What Is The Difference Between Leasing & Financing Your Next Subaru?

Every new Subaru has a lot to love with long-lasting quality, reliable performance, and an unmatched commitment to safety. Which makes it easy to see why more and more drivers are choosing to get behind the wheel of a new Subaru. All you have to do is decide whether you are going to lease or financing your Subaru and we want to help our customers easily decide which financing route is best for them by highlighting the pros and cons of each.

No two drivers around Albuquerque are the same and some drives love to get into a new Subaru every couple of years. While other drivers are looking for 200,000-miles of adventure. There are benefits of each financing option and you may be better suited to one over the other.

Leasing: When you lease a new Subaru you are agreeing to borrow the Outback, Legacy or Impreza for a specific amount of time for an agreed amount each month. At the end of the lease, the Subaru will be returned to the dealership. Leasing is a very appealing financing option for many of our customers because it allows you to get in a more expensive model for less money, you have lower maintenance costs due to the manufacturer's warranty. The downside to leasing is you are only allowed a certain amount of miles each year, you are not allowed to make any modifications, and there may be penalties for getting out of the lease early.

Financing: Financing, or buying, your next Subaru has several different benefits. First, you will own the Subaru and can sell the Crosstrek, Forester or Ascent whenever you please. You are also not held to a certain number of miles each year. The biggest benefit to buying your next Subaru is not having monthly payments after the car has been paid off. However, buying a new vehicle can have slightly hirer monthly payments and repair costs since you are responsible for the vehicle.

Our financing team is available to answer other questions you may have about leasing or financing your new Subaru. Feel free to give us a call or stop by the dealership.

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