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Subaru Legacy Lease Questions

382 messages,  Last post on Nov 24, 2009 at 4:50 AM

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

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#214 of 382 Re: 2009 Subaru 2.5 limited [bmlan99] by altimate Sep 23, 2008 (2:18 pm)
Replying to: bmlan99 (Sep 23, 2008 6:30 am) It's my understanding that the Limited actually has a poorer residual than the SE.   I just took delivery today of an SE with aftermarket leather and XM radio and a 2 year lease with 15000mi was $328 (tax inc.) with nothing out of pocket except the first payment. I know the Limited has a few extras auto climate cont., leather wheel, fogs and leather seats. You can get leather seats, fogs installed. If you can live without leather wheel and climate control I think you could do much better with an SE lease.   I will tell you I was absolutely stunned how nice the interior looked in my SE with the leather added. To me it matches a car that is 20 grand more expensive.   The upshot is that dressing up an SE might save you some money over a Limited. Replies to this message: ateixeira (Sep 24, 2008 7:26 am)
#215 of 382 Re: 2009 Subaru 2.5 limited [altimate] by ateixeira Sep 24, 2008 (7:26 am)
Replying to: altimate (Sep 23, 2008 2:18 pm) The Limited package isn't as good of a value as the SE.   The SE, to me, is a must-have. It makes the base model seem redundant.
#216 of 382 Legacy 3.0R Limited by red927 Sep 25, 2008 (7:50 am)
Car_man:    Can you please post the MF and Residuals for a 2009 Legacy 3.0R Limited? I would like the rates for both 24 and 36 month leases with 10,000 or 12,000 miles. You have always been helpful in the past and I do appreciate the information. This car will be replacing an 06 Outback 3.0 LL Bean Sedan whose lease expires in November.    Thanks, Phil Replies to this message: Car_man (Sep 30, 2008 4:16 pm)
#217 of 382 2008 Subaru Impreza , $3100 down, $66 per month, good deal? by ps2cheung Sep 25, 2008 (10:04 pm)
Hi,   I saw this lease deal   # Price: $66 /month Lease Payment # Term: 24 months # Down or Due: $3,100 # Mileage Allowance: 10,000 miles/year   for a 2008 Subaru Impreza in a Bellevue, WA dealer   The price sound pretty good, is there anything I need to watch out for?   Thanks, Ivan Replies to this message: ateixeira (Sep 26, 2008 10:02 am)
#218 of 382 Re: 2008 Subaru Impreza , $3100 down, $66 per month, good deal? [ps2cheung] by ateixeira Sep 26, 2008 (10:02 am)
Replying to: ps2cheung (Sep 25, 2008 10:04 pm) That's not a lot of miles...you sure that's enough for you?   I once read the average male drives 16k miles/year. I don't recall the source, but you could go way over on the mileage and pay a big penalty for that.
#219 of 382 Re: 2009 Subaru Legacy SE lease residuals for August [mssurrey] by Car_man HOST Sep 30, 2008 (4:12 pm)
Replying to: mssurrey (Sep 16, 2008 7:58 am) Hey Sam. The money factor and residual value that you were quoted look right. I'm not surprised that the dealer that you are working with was reluctant to provide you with the details of your lease. As far as they are concerned, the less you know about your deal the better.   Let's work up a sample lease payment on this car and see what we come up with. According to my calculations, a 24 month lease of a Subaru Legacy with an MSRP of $24,693, a selling price of $21,214, a money factor of .00280, and a 75% residual value would have a zero down, pre-tax monthly payment of around $224. If you add the $595 acquisition fee to this car's capitalized cost instead of paying it at lease signing, the payment rises to around $250 before tax.   Have you tried comparison shopping with any other dealers yet? It wouldn't hurt to do so to see if any others in your area are willing to beat this price.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#220 of 382 Re: Legacy 3.0R Limited [red927] by Car_man HOST Sep 30, 2008 (4:16 pm)
Replying to: red927 (Sep 25, 2008 7:50 am) I'd be happy to help you out, red927. Through the end of September (unfortunately today) Subaru's buy rate lease money factor and residual value for a 24 month lease of a 2009 Legacy 3.0R Limited with 12,000 miles per year are .00280 and 64%, respectively. The numbers for an otherwise identical 36 month lease are .00200 and 54%. If you were to lease this car with only 10,000 miles per year, its residual values would be 1% higher.   When negotiating your lease, make sure to take advantage of the $500 cash incentive that Subaru is providing on leases of this model right now.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#221 of 382 2009 Legacy SE automatic lease by pd83 Oct 08, 2008 (7:40 pm)
Theres a current lease deal at the Subaru dealer ship near my house.   $2000 down, 159/month for 24 months..   Is this a good deal? Replies to this message: hellagrant (Oct 09, 2008 4:41 pm) djhalptert (Oct 09, 2008 5:48 pm)
#222 of 382 Re: 2009 Legacy SE automatic lease [pd83] by hellagrant Oct 09, 2008 (4:41 pm)
Replying to: pd83 (Oct 08, 2008 7:40 pm) Yes, as long as $2,000 down is the only thing you have to give upfront.   Hell, with sales dropping like crazy, I say try to get it down to $1,000 down. Depending on where you live, I think that is highly possible.
#223 of 382 Re: 2009 Legacy SE automatic lease [pd83] by djhalptert Oct 09, 2008 (5:48 pm)
Replying to: pd83 (Oct 08, 2008 7:40 pm) No. Don't put money down on a lease. Put that money in the bank and pay your slightly higher lease payment. If your car is stolen or a tree falls on it and crushes it you will be out the $2,000. Insurance won't reimburse you for down payment. Sign and drive is the way to do it.

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