Should I Lease or Buy a Subaru?

You’ve got your eye on a Subaru and now you’re stuck in a tough dilemma – to buy or to lease? We know this decision can be a tricky one, but fret not! We’ll take you through the pros and cons of each, so you can make an informed decision that suits your needs and your budget.

But first things first, what makes many people want to use a Subaru car? Subaru is one of the most trusted brands due its unique blend of all-wheel drive systems, safety features, and long-lasting durability. The high-performance car can handle all types of terrain.

The Benefits of Leasing a Subaru

Here are top reasons why you should lease a Subaru:

Low Monthly Payments

One of the most significant advantages of leasing a Subaru over purchasing is the decreased monthly payments. You’re essentially renting the automobile for a few days or months with leasing. So, you’re only paying for depreciation during that time. You’ll also pay less up front if you lease (you don’t have to pay a significant down payment). Typically, all that’s required is a security deposit and the first month’s payment, allowing you to drive away with your ideal car..

New Cars, New Features

Leasing also gives you the opportunity to get into a new car every few months or years, so you can experience all the latest features that Subaru has to offer. If you love keeping up with new cars and technology, this could be the option for you! Just wait for the company to release a new car, then visit them to lease the new ride.

No Hassle With Maintenance and Repairs

Another benefit of leasing is that you won’t have to deal with the hassle and cost of major repairs that can arise with older cars. Did you know that most leases end before the warranty expires? That means you’re covered for any mechanical issues during the period you’re leasing your Subaru.

Limitations of Leasing a Subaru

There are certain limitations to leasing, one of which being mileage. Most leases specify the number of miles you are permitted to drive during the leasing time. If you exceed this limit, you may be required to pay additional costs at the conclusion of the lease. 

Furthermore, you are responsible for returning the vehicle in excellent condition. Otherwise, you’ll be charged extra for any damage that goes beyond normal wear and tear.

The Benefits of Buying a Subaru

Now that you the merits and demerits of leasing a Subaru, it’s time to look at pros and cons of buying this powerful car.

Long-term Savings

Purchasing a Subaru can be a good long-term investment, especially if you intend to retain the vehicle for a long time. Yes, the monthly payments will most likely be higher. However, you will eventually own the car altogether and will no longer be required to make payments.

Customization

When you purchase a car, you have the option to customize it in any way you see fit. Whether you want to customize your Subaru through accessories or aftermarket improvements, you can do this once your buy it. S, if you enjoy customizing your vehicle, purchasing rather than leasing may be the best alternative.

Endless Possibilities

There are no mileage restrictions or damage fees when you own a car. As a result, you can drive as much as you wish without fear of incurring additional fees. Simply return to where you parked your car and drive to your desired destination. Nobody will ever make you pay for the extra kilometers you drive. Additionally, if you ever need to sell your Subaru, you can do it at any time, whether it’s one year or ten years from now.

Cons of Buying a Subaru

However, purchasing a Subaru will require you to make larger up-front payments. Additionally, your monthly payments will be higher than they would be if you were leasing. Please be aware that any repairs or upkeep after the warranty has run out are your responsibility.

Our Recommendation

So, should you lease or buy a Subaru? It all boils down to your particular position and priorities in the end. If you enjoy driving new automobiles, desire cheaper monthly payments, and don’t mind not owning your vehicle, leasing may be the best option for you. Buying, on the other hand, may be the ideal option if you wish to make a long-term investment, have the ability to personalize, and enjoy the freedom of driving without limits.

Get Your Subaru From Island Subaru

Want to buy or lease a Subaru? Browse our comprehensive inventory of new and used Subarus at Island Subaru. We’re pleased to help you determine whether leasing or buying is the right option for you, thanks to our pleasant and professional sales and service personnel. Contact us now.

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