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Subaru Legacy Prices Paid and Buying Experience

777 messages,  Last post on Nov 17, 2009 at 4:32 AM

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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#681 of 777
Re: Newly Leased 09 Legacy SE [wallie502] by stoopy
Jan 19, 2009 (8:41 pm)
Reply

Replying to: wallie502 (Jan 02, 2009 3:04 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 777
Re: Newly Leased 09 Legacy SE [stoopy] by jdavidson
Jan 23, 2009 (2:34 pm)
Reply

Replying to: stoopy (Jan 19, 2009 8:41 pm)

could you please post a link or details to the $230/month se deal?
 
much appreciated,
jd
#683 of 777
Re: Newly Leased 09 Legacy SE [jdavidson] by stoopy
Jan 23, 2009 (9:01 pm)
Reply

Replying to: jdavidson (Jan 23, 2009 2:34 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 777
Re: Newly Leased 09 Legacy SE [stoopy] by jdavidson
Jan 24, 2009 (7:00 am)
Reply

Replying to: stoopy (Jan 23, 2009 9:01 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 777
Re: Newly Leased 09 Legacy SE [stoopy] by jdavidson
Jan 27, 2009 (9:25 pm)
Reply

Replying to: stoopy (Jan 23, 2009 9:01 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 777
Re: Newly Leased 09 Legacy SE [jdavidson] by chuck68516
Jan 28, 2009 (1:19 pm)
Reply

Replying to: jdavidson (Jan 27, 2009 9:25 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 777
Re: Newly Leased 09 Legacy SE [chuck68516] by jdavidson
Jan 28, 2009 (6:16 pm)
Reply

Replying to: chuck68516 (Jan 28, 2009 1:19 pm)

anyone know a dealer in the ny metro area that will do this deal?
#688 of 777
Re: Newly Leased 09 Legacy SE [jdavidson] by chuck68516
Jan 28, 2009 (8:36 pm)
Reply

Replying to: jdavidson (Jan 28, 2009 6:16 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.
#689 of 777
Subaru Purchasing Question by msaitta1
Jan 29, 2009 (7:16 am)
Reply
I have a question about buying a Subaru and some of the options that I have.
 
I am currently leasing a Jetta, making my last payment in Feb and I was wondering if Subaru would buy the lease at the end, rather than trading it back in to VW or buying it myself and then trading it in to them. I would rather not deal with VW anymore because they are very shady and constantly throw out hidden costs and fees. I would rather go to Subaru and work out deal with them. The car is in great shape and I am a little over my miles, nothing drastic. I know there will probably be some negative equity since Subaru probably won't appraise it at the price VW wants at the end of the lease, so I know I will have a take a little hit but I was wondering if this was common practice or even feasible. Thanks..
#690 of 777
Re: Subaru Purchasing Question [msaitta1] by kyfdx HOST
Jan 29, 2009 (7:31 am)
Reply

Replying to: msaitta1 (Jan 29, 2009 7:16 am)

Sure... any dealer can take your car in trade...
 
But, expect the difference to be many thousands... not just a little bit.. You'll probably be better off finacially to just turn the car back in, and then make your best deal on a new car, without the trade involved.
 
regards,
kyfdx

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