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2019 Cayenne Base Is this a good lease deal?

Cakewalk5041Cakewalk5041 Member Posts: 3
edited July 2019 in Porsche
2019 Cayenne Base. MSRP $81,100. Selling price $75,000 even
39 month lease with 10k miles a year. Drive off with only first month payment of $1249
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Answers

  • MichaellMichaell Moderator Posts: 262,330
    Cakewalk5041 said:

    2019 Cayenne Base. MSRP $81,100. Selling price $75,000 even
    39 month lease with 10k miles a year. Drive off with only first month payment of $1249

    What is your ZIP code?
    Do you have the adjusted cap, with the fees and such rolled in?

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • Cakewalk5041Cakewalk5041 Member Posts: 3
    Thanks. Zip is 20854. No cap reduction. All fees, taxes, tags etc rolled in. All I pay is 1st month lease
  • Cakewalk5041Cakewalk5041 Member Posts: 3
    Negotiated 9% off MSRP for a base 2019 Cayenne on dealer lot. Comments on if this is a good deal?

    If I have the cash should I purchase or lease? I have $32k of equity on my Macan S I can use towards purchase or finance
  • MichaellMichaell Moderator Posts: 262,330
    Cakewalk5041 said:

    Thanks. Zip is 20854. No cap reduction. All fees, taxes, tags etc rolled in. All I pay is 1st month lease

    Do you know the adjusted cap?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 262,330
    edited July 2019
    Cakewalk5041 said:

    Negotiated 9% off MSRP for a base 2019 Cayenne on dealer lot. Comments on if this is a good deal?

    If I have the cash should I purchase or lease? I have $32k of equity on my Macan S I can use towards purchase or finance

    We don't track pricing; use this link to help:
    https://www.edmunds.com/tmv.html

    We do not recommend you use trade equity to buy down your lease payment; if the car is stolen or totaled, you'll lose that money.

    No issues using the equity on a purchase, however.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • jstein1221jstein1221 Member Posts: 71
    Hi all, can someone assist with telling me if the numbers I received on a 2020 Cayenne S are good?

    MSRP: $74,290
    Selling Price: $70,575
    Money Factor: .0028
    Residual: 58%
    12,000 Miles
    36 Months
    At signing: $6,708
    Monthly Lease: $1,023
    Zip: 10577

    Thanks!
  • kyfdxkyfdx Moderator Posts: 265,728
    jstein1221 said:

    Hi all, can someone assist with telling me if the numbers I received on a 2020 Cayenne S are good?

    MSRP: $74,290
    Selling Price: $70,575
    Money Factor: .0028
    Residual: 58%
    12,000 Miles
    36 Months
    At signing: $6,708
    Monthly Lease: $1,023
    Zip: 10577

    Thanks!

    My lease variables don't match up with those you have been quoted.
    I show 55% residual.

    But, assuming your numbers are right, the quote looks to be in the ballpark.
    Do you have the adjusted CAP cost?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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