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Prices Paid: Buying & Leasing Experiences Subaru Legacy Lease Questions
157 messages, Last post on Jun 23, 2008 at 9:27 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Aug 31, 2005 5:21 pm) Thanks for sharing experience. Regards, Annie on Nantucket
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Replying to: nantucat (Jul 07, 2007 8:52 am) |
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Replying to: Car_man (Sep 21, 2005 4:15 am)
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Car Man, Do you know what the July residual value and money factor are on a 2008 Legacy GT and Legacy GT spec.b. I was recently quoted 56% and .0026 (GT) and 50% and .0026 (spec.b). These were for 36 months and 10,000 miles a year. Do these sound right?
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Replying to: ericmd (Jul 17, 2007 7:20 pm) MF: .00185 (4.44%) RESIDUAL: 49% This is for 36 months / 15,000 miles
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Replying to: fuzzynips (Jul 26, 2007 4:44 pm)
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Replying to: ericmd (Jul 27, 2007 7:22 am) Dealer #1: Residual: 49% Money Factor: .00185 Dealer #2: Residual: 54% Money Factor: .00310 As you can see, there is quite a big difference in both numbers. I am planning on test driving the vehicle tomorrow at a different dealership and seeing what they can do. If they won't match the numbers then I'm off to Dealer #1 to make the purchase/lease. |
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Replying to: rudi2 (Jul 11, 2007 1:29 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hello everyone! First let me say what a great resource this board and site are! I'm looking to lease my first car and this site has been invaluable in teaching me the benefits of leasing a Legacy. I'm currently looking at a: 2008 Subaru Legacy GT -Auto Trans -Spoiler -XM Radio -Armrest extenders -Splash Guards, etc (Only thing the dealership has so I'll deal with it) I was quoted a "sticker price" of ~$31k from Doug Smith Subaru in American Fork, UT from Dempfey Bowling. For a 36month/15k lease the numbers were: Residual: 54% Money Factor: .00260 For a 36month/12k lease: Residual: 55% Money Factor: .00260 We've got about 10k to throw down, but ideally we want to throw down 4k at signing and then try to keep the monthly payments including tax below $400 (allowing our first 15 months to be "paid for" with the remaining 6k, while building up for the remaining 21 months) Is this a good deal? I don't really have my heart set on this car, really I'd be happy with a 2.5i Limited Edition as the major factors in getting a car are that it have: AWD, Leather, and be Automatic Transmission. For me a lease is ideal just because I live in Hawaii but will be attending school on the mainland for at least the next 3 years, but I have no idea if Ill be returning to the island or sticking on the mainland (and shipping a car here is a pain!) Thanks for your time! 
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Replying to: scoobysubi (Aug 08, 2007 3:24 pm) In your post you mentioned that this car has a sticker price of around $31,000, but you never mentioned its selling price. Remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash or financing. Make sure that you are being given a discount on this car. You should stop by the "Subaru Legacy Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar vehicles lately. Subaru's September buy rate lease money factor and residual value for a 36 month lease of a 2008 Legacy GT Sedan Limited with 12,000 miles per year are .00240 and 54%, respectively. Let me know if you have any other questions. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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