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Subaru Legacy, Car Leasing, Sedan, Wagon
#37 of 609 Re: New 2005 Lease [yoga]
Jun 04, 2006 (6:31 am)
You're welcome, yoga. If you were to lease a 2006 (I don't believe that Subaru is leasing the 2005 model any longer) Subaru Legacy GT Wagon through Subaru Finance right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00220 and 48%, respectively. The numbers for an otherwise identical 48 month lease should be .00160 and 41%. Using these numbers, an MSRP of $28,000, and a selling price of $23,800, I estimate that this car's zero down, pre-tax, 36 month payment should be around $370. The payment for an otherwise identical 48 month lease should be around $314. I don't believe that Subaru is providing any lease cash on this model this month, but its dealers can earn up to $1,000 dealer cash on '06 Legacy models by hitting certain sales targets. As a result, dealers should be anxious to sell the Legacy this month.
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#38 of 609 Re: New 2005 Lease [Car_man]
Jun 04, 2006 (6:41 am)
Sorry to catch you over here...would you mind swinging by the Volkswagen Touareg Leasing forum? I have a deal detailed there on which I would appreciate your advice. I need to give an answer on it tomorrow.
Thanks in advance,
#39 of 609 Re: New 2005 Lease [yoga]
Jun 04, 2006 (6:47 am)
Hey yoga. If you were to lease a 2006 Subaru Legacy 2.5i SE Wagon through Subaru Finance right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00220 and 52%, respectively. The numbers for an otherwise identical 48 month lease should be .00160 and 44%. Unfortunately, the $2,000 cash incentive that you used to negotiate your vehicle's selling price is not compatible with this special lease program.
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#40 of 609 Another 2005 Lease question/Legacy GT Limited Wagon
Jun 19, 2006 (3:20 pm)
I am planning on leasing a leftover 2005 Legact GT Limited Wagon, MSRP 31570. My plan is to put 1000 down.
What would be the expected residual and money factor for 15K, 36 mos lease on a very good credit?
#41 of 609 Re: Another 2005 Lease question/Legacy GT Limited Wagon [gluz]
Jun 25, 2006 (7:46 am)
Hi gluz. Unfortunately, Subaru is no longer leasing leftover 2005 models. If you really want to lease the '05 Legacy that you are interested in, you will have to do so through an independent bank. You probably would be better off financing or paying cash for an '05 Subaru this late in the model year.
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#42 of 609 Re: Another 2005 Lease question/Legacy GT Limited Wagon [Car_man]
Jun 26, 2006 (2:59 pm)
Car_man, not to waist your time, but what would be the identical deal look like for the 06 Limited GT Wagon for 12/36?
Thank you in advance.
#43 of 609 Re: Another 2005 Lease question/Legacy GT Limited Wagon [gluz]
Jul 19, 2006 (1:52 am)
It's not a waste at all, gluz. I'm happy to help. If you were to lease a 2006 Subaru Legacy Limited GT Wagon through its captive finance company right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00200 and 49%, respectively. When negotiating your lease on this car, keep in mind that Subaru is providing its dealers with up to $1,000 dealer cash on '06 Legacy models this month. The exact amount that dealers receive depends upon how many units they sell.
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#44 of 609 leasing 2006 courtesy vehicles
Jul 19, 2006 (1:31 pm)
Do you know if Subaru or Subaru of New England prohibit leasing of any used car (even 2006 "executive" or "loaner" models sold at a discount)?
I was able to get a quote on a 2006 "executive" Subaru Legacy GT sedan (automatic) for $25,895 from a Subaru of New England dealer in NH. They told me they could lease it to me for $383 per month with 0 down for 4 years and 15,000 miles per year (or $424 per month for 3 years). (Is that a good deal, by the way?)
However, I found similar cars at a few other dealers, which they would not lease to me. For example, Patrick Subaru in MA told me that they could not lease me either of their two used 2006 Legacy GT's that they have in stock (both of which they list at about $26,000 and one of which is listed as never having been registered) because Subaru of New England does not allow leasing on used cars, even 2006 models. Are they BS-ing me?
#45 of 609 Re: leasing 2006 courtesy vehicles [ari37]
Aug 06, 2006 (6:06 am)
Hi ari37. You probably would be able to use Subaru's new vehicle lease program to lease a demo vehicle. However, you would not be able to use it to lease a vehicle that has already been titled. I am not sure if Subaru has a lease program for used vehicles. If it does, I have never personally seen it.
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#46 of 609 Buy Rate on 2007 Legacy 2.5
Sep 24, 2006 (9:59 pm)
Wondering what the current buy rate is on a 2007 Legacy 2.5 sedan (non-turbo). Planning on 24 or 36 mos, with a minimal amount down. Also, do you know what kind of incentives SoA is giving on these right now?? Thanks for your help!!!