Should You Buy or Lease Your New Subaru?

When you're ready to get behind the wheel of a new car in the Purcellville and Marshall areas, the first thing you need to do is decide whether you want to buy or lease that vehicle. Both buying and leasing are great options with all kinds of benefits, so it just depends on your individual needs and preferences. At Dulles Motorcars Subaru, we would be happy to tell you all about both options, so you can decide which one is the best fit for you.

Leasing Your New Car

When you lease a car, you make payments over an agreed upon amount of time, and then return the car at the end of that time period. Some drivers think of it as a long-term rental. Check out the pros and cons below to decide if leasing is the right choice for you.

Pros of Leasing

• When you lease your car, the down payment and monthly payments will be lower, so you can save more.
• You can get a newer car with more features at a lower price.
• Since a lease only lasts a few years, you get the chance to drive something new and exciting every few years.
• Most repairs will be covered by your vehicle's warranty.
• When your lease ends, you can simply return the car to the dealer, buy the car or lease a new one.

Cons of Leasing

• Leased vehicles come with mileage restrictions, so you have to limit how far you drive. If you go over your allotted miles, you have to pay a fee.
• You can't alter or modify the car in any way.
• If you scratch or otherwise damage the car, you'll have to pay a fee at the end of your lease.

Buying Your New Car

When you buy a car, you own the vehicle for as long as you want. Many drivers get an auto loan to make the initial payment, then pay it off over time. Take a look at the pros and cons below to decide if buying is the right option for you.

Pros of Buying

• You own the car, so you can keep it as long as you want.
• If you don't like the car, you're free to sell it whenever you want.
• There are no mileage restrictions, so you can drive as far and as often as you want.
• When you buy your car, you're free to modify or upfit it anyway you want.
• Once you pay off your loan, you don't have any more auto payments to make, helping you save in the long run.

Cons of Buying

• When you're ready to drive something new, you have to deal with the hassle of selling your car.
• A car's value depreciates over time, so you may lose money when you sell your vehicle.
• Buying is more of a commitment, and you'll likely drive the same car for years.

Visit Us Today!

If you'd like to learn more about buying or leasing, feel free to contact us. We will gladly answer all your questions. Then when you're ready to buy or lease your new Subaru, be sure to stop by our Leesburg, VA dealership serving Poolesville and Middleburg. We would be happy to help you find the vehicle that's right for you and then we'll help you get the auto loan or lease you need. Stop by at any time and we'll help you get started.