Financing with a traditional loan usually happens through a financial institution. This is often a bank, but it could also be a credit union or alternative lender. Your credit score helps to determine the down payment, monthly installments, loan terms, and more.
Our service team's efficiency will help you close the deal and drive home in the Porsche of your choice near Rye. If you want to drive home in a Porsche coupe, you might start your search by test-driving the 718 Cayman GT4, for example.
Here is an overview of the key differences between a traditional loan and a lease program:
- Lease contract: A lease contract can open the door to your preferred Porsche trim level. Lease contracts often come with a low monthly payment, which might enable you to upgrade. For example, if you like the sports saloon model, you might be able to get into the Panamera 4 Platinum Edition trim by leasing.
This can be a very attractive option, but there are some caveats. First, you must comply with the limits on how many miles you can drive each month. No modifications or customizations to the vehicle are allowed. At the end of the lease period, you can extend the lease.
- Loan terms: A traditional loan will be granted through your preferred financial institution, bank, or credit union. At the end of the loan period, you will be the owner of the vehicle. There are no limits to the number of miles you can drive every month, and you can modify or customize the Porsche any way you like. However, you are also responsible for all the maintenance and repair costs.
