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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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#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)
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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
#275 of 382
Done Deal! by mtyler
Jan 02, 2009 (8:08 pm)
Reply
2009 Legacy SE Auto
 
 MSRP 22990
 
 + Foglights
 
 $239 Tax included $0 down 24 months 24 K
 
 1st payment on dealer /Free maintenance for lease term
 
Thanks to the board for the info
 
Michelle
#276 of 382
Re: Done Deal! [mtyler] by jbone108
Jan 04, 2009 (12:16 pm)
Reply

Replying to: mtyler (Jan 02, 2009 8:08 pm)

Very good deal. IMO
#277 of 382
Re: 09 Legacy 2.5 SE [cdnj1] by Car_man HOST
Jan 09, 2009 (4:29 am)
Reply

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

Cdnj1, its money factors for 24 month leases are significantly higher than its factors for 36 month leases. To illustrate, its current buy rate lease money factor on the '09 Legacy SE Sedan is .00250 for 24 month terms but only .00170 for 36 month leases.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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