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Subaru Legacy Lease Questions

378 messages,  Last post on Nov 01, 2009 at 12:31 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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



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#148 of 378
Re: Legacy Leases [2panther] by research1st
May 28, 2008 (7:24 am)
Reply

Replying to: 2panther (May 21, 2008 9:40 am)

Well...did you contact Northtown Subaru or any other dealer in WNY???
#149 of 378
Van Bortel Subaru by 2panther
Jun 09, 2008 (4:06 pm)
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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
#150 of 378
thoughts? by 2panther
Jun 11, 2008 (4:41 am)
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anyone? carman?
 
echoooo echoooo
#151 of 378
buying this week by 2panther
Jun 11, 2008 (5:14 pm)
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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!
#152 of 378
Re: Van Bortel Subaru [2panther] by Car_man HOST
Jun 16, 2008 (2:25 am)
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Replying to: 2panther (Jun 09, 2008 4:06 pm)

Hi 2panther. The money factor that you were quoted for this car looks slightly high. Subaru's buy rate for a 36 month lease of an '08 Legacy 2.5i Sedan is currently only .00120. Make sure that the dealer you are working with uses that factor to calculate your monthly payment.
 
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
#153 of 378
Re: buying this week [2panther] by Car_man HOST
Jun 16, 2008 (2:31 am)
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Replying to: 2panther (Jun 11, 2008 5:14 pm)

Hi 2panther. Please see my previous post for my response to your questions.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#154 of 378
Re: Van Bortel Subaru [Car_man] by 2panther
Jun 16, 2008 (7:26 am)
Reply

Replying to: Car_man (Jun 16, 2008 2:25 am)

thanks for the reply carman!
 
what kind of payment different would I see between the .00120 money factor and the .00160 that they used. Is that .00120 published somewhere so I can "prove" what it should be?
 
Thanks again
#155 of 378
Subaru lease rates for June? by finns2000
Jun 19, 2008 (12:56 pm)
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Does anyone have the June lease rates for a 2008 Subaru Outback 2.5i?
Anyone? Car_man?
TIA
#156 of 378
Gracias dudez. Here is my lease info. by snum
Jun 19, 2008 (1:57 pm)
Reply
Thanks to everyone for contributing to the forum. I assume if you're trying to get into a Legacy lease, I don't have to go over the pros. Here was my deal.
 
150/mo ($161/mo after San Diego Sales Tax), 999 down (covered all the other taxes licensing), 2 year lease, 10k miles/year. Legacy Special Ed, w/ moon + auto.
 
DO NOT FORGET -- when you sign they hit you with a $300 fee at lease end when you turn in the car the end. Non negotiable.
 
Original monthly price was $161, we bargained it down to $150(in lieu of free oil changes)--which they accepted without batting an eye. Makes me think that you guys can do a lot better if you pressure them--we could have, but we didn't. 12k and 15k miles were only a little more, but don't need the miles. This was at Bob Baker Subaru. Irvine still has tons of these things.
#157 of 378
Lease Assumption by insidelinenewb
Jun 23, 2008 (8:27 pm)
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Hi Everyone,
I recently leased a 2008 Legacy 2.5 SE in the Obsidian Black.
The car is well built and drives well but I realized I need something sportier. I was wondering if anyone would be interested in a lease assumption for this vehicle? It's an auto transmission and I've only had it for a week thus far. My current lease payment is 242/month with 23 months remaining and 12K/year. I'm in SoCal and I would want to deal with people I can meet face to face I guess. Please message me if anyone is interested and/or wants additional info. Thanks :o)

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