Buy vs. Lease: Which Option Works Best for Me?

The 1st Subaru store in Michigan! Est. 1972
Hodges Subaru
21205 Woodward Ave
Ferndale, MI 48220
At our finance center at Hodges Subaru, we love helping Royal Oak drivers find the right solution for their particular needs. We understand that the financing process can seem complicated, but our mission is to make sure that we offer our drivers plenty of options, so they make the best decision.
When it comes to driving a new Subaru around Dearborn, you can choose to either lease a model or purchase a sedan or SUV with us. These options have different benefits, so we invite you to explore which one works best for you.
If you want the vehicle you drive to fully belong to you, we invite you to buy a car by taking out an auto loan. Purchasing a new Subaru means that you can fully customize it the way you want and that once you own it, you no longer need to make payments. Plus, you won't be subject to the restrictions you would be if you leased a Subaru.
When you choose to lease a Subaru, you agree to rent it for a specific amount of time. Leasing is an excellent option for folks who want to enjoy the benefits of a Subaru around the Detroit area but who want to have lower monthly payments compared to a loan. Leasing also means that you can choose to drive new models every time your lease is up, so you can switch up the kind of capability that you need and always enjoy the latest technologies.
If you want to chat with our staff about our financing options or the kind of vehicle you want to purchase or lease, we encourage you to reach out to our staff. You can also fill out our financing application to get things started. Want to see a vehicle up close? Feel free to visit our Subaru dealership near Warren.
We hope to see you soon at our Subaru dealership in Ferndale!
21205 Woodward Ave
Ferndale, MI 48220