Why Choose a Subaru Lease?

When it comes to vehicles, everybody has their own unique situation as well as personal preferences that affect their decisions. This applies not only to what make and model they choose, but also whether they opt to purchase or lease. For a variety of reasons, a Subaru lease can make great sense for many drivers.

Less Money out of Your Pocket

Quite often, the monthly cost of leasing a car is lower than it is to buy one with financing. This is mostly because the lease payment absorbs the car's depreciation throughout the term, whereas you must cover the entire MSRP (albeit over a longer term) in principal when you purchase. A lower payment on a lease means you keep more money in your bank account each month for covering other expenses. And if you use your car for business, you may be able to deduct a portion of your lease payments on your income taxes (check with your tax advisor).

The down payment on a lease can be considerably lower than the down payment when a new car is financed. Sales tax is also lower on a lease because it's calculated on the monthly payment rather than the total sticker price. Your payments may also be lower simply because of dealer incentives and special Subaru lease deals happening when you choose your next car.

A New Car and No Hassle

Leasing allows drivers to put themselves into a new car every two or three years - and often it's a car they might not have been able to afford if they were purchasing. To many people, finding themselves in a well-equipped new car that is still covered by manufacturer's warranty is the only way to go. Best of all, when the lease is up and it's time for the next new car, they don't have to worry about its trade-in value or arranging a private sale. They simply take it back to the dealership and choose their next leased car.

Subaru Lease Flexibility

With its versatile leasing options and terms, Subaru makes leasing a vehicle more attractive and less risky. Although typical lease terms are set at 10,000, 12,000, or 15,000 miles per year, Subaru can customize terms for drivers who need more miles - even up to 30,000 a year. There is also no security deposit taken on a Subaru lease, and so you keep more money in your pocket when you take delivery of the car. Also, every lease from Subaru includes gap insurance coverage, which will pay the difference in what you owe on the leased vehicle in case it is totaled in an accident or stolen.

Leasing may be the perfect solution for you. The knowledgeable and helpful financing staff at Balise will take the time to understand all of your contributing factors. They'll guide you through the process of choosing between a Subaru lease or purchase and make sure you're fully informed about all of the current special lease deals available.

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