Frequently asked questions about used car leasing (FAQs)
Is it worth leasing a used car?
Yes, if lower monthly payments are more important to you than having a brand-new vehicle. Since a used car has already experienced most of its value depreciation, the payments are usually more affordable than those for a new car.
How is the residual value of a used car calculated?
At Porsche Bank, our experts determine the residual value based on many years of experience alongside current market values. This provides a realistic estimate of the vehicle’s expected value at the end of the loan term.
Do I have to make a down payment to lease a used car?
No, not always. Many of the used cars offered on car4me are available without an initial payment. However, providing a down payment will reduce your monthly payments.
Is there a difference between leasing a used car and a new car?
Not in the process. The requirements and the choice between residual value leasing and rental leasing are identical. The difference lies in the vehicle itself: A used car has already covered some mileage and has therefore undergone partial depreciation.