Motor Werks Porsche of Barrington
1475 S. Barrington Rd Barrington, IL 60010-5205Sales: (888) 718-6924
- Service: (888) 740-0245
- Parts: (888) 491-8099
Porsche Auto Financing in Barrington
Porsche Car Loans & Leases in Barrington | Motor Werks Porsche Financing
Need a car loan for that new Porsche? Motor Werks Porsche has a great finance team that will work with you to get a car loan or lease that suits your lifestyle in the Chicago, Lincolnwood and Highland Park, IL area. We make it easy and hassle free to get a Porsche car loan in Barrington.
Our staff will be with you every step of the way as we create a finance plan that fits your lifestyle. Browse our new Porsche and Barrington used car pages to see our full line of vehicles. You can start the car loan process by filling out our secure online auto finance form or you can always call us directly.
Financing Navigation
Contact Information
- Motor Werks Porsche of Barrington
-
1475 S. Barrington Rd
Barrington, IL 60010-5205 -
- sales Sales:
- (888) 718-6924
- service Service:
- (888) 740-0245
- parts Parts:
- (888) 491-8099
Finance FAQ
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Tip!
Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.
Tip!
Owning a lease vehicle is possible if purchased outright after the lease period ends.
A typical lease period runs between 24 and 48 months.
Tip!
Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.
Tip!
Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.
Tip!
Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.
Tip!
Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.
Tip!
Lease agreements usually limit mileage from 12,000 to 15,000 miles annually. Beyond these figures, fees in the range of $0.10 to $0.25 per mile begin to accumulate.
If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.