---
id: faq-0014
title: "What's the difference between buying and leasing a car?"
category: faq
subtopic: financing
page_type: faq
source_url: "https://www.castlesubarumchenry.com"
tags: ["financing", "lease-vs-buy", "education"]
questions:
  - "Should I buy or lease?"
  - "Lease vs. purchase-what's the difference?"
  - "Which is better for me, buying or leasing?"
related: [financing-options, trade-in-value]
dealer: Castle Subaru McHenry
---

**Buying:** You own the vehicle outright (after paying off a loan). You keep it as long as you want, make all the repairs, and build equity. Your monthly payment typically ends, then you own it free and clear.

**Leasing:** You rent the vehicle for 2-3 years, pay a monthly fee, and return it. Leases include warranty and maintenance, no surprises. Great if you love new cars; not ideal if you drive very high mileage.

**Which fits you?** Buyers who plan to keep a car long-term, drive freely, or want to customize should consider purchasing. Leasing suits those who enjoy new-car comfort, predictable costs, and low-hassle maintenance.

Our Finance team at **(779) 601-0797** can compare both paths for your budget and lifestyle. Browse our ~119 new Subarus or ~208 used vehicles to find your match!