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2013 and earlier-Subaru Impreza Lease Questions

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  • hi all,

    the current incentive program listed below will expire on Jan 4th. Any word what would be the next one? Any manufacture to dealer rebates? :confuse:

    http://www.edmunds.com/incentives/RebateController?step=2&modelId=100525470&setz- ip=11209&state=NY&tid=edmunds.n.incentivesindex.incentives.2.2.Subaru*

    Thanks,
    Greg
  • dhamiltondhamilton Posts: 873
    I really wanted this to be my next car but the insurance is more than my 47k BMW 335. It really becomes a wash for me in terms of trying to reduce my monthly nut.
  • Carman,

    Could you you provide the current money factor and residual value for a 36 month lease on a 2010 Subaru Impreza Outback Sport with 12,000mi per year. Also, are there are any incentives currently available on this vehicle from Subaru?

    Lastly, with respect to the money factor and residual value, are these items that the dealership will bargain on or are they fixed by the financing company that the dealership uses?

    Thanks.
  • Here you go, whyasky. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Impreza Outback Sport with 12,000 miles per year are .00170 and 57%, respectively.

    Subaru is providing a $500 cash incentive on leases of this car in certain areas. If you let me know what state you are in, I should be able to find out whether this cash is available in your neck off the woods.

    I don't believe that Chase, that's who Subaru runs its special lease program through now, allows dealers to mark up its lease money factors so you probably won't run into dealers jacking up this rate on you. Still, it is always good to know as much information as possible when negotiating a lease. The dealer could try to claim that the money factor that they have to use is higher than it is and try to charge you more for the car.

    Car_man
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  • Many thanks Car_man! This will help with the preparation.
  • You're welcome, whyasky. I'm glad that I was able to help you out.

    Car_man
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  • Very limited experience leasing. Have a question, probably a dumb one. Want to lease a WRX or WRX Premium (5 door). 36 months. 15k a year. No other options.
    Quoted $437 a month with $1350 down on base model. Quoted $524 a month with $1,409 down on Premium. MSRP on base $26,082.

    My buddy leased a Infiniti G37S last year with a couple of grand down and a payment of $540 a month for 36 months at 15k a year. His car's MSRP was $44k.

    Am I missing something here? Why is the WRX so expensive to lease?
  • ateixeiraateixeira Posts: 72,587
    Infiniti may have had lease incentives.

    Subarus actually have good residuals - they won the ALG award for best mainstream brand.
  • Bizarrely, the dealer told me "the WRX has poor residuals and does not lease well as Subaru knows the condition that most vehicles will come back in considering their performance characteristics".......

    Does anyone know what would would reasonably expect to pay?
  • ateixeiraateixeira Posts: 72,587
    You might want to shop a different dealership.

    Check this out:

    https://www.alg.com/deprratings.aspx

    Impreza gets 5 stars for residuals, best possible score.

    Having said that, the Infiniti G37 also gets 5 stars, and Infiniti may have had more incentives (low interest or lease cash).
  • Hi Car_Man...could you please provide the following lease residuals and money factors? Thanks in advance!!

    2010 WRX 5-Door Premium

    24 Mos - 10K Miles (or lowest mileage allowance)
    36 Mos - Same Parameters

    2010 WRX 5-Door Limited

    24 Mos - 10K Miles (or lowest mileage allowance)
    36 Mos - Same Parameters

    Thanks again! :)
  • ike3ike3 Posts: 81
    Hello car_man...could you please provide the following lease residuals and money factor for the Impreza? I live in western NY state. This is for the the Premium, 2.5 engine, automatic transaxle, with moonroof and heated seats/mirrors.
    Thanks!

    24 months-12K miles and 15K miles
    36 months-12K miles and 15K miles
  • I'm not sure its' poor residuals are due to an issue with end of lease condition. More likely they just know the demand for the WRX is always high and that's one way of detering people from leasing. Other manufacturers do this to their most popular models as well.
  • gsp5791gsp5791 Posts: 1
    Can someone please provide 2010 WRX sedan and hatchback money factor and residual value for 12k miles for March? I'm also curious to hear what deals other people are getting on these cars. Thanks
  • jkd111jkd111 Posts: 5
    I was told that on a 5-door WRX limited with 12K per year the residual was 55% and the money factor was a brutal .0026. I think the sedan was 54% and .0021.

    These numbers are for a WRX limited. I would guess that the base model has better residuals since the lease info on the subaru website shows a base sedan at 55% for 42 months...not sure about the money factors on it.

    Come on Subaru...your residuals are fantastic...give us a break on the rates!!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi jkd111. Subaru's current money factor and residual value for a 36 month lease of a 2010 WRX 5-Door Premium with 10,000 miles per year are .00210 and 55%, respectively.

    The numbers for an otherwise identical lease of a WRX 5-Door Limited are .00210 and 56%.

