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Prices Paid: Buying & Leasing Experiences Subaru Legacy Lease Questions
382 messages, Last post on Nov 24, 2009 at 4:50 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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We just did this deal: 2009 Subaru Legacy 2.5i Special Edition Automatic Transmission Spoiler Satellite Radio Splash Guards All-Weather Floor Mats Quartz Silver Metallic Charcoal Gray Interior MSRP: 23,9xx Lease Deal $1000 total due at signing $199/month + tax 24 months 10,000 miles a year Deal was negotiated in under 15 minutes. Probably due to the fact that its a national program from Subaru. This was outside Philadelphia, PA So far we love the car...could be a new subaru family maybe? |
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Replying to: 28firefighter (Dec 01, 2008 2:06 pm)
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Replying to: ateixeira (Dec 02, 2008 8:04 am) Anyway, car is going back to the dealer on Friday to get a couple issues we found during delivery, but aside from that it is really a great 3rd car. |
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Replying to: 28firefighter (Dec 01, 2008 2:06 pm) |
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Replying to: 28firefighter (Dec 01, 2008 2:06 pm) i) Depreciation Fee = (Cap Cost - Residual)/Term ii) Finance Fee = (Cap Cost + Residual) * Money Factor Monthly Payment (excl. taxes) = Depreciation Fee + Finance Fee Car_man has published Subaru's Money Factor and Residual for the Legacy at 0.00230 and 72% for a 24 month term at 12K miles/yr. Noting that this deal was for 10K miles, I would imagine that the residual goes up another point or two at most. Using $24K as the Cap Cost, I get a monthly fee of nearly $360. So, this special program from Subaru must be discounting the Cap Cost enormously (more than 25-30% ??) to get to a $199 monthly payment. Does this sound about right?
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Replying to: ksrp (Dec 06, 2008 10:11 pm) I know the residual at the end of the lease is something insane like $19,xxx. 24 months/10k miles a year. Sorry I know this doesn't help a whole lot - as far as the dealer, I can't give out dealer names on these boards I don't think. Hope that helps a little bit.
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Replying to: 28firefighter (Dec 08, 2008 9:52 am)
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Replying to: red927 (Dec 08, 2008 12:01 pm) |
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Hi all, I've quotes for both for 36/36 leases (in Northern New Jersey)... SE: Residual - 61% MF - .00210 adjusted cap - 21609 At signing: 1277 Monthly: 285 Limited: Residual - 57% MF - .00155 adjusted cap: 24415 At signing - 1320 Monthly - 329 Thoughts on either of these deals? Are 24/24 leases a better deal on Legacy? Thanks in advance...
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Replying to: cdnj1 (Dec 10, 2008 9:08 am) can anyone tell me how tax is calculated on a lease in nj? i cannot figure it out for the life of me... SE: initial cap - 20889 tax - 720.21 Limited: initial cap - 23592.24 tax - 823.13 thanks.
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