Leasing a Car Bloomfield NJ
Here at Lynnes Subaru, we know that getting a new Subaru is a big investment. This is why our knowledgeable finance team will take the time to get to know you, your needs and your budget. From there, they will work with you to help you find the best deals. If you are thinking of leasing your next Subaru, here are three things you want to keep in mind.
Primary Use
Before buying any vehicle, it's important that you keep in mind the primary use of the vehicle you are looking to lease. For example, if you plan on using it for business and travel often, be sure to let our finance team know this if you plan on leasing a vehicle. Most leases want you to stay under a certain mileage annually, usually between 10,000 to 12,000 miles. If you plan on doing more driving, be sure to ask our finance team to see if you can do a higher mileage lease. This can reduce your chances of driving over your mileage limits, which will result in you paying for those excess miles.
Consider Buyout Options
One of the benefits of leasing is that you have the opportunity to drive the newest Subaru vehicles every few years. However, as is often the case when you drive a Subaru, you may fall in love with the one you lease. If this is the case, you will have the option of buyout at the end of your lease term. One thing to keep in mind is that if you do a lease special with a lower monthly payment, you may pay more at the buyout price because the residual value is high.
Be Sure to Protect Yourself Against Loss
In the unfortunate event your vehicle is in an accident and it becomes totaled, it's important you have protection in place in case you owe more on the lease than the car insurance company will pay. Our knowledgeable finance team can go over GAP, or Guaranteed Auto Protection, with you. This coverage can settle the difference between the value of your vehicle and how much you own on your lease.
Leasing a new Subaru is a great way to experience all the benefits of driving their innovative vehicles. Our knowledgeable finance team is more than happy to take the time to answer any questions you may have about leasing. This way you can feel confident that you are making an informative decision. If you are ready to experience our professional servicem feel free to visit our dealership today!