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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 60 of 61

#586 of 598 Re: Lease question for Car_man [torombolo] by Car_man HOST

Dec 19, 2012 (4:58 pm)

Replying to: torombolo (Dec 04, 2012 11:33 am)
Hi torombolo. That was the residual value for leases with 15,000 miles per year. I believe that's the highest mileage allowance that Chase publishes residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end.
 
42-month leases are a little long for my personal taste. I prefer 36- or even 39-months.
 
They usually waive the security deposit, so at lease signing chase charges a $595 acquisition fee, your vehicle's first month's payment and any capitalized cost reduction that you choose to make (ideally this should be $0). Any other charges would be any state taxes or fees and perhaps the dealer trying to charge you a fluff doc fee.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#587 of 598 2013 Legacy 3.6r Limited by subieman99

Jan 03, 2013 (11:42 am)

I'm considering a lease on the following vehicle. Model has just about everything but nav.
 
Looking for some input in this lease offer. Good, bad?
 
"MSRP $31,781
Sale price $28,618
money factor for 36 months .00055
residual for 12,000 miles per year 56%
 
Payment with $3500 due at signing which includes your first payment is $307 per month including tax, title and license"

#588 of 598 Re: 2013 Legacy 3.6r Limited [subieman99] by Car_man HOST

Jan 06, 2013 (2:53 pm)

Replying to: subieman99 (Jan 03, 2013 11:42 am)
Hi subieman99. The money factor that you were quoted is right on the money. It's right in line with Chase's current lease program for this model.
 
Let's look at the other negotiable aspect of this lease, the selling price. The car that you described probably has a spread of around $2,600 or so between its full MSRP and its dealer invoice price. The $3,100 discount that you were quoted is likely below invoice, unless you live in an area that there's a cash incentive available on leases of this car. Either way, this looks like a very good deal to me.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#589 of 598 2.5i Limited info by ctal1234

Jan 23, 2013 (8:11 pm)

What is the most recent MF and residual for a 2013 Legacy 2.5i Limited? Any special offers or dealer cash available right now? Any reason to think waiting until February would yield better numbers? Looking at a 36 month, 12k mile/year lease.
 
Thanks!

#590 of 598 Re: 2.5i Limited info [ctal1234] by Car_man HOST

Jan 28, 2013 (5:19 pm)

Replying to: ctal1234 (Jan 23, 2013 8:11 pm)
Ctal1234, Chase's January buy rate lease money factor and residual value for a 36-month lease of a 2013 Legacy 2.5i Limited with 12,000 miles per year are .00055 and 57% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#591 of 598 Re: 2.5i Limited info [Car_man] by ctal1234

Jan 30, 2013 (6:38 pm)

Replying to: Car_man (Jan 28, 2013 5:19 pm)
Thanks!

#592 of 598 Re: 2.5i Limited info [ctal1234] by Car_man HOST

Feb 20, 2013 (4:40 pm)

Replying to: ctal1234 (Jan 30, 2013 6:38 pm)
You're welcome
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#593 of 598 Subaru Legacy 3.6 Limited by 6t5gto

Mar 12, 2013 (7:09 pm)

Hello Car man,
 
I would appreciate it you can tell me the MF and residual for a 2013 Legacy 3.6R Limited. It would be a 15,000 mile/year, 36 month term. I am in 11803. Thank you.

#594 of 598 Re: Subaru Legacy 3.6 Limited [6t5gto] by Car_man HOST

Mar 18, 2013 (4:41 pm)

Replying to: 6t5gto (Mar 12, 2013 7:09 pm)
Hello 6t5gto. Chase's March buy rate lease money factor and residual value for a 36-month lease of a 2013 Legacy 3.6R Limited with 15,000 miles per year are .00065 and 55% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#595 of 598 Please help by subiehorn

Apr 01, 2013 (4:15 pm)

I leased a new 2013 Subaru Legacy 2.5i Limited with Eyesight/navigation. The monthly payments are $330 for 42 months. I was told I would be allowed 52,000 miles when I turn it in, which was 12,000 miles a year for 42 months. When I got the paper work and looked it over, it said 52,500 miles allowed and $330.58 a month payment, so I signed it. Well, fast forward two weeks and I get a call from the dealership saying I was only supposed to get 12,000 miles a year for a total of 42,000 miles, not 52,500, which is 15,000 miles a year. Sure enough, I checked my paper work and it says I'm allowed 52,500 or 15,000 miles a year. I was more concerned with getting 52,000 a year and not doing the math so I didn't notice the 12,000 a year only added up to 42,000. I feel like the dealership made the math mistake and not me and should eat the cost on this. I thought I would check on here before I call them back.
 
Here are my numbers:
 
42 months
52,500 miles at end of lease or 15,000 per year
330.58/month
1,217 capitalized cost reduction
 
$2,000 total due at signing
 
Agreed price 27,986.56 Gross capitalized cost 29,736.63
Residual value 16,135.38
rent charge 1,500.11
 
Do these numbers add up? Am I required to change my contract and keep this car at lesser miles? Any help would be appreciated.
 
Thanks!

Messages Page 60 of 61

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