    Subaru is not providing lease support on two year leases so you definitely do not want to lease one for that term.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go ike3. Subaru's current lease money factor and residual value for a 2010 Impreza Sedan Premium 2.5 with 15,000 miles per year are .00165 and 59%, respectively.

    You definitely do not want to lease this car for two years. Subaru has stopped providing support on any 24 month leases.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings gsp5791. Here's the information that you're looking for. Suabru's March lease money factor and residual value for a 36 month lease of a base 2010 WRX Sedan with 12,000 miles per year are .00120 and 57%, respectively.

    The numbers for an otherwise identical lease of a base 2010 WRX Hatchback are .00205 and 57%.

    Car_man
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  • Hi, can someone provide the money factor and residual value for the 2010 Impreza 2.5i auto hatchback with 10k miles/year for 36 - 39 months for March or April? Thanks.
  • johnyangjohnyang Posts: 1
    edited March 2010
    Hello, Car_Man
    Could you please provide the lease residuals and money factors for 2010 Impreza 2.5i and 2.5i premium? 12,000miles/year - 36month
    I am living in Lehigh Vellay, PA, 18018

    Thanks in advance!!
  • cfs2010cfs2010 Posts: 1
    Hi Car-Man and others,
    We have never leased before. We are interested in a Subaru Impresa but we drive ~18-20K miles a year. Toyota allows leases of higher mileage where the user has to pay 15 cents per mile, or something similar. This was true I believe even before they had their current recall problems. Anyway, is this higher mileage allowed in Subaru leases and is it prohibitively expensive? We have owned two Outbacks, one bought used from a friend, one bought new from a dealer and financed. Both have required an outrageous amount of maintenance, the former finally died, and so we are considering leasing. Our zip code is 05055 (Vermont) but we can travel to family in Boston area dealers as well or southern NH or Central MA.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi Nancy. According to the latest information that I have seen, if you were to lease a 2010 Subaru Impreza 2.5i Hatch right now for 36 months with 10,000 miles per year, its money factor and residual value should be .00220 and 58%, respectively.

    The numbers for an otherwise identical 39 month lease are .00220 and 56%.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go, johnyang. Subaru's current lease money factor and residual value for a 36 month lease of a base 2010 Impreza 2.5i Sedan with 12,000 miles per year are .00145 and 58%.

    The numbers for an otherwise identical lease of an Impreza 2.5i Sedan Premium are .00210 and 60%.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi cfs2010. While I don't know the exact cost per mile, I don't think that a high mileage lease on a Subaru would be any more expensive than a high mileage lease on a Toyota model.

    Car_man
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  • ekfultonekfulton Posts: 1
    edited April 2010
    Hi car_man, for impreza 2010 2.5i hatch auto transmission (model code ALB) and 2010 2.5i hatch premium w/spec edition package manual transmission (model code ALC)

    1) Are there any dealer cash rebates right now? I heard $500 for leases.
    2) If there are dealer cash rebates, can you still use subaru leases?
    2) what are the money factors and residuals for 12k per year?

    Thanks, Edward
  • Can anyone please tell me what the residual and money factor are on 2010 Impreza Outback Sport (man) lease? I am looking at 36 month/1200mpmth lease.
    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi Edward. In most areas Subaru is currently providing $500 dealer cash on leases of the 2010 Impreza 2.5i Premium models. This dealer cash is compatible with this car's special lease program. The cash increases to $1,000 on standard models.

    Chase's current lease money factor and residual value for a 36 month lease of a 2010 Impreza 2.5i Hatchback Premium with the Special Edition Package, a manual transmission, and 12,000 miles per year are .00170 and 55%, respectively.

    The numbers for an otherwise identical lease of a 2010 2.5i Hatchback Standard are .00130 and 57%.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go, lynkatmel. Chase's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Outback Sport with a manual transmission and 12,000 miles per year are .00200 and 59%, respectively.

    Subaru is not currently providing any cash incentives on leases of this model.

    Car_man
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  • carbuyer34carbuyer34 Posts: 12
    Hi. I live in New York State I'm turning in a leased 2006 impreza base sedan with 19,000 miles. I 'm being quoted 314.00 a month 42 month lease impreza sedan premium with a special edition pack includes heated front seats heated windshield moon roof and spoiler foglights 6 disc cd.
    No money down subaru is paying first payment waiving security deposit and waiving disposition fees on turned in lease

    Is this a good deal or should we wait for a 2011?
  • irgirg Posts: 197
    I have also leased a 2006 Impreza base (5 door) that I'll be turning soon with about 32k miles on it. What was your payments for the 2006? I pay about $205/mo, that 0 down, with taxes included.

    Seems like $314 you're looking at now is not that good. Especially with the very low mileage lease vehicle you have. And I thought the miles on mine were low! You could probably sell your '06 outright yourself for a profit, and use that on your next lease. What is the price then you have negotiated on the 2010? Not sure where in NYS you're at, Simmons-Rockwell.com in upstate NY lists their prices online, pretty close or invoice too, might be worth a look.
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