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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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#92 of 382
2008 Subuaru Legacy GT by scoobysubi
Aug 08, 2007 (2:24 pm)
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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!
 
#93 of 382
Re: 2008 Subuaru Legacy GT [scoobysubi] by Car_man HOST
Sep 17, 2007 (3:34 am)
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Replying to: scoobysubi (Aug 08, 2007 2:24 pm)

Aloha scoobysubi. I'm glad that you enjoy these discussions so much. I see that you are considering making a very large down payment on your lease. I always advise consumers not to make any sort of capitalized cost reduction on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered.
 
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
#95 of 382
RE: 2008 Legacy 3.0 limited by backcourt
Sep 18, 2007 (9:23 am)
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can you tell me the money factor and resid% on a 36 and 39 month lease, 15K/year, for Sept.
 
Thanks
#96 of 382
2008 Legacy 2.5i Special Edition by subaru25
Sep 19, 2007 (6:25 am)
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Hello,
 
Can anyone tell me the current (Sept) Money Factor and residual on a 2008 Legacy 2.5i Special Edition (auto) 24 Months, 12k miles?
 
Central New York area...
 
Thanks in Advance!!
Great Forum!
#97 of 382
2008 legacy 2.5i limited by disney2
Oct 15, 2007 (12:13 pm)
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looking for the money factor and residual on 2008 Legacy 2.5i limited for Oct in New Jersey. Thanks.
#98 of 382
how am i doing? legacy 2.5i limited by disney2
Oct 18, 2007 (8:39 am)
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legacy 2.5i limited. msrp 25240. price 22300. 36 mo. 10 k miles. 350/mo tax included. pay 1140 (1st mo, mv, doc fee, destination?) to drive off. New Jersey Thanks.
#99 of 382
hello, anybody out there? Car man...help please by disney2
Oct 18, 2007 (12:52 pm)
Reply
Legacy 2.5i limited another offer: msrp 24940, price 23075
24 mon lease 10k miles, 339.5 with tax in payment. Total out of pocket 1189 includes first month, mv, doc fee, etc? New Jersey
 
Am I the only one checking this forum or is nobody else buying this car?
 
Thanks.
#100 of 382
Re: hello, anybody out there? Car man...help please [disney2] by newsuvbuyer
Oct 19, 2007 (9:46 am)
Reply

Replying to: disney2 (Oct 18, 2007 12:52 pm)

I just got a 2008 Legacy 2.5i LTD with VDC for $268.80/month. 24 months, 10k per year. Total out of pocket of approx $1,500 (1st month payment, tax, title and bank fee). Did I get a good deal?
#101 of 382
Re: hello, anybody out there? Car man...help please [newsuvbuyer] by disney2
Oct 19, 2007 (4:59 pm)
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Replying to: newsuvbuyer (Oct 19, 2007 9:46 am)

newsuvbuyer--where are you located? Can you please tell me the msrp and the selling price? Your price is sooo much lower than mine! Thanks

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