If you’re considering starting the car-buying process but aren’t sure whether leasing or financing a vehicle is right for you, the Grand Subaru team is here to help! Though there are benefits to both leasing and financing, it all depends on which choice works for your lifestyle, budget, and preference.

If you want to drive a new car with the latest innovations every few years, then leasing a vehicle is perfect for you. With this option, you only pay the cost of the vehicle’s depreciation rather than its value, so you often have lower monthly payments. Additionally, your vehicle will be covered under manufacturer warranties, and the absence of a down payment gives more flexibility with lower initial costs. Once your lease is up, you can return the vehicle, finance the remaining balance, or begin a new lease if there is equity.

On the other hand, if you prefer versatility and personalization, you can opt for an auto-financing plan. When you finance a vehicle, you don’t have any mileage limitations and you can sell it at any time. Plus, you can add any modifications to it. Once the finance term is over, you will own the vehicle without any payments.