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Wagons Subaru Crew Subaru Legacy & Outback Subaru Legacy Lease Questions
384 messages, Last post on Dec 02, 2009 at 7:23 PM
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Hi everyone. Please use the following discussion to post any questions that you have about leasing a Subaru Legacy. Thanks. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: Car_man (Aug 31, 2005 4:21 pm) |
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Hi banderon. Subaru is leasing all Legacy models through its captive finance company right now. If you let me know exactly what model you are interested in as well as how long you want to lease it for and how many miles per year you need to be able to drive it, I can give you an idea of what its current lease program is like. To take things a step further, if you provide me with the full MSRP (with the destination charge added in) and an approximate selling price for the vehicle that you want as well I can calculate a lease payment on it for you using Subaru's actual lease program. Car_man Host Smart Shopper / Prices Paid Forums |
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Car_man and others, sorry to barge in on the thread -- but I have some leasing questions as well. What should I be looking at for leasing in the Denver area for a 2006 Legacy GT Ltd that has an MSRP of $29,694 (including $625 destination) and an invoice (according to Edmunds) of $27,310? Looking at 36 or maybe 48 month lease. Tend to drive about 12k miles a year, so I'm on the fence for 12k/15k. Can you get a 13k or 14k/year lease? Thanks! -Harrigan |
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Welcome Harrigan. You're not barging in at all, that's what this discussion is here for  . I am not personally all that familiar with what the market is like for the Subaru Legacy in your neck of the woods, but for the sake of estimating a lease payment on the vehicle that you are interested in let's assume that you were able to get it for $750 over dealer invoice. According to my calculations, if you were to lease a 2006 Legacy GT Ltd that has an MSRP of $29,694 and a selling price of $28,060 through Subaru's captive finance company right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $451. The payment for an otherwise identical 48 month lease should be $396. Naturally is you are able to negotiate a lower selling price this car's payment would drop a little bit and vice versa. I don't think that Subaru Auto Finance has any sort of middle ground as far as mileage allowances go, I've only seen them offer 12,000 or 15,000 miles per year. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Oct 13, 2005 1:55 am) Thanks.
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Replying to: cagorm (Oct 14, 2005 6:28 pm) Thanks. |
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Car_man: You helped me out a few years ago with a GMC Envoy. I am looking at an 06 Legacy Limited with a MSRP of $26,232 and a selling price of $24,152. Could you please tell me the money factor and residual for a 36 month lease with 12,000 miles a year? Also what would the rates be for a 48 month lease? Thanks, Phil |
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Hi cagorm. If you were to lease a 2006 Subaru Legacy GT Limited Sedan through its captive finance company right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00230 and 52%, respectively. The numbers for an otherwise identical lease of the 2005 version of this car should currently be .00110 and 47%, respectively. When negotiating your lease on either of these cars, keep in mind that Subaru is currently providing $500 lease cash on both of them. This cash will help you to negotiate an attractive capitalized cost for your lease. Car_man Host Smart Shopper / Prices Paid Forums |
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Welcome back Phil. Here's the information that you are looking for. If you were to lease a 2006 Subaru Legacy Limited Sedan through Subaru's captive finance company right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00210 and 52%, respectively. The numbers for an otherwise identical 48 month lease should be .00120 and 43%. Since you mentioned this car's prices in your post, I might as well estimate what its lease payment should be like for you. Using the above information, an MSRP of $26,232, and a selling price of $24,152, I estimate that this car will have a zero down, pre-tax 3 year payment of around $372 and a 4 year payment of around $401. Car_man Host Smart Shopper / Prices Paid Forums
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