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There is a lot to consider when getting ready for your next vehicle and one of the more important decisions is whether to buy or lease. It seems like everyone has their own idea about leasing but it is important to remember that there is a lot of misinformation out there. Since we believe that our customers are best served when they are well informed, we offer this information to help you better determine whether leasing or buying is the better option. Take a look at the following details and then schedule your appointment to learn more at Subaru Superstore just south of Mesa, AZ
When it comes to paying for your next new Subaru, you are basically faced with 3 choices--pay cash (which is uncommon), finance the purchase, or lease the vehicle. Each of these options cater to specific needs and situations but you may be surprised with how well leasing fits a variety of needs and budgets.
Leasing has recently become a much more popular method since it generally avoids the high up-front costs associated with purchasing and it circumvents the common problem of negative equity. Just ask a fleet manager at many businesses and they will likely tell you that, for their needs, leasing is the most cost effective way to get the most from their fleet. Leasing relieves you of the total cost of a new vehicle so you are only responsible for the cost of the vehicle during the lease term. Leasing also drastically reduces maintenance costs. This way, you benefit from lower monthly payments, lower up-front costs, and no negative equity. Most lease options also come with GAP insurance and full warranties that cover the term of the lease.
One of the better understood problems with traditional financing of a new vehicle is the issue of depreciation. Generally speaking, as soon as you drive off the lot with a new traditionally financed vehicle, the likelihood is that you already owe more than the vehicle is worth, and this could persist for the next few years. Leasing is the best way to avoid this. When your lease is up, just bring it back and select your next latest Subaru model.
For most car shoppers, a lease is a great idea to consider. Few of us are in a position to keep up with all the maintenance and repair required to keep an old car running efficiently and reliably making the occasional upgrade necessary. Leasing allows you to enjoy reduced costs from start to finish and avoid the expiration of warranties while always reaping the benefits that come with a new Subaru. Thanks to exceptional ALG residual value, it's hard to beat a Subaru for your next lease. Find out more when you speak with one of our knowledgeable finance associates here at Subaru Superstore serving Phoenix, AZ.
|Sizable down payment||Money Down||Less up front money|
|Higher monthly payment||Monthly Payment||Lower monthly payment (up to 60% lower)|
|Negotiated trade-in value||Trade-in||No trade in hassle or negotiation|
|Responsible for maintenance costs after warranty expires||Warranty||Less maintenance - typically always under warranty|
|GAP protection not included - added expense to purchase||GAP Protection||GAP protection included|
|Stagnant technology based on what was in effect at time of purchase||Technology||Technology obsolescence protection|
|No loyalty incentives||Loyalty||Lease loyalty incentives|
|Eligible for all dealer incentives||Incentives||Eligible for all dealer incentives|
|Potential negative equity if you sell your car before it is paid off||Equity||No chance of negative equity|
|Not required to maintain vehicle, but since you may eventually own it, why wouldn't you?||Program Maintenance||Responsible for program maintenance per manufacturers recommendation or you may be charged excess wear and tear|
|The negotiated price of a new vehicle is the same||Vehicle Price||The negotiated price of a new vehicle is the same|
|Insurance payments are the same||Insurance||Insurance payments are the same|
Come see us at Subaru Superstore in Chandler, AZ and let us show you just how easy it can be to upgrade your ride. Whether you find a vehicle that's perfect for your lifestyle in our vast selection of new Subaru models or one of our certified pre-owned Subaru models looks to be the ideal fit, we make it easy. Once you see our huge inventory of quality used vehicles, there will be no doubt that we live up to our name. Our finance team is among the best in the business and frequently updated specials provide you with even more for your money near Gilbert, AZ. We want to make sure you get the absolute most from your investment so we often update specials on maintenance and repair from the factory trained experts in our Service Department. If you would rather take care of your own Subaru, be sure to check our Parts Department regularly for updated specials on genuine Subaru parts and accessories. We are proud to serve Tempe, AZ from our convenient location at 1050 S. Gilbert Road, Chandler, AZ 85286 so give us a call with any questions and schedule your next test drive by calling (888) 859-6735. We look forward to meeting you at Subaru Superstore.