Some info on current Cayenne lease rates
#1
Some info on current Cayenne lease rates
Got a quote on my incoming CS today..
US bank Money factor is .00202 compared to porsche's .00330
Just FYI for people leasing 08's
Residual is about the same..
So here's an example..
example of a car with $70K pursche price
let's say 0 down minimum drive off.. have to be tier1 credit
Depreciation => 70,000 - (56% or $39,200) /term(36mo) = $855
us bank rate (70,000 + $39,200) X .00202 = $220
porsche rate (70,000 + $39,200) X .00330 = $360
us bank payment = $1075/month + tax (36 months)/ $887/month(60 months)
porsche payment = $1215/month + tax (36 months)/$1013/month(60 months)
Residual on 36months is 56%, 41% on 60 months
Enjoy.....
US bank Money factor is .00202 compared to porsche's .00330
Just FYI for people leasing 08's
Residual is about the same..
So here's an example..
example of a car with $70K pursche price
let's say 0 down minimum drive off.. have to be tier1 credit
Depreciation => 70,000 - (56% or $39,200) /term(36mo) = $855
us bank rate (70,000 + $39,200) X .00202 = $220
porsche rate (70,000 + $39,200) X .00330 = $360
us bank payment = $1075/month + tax (36 months)/ $887/month(60 months)
porsche payment = $1215/month + tax (36 months)/$1013/month(60 months)
Residual on 36months is 56%, 41% on 60 months
Enjoy.....
Last edited by alex911s; 04-12-2007 at 09:32 PM.
#7
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#12
Originally Posted by GoldenPEPPA
otoh, if I keep my 2006 Cayenne... I can lease a 997, have wifey drive Cayenne for the same $$ as a CTT.
#13
Originally Posted by GoldenPEPPA
otoh, if I keep my 2006 Cayenne... I can lease a 997, have wifey drive Cayenne for the same $$ as a CTT.
I'm planning on getting my wife into the Cayenne but she keeps complaining about driving too big a vehicle- she wants to keep or get a new Audi. Things are going to get interesting real soon on this discussion.
Where do you find the best rates on a used car?
#14
Originally Posted by BobbySpeed
Drove a 997 , then drove a 993 C4S (again)- there really is something special about that 99-, and your right BD, the 997 did nothing for me either.
I'm planning on getting my wife into the Cayenne but she keeps complaining about driving too big a vehicle- she wants to keep or get a new Audi. Things are going to get interesting real soon on this discussion.
Where do you find the best rates on a used car?
I'm planning on getting my wife into the Cayenne but she keeps complaining about driving too big a vehicle- she wants to keep or get a new Audi. Things are going to get interesting real soon on this discussion.
Where do you find the best rates on a used car?
#15
Originally Posted by BD 997
Get her an A4... great car and affordable... look @ autotrader or cars.com manyh good deals there.... good luck!