There's always one questions left after you've decided on the car of your dreams and are just about ready to take it home: what sort of car financing will you choose? Should you buy or lease your Subaru? Well, the folks at our financial center are prepared to help you with either but we thought we'd give you an overview of the benefits for both. Knowledge is power, after all!
The Benefits of Leasing
Leasing, generally speaking, is less expensive and offers more car for your money. Monthly payments can be lower and you don't pay for the full price of the car; rather, you’re paying for the future depreciation (plus interest, tax, and fees of course). Once the lease is up, you can move on to a newer vehicle and lease again, which is nice for those of you who prefer to have all the latest and greatest features. Just as well, if you'd like to keep your car after the lease is up, you can move on to buying it all at once or taking out a car loan.
The Benefits of Buying
Buying a car is best if you plan on keeping your vehicle for as long as possible. If you take out a loan, the vehicle belongs to the lender (or dealership) until the loan is paid off but, once it is, it's all yours for as long as you want it! You can add aftermarket parts, slap on some bumper stickers, or finger paint all over the sides if you want.
Of course, this is just a brief overview of a few of the most important benefits for both. If you're interested in learning more, the friendly staff here at Michael Hohl Subaru will be more than willing to give you all the details. Just drop by our Carson City, NV location, serving the greater Fallon area, and get the helping hand you need.
