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Prices Paid: Buying & Leasing Experiences Subaru Legacy Lease Questions
378 messages, Last post on Nov 01, 2009 at 12:31 PM
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Replying to: chevegan (Dec 20, 2008 10:20 pm) MSRP. Sale price. Miles per year.
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Please advise on current money factor and residual for 09 Subaru Legacy SE for 24 months 10K miles year. Thanks
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Replying to: jbone108 (Dec 23, 2008 4:04 pm) total cap cost $20,500 10k per year |
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Replying to: mtyler (Dec 15, 2008 7:01 pm) I provided you with the 36 month numbers for this car instead of the 24 month numbers because Subaru is not currently providing support on two year leases. As a result, its money factors for that term are much higher. It is difficult for me to give you my opinion of this deal without knowing either this car's MSRP or dealer invoice price. You can look up those numbers over in the New Vehicle Pricing section of Edmunds.com. If I was personally in the market for an '09 Legacy right now, I would shoot for a couple hundred dollars over dealer invoice minus the $500. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jbone108 (Dec 23, 2008 4:55 pm) I provided you with the 36 month numbers for this car instead of the 24 month numbers because Subaru is not currently providing support on two year leases. As a result, its money factors for that term are much higher. If I was personally in the market for an '09 Legacy right now, I would shoot for a couple hundred dollars over dealer invoice minus the $500. You can look up those numbers over in the New Vehicle Pricing section of Edmunds.com. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Dec 30, 2008 3:53 am) What do you mean by Subaru isn't supporting 24 month leases? I was working with a dealer on a 36/36 (see above posts) and another dealer quoted me as follows on a 24/24: MSRP..............................................................$22,990.00 Capcost (Selling Price)....................................$20,825.00 Tax...........................................................................40- 5.73 Residual.......................................................................7- 3% Buy Out...............................................................18,060.20 Doc Fees...................................................................150.00 NJ Tire Tax...................................................................7.50 Motor Vehicle Fees.................................................138.00 24 month lease (better program from Subaru...sign and drive 1st. payment waived). Payment for 24 months at 12,000 miles a year is $248.30 with only a total cash out of pocket of $295.50. Is this a dealer specific incentive? I've been advised the deal is good through 1/5. Love to hear your thoughts... Thanks. |
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Replying to: cdnj1 (Dec 30, 2008 2:17 pm) 24/20 $0 out of pocket at signing 23 payments of $238. Msrp of $23500. All in all I know I have gone about the deal the wrong way. I've been more focused on payments and $0 out of pocket then acautly what they are selling the car for. But since i have no intentions buying the car when the lease is up and its costing me less then $10 a month. I don't see wheres its a big deal
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Replying to: jbone108 (Dec 30, 2008 3:04 pm) id been working numbers (using my logic anyway) toward a 36/36  ~$290/mo w/ ~$1300 at signing...and I felt pretty good about that deal, honestly... id originally intended to just go to another (closer) dealer for a test drive and this 24/24 deal fell into my lap (and defying the logic of the original deal)... like you, with no intention to buy at and of lease, the #s work in my favor $50 less/mo and $1k less at signing...seems a solid deal.
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Replying to: cdnj1 (Dec 30, 2008 2:17 pm) Thanks, Michelle
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Replying to: mtyler (Dec 30, 2008 8:00 pm) |
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