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Subaru Legacy Lease Questions

598 messages,  Last post on May 14, 2013 at 7:50 PM

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

Messages Page 6 of 61

#47 of 598 Re: Buy Rate on 2007 Legacy 2.5 [majdomo] by Car_man HOST

Sep 28, 2006 (3:59 am)

Replying to: majdomo (Sep 24, 2006 10:59 pm)
Hi majdomo. Here's the information that you're looking for. Subaru Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Subaru Legacy 2.5 Sedan with 15,000 miles per year are .00390 and 64%, respectively. Its 36 month numbers are much more reasonable at .00290 and 51%. Subaru is not currently providing any cash incentives on leases of this car.
 
Car_man
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#48 of 598 2007 Legacy GT Limited Sedan by uconnhusky

Oct 04, 2006 (2:33 pm)

Hi Carman, I'm interested in purchasing a 2007 Subaru Sedan 2.5 GT Limited. The MSRP is $31,438 & invoice is $28,834. I'm also planning on leasing for 48 months. Can you please tell me what my monthly payments would be as well as the money factor & residual?
 
Thanks,
Uconn

#49 of 598 Re: 2007 Legacy GT Limited Sedan [uconnhusky] by Car_man HOST

Oct 23, 2006 (3:06 am)

Replying to: uconnhusky (Oct 04, 2006 2:33 pm)
Hi Uconn. Subaru Auto Finance's current buy rate lease money factor and residual value for a 48 month lease of a 2007 Subaru Legacy 2.5 GT Limited Sedan with 12,000 miles per year are .00240 and 50%, respectively. Your lease payment for this vehicle will depend upon what sort of selling price you are able to negotiate on it. Given the fact that Subaru is providing $750 lease cash on it this month, let's say that you were able to lease one right at dealer invoice. According to my calculations, if you were to lease a 2007 Subaru Legacy 2.5 GT Limited Sedan with an MSRP of $31,438 and a selling price of $28,834 through Subaru Auto Finance right now for 48 month with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $381.
 
Car_man
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#50 of 598 Re: 2007 Legacy GT Limited Sedan [Car_man] by subearu

Oct 23, 2006 (1:51 pm)

Replying to: Car_man (Oct 23, 2006 3:06 am)
What about a 48 month, 12k miles per year for the similarly equipped GT sedan, zero down? One caveat is I'm eligible for the IMBA VIP discount which starts pricing at invoice, so I believe I'd then take the $750 off that. Sales tax is 5.5% as well.
 
-Brian

#51 of 598 Re: 2007 Legacy GT Limited Sedan [Car_man] by ursrob

Nov 15, 2006 (9:11 am)

Replying to: Car_man (Oct 23, 2006 3:06 am)
Hi Car Man,
      I am looking to lease a 2007 Subaru Legacy GT limited for 24 months with zero out of pocket. Do you know what the money factor and residual are? Thanks

#52 of 598 Legacy Leasing for Nov '06 by looking4lease

Nov 16, 2006 (9:58 am)

Hi Car Man. I have found a on a Subaru Legacy Ltd.listed at Edmunds under incentives. The one I am looking at is for 24 mos. 2k down, 10k per year. The MSRP with a few small accessories is: $25,091. Can you tell me: the MF, the residual, and if this is a good offer? I will add miles up to 15k but I dont mind paying for those up front. Also, is there any lease cash or manufacturer to dealer incentives on this car for leasing? Thanks so much, looking4lease

#53 of 598 Re: 2007 Legacy GT Limited Sedan [subearu] by Car_man HOST

Nov 20, 2006 (6:48 am)

Replying to: subearu (Oct 23, 2006 1:51 pm)
Hey Brian. Subaru's current buy rate lease money factor and residual value for a 48 month lease of a 2007 Legacy GT Sedan with 12,000 miles per year are .00230 and 54%, respectively. I would be happy to use this program to estimate what your lease payment should be like on this car. In order for me to so I just need you to provide me with its MSRP and VIP selling price.
 
Car_man
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#54 of 598 Re: 2007 Legacy GT Limited Sedan [Car_man] by subearu

Nov 20, 2006 (11:59 am)

Replying to: Car_man (Nov 20, 2006 6:48 am)
MSRP: $31,111
Invoice: $28,791
 
VIP pricing is invoice minus any incentives/discounts (looks like $750 customer cash is available).
 
I too am ahead on my '04 Forester XT: the lease payoff is lower than the "average" trade-in figures. Selling a leased car at home isn't usually ideal, will have to see if CarMax has any interest in it if the Subie dealer doesn't.
 
thanks,
-Brian

#55 of 598 Re: 2007 Legacy GT Limited Sedan [ursrob] by Car_man HOST

Nov 21, 2006 (9:21 am)

Replying to: ursrob (Nov 15, 2006 9:11 am)
I sure do, ursrob. Subaru's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Legacy GT Limited Sedan with 15,000 miles per year are .00270 and 65%, respectively. With this lease you would have to pay your vehicle's first month's payment, a security deposit equivalent to that payment rounded up the the nearest $25 or $50 increment, Subaru's $595 acquisition fee, and any requited state taxes or fees at signing.
 
Car_man
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#56 of 598 Re: Legacy Leasing for Nov '06 [looking4lease] by Car_man HOST

Nov 21, 2006 (9:28 am)

Replying to: looking4lease (Nov 16, 2006 9:58 am)
Greetings looking4lease. Subaru's current buy rate lease money factor and residual value for a 2007 Legacy Limited Sedan with 10,000 miles per year are .00270 and 72%, respectively. The residual value for an otherwise identical lease with 15,000 miles per year is 2% lower.
 
I see that you are considering making a $2,000 down payment on your lease. I always advise consumers not to make down payments when leasing. I do so because if their leased vehicle is totaled in an accident or stolen and never recovered, their down payment essentially disappears. Consumers can and should lease any vehicle that they want without making any sort of capitalized cost reduction. All you will have to pay at lease signing are your vehicle's first month's payment, security deposit, $595 acquisition fee, and any required state taxes or fees at signing.
 
I would be happy to give you my opinion of the deal that you are getting, but you never mentioned this car's selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing what the selling price is, it's difficult to say how good a deal this is. Subaru is currently providing $750 customer cash on this model, but I do not believe that this cash is compatible with its lease program.
 
Car_man
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Messages Page 6 of 61

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