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Subaru Legacy Lease Questions

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

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 48 of 61

#467 of 598 Re: 2011 LEgacy Lease [Car_man] by perfectrainbow

Sep 29, 2010 (9:44 pm)

Replying to: Car_man (Sep 28, 2010 4:03 am)
Car Man,
so what do you think of the deal I got.
 
Subaru legacy 2011 graphite gray base automatic no additions.
36 month lease through chase. excellent credit (750)
$450 at inception.
12 K miles.
$264 for remaining 35 months (post tax) approx $244 pre tax (our tax rate in Cuyahogo county Ohio is 7.75%)
 
Im figuring a money factor of .002 approx and residual value of 63% but my numbers could be off.
 
Thanks.

#468 of 598 Re: 2011 LEgacy Lease [perfectrainbow] by Car_man HOST

Oct 11, 2010 (3:17 am)

Replying to: perfectrainbow (Sep 29, 2010 9:44 pm)
Congratulations on getting your new Legacy, perfectrainbow.
 
At first glance, your payment certainly looks attractive, that's a heck of a car for only $244 per month. It would be much easier for me to provide you with a detailed analysis of this deal if you provided us with this car's MSRP and selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without these numbers, it is much more difficult to tell how large a dealer discount you were given. Let us know what they are and I'm sure that either myself or another knowledgeable community member will tell you what they think.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#469 of 598 Lease Calculation by abcgraphix

Oct 28, 2010 (10:54 am)

Car_Man,
Can you please calculate the lease in this 2 options? Are the selling prices good?
What are the number for factor and residual for this month? Thanks in advance.
 
2011 Legacy Premium + AWP/HK/Media Hub/Homelink/Splash Guards
MSRP 25,284
Selling Price 23,014
10K/year - 36 months
No money down - Credit score around 750
7.72% Tax
 
2011 Legacy Limited + Popular2B and Popular 3B
MSRP 27,367
Selling Price 25,048
10K/year - 36 months
No money down - Credit score around 750
7.72% Tax

#470 of 598 Legacy 3.6R with nav by netdoc1

Nov 18, 2010 (2:55 pm)

Dealer would not provide any of the typical info of money factor and or residul. But quoted a 12K miles per year as $580 wich is more per month that i was quoted for a G37X AWD. Seems nuts to me. What is the standard Money factor and residual for a 2011 3.6R with Nav?

#471 of 598 Re: Legacy 3.6R with nav [netdoc1] by spacklebucket

Nov 18, 2010 (3:08 pm)

Replying to: netdoc1 (Nov 18, 2010 2:55 pm)
I don't have the numbers you're looking for, but you are correct when you say, "Seems nuts to me". I think they might by quoting you a full pop lease.
Another thing is that if they would not provide any of the "typical" info, something is not right.
Sale price of vehicle, Money Factor and residual value figures are not optional information.
Any reputable dealer should be able to give you that info.

#472 of 598 2011 Legacy Limited Lease?? by inlandsurf

Nov 18, 2010 (3:28 pm)

If Possible, Trying to find out if this is a good deal...and what the lease payment should be??? Please
 
2011 Legacy Limited (moonroof, and some other small options)
msrp 27742
selling price 26200
12k miles
Great credit (790)
Residual 16367
9.5 tax.
 
Thanks!

#473 of 598 Re: Legacy 3.6R with nav [netdoc1] by radude

Nov 18, 2010 (3:59 pm)

Replying to: netdoc1 (Nov 18, 2010 2:55 pm)
That dealer is definitely trying to take you for a ride.
 
In September I leased a 2011 Legacy 3.6R Limited (with some add-ons but no NAV) for $390 a month, 42 month, 10K a year. That was with 0 down (sign and drive). The MSRP was $30,000.
 
You may want to try other dealers in your area.

#474 of 598 2011 Legacy Premium - All Weather Package by cutter22ou

Nov 22, 2010 (8:43 am)

Does anyone know the Money Factor and Residual Percentage values for November for the 2011 Subaru Legacy Premium?
 
I was quoted an offer of $23,300 MSRP Sale Price (company discount) for a 36 months, 12k miles, 0 money down, $296 lease payment. It was with the All Weather Package. Trying to find out if the deal is good and where I can negotiate.
 
Thanks for any feedback. I know i can negotiate on the sale price from their quoted MSRP discount, but want to to know the other numbers to look for. Thanks again.

#475 of 598 Buying off lease by altimate

Nov 24, 2010 (9:25 am)

Car-man, Thanks for your lease quote. As I had mentioned sometime back the residual on my 09 Legacy was too high to buy off lease even though I loved the car.
 
None the less I called Chase and was pleasantly surprised that they quickly moved off the residual and in fact agreed to reduce the purchase price by 3K. They then offered 4% financing as well and no bother with a credit check either.
 
What seemed like no deal has turned into a great deal and I am now the happy owner of my 09 Legacy. The moral of the story is it's always worth an effort to negotiate.
 
Keep up the good work.

#476 of 598 Re: Buying off lease [altimate] by stktrader

Nov 25, 2010 (10:12 am)

Replying to: altimate (Nov 24, 2010 9:25 am)
altimate,
I tried to do this with my 4 '09 legacys that I leased through Chase, but they wouldn't budge on the buyout price, so I just turned them in. I actually have a bad experience with chase on 2 of the legacys because they said I did all of this damage and wanted to charge me >$2k ontop of the $1k wear and tear. I ended up having to write subaru and chase a letter, and they eventually dropped all the charges. Chase really gave me the run around and threatened to ruin my credit if I didn't pay. Anyways, I turned in all 4 since they didn't want to negotiate the buyout. They even admitted once on the phone they got crushed on the residual values, as if that is my problem. I think I remember it was upwards of 80%, someone must have not calculated these right when they did the offer. Whoopsidaises. This was the best deal of the decade IMHO.
 
So I am a glutton for punishment and I am looking to lease another legacy through Chase. Still trying to decide between the 3.6R limited and the 2.5GT limited. I am not crazy about cheap feeling WRX, so I think the 2.5GT is the best equivalent.

Messages Page 48 of 61

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