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Subaru Legacy Lease Questions

384 messages,  Last post on Dec 02, 2009 at 7:23 PM

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



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#190 of 384
Re: lease quote - question [altimate] by hellagrant
Aug 21, 2008 (11:04 am)
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Replying to: altimate (Aug 20, 2008 5:30 pm)

Thanks for the heads up. I am currently trying to find a dealer who will give me the same deal everyone else on here has been able to get.
#191 of 384
Re: lease quote - question [altimate] by ahq
Aug 21, 2008 (2:30 pm)
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Replying to: altimate (Aug 20, 2008 5:30 pm)

I have no proof to support this, but I have a feeling that the 2.5i SE lease special will continue past September 2nd. Automakers tend to publish rebates, incentives, etc. on a month-by-month basis. The $199 per month, 10K miles per year, sign and drive lease for the 2008 Impreza 2.5i 4-door has been around for what, around four to six months straight? I'm not saying that the Legacy 2.5i SE lease special will be around for that long, but don't be too surprised if it lasts into the month of September, if not longer.
#192 of 384
Legacy SE lease quote by chambers134
Aug 21, 2008 (3:54 pm)
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Hey everyone,
 
Just got quoted on a lease and wanted to see if you thought it was a good deal.
 
2009 Legacy Special Edition
Price = 21,510
Residual = 79%
Money factor = .00330
2 years / 15K miles per yr
monthly pmt = 271.11
Upfront charges = 596.61 (includes first pmt)
 
This model included some factory installed options:
- spoiler
- extended arm rest
- automatic transmission
 
Please let me know what you guys think. I would love to try to get the pmt closer to 250/month.
 
Thanks!
#193 of 384
Re: Legacy SE lease quote [chambers134] by hellagrant
Aug 21, 2008 (9:09 pm)
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Replying to: chambers134 (Aug 21, 2008 3:54 pm)

Thats high in my opinion. If you look through this forum, some people got the Legacy SE automatic for $230 + tax, with very little up front charges. Your offer gives you 15K, but I don't think 3K more miles per years justifies the price. Money factor is kinda high. Did they run a credit report already?
#194 of 384
Bad Offer by hellagrant
Aug 21, 2008 (9:14 pm)
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I just got my first offer, pretty bad. I am definately going to tell them to bring those fees down.
 
Cost: $20,550
Money Factor: 0.00280
Risidual: 78% = $18,663
Down Payment: $215 + $595 (Aqu fee)
License fees: $161.50
Doc Fees: $50
24 Months 12,000 miles a year
Payment: $217 + tax
 
That is like $1000 up front in charges!!! When people have been getting off with barely nothing.
#195 of 384
Re: Bad Offer [hellagrant] by altimate
Aug 22, 2008 (3:59 pm)
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Replying to: hellagrant (Aug 21, 2008 9:14 pm)

I'm pretty sure the acquistion fee is rolled into the payment on the no money down lease. Hence, your $217 payment versus the $230 payment on the sign and drive.
 
My deal would have no license fee only a plate transfer fee of $8. Don't no anything about the doc. fee. All this stuff is just another way of charging more. Come on, an acquisition fee? What acquisition is that. In reality it's another way for the lessor to charge 600 bucks to the deal. Its become so common that people just presume its some legitimate expense. I leased my last 3 cars from 1996 to 2003 and not one had an acquisition fee. Now a days virtually every car has one. So other than being a fancy phrase to charge money I don't think it is anything that "has" to be charged.
#196 of 384
09 Legacy Limited lease figures--any good? by msolomons
Aug 25, 2008 (12:42 pm)
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2009 Legacy Limited (standard leather, heated seats, etc) with factory installed options including spoiler, auto-dimming mirror, and all weather mats. MSRP according to the dealer is $26,645 and lease price (with tax at 7.5%, destination, processing, etc) at $25413 which we're told is $299 over invoice. Residual is 62% and monthly lease payment is $329 with $2500 down (includes taxes, fees, etc) for 36 months at 12K miles a year. This includes the $500 dealer cash back from Subaru.
  
Is this a good deal?
  
Thanks in advance
#197 of 384
Re: 09 Legacy Limited lease figures--any good? [msolomons] by altimate
Aug 25, 2008 (4:19 pm)
Reply

Replying to: msolomons (Aug 25, 2008 12:42 pm)

You don't indicate whether it is a 2 or 3 year lease. Payments usually are higher on a 2 year. Also, is there a cap cost reduction or is the $2500 strictly taxes and fees.
 
The residual on the Limited is significantly lower than the SE. It has a few extras for the price but I'm not sure it justifies paying that much more.
 
I got a quote with after market leather, XM and 15000 miles. $320/mo inc tax for 2 years with 8 dollars out of pocket. If you really want the Limited you'll have to pay a premium on a lease it would appear.
#198 of 384
2009 Subaru Legacy SE lease residuals for August by fin81
Aug 25, 2008 (10:38 pm)
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Carman or anyone else that could help,
 
Today I put down a deposit for a 2009 Legacy SE lease. I upgraded to a spoiler, fog kit, splash guards, mats, and armrest extension. Can anyone review the numbers and see if they sound any good? This is for a 24 mth./15K lease.
 
MSRP with extras = $24,087
Negotiated Price = $22,461 (Supposedly $100 below invoice through a deal with my employer)
Residual = 78% = $18,787
MF = 0.00313 (This seems very high as I qualify for Tier I credit)
Payment = $269/mth.
 
I am putting $1000 down to cover taxes(8.75%) and part of the acquisition fee....which they are charging $895 for? This cannot be right. Can anyone advise me on the correct Tier I money factor, acquisition fee, and other numbers if possible? TIA
#199 of 384
2009 Subaru Legacy SE lease residual and MF for August by fin81
Aug 25, 2008 (10:41 pm)
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Carman or anyone else that could help,
 
Today I put down a deposit for a 2009 Legacy SE lease. I upgraded to a spoiler, fog kit, splash guards, mats, and armrest extension. Can anyone review the numbers because they don't look good to me. This is for a 24 mth./15K lease.
 
MSRP with extras = $24,087
Negotiated Price = $22,461 (Supposedly $100 below invoice through a deal with my employer)
Residual = 78% = $18,787
MF = 0.00313 (This seems very high as I qualify for Tier I credit)
Payment = $269/mth. which includes $895 acq. fee????? and $1000 down to cover taxes(8.75%), first payment, $88 cap reduction,and $75 in DMV fees
 
This cannot be right and there have to be more hidden charges than the bloated acq. fee. Can anyone advise me on the correct Tier I money factor, residual, acquisition fee, and a good negotiated price on this vehicle? TIA

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