Good time to finance a Porsche? Macan or Cayenne

My parents are about to come due on their Audi lease which is leaving them with something like 10k in positive equity at present. They are retiring in the next year and want an SUV for the driving position. Given the current market, it seems as though leasing anything “with a badge” is downright ugly. Historically, Porsches have incredibly high resale value so I’m inclined to tell them to extend their lease and order a Macan or Cayenne. I want to minimize total cost of ownership over 5 years regardless of initial MSRP (within reason). The question is what are lead times on these models at present and which has a higher real world residual?

Why not just have your parents go drive both a Macan and Cayenne and see what they like better, rather than picking one based solely on a bunch of estimates for depreciation and cost of ownership and what not. They’re different trucks and will be expensive either way you cut it.

And lead times will depend entirely on the dealer and their allocations, etc. Could be 2-3 months or it could be 6-8 depending on what the dealer has in the pipeline


Obviously finance (or cash) is typically the way to with Porsche, versus leasing. I’m not sure on the current lead times, but it was 3-4 months from order to delivery for my relative’s Macan S. She had ordered in August or September of last year. The miami blue is an awesome color, though it has since been discontinued IIRC. :ok_hand:


The service of 5 yrs of porsche ownership will be much more than other makers. Even more so vs audicare/included bmw service.

If that part factors in cost of ownership, it may drop the P car a bit compared to competitors.

My dad really doesn’t care what he drives. He’s perfectly happy in a 2007 ford focus, the cheaper the better. My mom on the other hand likes cars with all of the boxes checked and drives maybe 2 miles every day so driving dynamics are not at all important. They’ve put only 15,000 miles on their leased Audi in the past 3 years so maintenance is not much of an issue either. My thinking is this: Say the truck costs 90k with a 70% residual after 3 years: 27k in depreciation-10k in equity= 17k over 3 years = $472/month or a well equipped Macan base with the same figures at 80k results in 14k over 3 years= $388/month. The benefit of the Cayenne is that is can be used as a section 179 deduction. This is a very much shop the deal not the car situation. I just want to optimize for the actual residual value and trim level.

if your looking at trims, i’d go for the cayenne hybrid and capture the $7500 rebate. To add, the residual on them is 59% as set by PFS. real world residual will be at least around 65%. Build times can vary and your looking at 100k minimum.

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If he would be happy in an old focus why are you looking at a Porsche ? Finance a new suv from Honda , Toyota, etc. You could get a high trim model with tons of gizmos and etc for still way cheaper than anything Porsche.

No one is financing a new Porsche because it’s a good value. There is no way this is cheaper long run than getting a lower msrp car that they will likely enjoy the same amount. It’s also way less risky if the market for cars does tank in that time period.

I get what you’re after, but trying to pinpoint the values of these in 3 or 4 years time as the sole basis of the purchase decision is a fool’s errand. They’ll be similar, it’s not as if say the Macan has real world residuals in the 80’s while the Cayenne is in the 50’s, or anything like that.

About the only thing you can do is run a few scenarios using the same % for both and see what it looks like. Tax issues notwithstanding I don’t think there’s any world where a $90k Cayenne will cost you less than a $60k Macan.

Ah, the ol’ spending dollars to save dimes approach.


Agree. What kept going through my mind when I was reading OPs analysis is what if something happens? If your mom is rearended? From what I understand a car that has been hit is not worth the same as a car that has not been hit. I do not know the difference in actual value but that might be worth checking. Frankly I have never understood the desire of the oldest generation to drive SUVs as I find sedans so much less work to drive but to each his or her own. As for the 179 deduction, while I am not an accountant and am not familiar with it, according to this article from Balboa (I am not familiar with them, they came up on a search for 179 deductions) any passenger car used in business is potentially partially deductible depending on how it is used and other limitations, although there seems to be a difference based on weight over 6000 lbs or under Section 179 Vehicles for 2022 | Balboa Capital Again, this is something to discuss with the parents’ financial adviser or accountant as the article makes indicated this issue is complicated. Also, according to the article there are caps on how much can be deducted in the first year and they do not approach the price of a Porsche. I am not sure I understand why the Cayenne is deductible as opposed to other cars?

Personally, if they want an SUV I would get the cheapest luxury one with the most safety features that would make mom happy and she is comfortable driving. Even if it is only 2 miles a day, you want her to drive those miles safely and comfortably. While I think she probably does not want to go from an Audi to a Honda, maybe an RDX, Lexus SUV, one of the BMWs may be good. Also Costco is having a promotion on the Audi A8

I think the larger question is if your parents are retiring in a year, why buy a Porsche? Fixed income would generally gravitate towards something reliable, easy/cheap to fix, low maintenance costs, etc. I would imagine that a Porsche wouldn’t check many of those boxes.

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I find this statement a bit puzzling but that’s literally the thing you have the least control over, no?

Yes, 911s have insane resale value. I don’t know if that applies to Cayennes and Macans.

Also, even if you rarely drive the car, I assume the onboard computer will recommend maintanence at a minimum of yearly intervals.

Don’t Lexuses also have high resale value? Why not an RX? It’s customer made for older people who want a nice ride and a relatively luxurious interior. Should be way less expensive to maintain.

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What is really comes down to is that my mom wants what she wants and that is a car with name recognition that is an upgrade from her fully loaded (and I mean fully loaded A6) and while my dad is the head of the family she is the neck which turns the head whichever way she wants. My dad in his retirement wants to do an occasional road trip to Yellowstone and living in the Midwest SUVs are great for snow. They want a 2 row SUV with self driving, ventilated seats, massaging seats, and surround view cameras to drive for 3 years. They do not view anything Japanese/Korean as “good enough”. This boils it down to a RRS PHEV, Q8, Macan, Cayenne, X5e or GLE. Both of my parents have done pretty well investing, and my dad’s pension is 80% of what he makes currently and will be doing consulting work to keep himself busy for the next 3-5 years so that is where the section 179 comes into play. The variables here are the tax implications, the $7500 fed rebate, and the residual value. When the market drops, and there is no question it won’t, the residual value of almost all of their options will plummet however the Porsches tend to hold their value hence the consideration of the Macan/Cayenne.

I see this is tagged IL.

Our neighbor (in Ohio) has a Macan, but on snowy days he seems to take his wife’s RX to work.

[it’s hard not to be nosy when my office is on the ground level facing the street. :neutral_face: ]

Maybe it’s a coincidence, but it had me wondering if the Macan sucks in snow.

It could very well do with summer/all season tires.

You can’t just “less my 10k equity” to magically arrive at a lower TCO.

Money is money. You can sell your leased Audi and walk away with a check. That’s the same money as anything else.

Plus you forgot tax on the purchase price, which needs to be factored into your depreciation.


Could be. Just something to rule out, if you haven’t already.

Not everyone who retires has to eat Meow Mix for dinner. :slight_smile:

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Porsche and loaded don’t tend to go well together. Think any of those comparable models you listed will be significantly cheaper.

If they don’t care about driving experience then Porsche shouldn’t really be a consideration IMO. That is what you are paying a premium for and if it doesn’t matter to them, you’re just lighting money on fire.

Not a knock on Porsche just no one is really getting one for value. They’re getting it bc they want the experience.

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Where tf is Wam I’m this conversation. @wam22