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Subaru Legacy Lease Questions

220 messages, Last post on Sep 30, 2008 at 5:16 PM
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Replying to: tjones39 (May 14, 2008 10:13 pm) Here is the smokin lease deal my wife and I received. First the Advertised price was $159 month $999 out of pocket total, 10k miles for 24 months. However with the miles we drive and at .15c per mile over I asked for 12k and 15k mile. The 12k was $168.78 and 15k miles was $178.72 all this with $999 total money our of pocket. Subaru must be subsidizing these well right now for the total msrp and what the other competitors are currently leasing for my guess is this car is about $75+ under per month right now. We bought in Los Angeles Sherman Oaks Subaru but they matched the Puente Hills Subaru special lease on this for me since they had the only pearl white car in all of So. Cal right now.
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Replying to: tjones39 (May 17, 2008 7:37 pm) |
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this is the response I got from a local dealer for a 2008 Legacy 2.5i Limited, does it look like a fair deal? "I used a Diamond Gray Legacy 2.5i Limited that we currently have in stock. It has an MSRP of $25,473 and a factory invoice price of $24,050 including freight, splash guards, and rubber mats. Your selling price is $23,775 or $275 under factory invoice. There is also a $1000 rebate included in the calculations. The 24 and 36 month money factor is .00170. For 24 months the residual percentages are 68% for 12k and 67% for 15k. 36 month residuals are 56% and 55%. Any other questions?"
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Replying to: 2panther (May 21, 2008 9:14 am) Or did he reduce the "invoice" price?
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Replying to: ateixeira (May 21, 2008 9:59 am)
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Replying to: research1st (May 08, 2008 8:42 pm) 24month/10k year/$176 month/$999 down. The internet salesman said the offer does include automatic transmission but the payment would jump to $186/month for 12k/year. [/quote] could you please tell me which dealer in WNY gave you that offer?
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Replying to: 2panther (May 21, 2008 10:17 am) "factory invoice price of $24,050 including freight, splash guards, and rubber mats. Your selling price is $23,775 or $275 under factory invoice. There is also a $1000 rebate included in the calculations" OK, so factory invoice is $23,775. Normally you subtract the rebate, so it would drop to $22,775, and $275 below that would take your final price to $22,500. Or, do they mean it's $23,500? So the question is, was the invoice $24,775, and they already reduced the price? Or are they keeping the $1000 when they say it's already been factored in? Their wording is a bit ambiguous. You can look up the invoice prices to find out what they mean, or e-mail them to clarify. Dealers can be sneaky. I went to buy a car for "$1 over invoice" one time, and when I got there they tried to add freight. Freight is included in the invoice! So they were trying to make me pay for freight twice.
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Replying to: ateixeira (May 21, 2008 11:41 am) "The rebate is taxable so it is not taken off of the selling price." was his response That doesn't sound right to me but I'm new at this which is why I'm here, thanks!
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Replying to: 2panther (May 22, 2008 5:03 am) I know what they mean, though. It's the same here in MD. You pay sales tax on a rebate, but not on a dealer incentive that the dealer passes on to you. Just make sure they pass it on to you! |
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Replying to: 2panther (May 21, 2008 10:40 am) |
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