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Subaru Legacy Lease Questions

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

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#230 of 378 08/09 2.5i LIMITED residuals and MF? by 1985mb Oct 20, 2008 (11:04 am)
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... Replies to this message: Car_man (Oct 23, 2008 3:14 pm)
#231 of 378 Re: OCTOBER LEASE RATES [indianajohns] by Car_man HOST Oct 23, 2008 (3:01 pm)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#232 of 378 Re: Car Man [indianajohns] by Car_man HOST Oct 23, 2008 (3:09 pm)
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 Host 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)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#234 of 378 Lease Cost Help 2009 2.5i SE by mnappi0606 Oct 24, 2008 (7:48 am)
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! Replies to this message: altimate (Oct 24, 2008 10:27 am) Car_man (Oct 27, 2008 4:36 pm)
#235 of 378 Re: Lease Cost Help 2009 2.5i SE [mnappi0606] by altimate Oct 24, 2008 (10:27 am)
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)
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 Replies to this message: Car_man (Oct 27, 2008 4:44 pm)
#237 of 378 Subaru Legay cashback by sm5199 Oct 27, 2008 (5:18 am)
Hello,   I'm in Western NY. I have contacted two dealers about leasing an 09 SE. They both agree there is no $500 rebate on this car. Where do I find info about this? Here is the deal from one dealer: 10K miles 24 months price $22,155 includes arm rest ext.,splash guards,floor mats. $1200 for my trade, $1500 cash (taxes,fees) $199 lease payment. I was thinking more like $21,000 for this price.....is that reasonable or is this a decent deal?   Thanks
#238 of 378 Re: Lease Cost Help 2009 2.5i SE [mnappi0606] by Car_man HOST Oct 27, 2008 (4:36 pm)
Replying to: mnappi0606 (Oct 24, 2008 7:48 am) Here you go, mnappi0606. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Legacy SE Sedan with 15,000 miles per year are .00230 and 61%, respectively. The residual value for a lease with only 12,000 miles per year is 1% higher.   When negotiating your lease on this vehicle, make sure to take the $500 cash incentive that Subaru is providing on it into account.   The money factor is better for non-Special Edition models, but its residual values are lower...which cancels out most if not all of the difference.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#239 of 378 Re: 2009 Legacy SE Lease Deal [conwayma] by Car_man HOST Oct 27, 2008 (4:44 pm)
Replying to: conwayma (Oct 25, 2008 7:11 pm) Hi Eric . The selling price that you were quoted for the Legacy that you are interested in looks good to me, but you probably would be better off going with a 36 month lease. I know that it is a year longer, but the money factor for 36 months is better and you can spread out your car's initial depreciation hit out over an additional twelve payments. I suspect that the payment for a 36 month lease is much lower than the 24 month payment would be.   You definitely are better off purchasing the additional miles in advance. It is cheaper to do so than to wait until lease-end and have to pay an excess mileage penalty.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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