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Old 11-16-2004, 04:16 PM   #633
mmm3587
Fast left eighty slippy
 
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Join Date: Apr 2003
Posts: 1,236
Acura

Quote:
Originally posted by NotFromHere
Yes, the base Cayenne is $44,100, but you'd never own that one. Porsche, as typical of Porsche, prices out all options individually. So there are no luxury packages, cold weather packages, sport package deals. Each and every fucking thing added to the price - even power seats. The base model that I priced out ended up being $56k. But still, their lease program is/was 40 months not 36. When I asked the guy to do that math he got all quiet. Let's see, 40 months at $1100 is $44,000. Hm. And the residual was a ridiculous $36k. And that was his 2nd offer. First offer was stupider. We laughed, then we left.

Paint - $495
Wheels - $2190
Partial leather (PARTIAL!!) $2990
Cold weather package (basically heated seats and wheel) $2680
Touring package (6 cd changer, parking assist - yes it comes with a cassette deck otherwise!) $4500
Convenience package (sunroof, xenons) $3860
Yeah, it adds up, but it's pretty cheap to start, and you get to say you own (and be seen in) a Porsche, which has to be pretty important for someone buying a base Cayenne.

Paying $44,000 to own a $56k car for 40 months when that car will be worth $36k afterwards just doesn't make sense. Maybe they just have shitty lease deals, but that's just insane. And considering the cost of a car to be whatever monthly rate the finance guy pushes on you smacks of being taken advantage of. Most any credit union or bank will offer a well-employed person with good credit 3.9% or so financing on a new car, so just go in with a cash offer based on your outside financing. Based on the $56k MSRP (which you probably don't need to pay, anyway), a monthly payment for 40 months which would pay off the entire $56,000 with interest in 40 months is only $1,495. Paying $1,100 a month to have nothing at the end makes absolutely no sense. Either the math is wrong, or Porsche only offer horrendous lease rates.
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