Lease vs Buy a Subaru

The question you've been asking yourself is: should I lease or buy my next Subaru? 

Whether this is your first car or just your next one, you have already heard plenty of offers and details about a lease on a new car, or a better plan to purchase another one. When it comes to getting into a new car, consider leasing a new Subaru instead of buying.

When you lease a new Subaru, you are saving yourself the headache down the road that all cars over the age of 8 begin to run into, with major repairs and parts replacements. You may also get a better deal at our dealership here in Bend, OR because your monthly payments are not the overall value of the new car, but the value from the time of you lease and to the end of it, as we use the guaranteed residual value of the car when you bring it back. You also benefit from having a warranty that covers the length of your lease, so if anything does happen to the car during your lease, you are most often still under warranty, saving money yet again.

Statistically, the majority of Subaru owners purchase their vehicle because that is what they have always done. Actually, about 75% of Subaru owners buy their new car. This space is intended to show you why leasing has become an increasingly popular option. Not everyone is a good candidate for leasing, but many Subaru buyers are. 

In this space, we'll give you some facts about leasing to enable you to determine if a Subaru lease is right for you. Here's some of the information you can review:

  • Learn what a car lease is.
  • Learn what makes Subaru leases unique and how Subaru's Owner Loyalty Program could save you money.
  • Understand what your three options are at the end of a Subaru lease.
  • Follow some simple rules for when you should lease and when you shouldn't.
  • Ask our lease experts to give you a lease vs purchase quote on any new Subaru in our inventory.

What is an Automobile Lease?

Think of leasing as if you are borrowing a vehicle. You pay for the part you use. With a lease, you are financing the use of the car and not the car itself.

Lease vs. Purchase:

When you lease a Subaru:

- Generally LESS up front money

- LOWER monthly payment

- No trade-in negotiation 

- Less maintenance cost (always under warranty)

- GAP protection included

- Update safety & technology every three years

- Receive Subaru Lease Loyalty Incentives

- No chance of negative equity

- Sales tax applied to monthly payment and
spread out over term of lease

When you Purchase a Subaru:

- Generally MORE up front money

- Higher monthly payment

- Negotiated trade-in value

- Responsible for maintenance costs after
warranty expires

- GAP protection NOT included - added
expense to purchase

- Safety & technology does not change

- No loyalty incentives

- Potential negative equity when you sell if
value is less than payoff

About Subaru Leases
  • A typical Subaru lease is 36,39 or 42 months at 10,000, 12,000 or 15,000 miles per year. You may pre-buy additional mileage at .10 per mile at the time of your lease. Excessive mileage is currently charged at .15 per mile at the end of the lease
  • There is NO security deposit required.
  • A $300 disposition fee is waived if you purchase or lease another Subaru.
  • Subaru offers lessors a loyalty bonus equal to the first month of your next lease free (up to $500).
  • Subaru is very generous with $1,000 "wear and tear" allowance when you turn your car in. This covers typical scratches, dings, and minor deferred maintenance items.
Options at the end of your Subaru lease:
  1. Simply hand the keys over when you turn the car in. You can either re-lease (owner loyalty), purchase or simply walk away. Disposition and excessive wear and tear fees may apply.
  2. Buy it. You've driven the car for 3+ years and no one knows it better than you. What a great way to get a quality "used" car at a pre-determined price. We'll help you with the paperwork and/or financing for the balance of the car at very competitive rates and even help extend the warranty.
  3. Trade it. This is really cool!  If the actual cash value of your leased Subaru is higher than the estimated residual value, you could trade the car in and use the equity toward your next lease or purchase. It's almost like free money you weren't expecting!  We offer top trade value on leased and pre-owned vehicles. So, this option is favored by many Subaru owners in our area.
You should NOT lease a Subaru if you:
  • Tend to drive more than 15,000 miles per year.
    You can pre-pay for additional miles @ .10 per mile at the time of leasing but the penalty afterwards is .15 per mile for overage.
  • Expect a change in your job or family status.
    Changing status (job, family, baby) could alter the requirements of your current vehicle. Early termination of your lease could be costly.
  • Like to keep your cars for a long time.
    This allows you years of no car payments.
  • Mistreat your cars or don't maintain them.
    You are responsible for maintaining your leased vehicle according to Subaru's specifications
  • Want to customize your car.
    What goes on must come off without damaging or altering the car when you turn it in. This commonly happens with performance vehicles like a WRX/STI.
Consider a Subaru lease if you:
  • Want a lower monthly payment or more car for your money
  • Desire less maintenance headaches.
    Subaru's 3 year, 36,000 mile bumper-to-bumper warranty covers everything (even wiper blades) except for regular scheduled maintenance - which you would do anyway whether you bought it or leased it.
  • Have fairly consistent mileage history so as to not incur mileage penalties.
  • Enjoy the latest safety, features, technology and mileage improvements.
  • Just like the smell of a new car.


There are many factors to consider when deciding if a Subaru lease is right for you. We recognize that every customer has unique requirements. Our goal is to listen to your requirements and provide helpful information to enable you to make a good decision. Stop by or give us a call. We'll be happy to explain all your options and help you find the vehicle and the acquisition option that's right for you.

Ask Our Staff

Subaru Of Bend

2060 Ne Hwy 20
Directions Bend, OR 97701

  • Sales: (541) 389-3031
  • Service: (541) 389-3031
  • Parts: (541) 389-3031


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  • Thursday 8:00am - 7:00pm
  • Friday 8:00am - 7:00pm
  • Saturday 9:00am - 6:00pm
  • Sunday 11:00am – 5:00pm
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