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Subaru Impreza Lease Questions

301 messages,  Last post on Nov 30, 2009 at 3:18 PM

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

What is this discussion about? Subaru Impreza, Subaru Impreza WRX STi, Car Leasing, Sedan, Wagon




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#234 of 301
Re: Car_man [blueguydotcom] by ateixeira
Mar 20, 2009 (11:15 am)
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Replying to: blueguydotcom (Mar 20, 2009 9:05 am)

I got to sample RSHolland's WRX last weekend. It was nice. Didn't get it up to high speeds, we took curvy roads. I got a new Miata and we just went looking for fun roads.
 
I liked it too...what surprised me was how refined it was. No more noise than our Forester, yet a lot quicker and sportier.
 
My Miata has a 6th gear, but it's not tall enough, in fact overdrive is actually shorter than the 5 speed Miata. Odd.
#235 of 301
Re: Car_man [ateixeira] by blueguydotcom
Mar 20, 2009 (10:15 pm)
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Replying to: ateixeira (Mar 20, 2009 11:15 am)

Mazda seems to suffer from this idea "people with manuals don't like to shift in top gear". It's really weird. I've had some mazdas, my family has had some and consistently Mazda seems to put in short top gears that provide full torque/meat at 65-80 but also deliver so-so mileage. Strange business decision. I love having a 6th gear that allows the engine to loaf along.
#236 of 301
Impreza WRX lease by jasvic
Mar 26, 2009 (1:30 pm)
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I see on the Subaru site that they are offering a 349/mo on Impreza WRX:
 
Now through March 31, 2009 - $349 per month for 36 months with $1,599 due at lease signing. $0 security deposit. Tax, title and registration fees extra. Other leases available on other models. Cannot be combined with any other incentives.
 
Two questions...
 
Good deal?
 
Will I actually be able to find this deal?
 
Thank you!
#237 of 301
Re: Impreza WRX lease [jasvic] by kyfdx HOST
Mar 26, 2009 (6:31 pm)
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Replying to: jasvic (Mar 26, 2009 1:30 pm)

Mileage allowance?
 
Assuming 10K/yr, then not that great... also assuming no options...
 
If you turned it into a no money down, 15K/yr lease, then you'll be over $400/mo. including tax...
 
Not a bad lease program.. just nothing special..
 
regards,
kyfdx
#238 of 301
Re: Impreza WRX lease [jasvic] by chuck68516
Mar 26, 2009 (10:17 pm)
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Replying to: jasvic (Mar 26, 2009 1:30 pm)

Heuberger Motors in Colorado Springs is offering a WRX base, MSRP $26,310 for $23,500. Lease payment would be around $345 plus tax with ZERO down on a 36 month/10,000 mile lease. They only have 2 though.
 
The .00280 money factor is killing the great 59% residual. That would be $110 of your payment. Forester, Legacy, Tribeca and 2 trims of the Outback would be half that.
#239 of 301
Re: Impreza WRX lease [jasvic] by jasvic
Mar 27, 2009 (7:14 am)
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Replying to: jasvic (Mar 26, 2009 1:30 pm)

Thank you for the replies - Don't really care about options - just want the AWD and that engine... Yeah I would assume 10K miles per year...
 
Got in touch with a few local dealers yesterday - so far only heard back from one of them saying that they don't have anything in stock that meets the deal but could order one with 4-6 weeks wait.... Live in NJ so Colorado Springs doesn't do me much good but thank you anyway.
 
I'd need to get that mileage up to at least 12K (probably 15K) and roll around $3,000 in negative equity from my current ride into the deal so I think it's going to be too much for me... damn... thought they were supposed to giving cars away in this economy... guess it's only SUV's and American cars...
#240 of 301
Re: Impreza WRX lease [jasvic] by chuck68516
Mar 27, 2009 (10:27 am)
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Replying to: jasvic (Mar 27, 2009 7:14 am)

I wasn't implying you should fly to Colorado to get a WRX. I was just saying they are offering them for $23,500. Also, I meant 55% residual. 59% is on 24 months.
 
Subaru has never given away the WRX. Demand is too high. You're lucky to even find any at the end of March. Usually they are all gone. With 15,000 miles and $3K of negative equity your payment would probably be $505 with sales tax. Not worth it.
#241 of 301
2009 WRX Premium - Lease Now or Later?? by skaswing17
Mar 27, 2009 (2:29 pm)
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I am currently leasing a 2007 Impreza wagon, which I have fallen head over heels in love with . My 3yr lease ends Nov. 2009. I currently pay $250/mo. incl. tax, which is quite comfortable for me right now. (Lease terms: 62% Residual on $19,798 MSRP, 12K, 36Mo., $0 down, $18,886 Neog. Price, 0.00169998 Money Factor)
 
I am itching for a new upgrade, a WRX Premium , and have been toying with the idea of doing so before my lease it up (only 6 mo. to go). Problem is, I'm going back to graduate school for chemistry this fall and money will not be as plentiful as it is now with a FT job. I remember in Sept.-Nov. of 08, I was looking around dealerships for options and they kept trying to sell me on the leftover 08 WRX models that were fully equipped for the $250 price range. All good and dandy, but I really liked the 09s better. So my question is...
 
Can I get a deal, as close as possible to the price I have now, with a 09 WRX premium package now (in April/May) or should I just wait until I get closer to November for a better deal?
 
I know the price range sounds crazy, but last year they were desperate to get rid of the 08s and I'm hoping they'll be just as desperate this year to get the 09s off the lot in time for 10s.
 
My car is very low miles (just hit 20K a few wks ago) and is very well maintained, so I don't know if I might be able to get any credit towards my new one. (And I'm assuming with the price I'm looking for, I should probably put at least put 1-2K down). But I guess it all comes down to the money factor and the residuals. Will they get better or worse closer to November?
 
Opinions, suggestions, comments?
 
Thanks in advance!
#242 of 301
Re: Impreza WRX lease [chuck68516] by jasvic
Mar 27, 2009 (2:38 pm)
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Replying to: chuck68516 (Mar 27, 2009 10:27 am)

I've always wanted to visit Colorado though!
 
So the WRX is probably out of my reach... Maybe a 5 speed 2.5i...
 
So I'm currently in a 1998 A4 1.8T AWD with 141,000 miles on it that I still owe $4,000 on (got it before I graduated, got a job, and fixed my credit.. had tiny payments and huge interest and now just want to be done with the darn thing)
 
KBB for fair condition is $2,600... runs pretty well considering the age (had timing belt replaced around 120,000) but interior is a bit beat up so I'd be happy (and lucky) to get $2,000 for it.
 
I guess I'd want to lease a basic '09 5-speed 4-door 2.5i for about 36 months with minimum due at signing... have them give me $2,000 for my car and I pay the other $2,000 at signing or have them roll it into the lease... Any idea what range a fair monthly would be on that?
 
Thank you for your time and advice, much appreciated.
#243 of 301
Re: Impreza WRX lease [jasvic] by chuck68516
Mar 27, 2009 (7:51 pm)
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Replying to: jasvic (Mar 27, 2009 2:38 pm)

That would definitely be a smarter way to go. The Impreza 2.5i Sedan (9JB) has a 36 month/15,000 mile residual of 61% and a money factor of .00190. Even rolling in $2K of negative equity your payment would be $260 before tax. That was based on an MSRP of $19,190 and a NET CAP of $19,000. I've seen internet pricing at $16,446 for this exact car.

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