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Subaru Impreza Lease Questions

297 messages,  Last post on Oct 31, 2009 at 7:26 AM

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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#43 of 297
Re: Negative Equity Dilemma [Car_man] by jwill008
Nov 20, 2006 (10:02 am)
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Replying to: Car_man (Nov 20, 2006 5:45 am)

The msrp is 25620, the selling price is 21999. i am looking for a lease that is 3 or 4 years. preferably 4 to spread the negative equity out. and a mileage limit of 12000 a year. thanks
#44 of 297
Re: Is this quote on a lease too high [Car_man] by carnutz3
Nov 21, 2006 (3:31 pm)
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Replying to: Car_man (Nov 20, 2006 5:43 am)

Hi Carman,
 
Thanks for the info. BTW, the MSRP is $34,400 and the selling price is $32,300.
#45 of 297
sidz by sidz
Dec 02, 2006 (4:36 pm)
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Hi, If anybody can tell me if a lease of 250 per month for 36 months all tax included is a good deal for an 07 subaru impreza.I would appreciatte your input.
#46 of 297
impreza lease by sidz
Dec 02, 2006 (4:40 pm)
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Hi, If anybody can tell me if a lease of 250 per month for 36 months all tax included is a good deal for an 07 subaru impreza, 2.5 automatic.I would appreciate your input.
#47 of 297
Re: Negative Equity Dilemma [jwill008] by Car_man HOST
Dec 14, 2006 (4:19 am)
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Replying to: jwill008 (Nov 20, 2006 10:02 am)

Thanks for the additional information, jwill008. OK, so you are interested in leasing a base 2007 Subaru WRX Sedan with an MSRP of $25,620 and a selling price of $21,999 through Subaru Finance right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment would be around $293. The payment for an otherwise identical 48 month lease would be $288. If you were to roll half of the negative equity that you have in your current car, $3,000, into this car's capitalized cost, its 36 month payment would increase to around $384. Its 48 month payment would increase to around $358.
 
Are you sure that you really want to lease your new vehicle with only 12,000 miles per year. I believe that you mentioned in a previous post that the reason you are so upside down on your current vehicle is because of the high mileage that you put on it. Rather than having a repeat of this problem with your next vehicle, you would be better off leasing with 15,000 miles per year. Increasing to 15k won't make that much of a difference in your car's payment.
 
Car_man
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#48 of 297
Re: Is this quote on a lease too high [carnutz3] by Car_man HOST
Dec 14, 2006 (4:25 am)
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Replying to: carnutz3 (Nov 21, 2006 3:31 pm)

You're welcome, carnutz3. A base 2007 Subaru Impreza WRX STi has a spread of $1,877 between its full MSRP and dealer invoice price. You were quoted a discount of $2,100 on this car. This is probably right around dealer invoice once the optional equipment is taken into account, which is a good deal. Using the prices that you mentioned, I estimate that this car's zero down, pre-tax, 42 month, 12,000 mile per year monthly payment would be around $428. As you can see, even if it includes tax the payment that you were quoted for this car is a little on the high side. Make sure that the dealer you are working with uses Subaru Finance's current 24 month, 12,000 mile per year lease money factor and residual value of .00255 and 58% to calculate your car's monthly payment.
 
Car_man
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#49 of 297
Re: sidz [sidz] by Car_man HOST
Dec 14, 2006 (4:27 am)
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Replying to: sidz (Dec 02, 2006 4:36 pm)

Hi sidz. At first glance, the monthly payment that you mentioned looks attractive. However, I will be able to give you a much more detailed analysis of this deal if you provide me with this car's MSRP, selling price, and mileage allowance and tell me exactly what version of the Impreza you want. Let me know and I will tell you what I think.
 
Car_man
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#50 of 297
Lease questions for '07 Impreza 2.5i Wagon by saru1
Jan 05, 2007 (4:34 pm)
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Hi--
I need some good advice. I'm a long-time Impreza driver and about to sign my 1st lease for an '07.
 
Specs:
$18,620 MSRP (VT dealer)
Trade-in on '05 Impreza RS (30K miles): $11,900.
'05 Payoff quote: $9400
Lease: $288 down, $215 a month, 36 month, 45,000 miles.
Includes a sunroof (to be installed by dealer).
Residual: $10K
 
Can I negotiate this down any further?
 
If you can get back to me by tomorrow, it would be greatly appreciated. Thanks!
#51 of 297
Re: sidz [Car_man] by sidz
Jan 06, 2007 (7:14 pm)
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Replying to: Car_man (Dec 14, 2006 4:27 am)

Thanks for your reply,
Its an 07 impreza, 2.5i, msrp was put by the dealer of 19,000K with a residual of 11,700, zero down, 12k per year mileage, all of which comes down to a monthly payment of 248/month. I already signed it up. Is this a good deal?
I would appreciate your reply.
Thanks
#52 of 297
Re: Lease questions for '07 Impreza 2.5i Wagon [saru1] by Car_man HOST
Jan 24, 2007 (4:18 am)
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Replying to: saru1 (Jan 05, 2007 4:34 pm)

Hi saru1. Since you have never leased an Impreza before, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
The most important numbers to focus on when leasing are your vehicle's selling price and the money factor that is being used to calculate its monthly payment. Make sure to find out both of these numbers before finalizing your deal. If you let me know what the selling price is I would be happy to give you my opinion of it. For now I can tell you that Subaru Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Subaru Impreza 2.5i Wagon with 15,000 miles per year are .00135 and 59%, respectively.
 
Car_man
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