Subaru Forester Lease Deals Philadelphia

When you purchase a vehicle, you have the option to finance or lease it, provided that you don't plan to pay for it in full upfront. With financing, customers borrow money from a financial institution and pay it back each month for a set period of time, anywhere from 36 to 84 months. When you lease, however, instead of borrowing money to pay for the car, you're borrowing the car and making monthly payments for its usage for a shorter period of time, usually between 24 and 48 months. With this shorter time period, customers get to upgrade their vehicles more frequently, have less worry about wear-and-tear repairs, and enjoy lower maintenance. This is because leased vehicles fall under Subaru's new car warranty, meaning you only need to pay for routine maintenance such as oil changes and tire rotations. Plus, lease payments are typically more affordable than finance payments because instead of paying for the total cost of the vehicle, you're paying for its value.

There are a range of benefits when you lease a new Subaru. As we mentioned above, themaintenance costs of a leased vehicle are often lower than for a financed vehicle. This is thanks to Subaru's new car warranties. New Subaru models come with a 3-year/36,000-mile bumper-to-bumper warranty and a 5-year/60,000-mile powertrain warranty. Therefore, all you have to worry about is routine maintenance services like oil changes and tire rotations, and Subaru covers the rest, including normal wear and tear. However, there is a difference between normal wear and tear and excessive wear and tear. If your leased Subaru crosses into the 'excessive' category, there may be extra maintenance charges, so it's important to be good to your Subaru! Another benefit is upgrading your vehicle every couple of years, giving you access to the latest technology and equipment. While lease terms come with yearly mileage limits and added charges for going over these limits, Subaru offers limits of 10,000, 12,000 or 15,000 miles per year. This gives you the flexibility to choose your mileage limit to best suit your driving habits. Plus, you can purchase additional miles at a discounted price at the time of purchase. Additionally, at the end of your lease term, you have the flexibility to choose your next steps. You can return the vehicle, purchase it with financing, or trade it in for the latest model or a different model completely. Meanwhile, with leasing, you own the vehicle when it is paid off. While this can be a good thing, you also may be stuck with a vehicle that isn't worth as much as you hoped. Finally, all leased Subarus come with GAP insurance automatically rolled into the payment plan, guaranteeing the vehicle is covered in case of a total loss.

The benefits of leasing a new Subaru last right up until you return it. Actually, even after you return the lease, there are more benefits to take advantage of! When the lease term comes to an end, the customer doesn't need to worry about trade-in value, depreciation, or equity. When you lease, you'll never have to negotiate a trade-in value or deal with negative equity. Subaru also offers great benefits for repeat lease customers. For example, if you choose to lease another Subaru Forester after returning your current one, Subaru waives the $300 disposition fee. Additionally, repeat lease customers can get a credit toward the first month's payment of their next lease. Plus, Subaru offers lease incentives to lock in a great rate upon signing your lease.

Here at Reedman-Toll Subaru of Exton, we want to help make your dreams of owning a new Subaru a reality. That's why our financing team will work closely with you to help tailor a lease agreement to your specific needs and driving habits. Looking to learn more about leasing a new Subaru? Use the contact form below to reach the skilled team here at Reedman-Toll Subaru of Exton with any questions you may have. If you're shopping the Philadelphia area for a new Subaru, head over to the new inventory page while you're here on our website to browse a wide range of new Subaru models, including a vast selection of new Forester models!