What You Need to Know Before Leasing a New Porsche

Have you been trying to decide if you want to lease a new Porsche? There are lots of benefits to leasing, although it isn’t for everyone. Porsche Jacksonville is outlining everything you need to know before you lease a new Porsche model.  

Benefits of Leasing

When you lease a vehicle, you agree to use it for a predetermined amount of time and then return it to the dealership. Since you’re technically only borrowing the vehicle, leasing is much more affordable than financing a vehicle. Plus, you’ll be consistently upgrading your vehicle every few years, so you’ll always have the newest designs and technology, as well as a reliable vehicle.

Setting Your Terms

Leases include many parameters and it's important that you set yours carefully. For example, leases come with a mileage allowance. You could owe penalty fees for exceeding yours, so it’s important that you carefully consider how much you drive before signing your contract. Your lease contract will also include other factors such as the length of your lease, your lease-end options, and more.

When to Consider Financing

If a mileage allowance is a concern for you, leasing may not be the best fit. Also, when you lease, you can’t customize a vehicle, so if you want to modify a vehicle with aftermarket parts and accessories, you’ll need to finance one (unless they’re easily removable). While leasing is typically more affordable upfront, the costs can outweigh financing down the road, since you’ll always be making a lease payment. If you want to build up equity and work towards ownership, financing is best.

Lease a New Porsche Vehicle in Jacksonville, FL

It’s easy to secure a new lease at Porsche Jacksonville. We also offer a convenient financing process, if you prefer. Stop by our dealership to discuss your options today!