Buying vs. Leasing at Suburban Subaru
Buying or Leasing Your Next Subaru Vehicle in Vernon, CT
Deciding whether to buy or lease your next new Subaru is an intensely personal choice based on your preferences and financial priorities. Our Finance Center team at Suburban Subaru can help guide you through your choices to determine which is better for you: Buying or Leasing?
Benefits of Buying
Do you love the freedom of ownership? Or drive a lot of miles? There are many great benefits to financing a purchase, and here are some pros of buying vs. leasing:
- Ownership: Buying a new Subaru, even if you finance it, means you own it and can sell it or trade it at any time and make any modifications you want.
- Equity: As you make payments and pay down the loan amount, you build equity. If you sell it for more than you owe, you can keep the extra money or use it as a down payment for another vehicle.
- No Mileage Restrictions: Leasing comes with mileage restrictions, but when you own your car, you can drive as many miles as you want.
- Long-Term Savings: Once you pay off your loan, you can continue to drive your vehicle payment free!
Benefits of Leasing
Leasing a new Subaru is a great option if you love driving the newest models, don't tend to rack up a lot of miles, and want to pay the lowest monthly payment possible on your vehicle. Here are some top benefits of leasing vs. buying:
- Lower Monthly Payments: On average, leasing payments are typically lower than finance payments.
- Warranty Coverage: Leased vehicles are new models, so manufacturer warranties usually cover them during the full length of the leasing term.
- Always Drive New: Leased vehicles are always new models, and the terms are shorter than financing, so you can always drive the newest model available.
- Limited Upfront Costs: Lease agreements can start with zero down. Look at our leasing specials for added savings!
We Are Here To Help!
We at Suburban Subaru believe each customer is different. That's why we take the time to discuss your options so we can tailor your financial plan to your unique needs. We encourage you to visit our Finance Center to learn more about what we can do for you. If you have any questions please give us a call, contact us online, or visit us in person to learn more. See you soon!
