Subaru models like the Outback, Crosstrek, Forester, and Solterra are popular for their powerful performance and aesthetic design. These features make them a catch for people looking for power, functionality, and style. These SUVs are also affordable, especially if one applies for the right financial options or considers leasing the vehicle.

Leasing or Buying
When one leases a Subaru car, one does not pay for the car itself but for its use for a predetermined period. So here are some of the differences between leasing and buying.

Leasing 

There is usually less upfront money required to lease a vehicle
There is a lower monthly payment for these cars
There is no room for negotiation for a trade-in
There is a lower maintenance cost because the car is always under warranty from the dealership
GAP protection is included under the lease
There is a safety and technology update every three years
The customer receives Subaru lease loyalty incentives
The sales tax is applied on the monthly payment and is spread out throughout the term of the lease
There is no chance of negative equity

Buying

There is a lot of upfront money required during the time of purchase
The monthly payments are higher than those for the lease
One can negotiate a trade-in value for the car
The customer is responsible for the maintenance once the warranty period runs out
GAP protection is to be bought and is not included in the purchase. This means an extra expense from the customer’s pocket.
There is no upgrade in the safety and technology of the car
There are no loyalty incentives
When one sells, there is a potential for negative equity because the value will be less than the payoff
Sales tax is due at the time of the purchase of the car, which can be a big amount to pay in one go

Subaru leases
A Subaru lease agreement typically includes some generic terms that are included in all such documents. In addition, the agreement will have specifics depending on the dealership from which one is leasing the vehicle.

Here is an example of some of the points one may find in a general Subaru lease:

A Subaru lease generally comes with a 36, 39, or 42-month agreement. For each of these timelines, the miles per year allowed are different: 10,000 miles a year for 36 months, 12,000 miles a year for 39 months, and 15,000 miles a year for 42 months. You can also pre-buy the extra miles during the agreement signing at .10 per mile. However, if the excessive mileage is calculated at the end of the agreement, the customer must pay 0.15 for each extra mile.
There is no security deposit required. (Depending on the dealership)
A deposition fee of $300 usually is typically waived if one leases or purchases another Subaru from the dealership.
The customer receives a loyalty bonus, which equates to the first month of the next lease being free. The bonus can be valued at up to $500, depending on the Subaru model the customer is looking to lease.
A $100 allowance is also given to the customer when they get the car after their agreement is over. This is a wear-and-tear allowance that helps cover costs like scratches, dings, or other minor defects.

End of lease protocol
At the end of the lease, the customer can choose one of three options they would like to proceed with. This includes:

Extending the agreement
One can visit the dealership and hand the keys to the executive. If needed, one can also re-lease the vehicle. If the car is damaged beyond repair, a disposition and wear and tear fee will apply.

Purchase the vehicle
Some people like to buy the car they have been using. The price is predetermined for the used car. Since one has already used it for a few years, the dealership will help one purchase this vehicle at a competitive rate.

Trade the car
This also happens in some dealerships, where one can trade the car’s value for one’s next lease. If the value of the leased Subaru is higher than the estimated residual value, then this trade-in is very much possible.

0% money down lease deals
One can look for dealerships offering the 2024 Subaru Outback Base for a 0% money-down lease. In this case, the monthly price is likely to be around $434 for 36 months, with taxes added accordingly. The Subaru Crosstrek Premium is another vehicle that can be leased with a no-money-down lease. In this case, the monthly price for a 36-month agreement is likely to be around $435. This amount excludes taxes. One can also inquire about lease deals for the Subaru Forester or other models of their choice.

Additionally, some dealerships have been offering the Soleterra at a $0 down deal with $399 per month pricing, which is a competitive offer. It can generally be anywhere below $400 or $500, so if one plans to lease a Subaru, now would be the time to explore leasing options with one’s nearest dealerships. The pricing will change according to the model that one desires, so speak to the executive in detail before making a decision.