Subaru Buy VS Lease Difference
New Subaru Inventory in Salt Lake City, UT
Used Subaru Inventory in Salt Lake City, UT
Subaru Finance Department in Salt Lake City, UT
New Subaru Specials in Salt Lake City, UT

At Nate Wade Subaru, we want to be there with you for every step of your Subaru shopping experience. That means that we offer a diverse inventory of vehicles, and we're ready to answer any questions that you may have for us. One of the most common questions we get asked is: "What's the difference between buying and leasing a new Subaru?" Leasing is a process that has some misconceptions surrounding it, and while some people will prefer to just purchase their new Subaru outright, leasing is a great option for many drivers. From lower monthly payments and GAP protection to a better warranty coverage, leasing offers many benefits that buying just doesn't. Take a look below at some of the differences between buying and leasing a new vehicle from Nate Wade Subaru, and give us a call or stop by in person to ask us any questions you may have.

Buying Leasing
Sizable down payment Money Down Less up front money
Higher monthly payment Monthly Payment Lower monthly payment (up to 60% lower)
Negotiated trade-in value Trade-in No trade in hassle or negotiation
Responsible for maintenance costs after warranty expires Warranty Less maintenance - typically always under warranty
GAP protection not included - added expense to purchase GAP Protection GAP protection included
Stagnant technology based on what was in effect at time of purchase Technology Technology obsolescence protection
No loyalty incentives Loyalty Lease loyalty incentives
Eligible for all dealer incentives Incentives Eligible for all dealer incentives
Potential negative equity if you sell your car before it is paid off Equity No chance of negative equity
Not required to maintain vehicle, but since you may eventually own it, why wouldn't you? Program Maintenance Responsible for program maintenance per manufacturers recommendation or you may be charged excess wear and tear
The negotiated price of a new vehicle is the same Vehicle Price The negotiated price of a new vehicle is the same
Insurance payments are the same Insurance Insurance payments are the same

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Why Nate Wade Subaru?

Nate Wade Subaru has the distinction of being not only one of the country's oldest Subaru dealers, but also the oldest exclusive Subaru dealer. Our commitment to customer service has been nationally recognized with the 2021 Subaru Love Promise Customer and Community Commitment Award. When you shop Nate Wade Subaru, you'll have access to a diverse selection of new and used inventory, a team that's dedicated to meeting your needs, and a service center that's staffed with factory trained and Subaru certified technicians. If you have any questions about what we can do for you, give us a call today. Or, stop by and visit us in person at 1207 South Main St in Salt Lake City, UT.