leasing-keyboard.jpg

When the time comes for your next Subaru lease, make the dealership Blaise Alexander Subaru of Lewistown. We make it easy to learn about the terms and steps that go into leasing a vehicle, so you can feel confident and excited along the journey.

Lease

You have two main options to pick from when financing a car: leasing and purchasing. When you lease, you’re essentially renting the vehicle. You’ll have access to the latest models on the market, and you can drive the vehicle for anywhere between two to five years. Leases can save you money since the down payment and monthly payments are lower, and you’ll be able to trade your vehicle in at the end of the lease and drive off in a brand-new model.

Credit

One of the most important factors to consider when leasing a vehicle is your credit score. Typically, a very high credit score is required to be eligible for a lease, and the higher your credit score, the more favorable the terms available to you. 

Mileage Limit

Leases typically have restrictions, including on what type of driving you do and custom changes or upgrades to the car. One of the most common restrictions is mileage, and your lease will come with a mileage limit. This is the number of miles you can drive according to your lease agreement; going over that limit can be costly.

Early Termination

Most leases last two to five years, and you want to take the time to decide how long you want to drive the car. If you try to return the vehicle early, you will face a costly early termination fee.

GAP Insurance

GAP insurance covers the difference between the value of the vehicle and your traditional insurance coverage. It is required to lease, to protect against totaling or theft.

Lease a New Subaru in Burnham, PA

No matter what your leasing needs may be, Blaise Alexander Subaru of Lewistown is here to help. Visit our dealership to learn more about the leasing process, and to pick out the perfect car today!

Categories: Finance