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When you are so eager to feel the power of a Porsche speeding into the horizon, why wouldn‘t you make the entry process as streamlined as possible? By entering into a Porsche Preferred Lease, you receive a collection of benefits that only make every drive that much more exhilarating.
Smart and simple reasons to lease your Porsche
With flexible terms, mileage options, and no required security deposit, our Preferred Lease can be customized to meet your lifestyle. If you want even more flexibility, you can choose the single pay lease option to avoid the necessity of monthly payments by making one lump sum payment, which typically is lower than the sum of conventional lease payments.
Compared to retail finance, leasing generally offers lower monthly payments because your payment is based only on the portion of the vehicle that you use. This allows for additional financial flexibility, or the ability to upgrade your vehicle.
In most states, tax is not applicable toward the residual value portion of the vehicle, whereas with a cash or finance purchase, the full sale price (or value) of the vehicle is taxable. Additional tax benefits may be available if the vehicle is utilized for business purposes. Consult with your dealer or tax professional to see how you might benefit.
Economic and other outside factors can affect the value of any vehicle over time. With a lease, the uncertainty of resale value at lease-end is eliminated for you, because the vehicle residual value is set in advance.
At lease-end, if your vehicle is worth more than the residual value, you may choose to purchase the vehicle at the residual value, or potentially use any equity toward your next purchase. If the vehicle is worth less than the residual value, you also have the choice of turning it in. There are various choices at lease-end, and they are all yours.
Drive with confidence knowing that if your vehicle is deemed a total loss resulting from an accident or theft, Porsche Financial Services will waive the amount between your insurance settlement and the remaining balance owed on your lease2, leaving you free to focus on your next exciting drive.
Leasing is an easy way to regularly exchange your vehicle, maintain constant warranty coverage2, and take advantage of the latest products; without having to trade (or sell) your vehicle in order to move on to the next one. Furthermore, toward the end of your term, you may be eligible for loyalty offerings that put you into a new Porsche even faster. The benefits all add up to a luxurious ownership experience.
Pay only for the vehicle you use and let us get you on the road behind the wheel of a Porsche, where you both belong.
1If the lease term coincides with the length of the manufacturer’s coverage. 2Subject to compliance with all terms and conditions of the lease agreement.
If you are a current Porsche Financial Services customer who is ready to upgrade, switching out to a new model you’ve had your eyes on has never been easier. See program features below.
1 Porsche Financial Services, Inc. (PFS) End of Term Lease Loyalty Program Offer (EOTLLP) Terms and Conditions: Qualifying customers are eligible for a waiver of up to 3 payments under an existing PFS lease agreement, depending on the number of payments remaining, upon vehicle turn-in when customer executes a new PFS lease or finance contract for an eligible Porsche vehicle. Certain qualifying customers may be eligible for a waiver of up to 12 payments, depending on vehicle model and year of existing lease and vehicle model and year of new lease. The number of monthly payments waived is based on the remaining term of the existing PFS lease agreement. The maximum number of payments waived will depend on the vehicle model and year. The amount of each monthly payment waived is set forth under the customer’s existing PFS lease agreement. Maximum amount of each individual monthly payment waiver is $2,500. If the monthly payment is greater than the maximum amount, the customer will receive the $2,500 waiver (customer is responsible for any difference between the waiver and the monthly payment). Not all vehicles qualify, please contact your authorized Porsche dealer for vehicle eligibility. Existing PFS lease agreement with an original term of less than 24 months is not eligible for the program. Customer must return existing lease vehicle (see existing lease agreement for return details) concurrent with entering into a new PFS lease agreement or PFS finance contract. Customer is responsible for satisfaction of all other terms and conditions of the existing lease agreement (excess mileage, excess wear, late charges, past due or non-waived payments, and any other fees or charges owed under the contract). The PFS EOTLLP is only applicable to scheduled payments on the existing lease agreement due on or after the new PFS contract date (single pay lease customers are not eligible). Past due payments are ineligible for the EOTLLP offer. Upon vehicle return, PFS will waive the disposition fee. The PFS EOTLLP cannot be redeemed as cash, nor can its value be applied or credited towards the new sale, lease, or finance transaction. Limit one PFS EOTLLP offer per specified customer account. PFS EOTLLP is non-transferable. Contact your Porsche Charleston for details.