When it comes to upgrading your automotive experience, both buying and leasing offer tremendous benefits. Since both have their own perks, it’s hard to say that one is superior – just that they suit different drivers. If you’re not sure whether you’d prefer to buy or lease your new Porsche, we can help you there.
Our car finance team at Porsche Austin will thoroughly explain the differences to you, and recommend the option that makes the most sense for your lifestyle and budget. What’s more, we have experience as a car dealership that finances bad credit, so we’re prepared to work with any driver. Take a closer look at the perks of buying vs. leasing below!
Financing through Porsche Financial Services means no mileage limitations on your vehicle, may include no up-front cash payment requirement, and keeps you in control of your vehicle’s future once payments are finished.
When you are looking at our Porsche financial services, payments are easy to calculate with our online payment calculator. Use this Porsche lease calculator to find a payment that fits your budget, then apply for financing online with our easy and secure application.
Leasing through Porsche Financial Services provides flexible terms and mileage options to meet your needs. Monthly lease payments are typically lower than retail finance payments when compared over the same term, and lease customers may become eligible for attractive loyalty programs.
Lease-end Protection is also available to enable you to enjoy your vehicle to the fullest until it’s time to return it. Porsche Lease-end Protection makes your lease-end hand-off smooth and simple. And after your lease is done, you can choose to: start a new lease, re-lease your current lease, purchase your current lease, or return your lease hassle-free.
The optional Porsche Protection Plan gives you peace of mind, preserving the appearance of your vehicle and allowing you to simply enjoy the drive. The Porsche Protection Plan suite of optional products helps keep your Porsche vehicle looking its best and performing even better. Coverage terms and monthly payment options are available if you include a multi-coverage package or product in your financing contract. Some of the available options include:
Your APR can be located on the first page of your contract.
If you purchased any optional protection products and believe you have a claim, please check with your coverage provider prior to vehicle return. Any excess wear charges from the final vehicle inspection will be reviewed to determine if lease-end coverage applies. Your final invoice will include details of the coverage benefits applied to your account.
Guaranteed Auto Protection or GAP protections is your primary insurance payout that may not cover the outstanding balance on your vehicle retail contract in the event of a total loss. Make sure you're covered with Porsche Guaranteed Auto Protection when financing your Porsche vehicle, offering protection and security for your investment.
The lease maturity date is the date your vehicle is due to be returned to an authorized Porsche dealer or purchased. Details of the lease maturity date are found in your lease agreement or extension agreement if applicable.
Yes, you will receive several communications from Porsche Financial Services. 180 days prior to your lease-end date you will receive a brochure to help inform you of your lease-end options. 90 days prior to your lease maturity date a Porsche lease-end representative will contact you to present your lease-end options. 60 days prior to your lease maturity date a Porsche lease-end representative will assist you with scheduling a pre-inspection and answer any questions you may have regarding the lease-end process.
The pre-inspection is not required but we do recommend that you take advantage of this complimentary inspection as it provides awareness of any necessary repairs that will need to be made prior to your lease end date to avoid excess wear charges. Repairs must be performed at an authorized Porsche dealer.
Any after-market modifications will need to be removed, and the vehicle will need to be returned to its original condition at the time of lease origination. Any after-market modifications left on the vehicle at return are subject to charge.
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