The Case for Leasing—Not Buying—That Long-Treasured Exotic or Collector Car

The traditional way to buy classic or exotic cars—from barns, at auctions, from showrooms, and other collectors—is to, well, buy them. But might it make more sense to finance your Mercedes-Benz 300SL “Gullwing,” Bugatti Chiron, Lamborghini Huracán, Duesenberg Model J, or Rolls-Royce Silver Ghost?

Steven Posner, CEO of Greenwich, Conn.-based Putnam Leasing, thinks so. Working out of the downtown showrooms of Miller Motorcars—which handles Ferrari, Aston Martin, Pagani, Rolls-Royce, Bentley and others—he has been arranging lease-to-own deals lfor his clients since 1979.