Should You Lease or Buy a New Subaru at our Boone, NC Dealership?

If we were feeling cheeky, we'd simply say, "Yes," and perhaps include a winky face emoji. But we know what you're asking. We'll help you answer the age-old question of whether you should lease or buy your next new Subaru, so read through for a quick look at the advantages of each kind of financing. Then make your way over to our Boone, NC Subaru dealership near Newland, West Jefferson, Banner Elk and North Wilkesboro, NC to get started on finding the perfect new vehicle. Look through the bullet points that show the benefits of either leasing or purchasing a new Subaru Outback, Legacy, Impreza, Forester or Crosstrek, then head over today for a test drive.

Leasing a New Subaru in Boone

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• Monthly payments on a lease are typically lower than if you were to finance your new Subaru, which means if you have a set budget you're comfortable with, you'll be able to afford a higher trim level with more features thanks to your leasing agreement.
• When leasing, you'll pay taxes on each monthly payment instead of a lump sum right away.
• Lease agreements typically run for three years, which means you're avoiding a long-term commitment.
• Manufacturer warranties mean lower service costs on a leased Subaru.
• You'll have several options at the end of the lease, including the ability to purchase it if you like your Subaru, or you can go for another lease on an all-new Subaru.

Bottom line: If you want lower monthly payments, plenty of options moving forward in three years and if you keep your annual mileage limited, leasing is probably the way to go.

Buying a New Subaru in Boone

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• Since Subaru models are built to last, outright owning one after paying off your loan is a worthy investment.
• You can make alterations and add parts and accessories as you please with a Subaru you're financing, whereas a lease has some limitations to what you can add to the mix.
• You can sell your Subaru at any point, compared to a leased Subaru in which you'll have to wait until the end of the lease agreement.
• If you're willing to wait, a purchased Subaru can end up being a cheaper option in the long run than continually choosing new lease agreements every three years or so.
• If you're on the road a lot on an annual basis, buying might be the way to go, as leasing a Subaru will put a limit on your mileage and you'll incur costly fees if you exceed that limit.

Bottom line: If you're able to spend more up front and for your monthly loan payments, buying and eventually completely owning a new Subaru will prove to be a better value and a better investment than leasing.