Hi All -
I’m exploring leasing a CPO '23 Macan GTS that was just returned from lease. Dealer says it is leaseable… Instead of asking for a quote, I’d like to send them an informed and ‘based on reality’ offer. How do I find the RV and MF for an older model P-Car?
Thanks in advance for your guidance.
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Residual comes from PFS as Im told by most cpo reps. Mileage plays a big part and then the APR which will be high. So as @zaimer said don’t waste your time. You probably will have a better shot at a 2023 cayenne gt.
Thanks for the responses! I appreciate the reality check.
The GTS holds its value really well, so you will see a 20%-30% spread between the selling price and RV over 12-24mo. So if you are okay with a payment in the mid to high teens plus TTL, there are options available.
I hope you won’t pay mid to high 10s plus TTL for this car.
What @wam22 said, plus, since it holds value, you’re better off buying it, you’ll get a rate much lower than the lease.
Thanks for all the input!
I’m open to purchasing/financing… But, I don’t think I’m interested in continued ownership after the CPO period is up.
The dealer also has a CPO Cayenne Coupe Turbo and GTS. Are the lease numbers on those less ‘harsh’ compared to the Macan?
You can join Super Supporter here or go to Edmunds lease forums to get an idea of RVs and MFs for new models…for their stuff generally the RV’s are low and MF’s high…bad combo!
PFS changed CPO leasing programs earlier this year, so it is tough to find nice cars that lease for a reasonable price. I’m seeing low to mid-teens for Cayenne S and Cayennes right now. GTS/Turbo will be in the high teens into the $2000s. Maybe you get lucky and find one in the mid-teens.
With CPO, you have to ask the dealer for a lease quote. The info isn’t readibly available to the public, even on forums. I would also suggest checking broker threads on here for comparable leases, or @IAC_Scott has access to CPO leases.
Thank you! Very helpful.
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