538 messages,
Last post on Apr 18, 2013 at 9:53 AM
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Subaru Outback, Car Leasing, Sedan, Wagon
#113 of 538 Re: Residuals for 2008 / 2008 outback [hduty]
by Car_man HOST
Aug 13, 2008 (3:46 am)
Here's the information that you're looking for, hduty. Subaru Finance's current buy rate lease money factor and residual value for a 2008 Subaru Outback Wagon 2.5i with 15,000 miles per year are .00100 and 52%, respectively. The numbers for an otherwise identical lease of an '08 Outback Wagon Limited are .00105 and 53%. The '08 Outback Wagon XT numbers are .00120 and 50%.
On the 2009 model, the 2.5i numbers are .00220 / 57%, the Limited numbers are .00220 / 56%, and the XT numbers are .00220 and 50%.
Car_man
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#114 of 538 Re: Residuals for 2008 / 2008 outback [Car_man]
by storrnyc
Sep 14, 2008 (8:57 pm)
I was originally looking for a used 06 or 07 XT outback and the wife was wondering about leasing a new one for 3 yrs. Im shocked how different the XT residual is compared to the normal 2.5i or limited. I assume their is a thread here about that and why its so different?
#115 of 538 Re: Residuals for 2008 / 2008 outback [storrnyc]
by dino001
Sep 15, 2008 (5:29 am)
It has to do with both real values (after 3 years) and level of support by the mfr. XT is a low-demand AND low-supply model, which means they sell them only to those who really want them and there is not much demand for it on the used car market (high price, low gas mileage, etc.), which pushes residuals down vs. popular 2.5i. I'm not blaming Subaru for not wanting to support them as much as 2.5i. Keep in mind that even the same percentage translates to more money, as XT is significantly more expensive.
Sep 22, 2008 (12:59 pm)
Hello,
I am getting ready to finalize a lease on a 2009 Outback 2.5 Limited. The terms of the lease are as follows:
1. 36 month
2. 10K miles per year
3. Total of $1000.00 out of pocket including tax, tags, etc...
4. Monthly payment including tax is $361.00 per month
Am I getting a good deal? They say I am getting the car for $26,000.00
All feedback would be greatly appreciated.
#117 of 538 2008/2009 Outback 2.5XT/3.0R w/o Nav
by brnhrnt
Oct 19, 2008 (8:55 pm)
Car Man,
I was wondering if you had current figures for MF/RV for the above models?
Thank you in advance!
BrnHrnt
#118 of 538 2008/2009 Outback 2.5XT/3.0R w/o Nav
by brnhrnt
Oct 20, 2008 (6:41 am)
Car Man,
I'm sorry, I probably should give you some more info. I'm in the Tri-State area so I have access to Subaru of New England and NY/NJ rates. Also, do you have any idea about dealer incentives currently? I can pull the trigger now on the right deal but I'll wait if it looks like better deals coming down the pipe.
Let it snow!!!
BrnHrnt
#119 of 538 2008/2009 Outback 2.5XT/3.0R w/o Nav
by brnhrnt
Oct 20, 2008 (9:29 am)
CM,
Last info. I'm looking
10,000 mile leases. (Don't use it to commute)
BrnHrnt
#120 of 538 Re: 2008/2009 Outback 2.5XT/3.0R w/o Nav [brnhrnt]
by Car_man HOST
Oct 23, 2008 (4:21 pm)
I sure do, brnhrnt. According to the latest information that I have seen, Subaru's buy rate lease money factor and residual value for a 36 month lease of a 2008 Outback 2.5 XT without navigation with 15,000 miles per year are .00120 and 48%, respectively. The numbers for an otherwise identical lease of an '09 model are .00200 and 54%, respectively.
The numbers for the Outback 3.0R are .00120 / 52% on the 2008 model and .00200 / 55% on the 2009 model.
When negotiating your lease on these cars, make sure to take advantage of the $1,500 lease cash that is available on the 2008 model and $500 that is available on the 2009 model.
Car_man
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#121 of 538 Re: 2008/2009 Outback 2.5XT/3.0R w/o Nav [Car_man]
by brnhrnt
Oct 24, 2008 (10:25 am)
Thanks Car_Man! Do you think there's any benefit to waiting for 11/3 (current incentives expire)? The economy's not looking too hot. Do you think they'll dangle a bigger carrot? How much below invoice do you think '08's should trade for at this point?
BrnHrnt
#122 of 538 Re: 2008/2009 Outback 2.5XT/3.0R w/o Nav [brnhrnt]
by Car_man HOST
Oct 27, 2008 (5:54 pm)
You're very welcome, BrnHrnt. It is always difficult to say what manufacturers' future incentives programs will look like. If you want to lease a 2008 model, the current program might be as good as it is going to get. At some point late in the model year manufacturers usually pull the plug on their lease support for leftover vehicles as it becomes too expensive to provide reasonable payments on them. If you want an '09 model on the other hand, there is a very good chance that the lease program will get better. Again though, it is always difficult to predict exactly what will happen with 100% accuracy.
Car_man
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