- #114 of 249
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Re: Residuals for 2008 / 2008 outback [Car_man]
by storrnyc
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Sep 14, 2008 (7:57 pm)
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Replying to: Car_man (Aug 13, 2008 2:46 am)
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?
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- #115 of 249
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Re: Residuals for 2008 / 2008 outback [storrnyc]
by dino001
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Sep 15, 2008 (4:29 am)
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Replying to: storrnyc (Sep 14, 2008 7:57 pm)
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.
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- #116 of 249
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2009 outback limited
by robertwagner
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Sep 22, 2008 (11:59 am)
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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.
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- #117 of 249
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2008/2009 Outback 2.5XT/3.0R w/o Nav
by brnhrnt
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Oct 19, 2008 (7:55 pm)
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Car Man,
I was wondering if you had current figures for MF/RV for the above models?
Thank you in advance!
BrnHrnt
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- #118 of 249
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2008/2009 Outback 2.5XT/3.0R w/o Nav
by brnhrnt
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Oct 20, 2008 (5:41 am)
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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
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- #119 of 249
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2008/2009 Outback 2.5XT/3.0R w/o Nav
by brnhrnt
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Oct 20, 2008 (8:29 am)
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CM,
Last info. I'm looking 10,000 mile leases. (Don't use it to commute)
BrnHrnt
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- #120 of 249
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Re: 2008/2009 Outback 2.5XT/3.0R w/o Nav [brnhrnt]
by Car_man HOST
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Oct 23, 2008 (3:21 pm)
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Replying to: brnhrnt (Oct 19, 2008 7:55 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
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #121 of 249
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Re: 2008/2009 Outback 2.5XT/3.0R w/o Nav [Car_man]
by brnhrnt
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Oct 24, 2008 (9:25 am)
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Replying to: Car_man (Oct 23, 2008 3:21 pm)
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
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- #122 of 249
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Re: 2008/2009 Outback 2.5XT/3.0R w/o Nav [brnhrnt]
by Car_man HOST
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Oct 27, 2008 (4:54 pm)
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Replying to: brnhrnt (Oct 24, 2008 9:25 am)
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
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #123 of 249
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Re: 2008/2009 Outback 2.5XT/3.0R w/o Nav [Car_man]
by brnhrnt
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Oct 28, 2008 (1:39 pm)
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Replying to: Car_man (Oct 27, 2008 4:54 pm)
Sound advice! Thanks again. I will post the details if I close a deal.
BrnHrnt
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