Is a Purchase or a Subaru lease in Albuquerque, NM the Best Choice?

Signing a lease is a joint agreement between you and Fiesta Subaru that lets you drive your favorite Subaru for an established amount of time before returning it to us. The typical lease term lasts from two to three years (24-36 months), but some can be longer. You'll have a monthly payment until you return the vehicle at the end of your lease period.  

What are The Benefits of Leasing?

There are several advantages in leasing your next Subaru. Still, they depend on how much driving you do, and the usual conditions in which you drive. The most obvious benefit is a lower monthly payment than what you'd pay if you'd bought the vehicle. Another is not worrying about reselling the car when you return it. This means you can avoid overspending on high-mileage repairs in the future. You can also very quickly continue to lease a new vehicle to step into the latest model of your car or a different model altogether. 

In addition, rather than pay taxes on the price of the car, you need only to pay the tax on the amount of your monthly Subaru lease in Albuquerque, NM. This could very well be substantially less than if you bought the car outright. So, as you pay, your lease has the opportunity to reflect positively on your credit report. 

We've all heard it said that your new vehicle automatically depreciates once you drive off the lot. This isn't the case with leasing. When you lease a car, you won't lose out when it's time to trade it in. View it as renting a vehicle over a more extended amount of time, which means you're paying only for wear and tear on the car while in your possession.

Requirements of a Subaru Lease in Albuquerque, NM

On the other hand, car dealers almost always want to know the condition of their vehicles out on lease. This can result in the inclusion of routine maintenance and inspections in your lease contract with no extra cost to you. Considering you don't own the car, some rules must be followed regarding mileage and wear. 

There will be a limit on the miles you can drive each year. This suggests it might be a good idea for the typical driver to stay away from long road trips or recurrent heavy traffic. Additionally, the vehicle should be free from damage, aftermarket parts/accessories, and excessive wear upon returning to the dealer. 

Concluding Thoughts

Most Subaru customers continue to purchase their new vehicles. Still, leasing has become more prevalent in recent years, as car buyers better understand the benefits of leasing their Subaru. Everyone isn't necessarily a good lease candidate, but many people are, and the reasons vary. 

Come visit the team at Fiesta Subaru at 8100 Lomas Blvd in Albuquerque, visit our website, or give us a call at 844-338-9059 to see if the Subaru lease is for you.  Fiesta Subaru has a great selection of Subaru's sure to meet your needs.