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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: 2panther (May 21, 2008 9:17 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 10:41 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 4:03 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 9:40 am) |
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Replying to: 2panther (May 21, 2008 9:40 am) |
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Sorry I've been away and haven't posted. The search continues... I didn't haggle at all yet since it's 92 degrees outside and it felt the same temp in the dealership and I was sweating like a hostage. Had to get out of there. Here is the deal... 2008 Subaru 2.5i Limited Selling Price: $23718.00 Trade Allowance: $0 Less Payoff: $0 Cash Deposit: $0 Cash on Delivery: $0 Rebate: $1000 3 year, 36k miles Rate/APR (money factor??) 0.00160 Lease: MSRP Amount: $25265.00 Residual: 56% Amount: $14148.40 Payment Amount: $350.72 Drive Off Amount Due: $350.72 How does that sound? That's everything except 1st payment rolled in. Any room for improvement? Thanks! Scan of deal workup paper
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anyone? carman? echoooo echoooo |
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nobody has an opinion? when I look at edmunds.com for the invoice for a 2.5i Limited with VDC I see $22,890 according to their workup sheet the selling price is $23,718 which isn't too far off the invoice price as I understand it. If this looks good I will be making this deal this week!
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Replying to: 2panther (Jun 09, 2008 4:06 pm) You aren't being given enough of a discount on this car for my taste either. After the $1,000 cash incentive that Subaru is currently providing on this model is taken into account, you are only being given a dealer discount of around $550. This car probably has a spread of around $2,500 between its full MSRP and its dealer invoice price. I personally would want at least another grand off of its selling price. Of course, this may be easier said than done if there isn't a lot of competition in your area. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: 2panther (Jun 11, 2008 5:14 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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