There are many benefits to leasing a Subaru vehicle, such as lower monthly payments for drivers with a limited budget. Unlike traditional financing, you’ll have to return your vehicle once your Subaru lease term ends – at which point you can either walk away or upgrade to something new. You can even choose to purchase it if you can’t bear to part with it. Lester Glenn Subaru details what each option entails.
Return Your Leased Subaru Vehicle
You can simply return your vehicle when you reach the end of your Subaru lease term if you so choose. Your payments should be up to date at the end of this period. If your leased vehicle exceeds its mileage limit or shows signs of significant wear and tear, you’ll have to pay additional fees when you return it. You must also remove your belongings from your vehicle’s cabin beforehand.
Additional items you must have on hand when returning your leased vehicle include:
- Your owner’s manual
- The vehicle’s key fob
- A vehicle inspection report
- Maintenance records
- Repair service receipts
Trade Your Vehicle for a New Model
If you want to continue leasing a Subaru vehicle at the end of your lease term, you can trade your vehicle for a different model. This option allows you to drive newer Subaru models with updated features every few years while making lower monthly payments for upper-level trims.
Purchase Your Leased Subaru Vehicle
When your Subaru lease term ends, you can purchase your vehicle if you’re satisfied with its performance and features. This is an ideal option for drivers interested in driving their favorite model without mileage restrictions.
Explore Our Subaru Lease Options in Toms River, NJ
Leasing a Subaru vehicle is an affordable solution for many drivers. Are you interested in applying for a Subaru lease? Visit our Subaru dealership in Toms River, NJ, today to speak with our team and get started!
