Lease vs Buy

Learn More About Whether Leasing or Buying a Subaru is Right for You


If you feel indecisive about whether you should lease or buy a new Subaru, don't worry - our experienced finance consultants want to help Orangeburg drivers better understand their auto finance options. We offer leasing and financing (or buying) options for new Subaru models here at Bill Kold Jr. Subaru. Our finance consultants work with drivers to find the perfect auto finance option for their budget.

Explore the Benefits of Leasing & Buying!


The Benefits of Leasing

  • Freedom to drive a new car every few years
  • Access to the newest  features
  • Lower payments
  • Warranty eligibility

The Benefits of Buying

  • No mileage caps
  • Pride of owning a vehicle
  • Customize your vehicle
  • Freedom to trade in or sell at any time

Your Leasing & Buying Questions Answered!

If I lease a new vehicle, am I getting a better deal than purchasing? 

On the surface, leasing may seem like a better deal than purchasing; however, everyone's financial situation is unique. While leasing might fit some budgets, others might prefer to drive the same vehicle for a long time, which eventually leads to no monthly car payment. 

What is an APR? 

APR stands for annual percentage rate, or the interest rate you pay on a lease or auto loan. 

Can you explain residual values? 

A residual value is the amount a leased Subaru model is worth at the end of the lease. If you decide to purchase the Subaru car after the lease expires, the residual value is the amount left you will owe. 

How is sales tax applied to a lease? 

The sales tax is only applicable to the amount the Subaru car or SUV is worth during the lease period, not the full value of the vehicle. 

How should I determine what mileage to include in the lease? 

If you drive as normal, the average mileage cap of 10,000 miles should be plenty. The good news is that Subaru drivers can purchase more miles if needed. 

What is the shortest car lease available? 

We offer car leases as short as 24 months. 

What if I need to end my lease early? 

If you need to end the lease early, there is a penalty. To discuss your options, please call the Bill Kold Jr. Subaru Finance Department at (845)-359-7777. 

What happens at the end of my lease? 

Assuming the Subaru car is under the allotted miles and in good condition, you can either buy the vehicle or lease a new one!

Are You Interested in Leasing & Buying? 

We invite shoppers from the Orangeburg, New City, Spring Valley, Suffern, & Nyack, NY. areas to stop by our local Subaru dealership to discuss your budget and auto goals. From there, we can help you decide which is best for you: leasing or buying a new or used Subaru car or SUV.

  1. Bill Kolb Jr Subaru

    252 Route 303
    Orangeburg, NY 10962

    • Sales: 845-359-7777
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Questions For Our Team?

* Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, title or non-infringement. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license. Not responsible for typographical errors.