Sellers Subaru

The Advantages: In certain circumstances buying a new or used vehicle is not a viable option. With a leased vehicle you have substantially lower monthly payments, and if a down payment is necessary, it tends to be minimal. Leasing a vehicle also means that depreciation isn't a concern since you won't have to worry about resale. You also have the luxury of owning a new car every few years.

The Disadvantages: With leasing, you will never escape monthly payments. Depending on what type of lease agreement you have, at the end of your contract, you either turn the keys over to the dealership or finance the remaining value on the car. Another drawback of leasing a vehicle is mileage restrictions. If you go over your allotted miles, you are charged. If you have a job where you are required to travel often, leasing is not the right option for you. Insurance companies tend to charge higher coverage on a leased vehicle as well.