When looking for a new luxury car, you have two choices for taking it home: buying or leasing. Leasing is viewed as a more affordable, flexible option compared to purchasing, and it features several benefits. This guide answers some of the most common questions our customers have about a Porsche lease here at Porsche Silver Spring.
What Does Leasing Mean, Exactly?
When you lease a car, you only pay for its usage for the duration of your lease contract. Whereas when you purchase, you pay toward the entire sticker price of the vehicle. It’s comparable to a long-term rental, with most terms lasting one to three years.
Why Should I Lease Instead of Buy?
One of the main reasons to lease a car is the flexibility it offers. You are only obligated to drive this vehicle for the duration of the lease agreement. Once your contract is up, you then have several options:
- Sign a new lease of the vehicle you’d been leasing
- Buy the vehicle you’d been leasing at a predetermined price
- Start leasing a different Porsche model
- Turn in your keys and walk away
Does Porsche Offer a Leasing Program?
At Porsche Silver Spring, we proudly partner with Porsche Financial Services. When you lease through Porsche Financial Services, you have access to flexible terms and yearly mileage options, in addition to two exclusive programs: Lease Loyalty Waiver Program and End of Term Loyalty Program.
Lease a New Porsche Today
If you have any other questions about leasing or would like further clarification, feel free to contact our Porsche dealership in Silver Spring, MD. We look forward to assisting you with your new Porsche lease soon!
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