I plan to order my Cayenne and have a question. Assuming my purchase price is $50000 and I am putting $0 down, the Porsche website is quoting me a figure of $803 on Preferred Lease and $778 on Porsche Option lease (6% rate) on 12,000 miles/year for 36 month.

Do you guys think that this is the figure I will get when I finally place my order or is there a room for negotiation here? When I leased my Z-4 in 2005 I got a quote of $625; the mileage, time period and cost were similar to the Porsche I am planning to lease.

 

there are 2 factors; the money factor and the residual.. depends on what the current rate is.. but with my experience if it's a newer model youre better off using usbank.. Porsche money factor is always in the .00330 to .00350 range.. when I bought my 08 S in March,usbank gave me .00200

Check with Lease compare on the current rate they are always spot with Porsche Financial's rate..

 

Always negotiate the purchase price down as much as possible. Shouldn't be too difficult right now with the economy, gas prices, etc. This will ensure a lower payment, regardless of your residual or money factor.

You can also look at increasing/decreasing both the mileage allowance and lease terms. For example, a 4-year lease would be less than a 3-year, all other factors being equal.

Good luck!