For many drivers, leasing a vehicle is a more affordable option. The monthly payments for a leased vehicle are much lower than the monthly payments for an auto loan. When you lease a car from Porsche Monmouth, you will get several benefits related to your lease terms and loyalty programs.
Four Things to Know When You Lease a Car from Porsche
1. Porsche Offers Great Financial Flexibility
Porsche lease terms are incredibly flexible. You can choose mileage options that work for your lifestyle, term limits that work for your ownership goals, and a custom down payment or security deposit that works for your budget. Porsche even gives drivers the option of a single-pay lease, which allows drivers to make a lump sum payment equivalent to the value of monthly payments over the term of the lease.
2. Porsche Leases Give Value Protection
One of the best benefits of leasing a Porsche is the value protection guaranteed by the automaker. Value protection is crucial since the value of a vehicle changes over time, such as decreasing in value from wear and tear or excess mileage. However, with Porsche value protection, the value of your leased vehicle is set at the time of your purchase. With this pre-set residual value on your car, you will be able to confidently trade in your Porsche for a good price at the end of your lease.
3. Porsche Has Multiple Lease-End Options
At the end of your lease, your Porsche finance experts give you several options. As part of your lease agreement, you can simply return your Porsche to the dealership at the end of your lease. You also have the option of purchasing your vehicle if you’ve fallen in love with your Porsche. The residual value set by Porsche means purchasing the remaining value of your vehicle after your lease is much more affordable.
4. Porsche Leases Provide Peace of Mind
When you have a lease with Porsche, your vehicle investment is protected by Porsche Financial Services. In the event that your vehicle is damaged beyond repair from theft or an accident, Porsche will waive the amount between your remaining lease balance and your insurance settlement. This allows you to get a new vehicle without delay.
Ask Your Porsche Dealer About Penske Premium Leasing
For even greater financial flexibility, you can ask your dealership’s finance experts about Penske Premium Leasing. This lease program allows you to choose lease ranges from 24 to 84 months and explore various lease-end options that work with your car ownership goals. With this program, you can even change Porsche vehicles mid-lease.
Leasing a Porsche gives you several benefits, such as increased financial flexibility and tailored lease-end options. To learn more about applying for a Porsche lease, contact Porsche Monmouth today.
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