Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 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
|
|
|---|---|
I figured I'd post the numbers I got yesterday for WRX's. The lease rates aren't really relevant since I didn't negotiate any further once I saw the money factor. I was quoted with a 0.0033 money factor on both the WRX base and Premium. Based on 12k mi/yr 36 month leases, the base had a residual of 58% and the premium 55%. It's really unfortunate, I know they'd bring the buying price down quite a bit, and the residual is very good, but the money factor kills leasing a WRX right now. Hopefully the April numbers will be better.
|
|
|
|
|
Replying to: z2adambomb (Mar 31, 2009 9:20 am) |
|
I closed Monday on a 2009 Impreza wagon with navigation and satellite radio in the Chicago area. The MSRP with options was $24,158, but they sold it to me for $21,407 after a $750 rebate (several hundred dollars below invoice). The Tier I money factor was .0027 for 36 months, .00269 for 39, .00266 for 42 months, and .00274 for 48 months. The residual value was 52% for 36 months, 50% for 39, 49% for 42 months, and 44% for 48 months. I went with 42 months. An independent leasing company told me the residual on the Impreza wagon is lower than the sedan; apparently fewer people want to wagon. (I think that's weird, but I like hatchbacks.) Thanks for your help.
|
|
|
how you guys doin.me and my wife recentlly went to a subaru dealer in nj she was interested in leasing a impreza they ran her credit and then told her she couldnt because she had a credit score of 635 she filed bankruptcy 4 years ago and everything is discharged can yo get a lease even tho you dont have perfect credit? this is our first car we are trying to get so the game is new to us any help is appreciated thanks in advance  
|
|
|
Replying to: sdfoer (Apr 01, 2009 7:14 pm) Buy it on a 60 month bank loan, it will be way, way cheaper. |
|
|
|
|
Replying to: mattf2 (Mar 31, 2009 8:45 pm) Why would you lease for 42 months? You are going to be out of warranty for 6 months. Plus you'll have to put new tires on it before you turn it in. I'm guessing your payment is just over $355 a month unless you put money down. Not a good deal at all in my opinion. |
|
|
I still think my "quick" check of lease prices takes everything (MSRP, MF, Cap Cost, rebates and residual) into account. I base it on minimal money down (title & doc fees, etc.), 36 months and 15,000 miles per year. Just divide the MSRP by the monthly payment. 70-75 is typical. 80 is very good. 90 is excellent, and 100 and over is great. As a test, try this on any lease you're looking at. Of course, the best way is to convert all of your costs into PV using your personal opportunity interest rate (not the MF), but this method is complicated and time consuming. Anyway, now that I am reviewing the details below (lease factor of 74 - not too good), but it looks like I'm paying within $26 of Invoice less $1000 in rebates plus acquisition fee. 2009 Subaru Outback Sport with iPod interface, splash guards, armrest extension with an MSRP of $22,208. MSRP: $22,208 Edmunds Invoice: $20,997 Aquisition fee: $595 Residual: $12658.56 (based on the above 58%, it appears that the splash guards are included in the residual, but the iPod interface and arm rest extension are not) Car Show Coupon: $500 Factory Rebate: $500 Cap Cost: $20,566.35 MF: .00220 (as reported here, not from the dealer) Monthly Lease: $301.73 plus 9% PA tax= $328.89 OTD: $549 ($328.89+doc, license, title fees of $220.11)
|
|
|
thanks for the help....we are going to buy either a impreza or mazda 3 well see....its just dealing with the shady salesmen sometimes gets frustrating first car so we are learning as we go to dealers and hlp wit purchasing options is appreciated thanks again |
|
|
|
|
Replying to: lch77 (Apr 03, 2009 8:49 am) Also, the 15,000 mile residuals for a 2009 Outback Sport AT is 65% on 24 months, 57% on 36 months and there are no factory rebates to customer. There is $500 in manufacturer to dealer cash. I've seen selling prices for these at $19,500 plus the acquistion fee. Don't even bother to check TMV price. Doesn't equate to anything. Monthly payment for 15K, 36 months would be $303.87 including tax. 12,000 miles would be $297.68 including tax.
|
|
I just leased a 2009 Impreza, automatic transmission with Premium Pkg plus a remote auto start and iPod adapter. 36 month lease, 10k miles per year. $950 down, $275/month. Buyout is $12,300. Seemed like a good eal. enjoying the vehicle so far. FYI, this was from a northern NJ Subaru dealership, leased through their arrangement with Chase.
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Subaru Impreza Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Subaru Impreza
Browse by Board
Browse by Topic
Today's Chats
