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Prices Paid: Buying & Leasing Experiences Subaru Legacy Lease Questions
378 messages, Last post on Nov 01, 2009 at 12:31 PM
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HI My 2003 special edition is off lease on the 21st. I'm looking into getting another Legacy but can't decide if the extra cost of the GT with the premium fuel, extra insurance, is worth it. I'll probably stay with the special edition. Two questions: is it worth trying to find an 06 GT and see if I can get it at a bigger discount than the 07? Does the fact that it's already a year old effect the price since it's already depreciated? (ok three questions...) I see that many people say that they want to lease with no money down or even that it's not good to put money down...is that the best way? I had to put down about 3 grand for the last one. I see though that there is a special program on now for new cars, and wonder if I can get a good deal on one since I also get the loyalty 1% discount. The only problem is that I'm 20,000km over on my mileage which is about 2 grand I'll have to pay unless I can get them to absorb it. What is the best way to proceed. I have to do this soon. thanks, cdndriver. Oh, I live in Toronto, Canada |
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Replying to: aparamedic (Nov 24, 2006 1:35 pm) Let's take a look at this deal. You were quoted a discount of $3,168 on a 2007 Subaru Legacy 2.5i Special Edition Sedan. This vehicle only has a spread of a little over $1,200 between its full MSRP and dealer invoice price. Add to that the $750 lease cash that is currently available on this model and we come up with a total of around $2,000 to play with. As you can see, the selling price that you were quoted for this vehicle is excellent. The money factor and residual value that you were quoted for this car are right on the money as well. If you like it, I personally don't see any reason not to pull the trigger on this deal. Vehicles' residual values are base upon a percentage of their full MSRPs including the destination charge and the MSRPs of any options that can be residualized. Car_man Host Prices Paid Forum |
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Car_man, can I get some help with a 2007 Legacy GT with 30,303 MSRP and 26266 selling price for a 36 month lease and 12K miles/year. I am looking for MF and residual value to figure out lease payments. Thanks
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Replying to: plevyva (Dec 27, 2006 6:28 pm) It appears they are using a .003 MF and 49% residual..are those the right values? Thanks |
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Replying to: Car_man (Dec 14, 2006 4:35 am) 2007 Legacy 2.5i special edition MSRP $22,420 42 months  $293.58 for 42 months $2,200 down residual $11,658.40. I don't remember the exact selling price it is around #20,4xx. The advertised price is $20,999. The interest factor is .00260 & residual rate is 52%. Is this a fair price or should I walk? Thank you
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Replying to: retiredguy (Jan 07, 2007 8:36 am)
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Replying to: marks655 (Jan 07, 2007 11:29 am) Car Man please advise on my cost..marks price is better than the one I have. I am going to the dealer on Wed..can you help me? TIA |
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| The lease monthly payments/down payments don't seem to fit the "you can get more car for less money per month" Some of the monthly rates I have been quoted would pay off a car in 5 or 6 years. Ford was the only one that seems to have favorable lease deals (I did not try GM)any thoughts? | |
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Replying to: rws0131 (Jan 05, 2006 6:46 pm) Thanks again! ajfitz
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Replying to: plevyva (Dec 27, 2006 6:28 pm) Car_man Host Prices Paid Forum |
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