Benefits of Leasing

The Advantages of Leasing Your New Subaru in Chapel Hill at Performance Subaru

When you begin shopping for a new car or SUV, you have a lot of decisions to make such as the brand and model of car, the features you'd like to have, and how you'd like to finance your new vehicle. One of the most important decisions is whether to purchase or lease your new Subaru; there are advantages to both, but we think you'll find leasing has many benefits and may be the best choice for you.

It's very important to know what your budget is when you start shopping for a leased car; knowing how much you can afford for a down payment and what monthly payments are comfortable for you will help you narrow down your choices to only vehicles that you can really afford. When you purchase a vehicle, you are paying for the entire cost of the new car over time, whereas with a lease you're only paying a portion of the vehicle's value over time. This may result in the need for a smaller down payment and a lower monthly payment. Another advantage to leasing is that your cost of ownership is likely to be more predictable than if you purchase a car; since you'll only be responsible for the vehicle for a finite period, it's like the vehicle's manufacturer warranty will be valid through all or most of the lease period. This means you can count on fewer costs associated with maintaining your vehicle and a lower cost of ownership. While a lease does include some mileage restrictions and penalties for wear and tear, you'll know up front what these costs are, and you can plan ahead to avoid them. Lastly, leasing a vehicle leaves you with several options at the end of the lease; you can keep the car you've leased and purchase it for its residual value, lease a brand new car, or walk away completely.

Here at Performance Subaru we want to help you make an informed decision regarding leasing or purchasing your new Subaru, so we invite you to visit us so we can work with you directly. We look forward to serving you here at Performance Subaru!

 

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