Common Car Leasing Myths Explained

Tri City Subaru

195 Route 108
Directions Somersworth, NH 03878

  • Sales: (855) 824-5991
  • Service: (855) 824-0231
  • Parts: (888) 857-5016

Hours

  • Monday 8:00AM-7:00PM
  • Tuesday 8:00AM-7:00PM
  • Wednesday 8:00AM-7:00PM
  • Thursday 8:00AM-7:00PM
  • Friday 8:00AM-6:00PM
  • Saturday 9:00AM-5:00PM
  • Sunday 11:00AM-3:00PM

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There are so many reasons why not to lease a vehicle...or are there? Many people have a stigma about leasing and then discover that many of their fears are just myths. Here are a few common examples...

Can I get out of my lease early?
Answer: Yes! You may purchase the vehicle outright at any time during the lease or you can also trade it in towards a new lease or the purchase of a vehicle!

I'm in an existing lease but don't need my car anymore. What can I do?
Answer:
We buy cars! Doesn't matter if you leased somewhere else! If you want out of your lease, and you your outstanding lease balance is less than what the car is worth, we will purchase your vehicle from you and pay off the existing lease!

If I get a few scratches on my lease am I going to have to pay for them?
Answer: Not exactly. Subaru's leases cover up to $1,000 in excess wear and tear on the vehicle. If any damage goes beyond $1,000 you would only pay the difference!

I drive a lot of miles. Won't I have to pay a lot of money when I turn the lease in?
Answer: No! If you know you drive a lot of miles you can select a high mileage lease! 20,000 miles per year and up is no problem for a Subaru lease! You can also purchase the car outright at the end of the lease if you choose!

Don't I have to put a lot down at signing to get a lease?
Answer: No! We have leases where you don't have to put any money down at signing!


Aren't payments higher with a lease?
Answer: No! In fact many times the payment is 50%-70% of a normal monthly payment if owning the vehicle!

What about maintenance? Do I have to pay all the maintenance on the vehicle throughout the lease?
Answer: Not exactly. Because you are getting a new vehicle you will be covered under the bumper-to-bumper warranty as well as the power train warranty for much, if not all of your lease!


What do I do at the end of the lease?
Answer: If you still love your Subaru buy it outright! If you want to try out a newer Subaru model, lease another one! You could also trade in your leased vehicle as 90% of leased Subaru vehicles have remaining equity in them! You also have the option of just turning your vehicle in at the end of the lease and finding another car!

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