Lease Vs Buy - Garcia Subaru East - Albuquerque & Rio Rancho

Benefits of Leasing a New Subaru in Albuquerque vs. Buying a New Car

Benefits of BuyingBenefits of Leasing
  • Pay to own your new car, not just to use it for a few years. After your final payment is made, you can drive your Subaru for years to come. It's all yours.
  • Drive an unlimited number of miles- especially important if you typically drive more than 12,000 to 15,000 miles per year.
  • Modify or repaint the car, or install custom equipment, as you see fit.
  • Enjoy the full benefit of your car's trade-in or resale value.
  • Potentially pay less per month. Monthly lease payments are usually lower than monthly loan payments for the same term, because your monthly payment includes the vehicle's expected depreciation only during the lease term.
  • Enjoy driving a new car more frequently.
  • Have options at the end of your lease - including leasing another new Subaru or buying the one you've grown to love. If you decide to buy the car at lease-end, you will get a no-hassle preset purchase price.
  • Minimize repair costs. Many people lease for the length of time the manufacturer's warranty is in effect. That way, most repairs are typically covered.

What Are the Differences Between Leasing and Financing?

In ABQ, there are a couple of different ways to pay for the model you like. The one most people pursue is financing; however, we have plenty of customers who enjoy leasing.

The question then becomes: which option is better for me?

There is no right answer for every driver. Either could work for you, depending on your financial situation and your personal preferences.

For instance, financing offers you the chance to own the vehicle. This means that, once you pay down the loan, the vehicle will entirely be yours. That also means you will have to take out an auto loan to cover the cost of the vehicle.

With leasing, you do not have to worry about an auto loan. Instead, you will pay month to month installments. However, you will not own the vehicle.

If you would like to learn more info about our selection of Subaru vehicles, or the payment options available, please feel free to visit us at Garcia Subaru East in ABQ, NM. Our team would be more than happy to help you in any way they can.

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