As very few customers ever choose to purchase a car with cold, hard cash, they turn to finance or leasing to streamline monthly costs of ownership. Both financing and leasing involve structured monthly payments, with a certain percentage due at the signing of your deal. However, you still might be on the fence about which is right for you, so we put together some facts explaining the differences between financing and leasing. Learn more about the differences between buying and leasing, then schedule a test drive here at Heuberger Subaru in Colorado Springs, CO. We're proudly serving the Monument, CO area.

Financing for the Long-Term

Financing through an auto loan is for drivers near Fountain who wish to own a new Subaru or used car of their own, without paying a high amount out-of-pocket. Auto loans typically also may come recommended for those with lower credit as it helps to build equity and get their score back into the green. While you may have to pay more in monthly payments, you may also choose to drop down a more significant down payment to lower these costs.

Leasing for Short-Term Convenience

Some shoppers who prefer thinking short-term consider leasing as it works similar to a rental agreement. In a lease, shoppers monthly payments and a down payment similar to an auto loan. You also set an agreement to drive the car for a pre-set number of months and miles, making leasing a great choice for commuters in Fort Carson. The vehicle also will remain covered under its factory-backed warranties, whereas, on loan, they tend to have an expiry date.

Test Drive a New Subaru or Used Car Today

Drivers who prefer leasing should check out our new Subaru inventory and current financing incentives. If buying, you may pick from any new or used car you like and start the financing process online through Heuberger Subaru in Colorado Springs, CO. We hope to hear from you soon!