Many people aren’t sure if they should lease or finance a vehicle when they visit our Porsche dealership in Florida. With that in mind, we thought it would be a good idea to discuss each option in a little detail so you have a better understanding of each one.
Leasing a car is akin to renting one for a set period of time such as 36 months. While you may be able to lease an automobile with no money down when you sign your lease, you won’t own your car at the end of the lease period. One of the biggest advantages to leasing a vehicle is that you may be able to write off your car payments on your federal taxes if you use your car for work purposes more than 50 percent of the time. If you value access to the newest comfort, tech, and safety features in your vehicle and don’t drive long distances on a daily basis we recommend leasing.
When you finance a car like the 2017 Porsche Panamera, you’ll make monthly payments just like you will if you lease one. At the end of your loan period, you’ll own your automobile outright. In the meantime, the financial institution that loaned you money to pay for your car will hold the title to your vehicle. Financing a vehicle is ideal if you don’t want to worry about mileage limits.
There are plenty of choices to make when you’re buying a new luxury car. When you visit our Porsche dealership near Fernandina Beach, FL, we’ll help you with each and every one of them. Stop by Porsche of Jacksonville today! We’ll be happy to set you up on a test drive.