538 messages,
Last post on Apr 18, 2013 at 9:53 AM
You are in the
Prices Paid - Buying & Leasing Experiences Forum.
What is this discussion about?
Subaru Outback, Car Leasing, Sedan, Wagon
#453 of 538 Lease offer with MF that seems off
by samny1
Oct 23, 2011 (10:13 am)
Hi All,
Yesterday I was quoted the following on a 2012 Subaru Outback 3.6R Limited with the only extra being auto-dimming mirror with homelink:
I told I wanted to put no money down
Negotiated Price including mirror, taxes, tags, and dest.: 31581
Taxes are 8.35%
36 month lease at 15k miles/yr = $642.75/month
Money Factor = 0.00315
Residual Value = They wouldn't tell me
Is that MF absurd or am I wrong?
Has anyone gotten a residual value on this model because they wouldn't give me that number.
Thanks,
Stephen
#454 of 538 Re: Lease offer with MF that seems off [samny1]
by kiltman
Oct 23, 2011 (12:56 pm)
Is that
$29k selling price before taxes, etc? If so, that is about a 38% residual which is horrible.
You would have a payment of $477 if buying at 2.9% for 6 years.
I'd say look at another dealership
#455 of 538 Re: Lease offer with MF that seems off [kiltman]
by samny1
Oct 23, 2011 (5:42 pm)
Selling price was $30,906 and MSRP is $32,690.
I was amazed by the offer and I will be getting my car from another dealership.
Stephen
#456 of 538 Re: 2012 Outback lease rates [jrseattle]
by Car_man HOST
Oct 26, 2011 (3:31 pm)
Here you go jrseattle. Subaru's October buy rate lease money factor and residual value for a 36-month lease of a 2012 Outback 3.6 Limited with 15,000 miles per year are .00180 and 55%, respectively for consumers who qualify for its top credit tier.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#457 of 538 Re: 2012 Outback Lease info [quantifire]
by Car_man HOST
Oct 26, 2011 (3:34 pm)
Greetings quantifire. Subaru's October buy rate lease money factor and residual value for a 24-month lease of a 2012 Outback 2.5i Premium with 15,000 miles per year are .00330 and 65%, respectively.
As you can see, the numbers for 2 year leases of this car are not very attractive. You would be much better off going with a 36-month lease....00140 and 55%.
I believe that 15,000 miles per year is the highest mileage allowance that Subaru publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#458 of 538 Re: 2012 Subaru Outback 3.6R Limited [samny1]
by Car_man HOST
Oct 26, 2011 (3:35 pm)
Greetings Stephen. Subaru's October buy rate lease money factor and residual value for a 36-month lease of a 2012 Outback 3.6R Limited with 15,000 miles per year are .00180 and 55%, respectively for consumers who qualify for its top credit tier.
The residual value for a lease with only 12,000 miles per year would be 1% higher.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#459 of 538 2012 Subaru Outback 2.5i Base w/ Alloy Wheel
by kiltman
Oct 29, 2011 (1:06 pm)
Car_Man,
When you get them, could you post the November numbers for residual and mf for the above vehicle for a 36 month, 12k mile lease?
Thanks
Chris
#460 of 538 Re: 2012 Subaru Outback 3.6R Limited [Car_man]
by samny1
Nov 02, 2011 (1:28 pm)
Thank you Car_man,
I was wondering if you had the November numbers on the same car (2012 Outback 3.6R Limited) with the same length and miles (36 months and 15K). I was just quoted MF .00125 and RV 52%
Thanks,
Stephen
#461 of 538 Re: 2012 Subaru Outback 2.5i Base w/ Alloy Wheel [kiltman]
by kiltman
Nov 08, 2011 (7:07 am)
Also if you could include the info for a premium model I would consider that if the rates were better.
Thanks in advance.
#462 of 538 Re: 2012 Subaru Outback 2.5i Base w/ Alloy Wheel [kiltman]
by Car_man HOST
Nov 16, 2011 (5:28 pm)
Hi Chris. Subaru's November buy rate lease money factor and residual value for a 36-month lease of a 2012 Outback 2.5i Limited with 12,000 miles per year are .00115 and 52%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum