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

#513 of 598 Re: 2011 Subaru Legacy 2.5i Premium Lease Deal [cubuff1] by jonny87

May 18, 2011 (3:33 pm)

Replying to: cubuff1 (May 18, 2011 2:38 pm)
I would love to pull off a lease similar to this. However, my motivation is to get out of negative equity on my vehicle. Our local Suburu dealer is also our Mercedes/Volvo Dealer. I currently drive a Mercedes C230 that I purchased CPO from the dealer. Hoping they will give me best price for my car and help roll it into the lease so I can start fresh. Based on the numbers I see, affodability should be cheaper than my current payment even with the negative rolled in. Is this realistic to hope for?

#514 of 598 Re: 2011 Subaru Legacy 2.5i Premium Lease Deal [jonny87] by cubuff1

May 23, 2011 (8:31 am)

Replying to: jonny87 (May 18, 2011 3:33 pm)
I went to 2 Subaru dealers and both told me that there will be an upcoming shortage of new cars due to the Japanese earthquake and they are selling more pre-owned cars and giving better trade-in values. This may help you get a higher trade-in for your existing car. Always get the best sales price possible for the new car and then talk trade-in. Good Luck!

#515 of 598 Re: Subaru Spring leasing [jimvt] by Car_man HOST

May 30, 2011 (4:55 pm)

Replying to: jimvt (May 17, 2011 2:39 pm)
Hi jimvt. I believe that Subaru's residual values for leases with 12,000 miles per year are 1% higher than its 15,000 mile per year residuals.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#516 of 598 Re: 2011 Subaru Legacy 2.5i Premium Lease Deal [cubuff1] by Car_man HOST

May 30, 2011 (4:56 pm)

Replying to: cubuff1 (May 18, 2011 2:38 pm)
Congratulations on your new car, cubuff1. Thanks for taking the time to share the details of your lease with everyone. Real-world examples like this are always helpful for others who are in the market for similar vehicles. Enjoy your new ride!
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#517 of 598 2011 Legacy 2.5i Limited by am7843a

Jun 16, 2011 (1:49 pm)

Dear Car Man,
 
Can you please provide me with Subaru's residual rates and money factor for the month of June on a 2011 Legacy 2.5i Limited for 12,000 36 months?
 
Please also provide the rates and factors for the 2.5i Premium, and 3.6R. Thanks so much.

#518 of 598 Re: 2011 Legacy 2.5i Limited [am7843a] by Car_man HOST

Jun 16, 2011 (4:45 pm)

Replying to: am7843a (Jun 16, 2011 1:49 pm)
Greetings am7843a. Subaru's June buy rate lease money factor and residual value for a 36 month lease of a 2011 Legacy 2.5i Limited with 12,000 miles per year are .00080 and 56%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical lease of an '11 2.5i Premium are .00050 and 60%.
 
The numbers for an otherwise identical lease of an '11 3.6R are .00085 and 58%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#519 of 598 Re: 2011 Legacy 2.5i Limited [Car_man] by am7843a

Jun 23, 2011 (12:40 pm)

Replying to: Car_man (Jun 16, 2011 4:45 pm)
Thanks Car_man,
 
I was able to pull the trigger on a 2011 Suabaru Legacy Automatic CVT Transmission 2.5i Premium with the All-Weather Package for 12,000 miles/year for 36 months with no money down. The All Weather package gave me, Heated Front Seats, Winshield Wiper De-Icer, Heated Side Mirrors.
 
They gave me a 59% Residual Rate, and a .00065 Money Factor.
 
Please let me know if I made a good deal. Here are the lease deals:
 
$23,900 MSRP
 
$23,000 selling price
$695.00 Acquisition fee
----------------------
 $23,695.00- adjusted total
-$14,101.00- 59% residual
----------------------
$9,594.00- figure used to calculate part one of the lease
+ $75.00- Dlr. reg fee
+ $75.00- to transfer plates
+ $10.00- inspection fee
+ $12.50- NYS tire tax
-----------------------
  $9,766.50-- Total
 - $0.00-- cap reduction
-----------------------
  $9,766.50 divided by 36 = $271.29 Principle part of lease
  $23,695 + $14,101= $37,796
                                       
$37,796- # used to calculate interest charge
* .00065 Money Factor
--------------
     $24.57- interest factor
+ $271.29 - Principal
+ $21.30 - Tax 7.2%
-----------------
  $ 317.16- monthly payment for 35 months
 
Plus they are getting me out of my current Subaru lease, which had three monthly payments left, waived the disposition fee of $500, and waived my first monthly payment of $317.16 since I am a Subaru Motor Finance loyal customer. Is this deal fair?

#520 of 598 Can I do better? by pokermunkee

Jun 25, 2011 (8:32 am)

This is a quote from a Denver Subaru dealer. I'm looking at leasing a new 11 CVT Legacy 2.5i Premium AWP/Moonroof for 36/15k.
 
"Thank you for your inquiry into our Subaru Legacy. Please find attached a copy of the Invoice to our Azurite Blue Legacy CVT Premium with AWP & Moonroof as my example. MSRP is $24,915 but the selling price is $22,284 plus our $499.95 dealer fee.
 
To lease for 36 months with 15,000 miles per year and no money down, just first payment, you are looking at $286 plus tax per month. If your tax rate is 4.9% then thats $14.01 extra."
 
So lease is coming in at $300/month with $0 down. They have 2.9%/72 financing, which would make my payment around $360-370/month with $0 down.
 
HELP! I would really like to get the payment around $250/month, is that asking way way too much ($1800 in price difference)??

#522 of 598 Re: Can I do better? [pokermunkee] by mikebluv

Aug 01, 2011 (2:42 pm)

Replying to: pokermunkee (Jun 25, 2011 8:32 am)
Subaru Legacy 25.i Premium with all weather package and heated seats 39 month lease with 600 (tax, dmv .......) down came out 286 month. Took car home last Monday.
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