|space||The average American trades cars every three to four years. It's a common dilemma: to lease a car or buy a car - which is better? Everyone who has ever considered leasing has had this question cross their mind. After all, our parents always purchased a car; isn't that what we are supposed to do as well? The answer is - it depends. It's not possible to simply say that one is always better than the other because the answer depends on the specifics of each individual situation. |
Simply put, leases and purchase loans are two different methods of automobile financing. A lease finances the use of a vehicle; the other finances the purchase of a vehicle.
At Subaru of Keene, our goal is to help you find the car you want at the price you can afford. This page of our website is designed to educate you on the differences between a lease and a purchase and give you to questions to ask yourself, and us, about the benefits and drawbacks of each. Each has its own benefits and drawbacks and we'll try to simplify it and separate fact from fiction. When making a 'lease or buy' decision you must look not only at financial comparisons but also at your own personal priorities - what's important to you.