Leasing vs. Financing a Car | West Palm Beach, FL

Whether you've chosen the versatile Subaru Outback , the speedy Subaru WRX , or another vehicle from our lineup, you may be asking an important question: Should I lease or buy?

You do not have to make that decision alone. Schumacher Subaru of West Palm Beach is here to help. Our team of finance professionals can help you explore the potential benefits and considerations of both leasing and financing. Let's take a look at the basics.

Benefits of Leasing and Financing: A Comparison

Upfront costs and monthly payments depend on the vehicle price, down payment, financing or lease terms, incentives, and eligibility. Compare written quotes on the same basis when deciding which option may work best for you. Before comparing payments, read our vehicle pricing and written quote questions for guidance on out-the-door totals, conditional offers, optional products and trade-ins.

Potential benefits of leasing your next car:

• Monthly payments may be lower than financing payments for a comparable vehicle, depending on the lease terms and amount due at signing.
• A new leased vehicle may remain under applicable factory warranty coverage during much or all of the lease term.
• You may have the opportunity to select a different vehicle when the lease ends.

Things to consider about leasing:

• At lease end, your contract may allow you to return the vehicle or purchase it. Ask about the purchase option, any financing needed, and applicable lease-end charges.
• Lease agreements may include mileage and customization restrictions.
• If you return the vehicle, your contract may require a disposition fee or charges for excess mileage, excess wear, or other amounts.
• Purchase and lease taxes are calculated differently. Request a written quote showing applicable taxes on your transaction and consult Florida Department of Revenue guidance for tax details.

Potential benefits of financing your next car:

• Financing agreements generally do not include lease mileage restrictions.
• You can usually customize the vehicle, subject to your finance agreement, warranty terms, and applicable laws.
• Once the required payments are complete and the loan is satisfied, you own the vehicle.

Things to consider about financing:

• Upfront costs depend on the vehicle price, down payment, taxes, fees, incentives, and financing terms.
• Maintenance and repair costs may increase as the vehicle ages or after applicable warranty coverage ends.
• Monthly payments depend on factors such as the selling price, down payment, amount financed, APR, loan term, and eligibility.

Explore Your Deal in the Schumacher Subaru Express Store

Put your comparison into practice: choose an available vehicle in our Express Store, explore its payment options and use the trade-in section to plan your next purchase. Compare the same vehicle and review the down payment, term, taxes and fees. Available financing and lease terms depend on vehicle eligibility, current programs and lender approval. Customer verification may be required.

Build Your Deal Online

Where to Lease or Buy Your Subaru in West Palm Beach, FL

At Schumacher Subaru of West Palm Beach , you'll receive the friendly service and financial guidance you need to make an informed decision.

Our team can help you compare available lease and financing options based on the vehicle, current programs, lender approval, and your eligibility. Start by exploring our secure online finance tools:

• Start Your Finance Application
• Appraise My Trade

Next, contact us online, call us at (561) 880-9949, or visit our dealership at 3021 Okeechobee Blvd. in West Palm Beach, Florida.

We look forward to helping you find the right new or used Subaru for your needs.