Last post on Jul 22, 2013 at 12:44 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Subaru Legacy, Car Leasing, Sedan, Wagon
#61 of 608 Re: Help with lease numbers [aparamedic]
Dec 14, 2006 (4:35 am)
Welcome aparamedic. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
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.
Prices Paid Forum
#62 of 608 2007 Legacy GT
Dec 27, 2006 (6:28 pm)
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
#63 of 608 Re: 2007 Legacy GT [plevyva]
Dec 28, 2006 (10:14 am)
Just to add some more info, the dealer quoted $446.61 monthly payment on a 3 yr lease 12K miles/year and no down payment other than 1st month payment.
It appears they are using a .003 MF and 49% residual..are those the right values?
#64 of 608 Re: Help with lease numbers [Car_man]
Jan 07, 2007 (8:36 am)
This is my first ever "attempt" at leasing a car. The dealer is in San Antonio, Tx.
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
#65 of 608 Re: Help with lease numbers [retiredguy]
Jan 07, 2007 (11:29 am)
I just leased a Legacy Special Edition for $276/month with a $1,500 trade-in allowance and $500 out-of pocket. Details: 42 month 12k miles/year. Very pleased with the car and the lease terms. Includes tax, etc.
#66 of 608 Re: Help with lease numbers [marks655]
Jan 09, 2007 (7:14 am)
Thank you marks655
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
#67 of 608 Do car dealers want to lease v/s sell?
Jan 14, 2007 (7:19 am)
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?
#68 of 608 Re: Legacy 2.5 i SE Residuals/MF's [rws0131]
Jan 22, 2007 (9:00 am)
Carman, in case the Outback is too rich for my blood, can i get the current residual and mf for the 2.5i SE wagon on either 24,36, and 42 months with 12K miles??
#69 of 608 Re: 2007 Legacy GT [plevyva]
Jan 24, 2007 (4:33 am)
Hi plevyva. I would be happy to estimate what this car's lease payment should be for you. According to my calculations, if you were to lease a 2007 Subaru Legacy GT Sedan with an MSRP of $30,303 and a selling price of $26,266 through Subaru Finance wight now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $373. I used a money factor of .00210 and a residual value of 53% to calculate this payment.
Prices Paid Forum
#70 of 608 Car_Man please look at msg 64
Jan 24, 2007 (5:10 am)
Is the lease deal I posted in msg 64 good/bad?