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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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#227 of 378
Re: [djhalptert] by indianajohns
Oct 14, 2008 (7:15 pm)
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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.
#228 of 378
Re: [indianajohns] by wjpooley
Oct 18, 2008 (10:47 am)
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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 378
Car Man by indianajohns
Oct 19, 2008 (9:18 pm)
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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.
#230 of 378
08/09 2.5i LIMITED residuals and MF? by 1985mb
Oct 20, 2008 (11:04 am)
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Hi - what are the 24mo residuals and MF for 2008 and 09 2.5i LIMITED models?
 
And how much of a discounted selling price/cap cost can realistically be expected for remaining 08s? Either relative to msrp or relative to invoice...
#231 of 378
Re: OCTOBER LEASE RATES [indianajohns] by Car_man HOST
Oct 23, 2008 (3:01 pm)
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Replying to: indianajohns (Oct 14, 2008 7:12 pm)

Hi Indy. Here's the info that you're looking for. Subaru's current buy rate lease money factor and residual value for a 24 month lease of a 2009 Legacy Limited 2.5i with 10,000 miles per year are .00280 and 72%, respectively. The numbers for an otherwise identical 36 month lease are .00185 and 60%.
 
When negotiating your lease on this car, make sure to take the $500 cash incentive that Subaru is providing on leases of it into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#232 of 378
Re: Car Man [indianajohns] by Car_man HOST
Oct 23, 2008 (3:09 pm)
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Replying to: indianajohns (Oct 19, 2008 9:18 pm)

Hi indianajohns. Please see my previous post for the lease program data that you are interested in. In answer to your second question about Subaru's acquisition fee, the last time that I checked...and it was not that long ago...they charged $595.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#233 of 378
Re: 08/09 2.5i LIMITED residuals and MF? [1985mb] by Car_man HOST
Oct 23, 2008 (3:14 pm)
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Replying to: 1985mb (Oct 20, 2008 11:04 am)

Greetings 1985mb. Subaru's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Legacy Limited 2.5i Sedan with 15,000 miles per year are .00120 and 62%, respectively. The numbers for an otherwise identical lease of a 2009 model are .00280 and 70%.
 
I am not intimately familiar with what the market is like for the Legacy right now, but for the most part dealers are hurting for business everywhere. If I was interested in getting an '08 Legacy, I personally would offer a couple hundred dollars over invoice and then have the dealer subtract the $1,000 cash incentive that is available on leases of this model from that.
 
For additional pricing feedback on this model, hop on over to the "Subaru Legacy Prices Paid and Buying Experience" discussion.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#234 of 378
Lease Cost Help 2009 2.5i SE by mnappi0606
Oct 24, 2008 (7:48 am)
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Hi CarMan!!
 
Can you tell me the money factor and residual for the following scenarios on a 2009 SE with a 36 year term:
 
12,000 mi/year
15,000 mi/year
 
Also, do you know if there are any cash back promotions I should know about? Is this legacy model the one with the best MSRP/residual ration or is there more bang for the buck without the SE?
 
Thanks in advance!
#235 of 378
Re: Lease Cost Help 2009 2.5i SE [mnappi0606] by altimate
Oct 24, 2008 (10:27 am)
Reply

Replying to: mnappi0606 (Oct 24, 2008 7:48 am)

I leased an 09 SE in September and the residual with 15000 mi. was 74% (I believe it was 75% with 12000). In October the residual on an SE appears to be 70%. It was close to 80% in August (an amazing figure).
 
As to your question, my salesman told me that the SE had the best residual and was several percentage points better than a Limited. So you will definitely do the best payment wise with an 09 SE.
#236 of 378
2009 Legacy SE Lease Deal by conwayma
Oct 25, 2008 (7:11 pm)
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Car_man:
   
I am looking to lease a 2009 Legacy SE and want to run the deal by you. The MSRP is $23710. Price paid would be $20675. 24 month Term, 20,000 miles per year allowance. $999 down plus first month payment. Money factor is .00280 and residual percentage is .74. The monthly payment is 269.00. Tax, title, reg, acq fee, and additional miles (5000) are all included in the 269.00.
 
Is this a good deal? Are there any other points I should try to negotiate? I drive about 19000 a year so I thought it made sense to buy the extra 5000 up front.
 
Thanks for your advice
-Eric

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