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Subaru Legacy Lease Questions

382 messages,  Last post on Nov 24, 2009 at 4:50 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Subaru Legacy, Car Leasing, Sedan, Wagon



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#63 of 382
Re: 2007 Legacy GT [plevyva] by plevyva
Dec 28, 2006 (10:14 am)
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Replying to: plevyva (Dec 27, 2006 6:28 pm)

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?
 
Thanks
#64 of 382
Re: Help with lease numbers [Car_man] by retiredguy
Jan 07, 2007 (8:36 am)
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Replying to: Car_man (Dec 14, 2006 4:35 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 382
Re: Help with lease numbers [retiredguy] by marks655
Jan 07, 2007 (11:29 am)
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Replying to: retiredguy (Jan 07, 2007 8:36 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 382
Re: Help with lease numbers [marks655] by retiredguy
Jan 09, 2007 (7:14 am)
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Replying to: marks655 (Jan 07, 2007 11:29 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 382
Do car dealers want to lease v/s sell? by retiredguy
Jan 14, 2007 (7:19 am)
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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?
#68 of 382
Re: Legacy 2.5 i SE Residuals/MF's [rws0131] by ajfitzer
Jan 22, 2007 (9:00 am)
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Replying to: rws0131 (Jan 05, 2006 6:46 pm)

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??
 
Thanks again!
 
ajfitz
#69 of 382
Re: 2007 Legacy GT [plevyva] by Car_man HOST
Jan 24, 2007 (4:33 am)
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Replying to: plevyva (Dec 27, 2006 6:28 pm)

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.
 
Car_man
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#70 of 382
Car_Man please look at msg 64 by retiredguy
Jan 24, 2007 (5:10 am)
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Is the lease deal I posted in msg 64 good/bad?
 
TIA
#71 of 382
Re: Help with lease numbers [retiredguy] by Car_man HOST
Jan 25, 2007 (2:42 am)
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Replying to: retiredguy (Jan 07, 2007 8:36 am)

Hi retiredguy. Since this is your first time 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.
 
You seem to have a good grasp of what information to gather about the vehicle that you want to lease. The two most important numbers to focus on are its selling price and its money factor. You were quoted around a $2,000 discount on this car. When the $750 lease cash that is currently available on it is backed out, this is a $1,250 discount. A base 2007 Legacy has a spread of around $1,150 between its full MSRP and dealer invoice price, so the price that you were quoted looks good to me. The money factor looks a little high though. The last time I saw Subaru's buy rate lease money factor and residual value for a 42 month lease of a 2007 Subaru Legacy 2.5i Special Edition Sedan they were .00210 and 49% with 15,000 miles per year.
 
Car_man
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Prices Paid Forum
#72 of 382
Re: Legacy 2.5 i SE Residuals/MF's [ajfitzer] by Car_man HOST
Jan 25, 2007 (2:46 am)
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Replying to: ajfitzer (Jan 22, 2007 9:00 am)

Here you go, ajfitz. Subaru's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Legacy 2.5i Sedan Special Edition with 12,000 miles per year are .00270 and 69%, respectively. The numbers for an otherwise identical 36 month lease are .00230 and 55%. Its 42 month numbers are .00210 and 51%. When negotiating your lease on this model, make sure to take the $750 lease cash that is currently available on it into account.
 
Car_man
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