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Prices Paid: Buying & Leasing Experiences Subaru Legacy Lease Questions
382 messages, Last post on Nov 24, 2009 at 4:50 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Oct 23, 2005 6:53 am) |
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You're welcome Phil. Through November 30th, Subaru is providing $500 lease cash on the 2006 Subaru Legacy 2.5i sedan, 2.5i sedan Special Edition, and 2.5 GT Ltd. sedan only. As far as the $1,500 down payment that you mentioned goes, I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your Legacy would be exactly the same, regardless of whether you had put $1,500 down, or had made absolutely no down payment at all. I can still work up a lease payment with this down payment for you if you would like, but as you can see making capitalized cost reduction on leases really is not a good idea. Car_man Host Smart Shopper / Prices Paid Forums
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Hi rws0131. I do not personally keep tabs on the details of manufacturers' balloon note programs. Most likely, the residual values for balloon notes of and leases of Subaru models are the same, but I am not 100% positive that is the case. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: Car_man (Nov 03, 2005 3:02 am) The downpayment is not cash but "Subaru Bucks" which I get from the Subaru Credit Card.. I just use it as a way to pay most of the fees (acquisition, registration, etc.) that are added after coming up with the actual selling price of the car. I have no intention of purchasing the car after the lease expires. Have there been any changes to the money factor and residual since October? Phil
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Replying to: red927 (Nov 03, 2005 7:09 am) Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Nov 16, 2005 4:17 am) Since I last posted, I got prices a 36 month/36,000 mile lease. The money factor you gave was the same, but the residual was 1% higher. I saw the sheet from Subaru (Chase) credit which verified it. I was going to get a Legacy Limited but, at the last minute, switched to an Outback LL Bean sedan. I will pick-up the car on 11/26. My experience with one dealer is on the prices paid discussion.  It was an unbelievably bad experience. Thanks for all your help. Phil 
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Replying to: red927 (Nov 18, 2005 5:34 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Does anyone know the current residuals and money factors for the 2.5 i Special Edition for January? 24 month/12k and 36 month/12k. Thanks!!!!
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Replying to: rws0131 (Jan 05, 2006 6:46 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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