicle. 36 months, 12k miles per year, $0 down payment.

    Please calculate the monthly payment with $0 down.

    QV4 - XM Satellite Radio
    0TD - Front & Rear Flr Mats Int Clr
    9AD - Automatic Climate Control
    9W5 - Bluetooth Phone Interface
    3FE - Moonroof
    UF1 - Universal Audio Interface
    EXT - All Wheel Drive
    PK1 - Front Seat Heater inc Str Whl
    PF2 - PCM with Navigation Module
    CD3 - 18" Cayenne Turbo Wheel
    G0R - Tiptronic S
    PO3 - Light Comfort Package

    PRICE: $53,995.00

    URL: http://huntington.porschedealer.com/2010/Porsche/Cayenne+Tiptronic/Huntington+St- ation/NY/500469/info.php
  • wheatenvwheatenv Posts: 8
    what is the price you list, MSRP or Selling price? either way need to know both, plus residual and money factor
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi wheatenv. Porsche Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a base 2010 Cayenne with 10,000 miles per year are .00146 and 54%, respectively.

    When negotiating your lease on this car, make sure to take advantage of the $5,000 cash incentive that Porsche is currently providing on leases of it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • t3tunert3tuner Posts: 2
    I'm researching a replacement to my 06 boxster, looking for a 2010 version for which the dealer i bought the original car from doesnt have in there inventory.

    I got basic $ dollar amounts based on similar configurations I was looking for the first time in. The second time in I test drove a PDK version to see if the extra money was worth it. We talked new numbers of course higher then the first visit but in range after a little negotiation.

    I asked the sales guy to search for the configuration i wanted with and without PDK so I could compare. I searched and found some cars and forwarded to the sales guy finding the non pdk version and asked again to find a PDK version. I did some more searching and found a PDK version and decided to visit the dealer unnanounced. The sales guy was busy so i wondered around the floor for a while checking out the other cars when the sales guy was done with the other customers he never came over to visit me so i left. Any chance he didnt notice me?

    I have had similar experiences with another dealer, i told them what i was looking for, they called me back i was in the middle of stuff and told them to email me and they never did.

    has customer service gone to hell? Does being a nice customer even count anymore ?

    The PDK version is priced 58k they said they would drop off 4k to 53-54k and a 36 lease payment of 797 with 3500 down. The non PDK version is 4k less and comes in at 751 a month. Im trying to get the PDK version for under 750 and the non pdk for 700. The dealers answer was to increase the 3500 to 5k. Am I being played ?
  • zheckszhecks Posts: 36
    Car Man (or anyone else)

    Do you know latest MF and residual (10k & 12K miles) for April 2010 Cayenne and Cayenne S models?

    I think the money factor is approx. .00146. would like to know if the residual change or not (I think it was 52% or lower)

    thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello zhecks. Porsche Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a base 2010 Cayenne with 12,000 miles per year are .00146 and 53%, respectively.

    The numbers for an otherwise identical lease of a Cayenne S are .00146 and 51%.

    If you were to lease with only 10,000 miles per year, these trucks' residual values would be 1% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • 99_528i99_528i Posts: 22
    Getting ready to sell my 04 Lexus GX470 for the GTS or Hybrid. Can't locate the Hybrid any dealers in N California, and I'm researching on the GTS. What is the MF and residual for leasing the Cayenne GTS for 3 years, 10k miles per year? And in some previous posts I saw a $5000 incentive, is that still applicable with any current lease?

    Thanks.
  • Hey Car_man

    Any updates on the June 2010 MF and Residuals?

    Regards,
    Schneller78
  • zheckszhecks Posts: 36
    Car Man (or anyone else)

    Do you know the MF and residual (10k & 12K miles) for the new 2011 Cayenne S models? I know it just arrived at the showroom for the S model. The regular V6 is not here until sept.

    thanks...zhecks
  • Also very interested in the 2011 Cayenne numbers (all models)....
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey 99_528i. Porsche Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2010 Cayenne GTS with 10,000 miles per year are .00146 and 45%, respectively.

    Porsche is currently providing a $8,000 cash incentive on 24 month and a $5,000 cash incentive on 36 month leases of this model.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey schneller78. Porsche Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a base 2010 Cayenne with 12,000 miles per year are still .00146 and 53%, respectively.

    Again the numbers for an otherwise identical lease of a Cayenne S are .00146 and 51%.

    Make sure to take the cash incentive that I mentioned in my previous post into account during your negotiations.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I certainly do, zhecks. Porsche Financial Services' June buy rate lease money factor and residual value for a 36 month lease of a 2011 Cayenne S with 12,000 miles per year are .00219 and 55%, respectively.

    The residual value for a lease with only 10,000 miles per year would be 1% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • sidtsidt Posts: 6
    edited July 2010
    Hi,

    Any ideas on july rates and residuals on the 2011 Cayenne S. Also anyone lease a 2011 recently, what % off MSRP is doable these days.

    Thanks.
  • sidtsidt Posts: 6
    Hi Car_man,

    Curious if you know the july rates and residuals for the 2011 porsche cayenne S?

    Thanks.
  • heikoheiko Posts: 6
    I am also interested in this question. A dealer indicated that the residual for a three year lease is 55% which he said was great but then quoted a very substantial lease payment, which he said was the depreciation plus about $12,000.
    Is the following analysis correct? If a $80,000 car has a 55% residual, the residual would be based upon msrp so it would be $44,000, so there would be $36,000 of depreciation (rent) payments plus interest owed on $44,000 plus misc fees, whatever those would be plus sales tax. In the event the car can be purchased for a discount, then the rent payment portion of the lease would decrease.
    Interest rates are at an all time low, even for a car they cant be that high.
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