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Subaru Outback Lease Questions

246 messages,  Last post on Oct 26, 2009 at 11:53 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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#89 of 246
'08 Subaru Outback 2.5I by texmex
Jul 26, 2007 (3:55 pm)
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I just leased an '08 Outback 2.5i(not basic) here in NJ.
MSRP: $25570, agreed on $22500.
Put down: $1000(included first mths paymt and registration fee)
Mthly payments $320.
$$ factor:.002600(?)
42 mths
Comments? What do you think Carman? Did I get screwed or is it a fair deal? I've leased many cars and this is my first from Subaru; I've come to realize this: Dealerships get their $$ in the end. It's just a fact.
#90 of 246
Re: Thanks all! [jad376] by Car_man HOST
Aug 07, 2007 (1:41 am)
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Replying to: jad376 (Jul 01, 2007 8:29 pm)

Congratulations on getting your new Outback, jad376. Don't forget to stop by the new Edmunds.com Dealer Ratings & Reviews section to share your thoughts on your experience with everyone. Enjoy your new ride!
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#91 of 246
Re: John Galt [worldly1] by Car_man HOST
Aug 07, 2007 (1:46 am)
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Replying to: worldly1 (Jul 10, 2007 9:33 am)

Hi worldly1. The car that you described has a spread of around $1,900 between its full MSRP and its dealer invoice price. Plus Subaru is providing a $1,000 cash incentive on leases of it. This gives you a total of $2,900 to play with. The $2,600 discount that you are being given looks very attractive to me. Just make sure that the dealer you are working with uses Subaru Finance's current buy rate lease money factor of .00260 to calculate your lease payment and you're in business.
 
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Prices Paid: Buying & Leasing Experiences Forum
#92 of 246
Re: '08 Subaru Outback 2.5I [texmex] by Car_man HOST
Aug 07, 2007 (1:52 am)
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Replying to: texmex (Jul 26, 2007 3:55 pm)

Greetings texmex. The vehicle that you described probably has a spread of around $1,550 between its full MSRP and its dealer invoice price. Plus Subaru is providing a $1,000 cash incentive on leases of it. That gives consumers who are in the market for it around $2,550 to play with. The $3,000 discount that you are being given looks outstanding to me. Furthermore, the money factor that was used to calculate your monthly payment is right in line with Subaru Finance's buy rate for this model. This looks like an outstanding deal to me. Congratulations. Make sure to stop by the new Edmunds.com Dealer Ratings & Reviews section to share your thoughts on this dealer with others. Enjoy your new ride .
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#94 of 246
MI Lease - '08 Outback 2.5i Limited by royman
Nov 19, 2007 (10:28 pm)
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I'm considering leasing an '08 Outback 2.5i Limited and would like some opinions as to what a fair monthly payment would be with the following terms.
   
MSRP $28,616
36 months
12k / year
$0 Down payment
   
Teir 1 credit
Michigan dealership
   
Nothing has been negotiated as of yet. Only inital salesperson contact and test drive complete. Competition should be a factor; similar vehicles exist in inventory at 3 local dealers.
   
I've surmised from other postings that there is $1,000 incentive on the vehicle and quite a bit (approx. $1,900) of differential between Invoice and sticker. Money rates seem to hover around 0.0019 and residual of 58%. But I really don't know if any of this accurate, that's the reason for the post.
   
Thanks for your consideration.
#95 of 246
2008 Outback 2.5XT Limited - 5MT by jpauto
Dec 03, 2007 (8:45 pm)
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Hi,
 
This has been expensive to lease the last few months but is the car my wife and I really want. Hoping you can post the December numbers (cash, residual, money factor) once they are in. Looking at 36 or 39 months (whichever is better) and 12k miles per year.
 
Thank you!
#96 of 246
2008 Outback 2.5XT Limited - 5MT by jpauto
Dec 04, 2007 (9:20 pm)
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please confirm the following:
 
residual for 12k miles per year is .53 at 36 months, .51 at 39, and .50 at 42
money factor for all is .00170
 
And wondering if the cash is $750 or $1500? I read edmunds info as 2 different $750 incetives that can both be used on a lease and thus totaling $1500? Wasn't clear.
 
Thanks, and please correct me if and where I am wrong...
#97 of 246
Re: 2008 Outback 2.5XT Limited - 5MT [jpauto] by tenmiler
Dec 08, 2007 (10:16 pm)
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Replying to: jpauto (Dec 04, 2007 9:20 pm)

I got the exact quote from Valley Subaru in Longmont Co. $32000 purchase price, with all the data you list above, =$469/month.
 
I'm pretty sure the cash back is $750. You can see that on their website for their season event (I'm so tired of the "season/event" advertising, I could puke up a giant red bow on a Lexus). The XT is half that of the regular Outback with cash back.
 
I'm curious what your purchase price has been quoted? Anyone else finding better deals--$32K seems okay but not great. Pretty disappointed in the buydown on this car, say compared to a Volvo XC--you can get that for a substantially less per month lease.
#98 of 246
Re: 2008 Outback 2.5XT Limited - 5MT [tenmiler] by dino001
Dec 09, 2007 (1:45 pm)
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Replying to: tenmiler (Dec 08, 2007 10:16 pm)

It's because Volvo subsidizes its lease by significantly overinflating the residuals and Subaru does not (or to be more exact - Subaru overinflates them to much lesser degree). If you got Volvo and happen to drive much more than the mileage or have some unfortunate wear and tear, you'll have to either take a heavy penalty, overpay for its purchase by some absurd amount. In Subaru's case you might break even or overpay to much lesser degree. So it all depends on one's situation: low payment today, high price/penalties tomorrow, higher payment today, easy walkout tomorrow. Suit yourself

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