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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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#61 of 249
2007 Outback 2.5i AT by boblenon
May 09, 2007 (8:59 am)
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So I am looking at leasing a new Outback 07 2.5i AT - I have been driving a 2000 outback legacy for the past few years. I'm in upstate NY.
 
The terms for a lease I'm looking at are:
 
Term: 42 mo
MF: .0025
Residual: 51% (13029) 15K miles/yr
Selling Price: $23640
MSRP: $25549
 
I'm looking at a $265/mo (or $298/mo with taxes ect rolled in). This includes a trade-in of $2100. Price includes incentives.
 
From what I have read, this sounds a like good deal? Any comments?
 
Thanks.
#62 of 249
Re: 2007 Outback 2.5i AT [boblenon] by Car_man HOST
May 21, 2007 (2:46 am)
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Replying to: boblenon (May 09, 2007 8:59 am)

Hi boblenon. The lease program that you were quoted for the Outback that you are interested in looks about right to me. However, I suspect that you will be able to negotiate a more attractive selling price on this car by shopping around. Subaru is currently providing $1,000 to $1,500 lease cash on the Outback right now plus there is around a $1,500 spread between the Outback's full MSRP and its dealer invoice price. Try stopping by the following discussion to see how much other community members have paid for similar models recently: "Subaru Outback: Prices Paid & Buying Experience".
 
Car_man
Host
Prices Paid Forum
#63 of 249
Getting out of a Subaru Outback 3.0 LL Bean Lease by linusthelab
May 27, 2007 (9:47 am)
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Hi Car Man!
Nice forum you have here.
I have a 2005 Subaru Outback LL Bean 36-month lease, $418.22/mo. 12K miles/year allowance, currently only 23K miles on it. I have 6 months left on the contract. I have just purchased a 2005 Subaru Baja and no longer need the Outback. Can I turn in the car early? Even if I could, I imagine I would pay a penalty. I hope I don't have pay the remaining $2500 I would owe if I kept it until the end.
Thank you in advance.
- Art
#64 of 249
Re: Getting out of a Subaru Outback 3.0 LL Bean Lease [linusthelab] by subearu
May 27, 2007 (1:34 pm)
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Replying to: linusthelab (May 27, 2007 9:47 am)

You likely can just pay the remaining 6 months of payments plus any early termination fee, less the security deposit. Or, maybe try a CarMax and see if they'll purchase it - as long as their price is equal to or higher than the buyout, unless you're ok with some cash out of your pocket.
 
-Brian
#65 of 249
Residual and MF Help Needed by manga13
May 27, 2007 (2:39 pm)
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I am considering a Subaru Outback 2.5i LLBean Edition. The TMV for my area is 26,497. Do you know what figures I should use for the Residual amount and the MF? thanks.
#66 of 249
Re: Getting out of a Subaru Outback 3.0 LL Bean Lease [subearu] by linusthelab
May 27, 2007 (10:21 pm)
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Replying to: subearu (May 27, 2007 1:34 pm)

You said: "You likely can just pay the remaining 6 months of payments plus any early termination fee, less the security deposit."
 
But this doesn't make good sense. That would cost more than if I waited until the end of the lease.
 
- Art
#67 of 249
Re: Getting out of a Subaru Outback 3.0 LL Bean Lease [linusthelab] by subearu
May 28, 2007 (5:26 am)
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Replying to: linusthelab (May 27, 2007 10:21 pm)

I didn't say it made good sense either but, it is what he was asking and likely may be the easiest solution. He's already in another vehicle and has payments left on the other. Getting out of a lease costs $, 6 months or not.
 
If the vehicle had more time left on the lease, he might be able to find someone to take over the lease. But, 6 months or less is probably a hard one to convince someone to take over. That's why I suggested finding someone to purchase and buyout the lease.
 
-Brian
#68 of 249
Re: Getting out of a Subaru Outback 3.0 LL Bean Lease [linusthelab] by bobbyjones
Jun 09, 2007 (7:30 am)
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Replying to: linusthelab (May 27, 2007 9:47 am)

Art,
 
Did you end up keeping the 2005?
 
-B
#69 of 249
Re: Getting out of a Subaru Outback 3.0 LL Bean Lease [subearu] by xwesx
Jun 14, 2007 (11:40 am)
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Replying to: subearu (May 28, 2007 5:26 am)

Depending on the cost of insuring it for those 6 months, it could work out better than retaining it for that time as well.
#70 of 249
Legacy Wagon (I know, wrong forum...) by jad376
Jun 20, 2007 (2:51 pm)
Reply
Ciao. This is my first time posting, and I know it's in the wrong forum. I just thought I'd get more traffic here. Thanks for understanding.
 
I'm looking at a leftover '07 Legacy Limited wagon, Diamond Grey w/black leather interior.
 
From the dealer:
52% residual
.0023 money factor
based on "$300 under invoice": $24,379.
 
Lease calculator based on 6% sales tax and 39 months: $354, that's adding $1000 Subaru cash incentive. However, because the dealer quoted me under invoice already, should I forget about this $1000?
 
It still seems a little high to me. Is this a good deal?
 
J.

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