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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 57 of 61

#553 of 598 Re: January Lease Numbers [battlle] by Car_man HOST

Jan 16, 2012 (5:02 pm)

Replying to: battlle (Jan 02, 2012 7:44 pm)
Hi battlle. Chase's January buy rate lease money factor and residual value for a 36-month lease of a 2012 Legacy 2.5i Limited with 15,000 miles per year are .00040 and 52%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 39-month lease are .00050 / 50%. The 42-month numbers are .00065 / 49%.
 
You definitely don't want to lease for 24 months. Subaru's terms for that length lease are terrible.
 
Subaru increases the residual values for 36- and 39-month terms by 1% for 12,000 miles per year and 2% for 10,000 miles per year.
 
For 42-months it bumps them 2% for 12k and 3% for 10k.
 
Chase's base acquisition fee is indeed still $595. They will not waive it, but you can roll it into your vehicle's capitalized cost to bake it into your monthly payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#554 of 598 Re: 3.6R Lease [tja1] by Car_man HOST

Jan 16, 2012 (5:08 pm)

Replying to: tja1 (Jan 04, 2012 6:40 pm)
Hi tja1. I also need a selling price in order to work up a payment for you. For now I will just work up a couple of different scenarios.
 
According to my calculations, if you were to lease a 2012 Subaru Legacy 3.6R Premium that has an MSRP of $28,749 with a $1,000 dealer discount through Chase right now for 39-months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $337.
 
A $2,000 discount would drop this car's payment to around $311.
 
I worked up zero down payments because it is in your best interest as a consumer to put as little down as possible when leasing. Consumers who make large down payments risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#555 of 598 2012 Legacy Limted Quote by mickeym

Mar 04, 2012 (7:25 am)

I received a lease deal for a 2012 legacy 2.5 Cvt Limited with the following opt:
 
Moonroof & Navigation
Premium Radio
All Weather pk
Remote start
body side mode
 
3 year 10k miles no money down -
$2,500 at signing includes 1st month payment, taxes, Lic,, & all other assosciated dealer cost

#556 of 598 Legacy lease by mooch722

Mar 10, 2012 (4:20 pm)

Hi carman,
                  I was just quoted a price on a lease and was wondering if it is a good deal. I am looking at the 2012 subaru legacy 2.5i premium with sunroof and all weather package. On a 42 month lease at 10k per year with $1263 out of pocket (ny taxes and plates) 1st month and dispo fees waived, I was quoted a price of $278.47. The msrp on the car is $25,286. Additionally the car includes, cargo net, all weather mats, auto dim mirrors and rear appliqué .
  
Please let me know if you think this is worth it. Thank you!!!

#557 of 598 legacy lease by mooch722

Mar 12, 2012 (9:19 am)

Hi,
        just wanted to let you know, the selling price for the subaru legacy I was speaking about in my previous post (#556) is $24,294.
 
Thanks

#558 of 598 March 2012 Legacy Money Factor/Residuals by stackowax1

Mar 16, 2012 (12:10 pm)

I was just quoted a money factor of .0008 and a residual of 52% for a 42 month lease on a Legacy. The money factor seems rather high. Is there an "official" money factor rate published somewhere? How does one determine what the money factor "should" be?
 
Other info: the price quoted for a base model 6 speed manual transmission Legacy with Alloy Wheel Package and Popular Package #1 was $20,700 (MSRP=22,701).
 
Using the money factor above with $2,000 down, the payment came to 234.65.

#559 of 598 Re: Legacy lease [mooch722] by Car_man HOST

Mar 18, 2012 (1:51 pm)

Replying to: mooch722 (Mar 10, 2012 4:20 pm)
Hey mooch722. Do you happen to know what this car's selling price is? I ask because the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Knowing this number makes it much easier to tell how large a dealer discount you are being given and in turn if there is any room left to negotiate. Let me know and either myself or another helpful community member will tell you what they think.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#560 of 598 Re: legacy lease [mooch722] by Car_man HOST

Mar 18, 2012 (1:57 pm)

Replying to: mooch722 (Mar 12, 2012 9:19 am)
Ah ha, mooch722. I should have scrolled ahead . OK, so you are essentially getting a $1,000 discount on this car. I suspect that this car probably has a spread of around $1,750 or so between its full MSRP and its dealer invoice price. That puts you at $750 over invoice, assuming that there isn't any cash incentives on this car in your area. $750 over isn't bad, but I wouldn't want to pay any more than that. If you tell me what state you are in, I can try to find out if there's any cash available on leases of this car in your area that you can use to your advantage during negotiations.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#561 of 598 Re: March 2012 Legacy Money Factor/Residuals [stackowax1] by Car_man HOST

Mar 18, 2012 (2:01 pm)

Replying to: stackowax1 (Mar 16, 2012 12:10 pm)
Hello stackowax1. Subaru's current buy rate lease money factor for a 42-month lease of a 2012 Legacy 2.5 Limited with manual transmission and the alloy wheel package is .00030, assuming that you qualify for its top credit tier. As you suspected, the money factor that you were quoted is slightly high.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 57 of 61

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