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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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#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.
#224 of 382 by wjpooley Oct 14, 2008 (3:29 pm)
I've always like Subaru's, but now that I've got my first "real" job (just graduated), I've been looking at an '09 Subaru Legacy SE. I 'll be driving around 12,000 miles just to work and back, so I requested some pricing with 18,000 miles annually.   The dealer in Toledo, OH has the exact car I want for around $23,458. Their "sale" price was $21,457. With the 18K miles, and two year lease, their offer was $348 a month with $1,400 down.   This doesn't sound like a great deal to me, but it does have considerably more miles than most of the leases I've seen on here.   The SE I'm looking at is "Diamond Metallic, " with grey interior, fog light kit, and dimming mirror w/compass. All of the other options are the standard SE package (stereo, sunroof, etc.)   Any thoughts? Replies to this message: djhalptert (Oct 14, 2008 6:53 pm) indianajohns (Oct 14, 2008 7:15 pm) wjpooley (Oct 18, 2008 10:47 am)
#225 of 382 Re: [wjpooley] by djhalptert Oct 14, 2008 (6:53 pm)
Replying to: wjpooley (Oct 14, 2008 3:29 pm) I would buy the car for $21,400 at 3.9% for 72 months and payment would be $334 a month. Then I would use the $1,400 you were going to put as a down payment and put it towards your sales tax. Unless you get a lease quote for $234 BUY IT. That's the general rule I go by. If it doesn't save me at least $100 a month, I buy it.   They should only be charging you $900 (10cents per mile) for the extra mileage but the 18,000 per year is going to lower the residual and make leasing just not worth it. You could probably lease this car for $250 plus tax on a normal 36 month 15,000 mile lease. Replies to this message: indianajohns (Oct 14, 2008 7:15 pm) wjpooley (Oct 18, 2008 10:47 am)
#226 of 382 OCTOBER LEASE RATES by indianajohns Oct 14, 2008 (7:12 pm)
CarMan,   I am interested in the 2009 Subaru Legacy Limited 2.5i lease rates for October. I would like the 24 and 36 month rates and residuals for 10,000 miles per year. Thanks. Replies to this message: Car_man (Oct 23, 2008 3:01 pm)
#227 of 382 Re: [djhalptert] by indianajohns Oct 14, 2008 (7:15 pm)
Replying to: djhalptert (Oct 14, 2008 6:53 pm) Actually he was only being quoted 24 month lease so the mileage should've only been $600 extra. 6,000 miles times .10. They just aren't giving you a good deal either way. I'd find a different dealer and see what they will quote you. Replies to this message: wjpooley (Oct 18, 2008 10:47 am)
#228 of 382 Re: [indianajohns] by wjpooley Oct 18, 2008 (10:47 am)
Replying to: indianajohns (Oct 14, 2008 7:15 pm) Thanks, I did find a different dealer.   For the same amount of miles and a car with an MSRP of around $24, 600 (has some extra features), they offered me a rate of $324 a month. Better deal, just not what I was hoping for.   Adding to the rate is my "Tier B" credit level (a little too much fun with the credit cards in college).   Carman - Any idea what next months residuals may look like? I can hold off a little for a new (or new to me) car, but the car I've had for the past 9 years is on it's last legs. Any tips for haggling/negotiating are welcome too.
#229 of 382 Car Man by indianajohns Oct 19, 2008 (9:18 pm)
Car Man,   Can you please post the 24 & 36 month lease numbers for an '09 Legacy Limited with 10,000 and 12,000 miles? Also, please advise the Subaru acquisition fee. I had a dealer quote me $795 not $595. Thanks. Replies to this message: Car_man (Oct 23, 2008 3:09 pm)

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