A car lease is basically a long-term rental, but instead of paying off the full price of the vehicle over the period of a loan, you're just paying the dealership the amount the car's value will depreciate over the length of the lease. That means your monthly payment is a lot lower than it would be if you were buying.

So while the monthly payment on a luxury sports car might be way out of your price range if you buy, it just might be comfortably within your means if you lease. Plus, leasing a luxury car might even be cheaper than buying a new non-luxury car, depending on the car.

When you own a car, the process of selling it or trading it in at the dealership is a lot more complicated than for a leased car. With leasing, once your lease is up, you just give it back. If you like upgrading to a new vehicle every few years to get the latest tech and new-car performance, leasing is the perfect option for you.

Since keeping up with regular maintenance will usually be part of the terms of your lease, lots of dealerships will provide discounted or even free service to drivers leasing one of their vehicles, which brings down the cost of "ownership" for you. And if you're keeping the car in great condition, it doesn't depreciate as slowly - and you pay less, since the payments are based on the depreciation amount.

You don't have to be a millionaire to drive a Porsche, especially when you lease. Visit Gossett Porsche to learn more about your financial options and become part of the Porsche family.