Subaru Impreza Lease
The average cost of a Subaru Impreza lease ranges roughly from $250 to $400 a month.
Written by Drew Waterstreet
Reviewed by Jessica Barrett
A Subaru Impreza will cost you roughly $250 to $400 per month to lease depending on the terms of your agreement, the down payment, and your credit score.
The Subaru Impreza is one of the sportier hatchbacks you can find on the road today. With seven different trim levels to choose from, this vehicle’s versatility can meet a variety of demands.
Leasing a vehicle is a great way to get the most out of your auto investment—or lack thereof. When you lease, you get the best years out of the vehicle and generally have lower monthly payments.
If you’re looking into leasing a Subaru Impreza, you’ve come to the right place! The experts at
Jerry
, the #1 rated car insurance
app, are here to get you prepared. We’ll cover how leases work, how much you’ll expect to pay for a Subaru Impreza lease, what to do when your lease expires, and how to save on your Subaru Impreza insurance costs
.How to lease a Subaru Impreza
The cost and ability to lease any vehicle is dependent on the criteria of your credit history and financial bandwidth. How do you analyze this? Let’s discuss it in simple terms:
- Check your credit score. To lease a Subaru Impreza, you will want to aim for a credit score of more than 620. If you are between 520 and 619, you could qualify for an exception if you call the dealership. You may be out of luck if your score is any lower, though.
- Figure out your leasing budget. Your monthly budget towards your lease payment should be no more than 15% of your gross income per month.
- Estimate your down payment. It’s simple, the higher the down payment you're capable of paying, the lower your monthly payment will be. This is called capitalized cost reduction. Know how much you can afford up front to help you negotiate your lease agreement.
- Estimate your annual mileage. There are usually very harsh penalties for excess mileage throughout a lease agreement. Estimating your annual mileage accurately will help you avoid these extra fees.
Nobody knows you better than you do. Establishing a clear-cut financial budget can help you end up with a fair and favorable lease agreement. Remember to negotiate and compare multiple lease offers if possible.
The final step: shop for insurance
Many dealerships require you to carry a certain amount of car insurance to lease their vehicles. But, that doesn’t mean you can’t find an affordable policy. Trust
Jerry
to find you a great deal—just download the app, enter your information, and Jerry will generate customized quotes from 50+ top companies. And to top it off, the average Jerry user saves $887 a year on car insurance!
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How much does a Subaru Impreza lease cost?
The average cost to lease a Subaru Impreza ranges from about $250 to $400 a month.
This is just a rough estimate, your true price will be unique to your agreement and financial situation. Some variables in the equation include lease terms, down payment amount, credit score, and trim level selected.
As mentioned earlier, know your budget and know what you can afford at signing. Minimum down payments typically start around $1000, but higher down payments can get you a better monthly deal. Also, keep in mind the $595 acquisition fee to initiate your lease.
The versatility of the trim levels for the Subaru Impreza is what leaves critics impressed—it has seven different models! Each model offers a unique combination of handling, performance, size, and style—everything you could imagine for your hatchback.
Let’s take a look at how the cost differs across models:
Trim level | Monthly payment | Amount due at signing |
|---|---|---|
Sedan | $266 | N/A |
5 Door | $271 | N/A |
Premium Sedan | $312 | N/A |
Premium 5 Door | $319 | N/A |
Sport Sedan | $329 | N/A |
Sport 5 Door | $325 | N/A |
Limited 5 Door | $368 | N/A |
Remember, the above scores are in reference to having an excellent credit score. Let’s take a look at how a lower credit score could impact the monthly cost of a Limited 5 Door Subaru Impreza:
Credit score | Monthly payment | Amount due at signing |
|---|---|---|
720+ | $368 | N/A |
690 to 719 | $368 | N/A |
670 to 689 | $378 | N/A |
650 to 669 | $389 | N/A |
620 to 649 | $402 | N/A |
619 to 520 | Call only | N/A |
Less than 519 | May not qualify | N/A |
Hopefully, your budget matches up with the monthly cost! Once you calculate all of your estimates, you're well on your way to leasing a Subaru Impreza.
Services included in a Subaru Impreza lease
While the monthly payments for the Impreza are higher than other vehicles in its class, Subaru is prideful in its ability to get you the most “bang for your buck” out of your lease.
The high-end features and versatile performance may even make you believe you should be paying more for your lease! And let’s not forget about service, here are some common perks included in your Subaru Lease:
- Active manufacturer's warranties for new models
- Lease loyalty programs that waive fees for repeat customers
- Variety of lease-end options
- Lenient excess mileage penalties
Key Takeaway Subaru Impreza monthly lease payments range from $250 to $400, but it’s also important to take into account any additional costs as well as benefits.
What to do when your Subaru Impreza lease is up
Subaru has been known to be incredibly flexible when it comes to lease-end options. We’ll take a look at how to go about purchasing your Subaru Impreza or trading it in for a new lease. Extending your lease is also an option.
But before you go any further, you’ll want to use the
Subaru Wear and Use Guide
as your lease comes to a close. This will help you identify any issues or repairs that need to be made prior to return. You don’t want any surprise charges on trade-in day!How to return a leased Subaru Impreza
It’s important to start thinking about your lease-end options a couple of months before expiration. Subaru dealerships require you to perform a
complimentary pre-return inspection
at least 45 days prior to your turn-in date. This is a professional inspection to catch anything you missed during your Subaru Wear and Use Self-Guided inspection.Once your vehicle has been given the green light by the mechanic crew, you’ll want to make sure all of your financial obligations are fulfilled. This includes the full payment plan of your lease, any needed repair costs, and a $300 Subaru disposition fee.
How to purchase a leased Subaru Impreza
Half the reason why people lease a car is to find out if they love it or not, and we’ve heard the Subaru Impreza is an exceptional suitor for a long-term relationship.
At the end of your lease, you will have the option to purchase the vehicle from the dealership. Many dealers will give you a better deal than you would find on the open market, so it’s an enticing option. Learn more about the purchasing process
here
.MORE:
Car Loan for Subaru 2022
How to find the best car insurance for a Subaru Impreza lease
Having an insurance plan prepped and ready to go before you drive off the dealership lot is crucial. But where should you start? The
Jerry
app makes it clear and simple.In less than 45 seconds, Jerry collects all of your information from your existing insurer. Choose from competitive quotes from 50-plus top insurance companies and Jerry takes care of the rest—securing your new policy and helping you cancel your old one.
No long forms. No calling around. No hard work. Just savings, maybe even enough to upgrade the trim level on your Subaru Impreza lease!
“Jerryis an awesome tool to find rates personalized to your specific needs! I’m literally still sitting at the dealership and already finalized my new insurance so I can drive my new car off the lot.” —Charity R.
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