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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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#156 of 249
Re: 2.5i Limited lease question [liz15] by Car_man HOST
Mar 19, 2009 (2:47 am)
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Replying to: liz15 (Mar 11, 2009 3:30 am)

Hello liz15. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Outback 2.5 Limited Wagon with 15,000 miles per year are .00150 and 54%, respectively. I had to make some assumptions on the term and mileage allowance that you are interested in. Let me know if you want something different.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#157 of 249
Re: Subaru Outback 2009 Limited w/Nav Lease [valuehunter1] by Car_man HOST
Mar 19, 2009 (2:53 am)
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Replying to: valuehunter1 (Mar 18, 2009 4:20 pm)

Hi valuehunter1. The two most important factors on this lease, the selling price and money factor, look great. If you like the Outback, I personally don't see any reason not to pull the trigger on this deal.
 
Let's work up a payment for you. According to my calculations, if you were to lease a 2009 Outback Limited with Navigation that has an MSRP of $31,613 and a selling price of $26,300 right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $352.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#158 of 249
Subar Outback Rebate Questions by valuehunter1
Mar 19, 2009 (11:29 am)
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Dear Car_Man,
 
Thank you so much for your response. Your advice is golden. My question is regarding customer cash rebates vs. dealer cash. I caught the dealer in a lie trying to tell me there were no customer cash rebates. He then apologized and said that he thought it was dealer cash which would have benefitted more since it is not taxed. Is this true? Thank you!
#159 of 249
2009 Outback 2.5i Limited-Lease Numbers by maplefl
Mar 27, 2009 (9:54 am)
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This forum was a tremendous help in researching and leasing my new car. The numbers for my 2009 Subaru Outback 2.5i Limited in black with a 36 month lease with 12,000 miles per year are below. This was the best deal I found in the Southeast after negotiating with several dealers and the deal was all done via email with follow-up calls at the end:
  
MSRP: $29,412
Invoice: $27,401
Sale Price: $24,901(including $2000 cash incentive)
Total Cap Cost (including doc fee, title, license, and bank lease fee): $26,073
Residual: 55%
Money Factor: .00150
Monthly Lease: $338 ($362 with tax)
Only 1st month's lease payment up front ($362) for drive away.
#160 of 249
Re: Subaru Outback 2009 Limited w/Nav Lease by gmudude
Apr 07, 2009 (1:28 pm)
Reply

Replying to: Car_man (Mar 19, 2009 2:53 am)

Car_man hoping I can trouble you with a few quick questions:
 
I'm looking to lease something for 3 years/45k miles (15k/year). If you could share the April 2009 buy-rate residual and money factor for:
 
2009 Outback (9DH) Limited w/ Nav
2009 Outback Turbo (9DK) Limited w/ Nav
2009 Forester (9FJ) Limited w/ Nav
2009 Forester Turbo (9FO) Limited w/ Nav
 
Also curious: I had a 2004 WRX, was a 3 yr/45k balloon, and I turned it in 2007. I don't suppose I qualify for owner loyalty?
 
Thanks, and keep up the good work!
#161 of 249
Re: Subar Outback Rebate Questions [valuehunter1] by Car_man HOST
Apr 13, 2009 (3:13 am)
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Replying to: valuehunter1 (Mar 19, 2009 11:29 am)

You're very welcome, valuehunter1. Subaru is currently providing a $2,000 cash incentive on the 2008 Outback. The rules for calculating sales tax vary from state to state, but generally speaking it is true that consumers are charged sales tax on consumer cash incentives but not dealer cash. Dealer cash is looked at a dealer price adjustment rather than an award to the consumer.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#162 of 249
Re: 2009 Outback 2.5i Limited-Lease Numbers [maplefl] by Car_man HOST
Apr 13, 2009 (3:16 am)
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Replying to: maplefl (Mar 27, 2009 9:54 am)

Congratulations on getting your new Outback, maplefl. I'm glad that you found this discussion so helpful. Thanks for taking the time to give back and share the details of your deal with everyone. If you'd like, you can also hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others as well. Enjoy your new ride !
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#163 of 249
Re: Subaru Outback 2009 Limited w/Nav Lease [gmudude] by Car_man HOST
Apr 13, 2009 (3:22 am)
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Replying to: gmudude (Apr 07, 2009 1:28 pm)

I'd be happy to help you out, gmudude.
 
Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Outback Limited with Navigation and 15,000 miles per year are .00200 and 52%, respectively.
 
The numbers for an otherwise identical lease of an '09 Outback XT Limited with Navigation are .00210 and 50%.
 
The numbers for an otherwise identical lease of an '09 Forester Limited with Navigation are .00120 and 53%.
 
Lastly, the numbers for the ;09 Forester Turbo Limited with Navigation are .00120 and 54%.
 
When negotiating your lease on the Outback, make sure to take advantage of the $2,000 cash incentive that is currently available on it. Subaru is not providing any cash on the 2009 Forester right now. It doesn't need to, Forester sales have been on fire lately.
 
I doubt that the fact that you leased a Subaru in 2007 makes you eligible for any available loyalty incentives.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#164 of 249
2009 Subaru Outback 2.5i SE $201/mo 15Kmi 270 drive off by johnuser17
Apr 18, 2009 (12:19 pm)
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I have used this board for years but this is my first post. Just got a 2009 Outback 2.5i SE on a 36 month lease, 15K miles/year with 270 drive off
 
Details:
 
MSRP: 27,754
Sale price: 19,600 ( 19,000 + 600 bank aq. fee)
Residual : 14820(54%)
Disposition fee: $300
15 cents over 15Kmi/yr
Subaru Motors Finance ( Chase)
 
Drive off : registration (CA)+$45doc+$8 tire fee?+ $4tax)= $270
 
I was kinda amazed I got this deal so I wanted to post it. The one thing that was very weird was when they pulled my FICO it came up below 700 using Experian Auto Fico II so the money factor was .002 not .00175
 
Carman, any idea how I was able to get such a huge discount? ( 27,754-19,000=8,754) I don't even see these cars advertised in So. Cal for less than 21,700. It is kinda bugging me that don't know how they got to such a low price. I though maybe it was an open ended lease but the paper work is standard SMF. There is a disposition fee of $300 at lease end to turn in the car and
 
I am in Northern CA.
#165 of 249
Re: 2009 Subaru Outback 2.5i SE $201/mo 15Kmi 270 drive off [johnuser17] by chuck68516
Apr 18, 2009 (5:00 pm)
Reply

Replying to: johnuser17 (Apr 18, 2009 12:19 pm)

I had a quote for around $19,000 on a Special Edition lease back in January. Having said that I don't believe you got the deal you claim.
 
1. An Outback Special Edition doesn't MSRP for $27,754. It would literally have to have every accessory known to Subaru and still would be $1,500 short of that price.
 
2. Your residual of $14,820 is 53.39%, not 54% but either way the actual residual value of an SE 36 month, 15K per year is 53.0%.
 
3. How did you get out of paying your first monthly payment? Normally you have to put down at least $500 in order to do that.
 
4. Using the numbers you posted your payment would be around $221 not $201.
 
What dealer did you go through? Salesman?

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