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2015-06-13
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If it is over 15,000 it starts to look better and better for buying versus leasing. You can pre-cum extra miles, but it costs a fair bit. ... In the end, we love getting a car back that is reasonably new, has relatively low miles, has been maintained well (preferably by a Porsche dealer).
Monthly lease payments are generally less expensive than monthly car loan payments. However, with each loan payment, you can build up equity for the future when you decide to sell it or trade it in. Buying a vehicle and driving it for several years after you pay it off can be the cheapest way to own a car.
Leasing Pros: You have lower monthly payments with a low or now down payment. You can drive a better car for less money. You have lower repair costs because you are under the vehicle's included factory warranty. Furthermore, you can more easily transition to a new car every two or three years.
Drawbacks of Leasing The biggest drawback of leasing is that you aren't building up any equity in your vehicle. ... If you can't do that, the lease rate will go up, or you'll be stuck paying expensive mileage penalties at the end of your lease. Drivers who lease will also have to take very good care of their leased cars.
Expensive in the Long Run. When you lease, you're basically paying for the use of the vehicle for the first 2 or 3 years of its life — when the car depreciates the most. ... Limited Mileage. ... High Insurance Cost. ... Confusing. ... Hard to Cancel. ... Requires Good Credit. ... Lots of Fees. ... No Customizations.
These Porsche leasing deals require between roughly $5,400 and $11,200 upfront, depending on the model, and monthly payments vary between $699 and $1,299. Porsche's leases are typically for terms of two to three years.
With our Preferred Leasing Program, you can achieve your goal of driving a Porsche and make a dream come true. The Porsche Preferred Lease provides flexible, attractive terms and reasonable monthly payments on new and pre-owned (up to five model years old) Porsche models.
The new 2019 Cayenne: MSRP $74,740. Lease for $879 per month. Porsche Atlanta Perimeter is pleased to offer this brand-new generously equipped 2019 Cayenne.
Leasing. ... With our Preferred Leasing Program, you can achieve your goal of driving a Porsche and make a dream come true. The Porsche Preferred Lease provides flexible, attractive terms and reasonable monthly payments on new and pre-owned (up to five model years old) Porsche models.
Because there's less depreciation with a pre-owned vehicle, you can expect used-car leases to require less due at signing, have lower monthly payments, or both. You Can Get a Better Car: Leasing a used car can also allow you to get your dream car. ... Most used vehicles available for leasing are certified pre-owned cars.
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