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Subaru Outback Lease Questions

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

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

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#213 of 249 Re: 2010 Outback 2.5i premium [hmansell] by nualakerr1 Sep 15, 2009 (1:27 pm)
Replying to: hmansell (Sep 15, 2009 12:52 pm) Thanks for your information. Good to know! I forwarded your response to my salesman at Subaru! I will be in the market to lease in November so with a bit of luck there will be better incentives or promotions towards the end of the year. Your quote was only $15 more for tons of extra bells and whistles.
#214 of 249 Re: 2010 Outback 2.5i premium [eps105] by hmansell Sep 15, 2009 (2:01 pm)
Replying to: eps105 (Sep 15, 2009 1:27 pm) Agreed - the money factor and residual value are set by Subaru Finance and are not great, but not bad either. They may get better as post-clunkers supply cranks up. The other way of providing lease support is a rebate, which is essentially a discount on the negotiated price that the dealer doesn't have to eat.   Last week Subaru were advertising a special on the base model which required the dealer to "contribute" (i.e. discount) about $1500 but they don't seem to be advertising that any more.   Aside from that the only thing you can really negotiate is the price, and you should be able to get something reasonably close (within a few hundred bucks) to invoice price providing there is good supply. A dishonest dealer could inflate the monthly amounts beyond the standard Subaru lease by padding things. It's important to look at the MSRP, negotiated price, residual value (which is a percentage of MSRP, as defined by Subaru finance) and money factor and make sure nothing has been added. If something smells wrong you should double-check using lease calculators available on the web.   I didn't have to work hard to get this deal - I just asked for a discount and that is basically what they gave me. They were pretty reasonable and open and honest, so I would recommend them from that point of view. The dealer was Rye Ford Subaru in Rye, NY.
#215 of 249 Re: Advice on 2010 on order [eps105] by Car_man HOST Sep 23, 2009 (1:50 am)
Replying to: eps105 (Sep 07, 2009 5:16 pm) Hi Elliot. The VIP program, huh? You've got connections. Nice. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Outback 3.6R Limited with 12,000 miles per year are .00190 and 54%, respectively. The numbers for an otherwise identical 39 month lease are .00190 and 52%.   If you were to lease with only 10,000 miles per year, the above residual values would be 1% higher.   You are correct, vehicles dollar residual values are calculated by taking a percentage of their full MSRPs, including any options that can be residualized and the destination charge.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: eps105 (Sep 23, 2009 5:41 am) Car_man (Oct 14, 2009 2:06 am)
#216 of 249 Re: Subaru Lease Buyout [vserena] by Car_man HOST Sep 23, 2009 (2:00 am)
Replying to: vserena (Sep 08, 2009 8:15 am) Hi vserena. By 7.9% with a 4.27% "Add On" did you mean that the dealer is trying to charge you a 12%+ interest rate to finance the buyout of your leased Outback? If so, that's a terrible interest rate unless your credit is in really bad shape. The 7.9% rate is about right for a used vehicle in today's market. What's the whole "Add On" business about? If the dealer insists on charging it, you may want to shop around on your own with a few banks and get pre-approved to finance your car on your own. There's lots of banks and credit unions out there that will finance used vehicle purchases.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: chuck68516 (Oct 07, 2009 1:44 pm) sodapop3 (Oct 07, 2009 2:09 pm) Car_man (Oct 14, 2009 2:14 am)
#217 of 249 Re: Advice on 2010 on order [Car_man] by eps105 Sep 23, 2009 (5:41 am)
Replying to: Car_man (Sep 23, 2009 1:50 am) Car_man, thanks for your response. Much appreciated!   Yes, I was able to use the VIP program which is an employee benefit through my wife's company. It made it easy to avoid haggling, but I've been reading plenty of posts where people are buying Outbacks for $200 - $500 UNDER invoice without the VIP Program, so ya never know...   Anyway, I have one other quick question. At this time, I am leaning towards buying instead of leasing. Here in the Mid-Atlantic region, we have 3.9% financing up to 63 months for the Outback, IIRC.   I am scheduled to take delivery on Oct 3 if my Outback shows up on time, and my dealer says he is highly confident that the 3.9% rate will roll over into October without interruption. I thought that monthly incentives usually aren't announced until the 4th or 5th of each month, but he reiterated I should be fine with the 3.9% on October 3.   Would you care to comment on that as a second opinion? Any additional insight on Chase/Subaru rates for October?   Thanks in advance for any advice!!   Elliot Replies to this message: Car_man (Oct 14, 2009 2:06 am)
#218 of 249 2010 Outback by sodapop3 Sep 28, 2009 (4:55 am)
MSRP $36,232, cap cost $33,942, drive off $1041 inc. 1st month and license, money factor .00190, residual $19,565, 36 month/12k miles $505.31 plus tax. I am in Dublin, CA, quote from Livermore Subaru. Feedback would be appreciated. Looking to lease since I tend to turnover cars every three years. thanks Replies to this message: djhalptert (Sep 30, 2009 7:34 pm)
#219 of 249 Re: 2010 Outback [sodapop3] by djhalptert Sep 30, 2009 (7:34 pm)
Replying to: sodapop3 (Sep 28, 2009 4:55 am) The numbers add up okay, my question is why would you lease an Outback for over $500 a month with $1K down? I know it's got to be the 3.6R but still. I don't get it. I would wait until at least Jan, Feb, Mar. The lease numbers will get better as the vehicles sit on the lots. No one should pay that on a lease. You could buy it for $550 or less.
#220 of 249 October pricing? by cdnj1 Oct 03, 2009 (7:57 am)
Hi, I just made the last payment on my existing lease and will need to get into a new vehicle this month.   Carman - do you have the new MFs and Residuals for October yet?   I'm looking for Outback 2.5 Limited for 36 months at either 12k or 15k per year. Can you provide these numbers?   Thanks, chris Replies to this message: bigdadi118 (Oct 03, 2009 7:31 pm) Car_man (Oct 14, 2009 2:08 am)
#221 of 249 Re: October pricing? [cdnj1] by bigdadi118 Oct 03, 2009 (7:31 pm)
Replying to: cdnj1 (Oct 03, 2009 7:57 am) I think you can extend your lease in monthly basis so allow you more time to find a good deal.
#222 of 249 2010 Subaru Outback 2.5i Premium by djhalptert Oct 04, 2009 (4:54 pm)
Car_man,   Do you know the lease numbers on the 2010 Subaru Outback 2.5i Premium, 36 moths, 10,000 miles per year? Also, if you can provide the 3.6R base that would be great. Thanks. Replies to this message: Car_man (Oct 14, 2009 2:11 am)

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