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Prices Paid: Buying & Leasing Experiences Subaru Legacy Prices Paid and Buying Experience
771 messages, Last post on Nov 05, 2009 at 8:01 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: jdavidson (Jan 23, 2009 2:34 pm) 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.
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Replying to: stoopy (Jan 23, 2009 9:01 pm) |
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Replying to: stoopy (Jan 23, 2009 9:01 pm) regards, jd
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Replying to: jdavidson (Jan 27, 2009 9:25 pm)
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Replying to: chuck68516 (Jan 28, 2009 1:19 pm)
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Replying to: jdavidson (Jan 28, 2009 6:16 pm)
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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..
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Replying to: msaitta1 (Jan 29, 2009 7:16 am) 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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Replying to: kyfdx (Jan 29, 2009 7:31 am) |
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Replying to: chuck68516 (Jan 28, 2009 8:36 pm) - the residual for the le lease through a bank is 52%, through subaru credit 72 - A bank can use the higher msrp, subaru credit will not, this is effectively a way to even out the residual - he thinks the low 200/month payment is a mistake at the dealer where they are using the wrong msrp. Again, he did not try to sell me anything, just spent 15 minutes with me giving advice and analyzing the deal.
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