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Subaru Outback Lease Questions

246 messages, Last post on Oct 26, 2009 at 11:53 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
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Replying to: linusthelab (May 27, 2007 9:47 am) -Brian
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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. | |
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Replying to: subearu (May 27, 2007 1:34 pm) But this doesn't make good sense. That would cost more than if I waited until the end of the lease. - Art
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Replying to: linusthelab (May 27, 2007 10:21 pm) 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
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Replying to: linusthelab (May 27, 2007 9:47 am) Did you end up keeping the 2005? -B
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Replying to: subearu (May 28, 2007 5:26 am) |
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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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The dealer came back with other numbers on the Limited. $0 down, 15,000 miles/year, 39 months: $369, T,T&L folded into monthly payment. T,T&L= about $1100. If I put that down, for the same lease on the same vehicle, he quoted me $339. This sounds like the right deal. Now...I found another dealer much closer to my home with a silver Special Edition. No 6-CD, no auto climate control, but they're quoting me a price to put the full leather interior in and do a lease: with $525 down: $358, month, 42 months. At that same dealer, on "a" Limited wagon, they're quoting: $385/month, 48 months, $0 down. This is with an "acquisition fee" folded into the monthly. Personally, I'd prefer the first vehicle; I'd have to go farther to get it, but I don't really want to get into this car for a year past its factory warranty. Is this a good deal? I'm shopping it against the Hyundai Santa Fe, Honda CR-V, or a deeply deeply discounted Nissan Murano. The Subaru beats them all on gas mileage, and has similar usable space in the back. The handling on the hunkered-down Legacy is good for a wagon, in my opinion. Thanks for your help, J.
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Replying to: jad376 (Jun 21, 2007 8:18 am) |
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