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How to Create a Budget for a New Car

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There’s nothing more exciting than driving off the lot of Herb Gordon Subaru in a new Subaru car. But before you do so, there is some planning that must be done.

Here in our Subaru finance center, we know that talking about automobile financing is not as exciting as talking about Symmetrical All-Wheel-Drive or Subaru STARLINK®, but it is necessary for anyone buying a car. Here are some tips on creating a budget for your new Subaru car.  

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What Happens at the End of a Lease?

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You can think of leasing a car as being similar to a long-term rental. You lease your Subaru car or SUV through Herb Gordon Subaru or through a bank. At the beginning of a lease, you will put down what is called a down payment, and throughout the duration of the lease, you will pay monthly payments to the lender.

But what happens at the end of a Subaru lease? Here at Herb Gordon Subaru, our team of finance experts is happy to walk you through the simple lease-end process, as well as inform you of your options.

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What Is Included in the Used Subaru Warranty?

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When you buy a used Subaru car here at Herb Gordon Subaru, we take the worrying out of the equation by offering two available used car warranties. While some used cars have the unfortunate reputation of being unreliable, the exact opposite is true of the used Subaru cars on our lot.

No one backs their cars like MileOne Autogroup, and the Subaru Certified Pre-Owned warranty goes above and beyond when it comes to protection.

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How Much of a Down Payment Do You Need to Finance?

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While some Maryland drivers can afford to purchase a new car with cash at hand, in order to get behind the wheel, most people need to take out a financing plan. Here at Herb Gordon Subaru, our Subaru finance experts understand that car financing can be tricky, with concepts such as the down payment, monthly interest, and APR.

We are here to walk you through the car financing process and answer any questions that you may have.

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What Are My Options When Financing?

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While some can afford to pay for a new Subaru car with cash, the majority have to utilize some kind of financing plan. Here at Herb Gordon Subaru, our finance experts aim to make financing a car as simple as possible.

Working out of our Subaru finance center, our friendly team wants to help you buy a vehicle that fits your budget and driving needs. We know that financing can be overwhelming, which is why we would like to explain your financing options.

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