2020 Porsche Cayenne Lease Deal Assistance

sixsigma43

2020 Porsche Cayenne E-Hybrid AWD

MSRP: $123,790

Looking for invoice.

Lease money factor at buy rate

What expected lease payment should be based off zip code 92130, 3yr / 12k miles per year , 3 yr / 15k miles per year.

kyfdx

sixsigma43 said:

2020 Porsche Cayenne E-Hybrid AWD

MSRP: $123,790

Looking for invoice.

Lease money factor at buy rate

What expected lease payment should be based off zip code 92130, 3yr / 12k miles per year , 3 yr / 15k miles per year.

.00200 MF

Is this the SUV or the Coupe?

If that is the MSRP, you are going to get killed on a lease.
The MRM is below $100K

sixsigma43

Ok. So here is how bad it is so far.

The money factor is .00260 and the residuals are $55,689 (12k a year) and $53,735. (15k a year)

There is a $6712 federal tax credit on the Cayenne Hybrid which can be applied as a cap reduction on a lease.


With $4200 drive offs, the 12k monthly is $2354 and the 15k is $2409

sixsigma43

Also it is the SUV

kyfdx

sixsigma43 said:

Ok. So here is how bad it is so far.

The money factor is .00260 and the residuals are $55,689 (12k a year) and $53,735. (15k a year)

There is a $6712 federal tax credit on the Cayenne Hybrid which can be applied as a cap reduction on a lease.


With $4200 drive offs, the 12k monthly is $2354 and the 15k is $2409

36/15
.00200 MF and 55% residual

MRM = $97,700.

$53735 is the correct residual for 36/15

Without an MRM, the residual would be $68084.
So, that's an extra $400/mo., right there.
The money factor markup adds $100/mo.

If you are paying full sticker, minus the rebate, that puts you around $2200 + tax. (which more or less matches their quote).

If you found a unit that had an MSRP that matched the MRM, and with no discount except the rebate, your payment would be $1400/mo.+tax.

I know Porsche options are nuts... but, I'd either find one that stickers under $100K, or pick a different vehicle.

RRSPORTHST

so just to understand (i’m a bit new at this) If you can get a discount off the MSRP, you are helping close the gap on the MRM?

IE Cayenne coupe e-hybrid 120K MSRP with a MRM 101K~
-6.7K - (Electric vehicle tax credit/rebate)
-9.6K - 8% off MSRP

now you’ve closed the gap to.. 2.7K... (103.7K)

so on a 36 month.. that would only increase your payment by... $75 a month?

kyfdx said:

sixsigma43 said:

Ok. So here is how bad it is so far.

The money factor is .00260 and the residuals are $55,689 (12k a year) and $53,735. (15k a year)

There is a $6712 federal tax credit on the Cayenne Hybrid which can be applied as a cap reduction on a lease.


With $4200 drive offs, the 12k monthly is $2354 and the 15k is $2409

36/15
.00200 MF and 55% residual

MRM = $97,700.

$53735 is the correct residual for 36/15

Without an MRM, the residual would be $68084.
So, that's an extra $400/mo., right there.
The money factor markup adds $100/mo.

If you are paying full sticker, minus the rebate, that puts you around $2200 + tax. (which more or less matches their quote).

If you found a unit that had an MSRP that matched the MRM, and with no discount except the rebate, your payment would be $1400/mo.+tax.

I know Porsche options are nuts... but, I'd either find one that stickers under $100K, or pick a different vehicle.

kyfdx

RRSPORTHST said:

so just to understand (i’m a bit new at this) If you can get a discount off the MSRP, you are helping close the gap on the MRM?

IE Cayenne coupe e-hybrid 120K MSRP with a MRM 101K~
-6.7K - (Electric vehicle tax credit/rebate)
-9.6K - 8% off MSRP

now you’ve closed the gap to.. 2.7K... (103.7K)

so on a 36 month.. that would only increase your payment by... $75 a month?

kyfdx said:

sixsigma43 said:

Ok. So here is how bad it is so far.

The money factor is .00260 and the residuals are $55,689 (12k a year) and $53,735. (15k a year)

There is a $6712 federal tax credit on the Cayenne Hybrid which can be applied as a cap reduction on a lease.


With $4200 drive offs, the 12k monthly is $2354 and the 15k is $2409

36/15
.00200 MF and 55% residual

MRM = $97,700.

$53735 is the correct residual for 36/15

Without an MRM, the residual would be $68084.
So, that's an extra $400/mo., right there.
The money factor markup adds $100/mo.

If you are paying full sticker, minus the rebate, that puts you around $2200 + tax. (which more or less matches their quote).

If you found a unit that had an MSRP that matched the MRM, and with no discount except the rebate, your payment would be $1400/mo.+tax.

I know Porsche options are nuts... but, I'd either find one that stickers under $100K, or pick a different vehicle.

The MRM puts a CAP on the residual. A bigger discount will save you money on any lease, but it doesn't mitigate the damage from picking a unit that is over the MRM, as the residual is still capped.