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I haven't visited this wonderful forum for a couple of years now, but just wanted to add my story of leasing a Cayenne which I think will help all of you who are in the process of leasing/purchasing one. I live in AZ and went to the north Scottsdale dealership and looked for a base model Cayenne back in 2006. In no way should I have even stepped onto the lot there as I knew I couldn't afford to buy a Cayenne or even lease one, but thought was the heck. The sales people pretty much ignored me (I was 32, but looked like 22) but once they did come over, I told them I was just looking. The salesman was very cool though and actually ran some numbers for me. At that point (first time seeing the numbers), it was $4k down and monthly payment of around $750 for a MSRP $51k Porsche Cayenne. Long story short...I walked out as I couldn't afford these payments or the down payment. However, as I immediately fell in love with this vehicle and I noticed it had been sitting on the lot for over 5 months (it was a manual which is what I wanted), I began a process of going into this dealership about once a week for the next 2 months. It was pretty funny as I think they thought I was crazy, but I tell you what, each time I went in the price got lower and lower. I even got to the point twice where they washed the car and had it ready for me, but I didn't sign the docs as I still was trying to get it a bit lower. I did a ton of research on this forum and also just gathered info about how leases worked so I could mush numbers with my salesperson. So anyway, one day they called and said you got to come in as they just "discovered" a new finance leasing deal via a national bank on the car and I couldn't pass this up. It was of course the last day of the month:) So I went in and drove away with my brand new 2006 Porsche Cayenne for $2k down and only $498 per month (not including tax). So in a little over 2 months of time, I was able to save over $11k in payments and down payment for my 39 month lease. So the moral of this story, and I know not everyone can walk into their dealership every week like I did, is that these dealerships have plenty of room to bargain and a ton of back-end deals to make almost any sale profitable, especially in today's economy. So do your homework and be patient and you will save some serious $$$. *Kudos to the dealership in north Scottsdale for putting up with me!
2007 Porsche Cayman, turned in by owner with 5K miles on it Red with tan leather Tiptronic S Preferred Package MSRP = 56K Price = $46,500 39 month lease 56% residual 12K/year mf = .00340 $2,300 negative equity from my Saab trade-in $3,700 total out of pocket at delivery payments of $799/mo I cannot figure out if this is a good deal or not. Sounds good considering the negative equity and the discount on the car, approx. $2k of out of pocket goes to fees (just tags on a Porsche are $850 in AZ!). Not often I can get into a Cayman with tip for $46,500 - but I am just concerned b/c it is fairly stripped down, no Bose, no xenons, no navi, no sunroof. But I would be willing to overlook these things if you told me this was a great deal. Any help Carman???? I probably need to act quick as I already put a deposit on a 2008 Audi TT roadtser leased at $680/mo. Thanks in advance for your help - or anybody else of course! Now if only someone could help me decide between the Cayman and the new TT roadster!!
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