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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

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




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#688 of 771
Re: Newly Leased 09 Legacy SE [jdavidson] by chuck68516
Jan 28, 2009 (8:36 pm)
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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 771
Subaru Purchasing Question by msaitta1
Jan 29, 2009 (7:16 am)
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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..
#690 of 771
Re: Subaru Purchasing Question [msaitta1] by kyfdx HOST
Jan 29, 2009 (7:31 am)
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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
#691 of 771
Re: Subaru Purchasing Question [kyfdx] by msaitta1
Jan 29, 2009 (7:38 am)
Reply

Replying to: kyfdx (Jan 29, 2009 7:31 am)

Thanks for the reply. The last time I traded in a car (in a similar condition), I ended up owing VW a thousand+ anyway, so I guess it couldn't hurt to see what Subaru's offer is before dealing with VW.
#692 of 771
Re: Newly Leased 09 Legacy SE [chuck68516] by jdavidson
Jan 31, 2009 (6:46 am)
Reply

Replying to: chuck68516 (Jan 28, 2009 8:36 pm)

I spoke to someone that offers leases through AAA. He diidn't try to sell me a lease, he just helped me with advice on this one. Here are the points he made:
 
- 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.
#693 of 771
Re: Newly Leased 09 Legacy SE [jdavidson] by stoopy
Jan 31, 2009 (4:16 pm)
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Replying to: jdavidson (Jan 31, 2009 6:46 am)

I would not ever recommend leasing from a bank. Just go into a local high volume Subaru dealer and start negotiating price. Tell them you know what invoice is and you will start there and go backwards. The $228 plus tax is very do-able.
#694 of 771
Re: Newly Leased 09 Legacy SE [stoopy] by jdavidson
Jan 31, 2009 (5:42 pm)
Reply

Replying to: stoopy (Jan 31, 2009 4:16 pm)

I'm not suggesting leasing from a bank. I haven't seen anyone post confirmation that they have leased the car at the $228 rate recently (signed the lease in the last 2 weeks).
#695 of 771
Re: Newly Leased 09 Legacy SE [jdavidson] by jdavidson
Jan 31, 2009 (8:51 pm)
Reply

Replying to: jdavidson (Jan 31, 2009 5:42 pm)

I should add that I've been into two of the highest volume subaru dealerships in ny and nj, the best rate was $300 and they let me walk out the door.
#696 of 771
Re: Newly Leased 09 Legacy SE [jdavidson] by jdavidson
Feb 03, 2009 (5:52 pm)
Reply

Replying to: jdavidson (Jan 31, 2009 8:51 pm)

Not sure what changed, but this week I was able to get two dealerships offer $257, no money down, 10k/year, 2 year leases. I'm going to see if I can get it down to $237 or so.
#697 of 771
2009 Legacy 2.5 SE (auto) for $21,339 by purplerain
Feb 12, 2009 (6:21 pm)
Reply
Hi all,
I have quoted several dealers on 2009 Legacy SE (auto). The best I get for now is $21,339 OTD. I live in Virginia. Does that sound a good price? Or should I bargain another 1k? Thank you.

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