July 2008 Lease Rate for 08 Porsche Cayenne

July 11th, 2008 by G

2008 Cayenne V6 4WD
24 Month – Residual 59% of MSRP – .00260 Base Rate
36 Month – Residual 58% of MSRP – .00260 Base Rate
48 Month – Residual 44% of MSRP – .00260 Base Rate
60 Month – Residual 37% of MSRP – .00260 Base Rate

2008 Cayenne S 4WD
24 Month – Residual 55% of MSRP – .00260 Base Rate
36 Month – Residual 52% of MSRP – .00260 Base Rate
48 Month – Residual 40% of MSRP – .00260 Base Rate
60 Month – Residual 33% of MSRP – .00260 Base Rate

2008 Cayenne Turbo 4WD
24 Month – Residual 52% of MSRP – .00260 Base Rate
36 Month – Residual 45% of MSRP – .00260 Base Rate
48 Month – Residual 37% of MSRP – .00260 Base Rate
60 Month – Residual 30% of MSRP – .00260 Base Rate

2008 Cayenne GTS Manual 4WD
24 Month – Residual 52% of MSRP – .00260 Base Rate
36 Month – Residual 49% of MSRP – .00260 Base Rate
48 Month – Residual 37% of MSRP – .00260 Base Rate
60 Month – Residual 30% of MSRP – .00260 Base Rate

2008 Cayenne GTS Tiptronic 4WD
24 Month – Residual 52% of MSRP – .00260 Base Rate
36 Month – Residual 49% of MSRP – .00260 Base Rate
48 Month – Residual 37% of MSRP – .00260 Base Rate
60 Month – Residual 30% of MSRP – .00260 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: I wouldn’t lease a Cayenne this month. Not only are the money factors unattractive (.00260 across the board), the residual is really low, making this a pretty expensive lease considering it’s price tag. A better option could be the X5, or better yet, the Escalade and the Land Rover seem to lease for significantly less. (OMG!!! I recommended a GM and Ford over a Porsche and BMW!!!!)

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Posted in *Monthy Lease Rates, Porsche

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