• NJ residents who trade in a vehicle they own or lease get $1,500 towards the purchase or lease of a new vehicle.

  • Trade Now!

Disclaimer: New Jersey Residents only, must contact the dealer for details. Terms and conditions may apply.

Buying vs Leasing Information

Wondering Whether You Should You Buy or Lease a New Subaru From Island Subaru in Staten Island? Let Us Help!

When you're looking for a new Subaru car or SUV in the NYC area, one tough decision can be whether or not you should buy or lease your next Subaru. There are numerous factors to consider for both, so we'll help you weigh all the factors so you can find the affordable option that meets your budget and lifestyle needs here in Brooklyn.

Leasing

Why Lease Your New Subaru in Staten Island?

Leasing is a favorite option for drivers for a few different reasons. The number one reason many choose to lease is the low monthly payments. Typically, if you opt for leasing your new Subaru car or SUV, then you'll have a lower payment than if you were to finance the same vehicle. Leasing is usually thought of as a long-term rental, though this isn't entirely true. When you lease, you only pay for the part of the vehicle that you're using, plus any fees or interest. If you're a lover of having all the latest technology in your vehicle, then leasing might be the right option for you. You can get a new Subaru like the Forester, all-new Ascent, or even a compact Impreza every few years with all the new technology and features that you want.

Leasing also offers you a unique opportunity to choose a higher trim level than you might be able to afford if you were financing. This lower overall cost lets you spring for all the bells and whistles you want for your next car or SUV in Jersey City, while still enjoying an affordable monthly payment.

When Not to Lease

Leasing can be an appealing option, but it does offer a few restrictions that you need to consider before signing. Typically, a lease comes with mileage restrictions, excess wear and tear fees, and customization restrictions. At the beginning of your lease, you'll agree to a set limit on how many miles you can put on your leased Subaru in Avenel, and if you exceed this limit, you will incur excess mileage fees. If you have kids or pets, the excess wear and tear fees should be something you discuss with our sales experts. Our team can help make sure that you're getting the right option for your lifestyle and budget.

Buying

Why Finance Your New Subaru in NYC?

Looking to enjoy your new Subaru in Woodbridge for years to come? The best way to make this happen is to finance with Island Subaru here in Staten Island. People often think that leasing is the more affordable option, but when you consider the overall cost of a vehicle, financing ends up being the more affordable way to go, if you're looking to purchase the vehicle. Also, when you finance your new Subaru, you own it outright, as soon as you sign the paperwork, which is not the case when you're leasing. You'll also enjoy no restrictions on customization, mileage, or wear and tear!

When Not to Finance

Financing might be an easier option than leasing, but it does come with a few considerations that you need to take into account. Financing is generally more expensive in the short term, and you pay more interest because it's on the entire balance of the loan. You can manage to lower your monthly payment if you have a larger down payment to make, but if you don't have a lot up front, it can make your monthly payments higher. You'll also have to consider that you'll have to handle resale when you're ready for a new Subaru, but thanks to a high predicted resale value, it's easy to trade-in or sell your Subaru.

Know Which is Right for You?

Do you know which option is right for you? Still not sure? Stop by Island Subaru today and our expert finance team would be happy to go over all the pros & cons in person. Contact us today to set up an appointment!

 

Island Subaru

1257 Hylan Blvd Staten Island, NY 10305
Get Directions
Sales 844-667-4579
Service 844-667-4584
Parts 718-865-2418

Monday 9:00AM - 7:00PM
Tuesday 9:00AM - 7:00PM
Wednesday 9:00AM - 7:00PM
Thursday 9:00AM - 7:00PM
Friday 9:00AM - 6:00PM
Saturday 9:00AM - 6:00PM
Sunday Closed
Monday 8:00AM - 5:00PM
Tuesday 8:00AM - 5:00PM
Wednesday 8:00AM - 5:00PM
Thursday 8:00AM - 5:00PM
Friday 8:00AM - 5:00PM
Saturday 8:00AM - 1:00PM
Sunday Closed
For Appointments Made Online. Saturday Appointments For Light Maintenance Only.
Monday 8:00AM - 5:00PM
Tuesday 8:00AM - 5:00PM
Wednesday 8:00AM - 5:00PM
Thursday 8:00AM - 5:00PM
Friday 8:00AM - 5:00PM
Saturday 8:00AM - 1:00PM
Sunday Closed

Contact Us