Saturday, June 29, 2013

About Leasing a Porsche

Leasing a Porsche is just like leasing any other vehicle. You need to do your research before heading down to the dealership. Online is a good place to begin research. Checking current market values, lease specials and cash back offers will help you in getting a lease deal that suits your needs.

Online Research

    Begin by checking websites such as http://www.edmunds.com and http://www.cars.com to find what others are paying for the same Porsche you are looking for in your area. Edmunds has a "What others are paying" tab. The website also provides a list of incentives, current money factor (the interest rate used for the lease) and residual values that will give you tools when you begin negotiating.

Dealer Visit

    Before you begin asking for quotes for a lease, you should head down to your local dealer and take a vehicle out for a test drive. Make sure that it suits your needs. Also, while you are at the dealership, ask to see available colors in person, different trim levels and options for the vehicle. Seeing these things in person rather than on your computer screen makes a big difference and will help you make an educated decision.

Get a Quote

    Start getting quotes. Most dealership websites have a section that will allow you to request a quote online. Take the information that you've currently gathered from your online research and make the dealership aware that you know the money factor, residual value and selling price of the specific vehicle in your area. This will help cut down the "back and forth" negotiating between you and the salesperson.

Choosing the best quote

    Sometimes, when shopping for a vehicle online, the lowest number is not always the best quote. Make sure that the quote you received has all the options and color combinations you wanted on your new Porsche lease. If you are open to colors, make sure that it has all the options you want. If you are very color-specific, make sure it has the bare minimum of what you want on your new Porsche.

Picking up your Porsche

    After you've narrowed it down to a specific Porsche dealer for your new lease, give your salesperson a call and go over everything prior to going down to the dealership to do all of the paperwork. Ask when the vehicle will be ready for you to do a final inspection. Have the dealership fully detail the car and clean the interior and exterior, so that you can check for dings, dents or scratches before driving away.

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