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Subaru Impreza Lease Questions

166 messages,  Last post on Oct 02, 2008 at 9:28 PM

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

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#50 of 166 Lease questions for '07 Impreza 2.5i Wagon by saru1 Jan 05, 2007 (5:34 pm)
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! Replies to this message: Car_man (Jan 24, 2007 5:18 am)
#51 of 166 Re: sidz [Car_man] by sidz Jan 06, 2007 (8:14 pm)
Replying to: Car_man (Dec 14, 2006 5:27 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 Replies to this message: Car_man (Jan 24, 2007 5:22 am)
#52 of 166 Re: Lease questions for '07 Impreza 2.5i Wagon [saru1] by Car_man HOST Jan 24, 2007 (5:18 am)
Replying to: saru1 (Jan 05, 2007 5:34 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 Host Prices Paid Forum
#53 of 166 Re: sidz [sidz] by Car_man HOST Jan 24, 2007 (5:22 am)
Replying to: sidz (Jan 06, 2007 8:14 pm) You're welcome, sidz. The MSRP is a good starting place, but you really need to find out this car's selling price before finalizing your deal. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. If you don't know what a good price for this car is, you may be able to get an idea of how much you should pay for one by visiting the following discussion: "Subaru Impreza & Impreza WRX STI: Prices Paid & Buying Experience".   Car_man Host Prices Paid Forum
#54 of 166 07 sti lease by frankfrank Mar 02, 2007 (6:30 pm)
I wanted your input before I even hit the Subaru dealer, so here it goes. I found an 07 sti I liked- this is the info I have on it so far:   Msrp $35,359 Invoice $33,134* Annual mileage 12,000/yr or 1,000/month down payment $2500   Vip employer discount*   The next part gets tricky, but here it goes. My credit is terrible- I'm actually going through a bankruptcy right now and have to find another vehicle to purchase since my old one broke down and isn't worth fixing. I do have about $2500 for a down payment and my employer offers a Subaru VIP program discount (dealer invoice price). I also have a co-signer with good credit (high 780 range). Will a co-signer lower my interest rate? I was looking to lease between 3 and 4 years. I once heard that Subaru will not under any circumstances finance to someone who has a bankruptcy on their credit history- is this true or will a co-signer help? I've also seen companies online who claim to work nationwide to get anyone financed at the best rates possible- do you have any experience/thought on this? Thanks Replies to this message: Car_man (Mar 21, 2007 2:38 am)
#55 of 166 March lease program for March by glevitt Mar 04, 2007 (9:35 pm)
Hi Car_Man   Curious if you know what the lease program is for March for a Impreza WRX Wagon. I can find a program for the i wagon and work backwards to the money factor, but I can't find anything for the WRX. I am thinking either a 24-27 month lease or 36. 10-12k mi/year. If you have some rough figures I could put into a model that would be great. Many Thanks! Replies to this message: Car_man (Mar 21, 2007 2:42 am)
#56 of 166 Looking to Lease an '07 2.5i Impreza Wagon by thefinz Mar 06, 2007 (1:22 pm)
Does anyone know if Car_Man's numbers of .00135 and 59% are still accurate. I am looking at leasing an '07 2.5i Impreza Wagon with a MSRP of $19701.00 and a selling point of 17641.24.   According to my calculations on this should put me at somewhere around $217 a month. I'm looking at going out and pricing very soon, but I want to know if my estimates are accurate. I'm looking in the range of a 3 year lease at 15k mile per year.   Any help would be GREATLY appreciated! Thanks! Replies to this message: Car_man (Mar 21, 2007 2:52 am)
#57 of 166 Current Lease Rate on WRX by tornadoredr32 Mar 16, 2007 (8:30 am)
Car_Man,   Looking to check and see if the .00135 and 59% apply to current deals on the WRX regular edition and the special edition. If not do you know what the current rates are?   Currently being quoted at 56% and .0024 for 15K/year with a 36 term.   Thanks for the help. Replies to this message: Car_man (Mar 21, 2007 3:07 am)
#58 of 166 Re: 07 sti lease [frankfrank] by Car_man HOST Mar 21, 2007 (2:38 am)
Replying to: frankfrank (Mar 02, 2007 6:30 pm) Hi frankfrank. Dealer invoice is a good price for a 2007 Subaru WRX STi. I am not personally all that familiar with Subaru Finance's credit requirements, but the fact that you have a co-signed definitely can't hurt. It is difficult for me to say whether you will be approved to lease this car through Subaru's captive finance company. Unfortunately, given the fact that you are going through a bankruptcy right now, there is a very good chance that you will not. If you don't qualify, you may want to consider paying cash or making as large a down payment as you possibly can on a used decent domestic car, like a Ford Taurus. By spending as little as possible on your new vehicle you can use the money that you save to get your finances back in good shape.   Car_man Host Prices Paid Forum
#59 of 166 Re: March lease program for March [glevitt] by Car_man HOST Mar 21, 2007 (2:42 am)
Replying to: glevitt (Mar 04, 2007 9:35 pm) Hi glevitt. Here's the info that you're looking for. If you were to lease a 2007 Subaru Impreza WRX Wagon through Subaru Finance right now for 24 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00280 and 64%, respectively. The numbers for an otherwise identical 36 month lease are .00245 and 55%. If you were to lease with only 10,000 miles per year, these residual values would be 1% higher.   Car_man Host Prices Paid Forum

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