Should I Lease or Buy My New Subaru? Smith Cairns Subaru Can Help with Your Decision

If you’re in the market for a new Subaru it has probably occurred to you that you have a couple of options when it comes to financing it. You can go with a traditional auto loan and make payments towards owning it when the loan is paid in full or you can enter a lease agreement and have no commitment to the vehicle at the end of that lease. The decision is not always easy, and there are many factors to consider, so Smith Cairns Subaru, located at 900 Central Park Avenue in Yonkers, NY, is here to help you with the information you need to make that important choice.

The Reasons to Lease

Leasing your Subaru car or SUV might be the right option for you if you are a low-mileage driver who gets the itch for a new vehicle every two to four years. Many lease specials are designed specifically for drivers who drive 12,000 miles a year or fewer. That doesn’t mean that if you drive more that leasing is not for you. One of our finance professionals can review your situation with you and see if leasing makes sense for you. Some of the benefits of leasing include:

  • A new vehicle every two to four years with all the latest technology and features
  • A low monthly payment on a new Subaru that you couldn’t get with a traditional auto loan without putting down a lot more money.
  • You don’t need to worry about trading in or selling your vehicle at the end of your lease agreement.

The Reasons to Buy

There are many reasons that a customer might want to take out a traditional auto loan for their new Subaru car or SUV. Buying a vehicle is not just for high-mileage drivers. For many people, it is the smartest decision they can make. Some of the benefits of buying include:

  • You will have equity at the end of your loan that you can use towards your next vehicle
  • There are no worries about mileage restrictions. You will not incur fees, no matter how many miles you drive. You will also have no damage fees if you get into a fender bender.
  • If you want to modify or customize your vehicle, you can do it.

Contact Us

The finance center at Smith Cairns Subaru, in Yonkers, NY, is here to help. Contact us today and get all your financing questions answered.

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