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Subaru Leasing vs Financing. What's Right for You? Shopping for a new Subaru? One of the biggest decisions is whether to lease or finance. At Mark Miller Subaru, we keep it simple. Real answers, no pressure, and a clear path forward. If you're trying to decide between leasing and financing, you're not alone. It's one of the most common questions we get. The truth is, there isn't a one-size-fits-all answer—it really comes down to how you drive, how long you keep your cars, and what you want your monthly payment to look like. Here's a straightforward way to think through it. What's the Difference Between Leasing and Financing? ✓ Leasing means you're paying for the portion of the vehicle you use ✓ Financing means you're working toward owning the vehicle outright Both will get you into a new Subaru. They will just take different paths to get you there. Leasing a Subaru ✓ Lower monthly payments ✓ Less money due upfront ✓ Drive a newer Subaru every few years ✓ Warranty coverage included ✓ Predictable ownership experience ✓ Great for Draper commuters and low-mileage drivers Financing a Subaru ✓ Build equity in your vehicle ✓ Full ownership after payoff ✓ No mileage restrictions ✓ Freedom to customize your Subaru ✗ Higher monthly payments ✗ Responsibility for repairs after warranty What It Really Comes Down To The simplest way to think about it: If you want lower payments and like upgrading every few years, leasing is usually the better fit. If you want long-term ownership and flexibility, financing tends to make more sense. Subaru Lease Options Near Draper & Sandy ✓ Flexible terms (typically 36–42 months) ✓ Mileage options to match your driving habits ✓ Prepay additional miles at a lower rate ✓ No security deposit required ✓ Subaru loyalty benefits ✓ GAP coverage and wear-and-tear protection included What Happens at the End of a Lease? 1 Turn it in and lease or purchase something new 2 Buy it if you love your Subaru 3 Trade it and apply any value toward your next vehicle Common Questions Do I need to put money down? Not necessarily. Many customers choose $0 down and keep their cash available. What if I drive more than expected? You can choose a mileage plan that fits or add miles upfront at a lower cost. Is financing better long-term? If you plan to keep your Subaru for years after it's paid off, financing typically offers more long-term value. The Mark Miller Subaru Difference No matter which option you choose, the experience stays the same. ✓ Promise Price — clearly posted, same for everyone ✓ Non-commissioned team — no pressure, just guidance ✓ Transparent numbers — see lease and finance options side-by-side Ready to Explore Your Options? Whether you're leaning toward leasing or financing, we'll help you find what makes the most sense for your situation. Browse New Inventory Value Your Trade Apply for Financing Visit Mark Miller Subaru South Towne in Sandy. No pressure, just real answers.

What is GAP Insurance, and Do You Actually Need It? A straightforward breakdown from the team at Mark Miller Subaru. If you’ve financed or leased a car recently, or you’re about to, you’ve probably heard someone bring up GAP insurance. Maybe it came up in the finance office, or you saw it listed as an add-on and thought, “Do I really need this?”, which is a fair question. It can feel like just another thing being added to your deal, but in reality, GAP insurance is one of the few add-ons that can actually protect you financially, depending on your situation. At Mark Miller Subaru, we’d rather you understand exactly what you’re buying than just say yes to something on the spot. So here’s a straightforward breakdown of what GAP insurance is, how it works, and whether it actually makes sense for you. So, What is GAP Insurance? GAP stands for Guaranteed Asset Protection. All it really does is cover the difference between what your car is worth and what you still owe on it if it’s totaled. That “gap” exists because cars lose value quickly, especially in the first year, while your loan balance doesn’t drop nearly as fast. A Real-World Example Let’s say you buy a new Subaru Crosstrek for $32,000. Six months later, something happens and the car is declared a total loss. Your insurance company pays out the current value, which would maybe be around $27,500. But your loan balance is still around $30,800. That leaves you with a $3,300 difference on a car you don’t even have anymore. That’s exactly what GAP insurance covers. What GAP Covers (and What It Doesn’t) GAP insurance is pretty specific. It’s not a catch-all, it only kicks in for total loss situations. ✓ What It Does Cover The difference between your loan balance and the car’s value Works alongside your regular auto insurance Applies to both financed and leased vehicles ✗ What It Doesn’t Cover Late payments or penalties Interest or finance charges Warranties or add-ons rolled into your loan Repairs (even expensive ones) Your insurance deductible (in most cases) It’s not meant to cover everything, just that one scenario where people tend to get burned financially. Do You Actually Need GAP Insurance? Not everyone does. But in certain situations, it’s absolutely worth having. You’ll Want to Seriously Consider It If: You put less than 20% down Your loan is 60+ months (especially 72 or 84) You’re leasing You rolled negative equity into your new loan You Might Not Need It If: You put a solid amount down (20%+) You chose a shorter loan term You’re close to paying the car off If you’re unsure, the simplest way to look at it is this: If your loan balance is higher than the car’s value, GAP is doing something useful for you. How We Handle This at Mark Miller Subaru We don’t believe in pushing products just to push them. If GAP insurance makes sense for your loan, we’ll explain why. If it doesn’t, we’ll tell you that too. That’s the same approach we take with everything, from our Promise Price to how we walk through financing. No games, no pressure, just clear information so you can make the right call for yourself. Bottom Line GAP insurance isn’t something everyone needs, but when it matters, it really matters. If there’s a chance you could be upside down on your loan, it’s worth considering. If not, you can skip it confidently. The goal is simple: you understand exactly what you’re signing up for before you drive off. View Inventory Contact Us