Subaru offers a lease program for customers who are interested in driving one of their vehicles without the commitment of purchasing it outright. Leasing a Subaru allows you to enjoy all the benefits of a new car while keeping your monthly payments lower than if you were to finance the purchase.
Does Subaru have a lease program?
Yes, Subaru does offer a lease program for customers interested in driving one of their vehicles without the commitment of purchasing it outright.
FAQs about Subaru’s lease program:
1. What are the benefits of leasing a Subaru?
Leasing a Subaru allows you to enjoy driving a new car with lower monthly payments than if you were to finance the purchase. You also have the option of upgrading to a newer model at the end of your lease term.
2. How long are Subaru lease terms typically?
Subaru lease terms usually range from 24 to 36 months, although some dealerships may offer longer lease terms depending on the specific vehicle and financing terms.
3. Are there mileage restrictions on Subaru leases?
Yes, Subaru leases typically come with mileage restrictions that vary depending on the specific lease agreement. Exceeding the mileage limits may result in additional fees at the end of the lease term.
4. Can I customize my leased Subaru with aftermarket accessories?
It is generally not recommended to add aftermarket accessories to a leased vehicle, as you may be required to remove them before returning the vehicle at the end of the lease term.
5. Is it possible to purchase my leased Subaru at the end of the lease term?
Yes, you have the option to purchase your leased Subaru at the end of the lease term by paying the residual value stated in your lease agreement. This can be a good option if you have grown attached to the vehicle and wish to keep it.
6. Are there any upfront costs associated with leasing a Subaru?
Leasing a Subaru usually requires you to pay a security deposit, the first month’s lease payment, and any applicable taxes and fees at the time of signing the lease agreement.
7. What happens if I want to end my Subaru lease early?
Ending a Subaru lease early may result in early termination fees, which can be costly. It is essential to consider the financial implications before deciding to terminate your lease early.
8. Can I extend my Subaru lease beyond the initial term?
Some dealerships may offer the option to extend your Subaru lease beyond the initial term, but this is typically subject to approval and may come with additional fees.
9. Are there any maintenance requirements for leased Subarus?
It is essential to adhere to the manufacturer’s recommended maintenance schedule for a leased Subaru to ensure the vehicle remains in good condition throughout the lease term. Failure to do so may result in additional fees at the end of the lease term.
10. Can I transfer my Subaru lease to someone else?
Subaru may offer lease transfer options, allowing you to transfer your lease to someone else if needed. This process typically involves a credit check and approval from the leasing company.
11. Do Subaru leases come with any insurance requirements?
Subaru leases usually require you to maintain a certain level of insurance coverage throughout the lease term. It is essential to review the lease agreement to understand the specific insurance requirements.
12. What happens at the end of my Subaru lease?
At the end of your Subaru lease, you will have the option to return the vehicle, purchase it at the predetermined residual value, or lease or purchase a new Subaru. Be sure to review your lease agreement for specific end-of-lease instructions and fees.