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Subaru Impreza Lease Questions

561 messages,  Last post on May 16, 2013 at 10:14 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 9 of 57

#72 of 561 RE: Switching from a leased Impreza to a leased Impreza WRX by bdumitru

Apr 25, 2007 (9:49 am)

Hi Car_man,
 
A couple more things, sorry for bugging you: on my current lease I got a 2.9% APR (through Subaru Finance, May 2006) and a bad residual value (aprox 47%). I see that the APR you quoted for the WRX for April 2007 (right now) is significantly worse, i.e. 5.9%, but in the same time the residual value is way better, i.e. 56%. So...
(A) Do I stand any chance of "keeping" the old APR for the new lease? Or was that just an offer that I got last year, and I got it because it came with a bad residual?
(B) Any "prediction" for the incentives for May 2007, through Subaru Finance? That is: APR (or money factor), residual, cash rebates? For leasing a WRX (possibly Limited), 48 months, 15K miles/year, I mean.
(C) Can you please tell me where do you get these numbers from? Googling "Subaru Finance" yields no good results...
 
Thanks so much,
--Bogdan

#73 of 561 Current Residual and MF for 07 WRX and 2.5 by cky3396

May 05, 2007 (10:53 am)

Replying to: Car_man (Apr 25, 2007 2:38 am)
Hey Car_man,
 
do you have the current residual and MF for 2007s? 24 month, 12 & 15k.
 
Also, with the next gen 08 comming out soon - would you say that the value of leftover 07 would drop significantly? How will the selling prices be affected?
 
Thanks

#74 of 561 RE: Switching from a leased Impreza to a leased Impreza WRX [bdumitru] by Car_man HOST

May 21, 2007 (3:13 am)

Replying to: bdumitru (Apr 25, 2007 9:43 am)
You're very welcome, Bogdan. You're right, the more the dealer that you are working with agrees to give you for your leased vehicle as a trade, the less upside down you are on it. Your least expensive option is still to wait until you are as close as possible to the scheduled end of your current lease to get something new, but if you have to get a new SRX now negotiate as low a selling price as you can on it and as high a trade-in value as you can on your current vehicle.
 
Car_man
Host
Prices Paid Forum

#75 of 561 RE: Switching from a leased Impreza to a leased Impreza WRX [bdumitru] by Car_man HOST

May 21, 2007 (3:18 am)

Replying to: bdumitru (Apr 25, 2007 9:49 am)
Hey Bogdan. Unfortunately, you will not be able to use the money factor that was used to calculate your current vehicle's lease payment on your new car. You will only be able to use the lease money factor that is available on the new vehicle that you want at the time that you physically take delivery of it.
 
I believe that Subaru's May lease program for this car is pretty similar to what its April lease program was like. I am not aware of any resource that provides accurate information on manufacturers' current lease programs to the general public.
 
Car_man
Host
Prices Paid Forum

#76 of 561 Re: Current Residual and MF for 07 WRX and 2.5 [cky3396] by Car_man HOST

May 21, 2007 (3:38 am)

Replying to: cky3396 (May 05, 2007 10:53 am)
Hey cky3396. Here's the info that you're interested in. Subaru Auto Finance's current buy rate lease money factor and residual value for a 24 month lease of a base 2007 Subaru WRX Sedan with 15,000 miles per year are .00280 and 65%, respectively. This car's 12,000 mile per year residual value for this term would be 1% higher.
 
I am not intimately familiar with what the market is like for the '07 WRX right now, but I suspect that dealer will be fairly anxious to unload their leftover '07s before the redesigned '08 model arrives. You may be able to get an idea of what you will have to pay for one right now by visiting the following discussion: "Subaru Impreza & Impreza WRX STI: Prices Paid & Buying Experience".
 
Car_man
Host
Prices Paid Forum

#77 of 561 RE: Trading-in a 2006 Impreza Sport Wagon for a 2007 WRX by bdumitru

May 21, 2007 (6:49 am)

Car_man, everybody,
 
Thanks a lot for your help. This forum was an invaluable resource for me in my car leasing experience.
 
To give back a bit, I'll share the details of my business.
I traded in a 2006 Impreza Sport Wagon, 2.5i, manual, 11,800 miles, exceptional condition. On that car, I had obtained a 2.9% APR for 4 years, 15K miles/year. I negociated its value to something really close to $14K (a few good hundreds over Edmunds' trade-in value).
 
I got a brand-new 2007 Impreza WRX, sedan, Limited Package (additional option: auto-dimming mirror w/ compass), stick-shift of course (I'll kill myself before buying an automatic, hehe). I negociated it down to a tad bit over $26K. The residual was a bit south of 50% and the APR was under 6% (same deal: 4 years, 15K miles/year).
 
To wrap up: the base Impreza is a great car for the money, and its little engine does wonders when revved up. It handles well, and the AWD sends traction appropriately. However, it's no match for the WRX, neither in price nor in performance. The WRX pretty much leaves the competition in the ground... it really takes something along the lines of an STI/ Mitsu Evo/ Carrera/ M3/ S4 to beat it. The Limited Package is a nice plus... my girlfriend loves the heated seats, hehe. Bottom-line: get yourself a WRX, turn off the stereo, roll back the sunroof and enjoy the music of the turbo.
 
Thanks everybody,
--Bogdan, WRX FTW

#78 of 561 Residual and MF for June. by passat_mx

Jun 06, 2007 (9:43 pm)

Hi,
 
Does car_man (or someone else) have the current money factor and residual for an Impreza 2.5i, at 36 months, 15k miles per year? I'm in California.
 
Thanks.

#79 of 561 RE: Trading-in a 2006 Impreza Sport Wagon for a 2007 WRX [bdumitru] by conger14

Jul 01, 2007 (1:39 pm)

Replying to: bdumitru (May 21, 2007 6:49 am)
Hey Bogdan,
 
How did you not get killed with money owed on the 06 sport wagon? I'm trying to trade in an 05 legacy GT wagon to lease an 07 wrx sedan and I'm getting killed with money owed. Plus, since we bought the car, we have made higher payments and I'm still getting killed.
 
Stephen

#80 of 561 Lease on 2007 2.5i wagon or WRX wagon by stompman76

Jul 06, 2007 (9:17 pm)

Car_man,
     I am interested in leasing a 2007 wrx wagon ((msrp=$25,927) sale price incl. $1000 rebate = $23,500). What would the pretax lease payment be for a 36 or 48 month lease with 12k mi per year?
 
     Ditto on an Impreza 2.5i wagon (MSRP = $19,299) (sale price of $17,500)?
 
Thanks for helping me out.
 
Jeremy

#81 of 561 Re: sidz [Car_man] by sidz

Jul 15, 2007 (2:51 pm)

Replying to: Car_man (Dec 14, 2006 5:27 am)
Hi,
I have been reading the thread and the information is really useful. I was wondering, is there anyway to bail out of a signed lease before the term expires. I currently have an impreza and I was wondering if there is any legal and easy way to end the lease prematurely.

Messages Page 9 of 57

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