Frequently Asked Questions About Buying Vs. Leasing a Car
When it comes to your Subaru purchase, you can choose to either buy via a loan or lease. While money is a significant factor, some of the features associated with the way you own your vehicle might sway your decision. Either way, Subaru is there for you to guide you along the way.
Benefits of Subaru Financing
It's the cheapest way to own a car.
As each monthly payment is made, equity in the vehicle is created which contributes to your ongoing relationship with Subaru. For example, this is where the Guaranteed Trade-In Program gains value.
You have a sell option
Upon embarking on the terms of financing, you have the option to sell or trade your vehicle. You are not legally bound to keep your Subaru so that you can sell it at any time.
No need to count miles
You can drive your Subaru as far as you like with no penalty, unlike a lease. This is great for Marietta drivers commuting to and from Smyrna.
The trade-in or sale value can be maximized
You have control as to whether you accept any pending offers. Whenever you're ready to move onto a new vehicle you can do so.
No further dealership expenses
With a lease, you may have additional charges such as
- Extra charges due to excess mileage
- Early termination of the lease
- Unrepaired damage
Benefits of Leasing a Subaru
Monthly lease payments are can be less expensive
In most cases, lease payments are significantly less than loan payments. This creates more flexibility in your budget. With the lease, you have little or no down payment with no upfront money to be applied toward taxes.
You only pay for depreciation
You are never in a position to owe more than the value of the vehicle. The great benefit of leasing a car is that you only pay for its depreciation as you make your lease payments, and therefore, you will not have a loan being more than the value of the vehicle.
Significantly fewer repair costs
As long as a manufacturer's warranty is in place, there is little concern for those unexpected repairs. But you must keep in mind that you are responsible for maintaining the vehicle through regular upkeep and any required automobile insurance.
You can choose to upgrade the lease every 2 to 4 years
You can upgrade your great your lease every 24 to 48 miles which allows you to take advantage of the latest technology enhancements in the redesigned and engineered models of Subaru's. How cool is that to get a new Subaru in your possession frequently with no delay.
No need for loan approval
If you are concerned about having a lower credit score, you don't have to worry, because if you fail to meet the terms of the lease, it is much easier for Subaru to secure the vehicle. This makes the dealership more confident with the agreement.
Learn More About Our Finance Options Today
If you're seeking cost savings, finance a Subaru. If you need to manage your payments, lease one. Either way, Subaru of Kennesaw will take the confusion away. Schedule a test drive today. Feel free to peruse our new or used inventory in the meantime. Otherwise, you can begin filling out one of our finance applications today.
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Subaru of Kennesaw
905 Ernest Barrett Pkwy NW
Kennesaw, GA 30144
- Sales: 770-419-9800
- Service: 770-419-9800
- Parts: 770-419-9800
Hours
- Monday Sales Hours 9am-6pm
- Tuesday 8:30am - 8:00pm
- Wednesday 8:30am - 8:00pm
- Thursday 8:30am - 8:00pm
- Friday 8:30am - 8:00pm
- Saturday 8:300am - 6:00pm
- Sunday Closed