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Subaru Legacy Lease Questions

598 messages,  Last post on May 14, 2013 at 7:50 PM

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

What is this discussion about? Subaru Legacy, Car Leasing, Sedan, Wagon

Messages Page 15 of 60

#138 of 598 Re: Legacy Leases [tjones39] by tjones39

May 17, 2008 (7:37 pm)

Replying to: tjones39 (May 14, 2008 10:13 pm)
Okay I just Leased a new 2008 Legacy special edition that has the sunroof and automattic transmission. A beautiful Pearl White color with tan interior, this car is way nicer and drives better than the oh so boring Toyota Camry. Still nicer than the Altima, Mazda 6 and Malibu also.
 
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.

#139 of 598 Re: Legacy Leases [tjones39] by ateixeira

May 18, 2008 (7:51 am)

Replying to: tjones39 (May 17, 2008 7:37 pm)
Congrats, the deal does sound sweet.

#140 of 598 2008 legacy lease by 2panther

May 21, 2008 (9:14 am)

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?"

#141 of 598 Re: 2008 legacy lease [2panther] by ateixeira

May 21, 2008 (9:59 am)

Replying to: 2panther (May 21, 2008 9:14 am)
If the $1000 rebate is included, doesn't that mean the price is actually $750 above invoice?
 
Or did he reduce the "invoice" price?

#142 of 598 Re: 2008 legacy lease [ateixeira] by 2panther

May 21, 2008 (10:17 am)

Replying to: ateixeira (May 21, 2008 9:59 am)
forgive me but I don't quite follow you ateixeira, can you elaborate?

#143 of 598 Re: Legacy Leases [research1st] by 2panther

May 21, 2008 (10:40 am)

Replying to: research1st (May 08, 2008 8:42 pm)
[quote=research1st]A Subaru dealer in WNY is offering the following Legacy lease:
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?

#144 of 598 Re: 2008 legacy lease [2panther] by ateixeira

May 21, 2008 (11:41 am)

Replying to: 2panther (May 21, 2008 10:17 am)
They said:
 
"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.

#145 of 598 Re: 2008 legacy lease [ateixeira] by 2panther

May 22, 2008 (5:03 am)

Replying to: ateixeira (May 21, 2008 11:41 am)
I got a response asking about the $1000 he "took off"
 
"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!

#146 of 598 Re: 2008 legacy lease [2panther] by ateixeira

May 22, 2008 (1:11 pm)

Replying to: 2panther (May 22, 2008 5:03 am)
Hmm, just make sure that YOU get that $1000, and not the dealer.
 
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!

#147 of 598 Re: Legacy Leases [2panther] by research1st

May 22, 2008 (6:35 pm)

Replying to: 2panther (May 21, 2008 10:40 am)
The offer I posted was from the internet department at Northtown Subaru in Amherst, NY. Please keep us posted on the details of any deals that you are offered as well. Good luck!

Messages Page 15 of 60

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