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Subaru Legacy Lease Questions

378 messages,  Last post on Nov 01, 2009 at 12:31 PM

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

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#67 of 378 Do car dealers want to lease v/s sell? by retiredguy 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 378 Re: Legacy 2.5 i SE Residuals/MF's [rws0131] by ajfitzer Jan 22, 2007 (9:00 am)
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 Replies to this message: Car_man (Jan 25, 2007 2:46 am)
#69 of 378 Re: 2007 Legacy GT [plevyva] by Car_man HOST Jan 24, 2007 (4:33 am)
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 Host Prices Paid Forum
#70 of 378 Car_Man please look at msg 64 by retiredguy Jan 24, 2007 (5:10 am)
Is the lease deal I posted in msg 64 good/bad?   TIA
#71 of 378 Re: Help with lease numbers [retiredguy] by Car_man HOST Jan 25, 2007 (2:42 am)
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 Host Prices Paid Forum
#72 of 378 Re: Legacy 2.5 i SE Residuals/MF's [ajfitzer] by Car_man HOST Jan 25, 2007 (2:46 am)
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 Host Prices Paid Forum
#73 of 378 current 07 subaru legacy lease information help by jhall111 Mar 18, 2007 (7:26 am)
Hi Car man-   I'm new to these forums. What a nice resource! I'm impressed with the amount of information that is available here.   I'm looking at a leasing a 2007 Legacy Special Edition 2.5i sedan within about 3 months. I'm looking at either a 24 or 36 month lease with 12K per year. Here are the details on the specific deal I'm looking at:   MSRP $23,430 (options are auto. transmission, armrest extension, auto dimming mirror/compass, all weather mats, and spoiler)   My questions are: 1. What are the current residuals for 24 and 36 months? 2. What are the current money factors used for 24 and 36 months? 3. What should be a reasonable negotiated discount? (I haven't yet made a visit to my salesperson.) Carsdirect.com is saying about 1,100-1,200 off of msrp for my area (western NY). 4. Are there any lease cash or lease rebates? 5. Do you anticipate any changes in Subaru's programs over the course of the next 3 months?   Thanks for your help with these questions. Joe Replies to this message: Car_man (Mar 21, 2007 2:21 am)
#74 of 378 Re: current 07 subaru legacy lease information help [jhall111] by Car_man HOST Mar 21, 2007 (2:21 am)
Replying to: jhall111 (Mar 18, 2007 7:26 am) Welcome Joe. Thanks. Subaru Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Subaru Legacy 2.5i Special Edition Sedan with 12,000 miles per year are .00225 and 69%, respectively. The numbers for an otherwise identical 36 month lease are .00230 and 55%, respectively. When negotiating your lease on this car, make sure to take advantage of the $750 lease cash that is currently available on it. This cash will help you to negotiate an attractive capitalized cost.   If I was in the market for this car, I personally would shoot for a selling price that's $500 or so over dealer invoice before the subtraction of the $750 incentive, which would put you at around $250 under invoice after the cash is taken into account. Make sure to stop by the following discussion to see how much other community members have paid for similar vehicles lately: "Subaru Legacy: Prices Paid & Buying Experience".   Subaru's current cash incentives and lease program is scheduled to run through April 2nd. Unfortunately, it is difficult to say what its new April program will be like at this point.   Car_man Host Prices Paid Forum
#75 of 378 Good Deal? by nickc3 Mar 23, 2007 (5:26 am)
I was quoted for a Legacy Special Edition Base Model, Auto:   36 months, 15K Miles/Per year: 318/Month $680 Due at signing + Reg fees   24 Months: $300/Month $680 Due at Signing + DMV Fees   Dealer also stated he would extend warranty if we took 36 months.   I'm getting this through the "VIP" program discount I get through work...   Sounds like a fair deal? Replies to this message: nickc3 (Mar 25, 2007 5:00 am) Car_man (Apr 25, 2007 1:44 am)
#76 of 378 Re: Good Deal? [nickc3] by nickc3 Mar 25, 2007 (5:00 am)
Replying to: nickc3 (Mar 23, 2007 5:26 am) Well, I had 2 dealers fighting over my deal...I ended up getting:   Due at signing: $595 Bank fee $90 document fee DMV Fees   36 Months 15K Miles/Year Leasecare Warranty   $279/Month.   Outrageous......I told dealer (kidding) that I would take 2 at that price!

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