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Prices Paid: Buying & Leasing Experiences Subaru Impreza Lease Questions
300 messages, Last post on Nov 24, 2009 at 3:25 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| If I were to purchase my vehicle before the end of my lease is up would there be any additional fees and charges besides the original purchase option fee? If there is a substantial charge I have a second question. I just leased an impreza for 48 months, but the finance manager messed up the paperwork and the leasing co. wouldn't accept as is and now they want me to come in and resign the paperwork. Would I be in my rights to request a shorter lease term at this point in time, say 24 or 36 mo's instead, or am I still bound by the original contract even though the finance co. rejected the paperwork as is? | |
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Hi again car man, What are the October lease rates for the 2006 Impreza WRX and WRX TR, for terms of 36 months, 12,000 mi.per year, and 48 months, 12,000 mi per year? Also, does it appear that Subaru is just pushing purchases right now (is there better support for purchase financing than for leasing these models)? Thanks again, Ben |
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Hi tinycadon. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates, even if you intend to keep your vehicle. It often turns out that it costs more purchase leased vehicles than they are worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. If your lease application was never officially accepted by the bank that the dealer was trying to run it through there is a good chance that you would be able to get them to change the length of your lease. Keep in mind though that altering the length of your lease will have an impact upon its monthly payment. Shorter leases tend to have higher payments than longer leases do. Car_man Host Smart Shopper / Prices Paid Forums |
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Hi again Ben. If you were to lease a 2006 Subaru Impreza WRX Sedan through its captive finance company right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00230 and 58%, respectively. The numbers for an otherwise identical 48 month lease should be .00230 and 50%. If you were to lease a 2006 Subaru Impreza WRX TR for 36 months, with 12,000 miles per year, its buy rate lease money factor and residual value should be .00245 and 59%. The numbers for an otherwise identical 48 month lease should be .00220 and 49%, respectively. As far as conventional financing go, Subaru has special rates of 1.9% for 24 months, 2.9% for 36 months, 3.9 for 48 months, and 4.9% for 60 to 72 months on the 2006 Impreza right now. These rates are a little better than Subaru's lease money factors for this car, which are equivalent to interest rates of a little over 5%. Car_man Host Smart Shopper / Prices Paid Forums |
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I have a few prices from the local Subaru dealers on a WRX TR. The best price I have been quoted so far is $23K. Does anybody plan on cross shopping the '06 Saab when it comes out? I like the looks of the Saab a bit better and with the deep discounts GM has been offering plus free maintenance for something like 2 years, the Saab version could be a relative bargain. Assuming of course that it will have the same upgrades that the WRX got this year (brakes, wheels, engine).
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Replying to: fatnugget (Oct 29, 2005 8:12 am) -juice |
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I am trying to find the money factors and residuals for leasing a WRX Sport Wagon (NOT the Limited version), for both 36 and 48 months, with 15K miles per year. Can anyone help? I'm in NC if that makes any difference. Thanks.
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Replying to: ggerg (Dec 04, 2005 5:40 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Hi Car_man, I am interested in leasing a 2006 WRX Sedan. (1) What are the lease money factor and residual value for 24 months/12,000 miles per year and 36 months/12,000 miles per year? (2) Are the numbers the same for the Limited model? Thanks
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Hello Car_man, I was trying to find the leasing information currently on the 2006 wrx or wrx tr sedan. For a 36 month lease at 12,000 miles a year. Thank You
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