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2020 Porsche Cayenne Lease Deal Assistance
sixsigma43
Member Posts: 8
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.
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.
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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
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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
.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.
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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?
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