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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

What is this discussion about? Subaru Legacy, Car Leasing, Sedan, Wagon



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#265 of 382
Re: 2009 LEGACY 2.5I SPECIAL EDITION [jbone108] by chevegan
Dec 28, 2008 (7:58 pm)
Reply

Replying to: jbone108 (Dec 23, 2008 4:04 pm)

MSRP can't remember. Only option was the homelink mirror with auto dim
 
total cap cost $20,500
10k per year
#266 of 382
Re: 2009 Subaru Legacy SE Lease [mtyler] by Car_man HOST
Dec 30, 2008 (3:48 am)
Reply

Replying to: mtyler (Dec 15, 2008 7:01 pm)

Hi mtyler. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Legacy 2.5 SE with 10,000 miles per year are .00210 and 62%, respectively. Subaru is currently providing a $500 cash incentive on leases of this model.
 
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
#267 of 382
Re: 09 Legacy 2.5 SE [jbone108] by Car_man HOST
Dec 30, 2008 (3:53 am)
Reply

Replying to: jbone108 (Dec 23, 2008 4:55 pm)

Hi jbone108. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Legacy 2.5 SE with 10,000 miles per year are .00210 and 62%, respectively. Subaru is currently providing a $500 cash incentive on leases of this model.
 
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
#268 of 382
Re: 09 Legacy 2.5 SE [Car_man] by cdnj1
Dec 30, 2008 (2:17 pm)
Reply

Replying to: Car_man (Dec 30, 2008 3:53 am)

Hi Carman,
 
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.
#269 of 382
Re: 09 Legacy 2.5 SE [cdnj1] by jbone108
Dec 30, 2008 (3:04 pm)
Reply

Replying to: cdnj1 (Dec 30, 2008 2:17 pm)

I'm dealing with a dealer offering about the same deal.
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
#270 of 382
Re: 09 Legacy 2.5 SE [jbone108] by cdnj1
Dec 30, 2008 (5:45 pm)
Reply

Replying to: jbone108 (Dec 30, 2008 3:04 pm)

im with you jbone...
 
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.
#271 of 382
Re: 09 Legacy 2.5 SE [cdnj1] by mtyler
Dec 30, 2008 (8:00 pm)
Reply

Replying to: cdnj1 (Dec 30, 2008 2:17 pm)

Which dealer are you working with in NJ?
 
Thanks,
Michelle
#272 of 382
Re: 09 Legacy 2.5 SE [mtyler] by cdnj1
Dec 31, 2008 (12:25 pm)
Reply

Replying to: mtyler (Dec 30, 2008 8:00 pm)

hi michelle - nitti subaru in hamilton sq for 24/24 and town motors in englewood for 36/36.
#273 of 382
by Naren8
Jan 01, 2009 (6:34 pm)
Reply
Hi All,
Looks like there are some good deals out there, but in the twin cities this is the best I've found. Think I mught oull the trigger on it. What do y'all think?
 
Legacy 09 SE automatic
- $21149
- $1400 down at signing (includes ttl & dealer fee) & $208/month
- 10,000 miles
- free oil changes and car washes through the life of the lease
#274 of 382
corrected spelling by Naren8
Jan 01, 2009 (8:57 pm)
Reply

Replying to: Naren8 (Jan 01, 2009 6:34 pm)

Hi All,
Looks like there are some good deals out there, but in the twin cities this is the best I've found. Think I might pull the trigger on it. What do y'all think?
  
Legacy 09 SE automatic
- $21149
- $1400 down at signing (includes ttl & dealer fee) & $208/month
- 10,000 miles
- free oil changes and car washes through the life of the lease

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