Benefits of Leasing and Financing a Porsche in New Jersey
When shopping for a Porsche, you ask a lot of unique questions. How much power is right for you? Do you need the Sport Chrono package? Do you go for GTS or Turbo S? Manual or PDK?
One question that isn’t unique to buying a Porsche: do you finance or lease?
As with the other questions, there’s no wrong answer. Financing and leasing both have their own advantages, and your choice will likely boil down to personal circumstances. We want to help you decide by going over the benefits of leasing and financing, as well as addressing the particulars of Jack Daniels Porsche Financial Services.
Financing vs. Leasing a Porsche in Upper Saddle River
Even among our customers, it’s exceptionally rare for someone to pay off the full price of a car all at once. Both leasing and financing allow you to make reasonable monthly payments on your Porsche. The key difference is who owns the car in the end.
When you buy or finance a car, you’re paying with the intent to own that car after you’ve paid off your balance. If you choose to finance, our staff will help you get a loan to cover the cost of the vehicle, which you will then pay off over several years.
Benefits of financing a Porsche include:
- Fewer costs up front
- No mileage limit – you own the car, so drive it to your heart’s content
- Cover maintenance at your own pace (but it’s still a good idea to stick to the recommended schedule)
- Personalize your Porsche with modifications and accessories
Remember: even though you’re paying to own a car, you will want to sell it or trade it in at some point. You need to protect your investment and have it serviced regularly. Keep your car clean and running smoothly if you want a better deal down the line.
If you decide to finance, make sure you ask about the many Porsche financial incentives and offers we run.
When you lease a Porsche, you have to return it to our dealership at the end of your contract. Similar to renting an apartment, you’re paying to use the car for a previously agreed upon length of time, usually 2-3 years. You also agree to take good care of the Porsche during that time.
The benefits of leasing a Porsche are:
- Lower monthly payments
- No need to worry about resale value
- When your contract ends, you can turn in one model and sign a lease on a newer or different model
- You can terminate your lease early if you don’t like the car
Leasing is an ideal solution for people who don’t want to commit to one car for a long period of time. This option is well suited to someone who needs a car for a shorter length of time. If you do fall in love with the car you lease, you can discuss “lease to own” options with our financial advisors.
We also encourage you to look at our monthly Porsche lease deals. It’s worth checking to see if you can save on the model you’re interested in.
No matter what you decide to do, the Jack Daniels Porsche Finance team will be there to walk you through the process, step by step. You know where to lease your next Porsche, now let us tell you how to lease it with the best rate. Look at our New Porsche Specials and then schedule a visit at our dealership.
Jack Daniels Porsche is part of a family owned business that has satisfied more than 40,000 customers. We welcome visitors from Upper Saddle River, Jersey City, Paramus, and New York City, so if you live in the Tri-State area, we hope to see you soon.