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Prices Paid: Buying & Leasing Experiences 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
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Is the lease deal I posted in msg 64 good/bad? TIA |
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Replying to: retiredguy (Jan 07, 2007 8:36 am) 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 |
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Replying to: ajfitzer (Jan 22, 2007 9:00 am) Car_man Host Prices Paid Forum |
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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
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Replying to: jhall111 (Mar 18, 2007 7:26 am) 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 |
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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?
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Replying to: nickc3 (Mar 23, 2007 5:26 am) 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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This is my first time leasing and I was hoping you could let me know if I have a good deal. 2.5i Limited Sedan The Price I Received $24,065 Residual Value 68% Money Factor - Dealer told me 5% and change 24 Months Sales Tax 7% 12,000 miles Lease Price with tax $337.15 No money down, but they want me to pay $695 plus registration fee. What is the $695 for? What do you think? The dealer told me that it would cost more for me to lease at 36 months because of the program.
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Hi, I just leased an 07 Legacy special edition w/automatic for $274 with $0 down and paid about $210 for registration and fees at signing. 42months/12k miles per year. With tax the payment comes out to $298 I believe. The car is only about two months old. I just checked the buyout price and saw that it was $17,800. When I do the calculations, buying the car with about $3000 down would make my payment very similar to the lease. Is it worth pursuing or should I wait to the end of the lease?
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Hi, I'm planning on leasing a 2007 Subaru Legacy 2.5i SE Sedan. However I'm not sure if me being unemployed (since I am a full time medical student) would affect my chances of getting a good deal on a lease. I have been in contact with Lynnes Subaru in Northern NJ and I have been told that the lease rates for the Legacy 2.5 SE and GT would be the following: $275/month sign and drive for 36 months 12K miles/yr or $179/month with $2594 due at signing for 36 months 12K miles/yr both for Tier 1 and 2 credit. I jst checked my 3-bureau credit report today and my FICO score ranges from 680-699. I would really appreciate it if you can give me some rough numbers as to what i would most likely qualify for considering my credit score and being a full time student. Thanks.
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