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Subaru Legacy Prices Paid and Buying Experience

731 messages,  Last post on Jun 24, 2009 at 7:21 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Subaru Legacy, Sedan, Wagon




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#679 of 731
Newly Leased 09 Legacy SE by wallie502
Jan 02, 2009 (4:04 pm)
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For anyone who is curious, I just got what I think is a great lease deal on an 2009 Legacy SE (model 9AC). After getting the dealer to price match, I'm paying $2,590 final downpayment (including tax, reg. and all fees, 1st month) and $179/month for 24 months, 10,000mi/yr. The car is Diamond Gray with black interior, 5sp manual, and the dealer threw in all-weather floor mats and the winter safety kit. The list price on the vehicle was (I think) $22,085. Picked it up from Ramsey Subaru in Ramsey, NJ on New Years Eve. So far... I'm very pleased.
#680 of 731
2005 subaru legacy gt by jerzshore80
Jan 18, 2009 (12:29 pm)
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i just bought a 2005 legacy gt with 50k for $10,000. the person who owned it before me had a performance clutch with a short shifter put in about 1,000 miles ago and also a performance air intake system aswell. can anyone tell me how much if any horsepower this will add to my car? and also what other cost effective things i can do to add extra horsepower to my car.
#681 of 731
Re: Newly Leased 09 Legacy SE [wallie502] by stoopy
Jan 19, 2009 (9:41 pm)
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Replying to: wallie502 (Jan 02, 2009 4:04 pm)

Yeah your payment is $179 per month for 24 months but you put down $2,590. That equates to over $286 per month on a zero down. People are getting Special Editions for under $230 per month, $220 on a manual trans. It's not really as good of a deal as you think. Sign and drive is the only way to go. Worst case scenario you pay the first payment. Doesn't make any sense to put money down on a lease.
#682 of 731
Re: Newly Leased 09 Legacy SE [stoopy] by jdavidson
Jan 23, 2009 (3:34 pm)
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Replying to: stoopy (Jan 19, 2009 9:41 pm)

could you please post a link or details to the $230/month se deal?
 
much appreciated,
jd
#683 of 731
Re: Newly Leased 09 Legacy SE [jdavidson] by stoopy
Jan 23, 2009 (10:01 pm)
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Replying to: jdavidson (Jan 23, 2009 3:34 pm)

This is an email quote I got from my local dealer with my only question being "how low can you go?"
 
24 month-10000 miles a year
MSRP:22790 SPECIAL ED. AUTOMATIC
Cap cost 20020 plus acq fee of 595
.00250 money factor (tier 1)
72% residual value
We are able to use the higher MSRP of 24540 before 1750 Special Edition package discount which in turn makes the lease even better. $227.30 per month, zero down.

 
Again, this is an email quote I received from my local dealer after one email. I am sure you could do a little better if you hounded them a little. Keep in mind invoice is around $21,500 and there is $500 rebate and holdback of $763. So, obviously the dealer owns this car for even less than that.
#684 of 731
Re: Newly Leased 09 Legacy SE [stoopy] by jdavidson
Jan 24, 2009 (8:00 am)
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Replying to: stoopy (Jan 23, 2009 10:01 pm)

thanks so much for the info. Would you mind sharing the name/location of the dealer? I'm in ny metro area and would take that lease in a heartbeat.
#685 of 731
Re: Newly Leased 09 Legacy SE [stoopy] by jdavidson
Jan 27, 2009 (10:25 pm)
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Replying to: stoopy (Jan 23, 2009 10:01 pm)

well, I've contacted 3 local dealers and can't come close to this rate. The sticking point is that they won't use the higher msrp.
 
regards,
jd
#686 of 731
Re: Newly Leased 09 Legacy SE [jdavidson] by chuck68516
Jan 28, 2009 (2:19 pm)
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Replying to: jdavidson (Jan 27, 2009 10:25 pm)

Sounds to me like you have a very greedy dealer. The only reason they would not use the higher MSRP to figure the lease is because they want that $1,750 as extra cash profit. I'd contact a different dealer. Get an email quote from Fitzmall. If they can't do it, no one can.
#687 of 731
Re: Newly Leased 09 Legacy SE [chuck68516] by jdavidson
Jan 28, 2009 (7:16 pm)
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Replying to: chuck68516 (Jan 28, 2009 2:19 pm)

anyone know a dealer in the ny metro area that will do this deal?
#688 of 731
Re: Newly Leased 09 Legacy SE [jdavidson] by chuck68516
Jan 28, 2009 (9:36 pm)
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Replying to: jdavidson (Jan 28, 2009 7:16 pm)

There are some places in this world where things just cost more. Having been to New York several times I would definitely say IT IS ONE OF THOSE PLACES. Point being, you will probably have to branch out a little in your search. If you are looking for the cheapest gas around you don't just fill up at your corner station that is 30 cents higher than 2 blocks down do you? Send out some emails to a ton of dealers. Tell them you know the invoice price, residual, money factor, rebate, and their dealer holdback and you want their best price quote. Once you get some responses you will know who is being at least semi honest.

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