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Subaru Outback Lease Questions

249 messages,  Last post on Nov 25, 2009 at 8:55 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Subaru Outback, Car Leasing, Sedan, Wagon



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#133 of 249
09 Outback 3.0R w/ Nav by jacknsa
Nov 18, 2008 (2:32 pm)
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MSRP comes to $35,340 dealer quoted $31,900. Good deal?
 
Some confusion about homelink option. Subaru site (and edmunds) lists it at $75 but dealer says its more (I forgot price but something over $150). Can you help me reconcile this detail?
 
Also he quoted a 36 month lease of $549 ( 10,000 miles, includes NY taxes - 8.375). That seems high. What are current factor, residual for that car?
 
TIA
 
Jack
#134 of 249
Re: 09 Outback 3.0R w/ Nav [jacknsa] by Car_man HOST
Nov 19, 2008 (5:46 pm)
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Replying to: jacknsa (Nov 18, 2008 2:32 pm)

Hi Jack. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Outback 3.0R with Navigation and 10,000 miles per year are .00200 and 56%, respectively.
 
The Outback that you are interested in probably has a spread of around $2,300 between its full MSRP and its dealer invoice price. Add to this $1,500 customer cash and you have a total of around $3,800 to play with in your negotiations. That puts the $3,340 discount that you were quoted at around $500 or so over invoice, give or take a couple of bucks. That is a good selling price.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#135 of 249
Re: 09 Outback 2.5i Limited rates [Car_man] by dtmcgarry
Nov 25, 2008 (1:23 am)
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Replying to: Car_man (Nov 12, 2008 4:17 am)

I ended up purchasing, for $24,500 (inc. dest, not inc. tax). With a little more patience, I think I could have chopped a bit more off the price, too.
 
I'm happy with it, it's a great car so far!
#136 of 249
2009 Outback - Limited by ttg911
Dec 02, 2008 (7:37 am)
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Hi,
 
Does anyone know what the new (December 2nd to EOY) lease money factor and residual values for a 24/36 month lease w/o Navi and 15,000 miles per year are?
 
Thanks.
#137 of 249
Re: 09 Outback 2.5i Limited rates [dtmcgarry] by Car_man HOST
Dec 11, 2008 (3:45 am)
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Replying to: dtmcgarry (Nov 25, 2008 1:23 am)

Congrats on your new Outback, dtmcgarry. Thanks for taking the time to stop back and let us all know how everything turned out. If you'd like, you can hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience there as well. Enjoy your new ride !
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#138 of 249
Re: 2009 Outback - Limited [ttg911] by Car_man HOST
Dec 11, 2008 (3:48 am)
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Replying to: ttg911 (Dec 02, 2008 7:37 am)

Hi ttg911. I've seen Subaru's new lease program and I'd be happy to help you out, Its current buy rate lease money factor and residual value for a 24 month lease of a 2009 Outback Limited without navigation with 15,000 miles per year are .00280 and 63%. The numbers for an otherwise identical 36 month lease are a much more palatable .00190 and 56%.
 
When negotiating your lease on this vehicle, make sure to take the $1,500 cash incentive that Subaru is providing on it into account. You should easily be able to get it for under dealer invoice after taking this cash into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#139 of 249
Current Lease Numbers by djhalptert
Jan 03, 2009 (10:02 am)
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Car_Man,
 
What are the current numbers for a 2009 Outback 2.5i base, Special Edition, Limited trims on a 36 month, 10,000 mile per year lease? Are the numbers different per trim level on the 2.5i? Thanks.
#140 of 249
Re: Current Lease Numbers [djhalptert] by Car_man HOST
Jan 12, 2009 (2:59 am)
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Replying to: djhalptert (Jan 03, 2009 10:02 am)

Hey djhalptert. Subaru's January buy rate lease money factor and residual value for a base 2009 Outback 2.5i with 10,000 miles per year are .00170 and 56%, respectively. The numbers for an otherwise identical lease of an '09 Outback 2.5i Limited are .00170 and 57%.
 
When negotiating your lease on this model, make sure to take advantage of the $1,500 cash incentive that Subaru is providing on it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#141 of 249
Balloon Payment by billyk1
Jan 29, 2009 (5:04 pm)
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Hey Car Man, fellow subie owners. I have a balloon payment option coming up in mid February for 15800 on a 05 LLBean. The rep at Subaru financial told me that they do not make deals at all on balloon payments. They would rather send it to auction. Does anyone know this to be true. Car is fantastic, only 39k miles. I'm seeing a lot of outbacks on return at the dealerships (my dealer has 20) and with the new model coming out later this year, I feel like the bottom is going to drop out of this car (value wise) rather quickly. Any guidance or perspective would be greatly appreciated.
#142 of 249
Re: Balloon Payment [billyk1] by Car_man HOST
Feb 12, 2009 (4:27 am)
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Replying to: billyk1 (Jan 29, 2009 5:04 pm)

Hi billyk1. More often than not banks will not negotiate the end of term purchase prices of vehicles. Having said this, if you really want to buy your leased or balloon-noted (is that a word ) vehicle, you should always try to negotiate its price. You don't have anything to lose by trying.
 
Don't even bother to involve the dealer. Place a call directly to the bank that you are leasing or balloon-noting your vehicle through (with a Subaru, this is most likely Chase) and see if they are willing to work with you. Again, most likely they won't, but its worth a shot. If your initial contact there is unwilling to negotiate, try working your way up the ladder to some sort of manager. People occasionally have better luck there.
 
Good luck and make sure to stop back and let us all know how everything turns out.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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