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Subaru Impreza Lease Questions

301 messages, Last post on Nov 30, 2009 at 3:18 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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
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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. |
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Replying to: bdumitru (May 21, 2007 5:49 am) 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 |
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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
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Replying to: Car_man (Dec 14, 2006 4:27 am) 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.
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Replying to: sidz (Jul 15, 2007 1:51 pm) |
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Replying to: sidz (Jul 15, 2007 1:51 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 |
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Hi, 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. Thanks, Thedork
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Replying to: Car_man (Aug 06, 2006 5:56 am) |
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Replying to: stompman76 (Jul 06, 2007 8:17 pm) The payments for otherwise identical 36 and 48 month leases of the 2007 Subaru Impreza 2.5i Wagon with an MSRP of $19,299 and a selling price of $17,500 are $220 and $234, respectively. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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