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You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Subaru Impreza, Subaru Impreza WRX STi, Car Leasing, Sedan, Wagon
#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)
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".
Prices Paid Forum
#77 of 561 RE: Trading-in a 2006 Impreza Sport Wagon for a 2007 WRX
May 21, 2007 (6:49 am)
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.
--Bogdan, WRX FTW
#78 of 561 Residual and MF for June.
Jun 06, 2007 (9:43 pm)
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.
#79 of 561 RE: Trading-in a 2006 Impreza Sport Wagon for a 2007 WRX [bdumitru]
Jul 01, 2007 (1:39 pm)
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.
#80 of 561 Lease on 2007 2.5i wagon or WRX wagon
Jul 06, 2007 (9:17 pm)
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.
#81 of 561 Re: sidz [Car_man]
Jul 15, 2007 (2:51 pm)
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.
#82 of 561 Re: sidz [sidz]
Jul 16, 2007 (5:18 am)
I think if you can, you get hit with a bunch of fees. Unless you really don't like the car and want to get out, I think its usually best to wait it out. Another option might be leasing a different vehicle but again I think you get nailed with a ton of fees for closing out a lease early. I guess it depends on how close are you to ending your current lease? I'm sure a little research or a quick phone call would give you the best answers.
#83 of 561 Re: sidz [sidz]
Jul 31, 2007 (2:06 pm)
I actually was just talking to my dealer about this. This was the response I was given which makes sense to me.
"There is currently a buyout for your lease, you would want to compare that number with your car's wholesale market value i.e. what we will pay you for it.
If you were to say "I want out of my lease right now" you have 2 options....
1. Make ALL your remaining payments and give the car back
2. Trade the car.... if the difference between the trade in value and your buyout is less then the total of your payments this would be a better option."
So basically you need to find out your buy out price and go from there
#84 of 561 August 2007 lease - 2.5 Impreza wagon 2007
Aug 06, 2007 (2:00 pm)
Anybody knows what is the current Subaru lease program ( money factor and residual value ) for Impreza 2.5 2007 wagon - auto or manual?
I want to lease a manual for 36 months/$0 down/12K miles/year?
I know the new model will be out soon - so the price should be pretty low - there was a price in the paper $15800.
#85 of 561 Re: 2.5i Impreza Sedan Lease [Car_man]
Aug 06, 2007 (2:40 pm)
Thank you Carman! I hope you did mean - 2007 not 2006