Is the Cayenne really selling as good, as Porsche says?
We investigate
This was sent to us by one of our spies trracking Cayenne inventory and deals across the US.
001,
Your last edition noted to to buy a 2003 Cayenne because of the 2004 had much higher residual. You talked about being careful which year you buy.
Here in the Washington DC area, the four Porsche dealers must have around 75 unsold new Cayennes in stock between them. One had a 39 month deal in the Saturday ads today for $749. Another had a $579 48mo offer: you guessed it, it was for a '04. The high '04 residual and dealers ready to move the cars (that dealer, when I called, said he had over 30 on his lot alone) has go to bring prices way down. Somebody with a lease calculator and the actual numbers could figure the details, but I read the higher depreciation as saying that one should not pay much more than invoice for either year.
The dealer with the $579 ad is hbloftysons.com; the $749 place is mileone.com.
If two people call up one car dealer and get the same answer, it will be a miracle.
Still, inventory around here is amazing. More than 30 Cayennes at HBL, 22 at Mileone, and 16 at Rockville P+A, and I don't know about Porsche of Arlington, another big dealer around here without inventory online. Almost half of Mileone's on line inventory is Cayennes (22 of 46), and the same with Rockville Porsche (16 of 35 or so) It's hard to search Rockville's online inventory cause the Cayennes are hidden: search for brand "Porsche" and you get the boxsters and 996s, you have to know to search for "Por" as a brand for you to get the Cayennes). Likewise with HBL, which has one or two under Porsche, but search under "Po" and you'll find another thirty.
Thanks for your site!
T
Lot's of Cayennes on autotrader as well...click here to view all of them
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