Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





2013 and earlier-Subaru Outback Lease Questions

CarMan@EdmundsCarMan@Edmunds Posts: 38,515
edited January 28 in Subaru
Hi everyone. Please use the following discussion to post any questions that you have about leasing a Subaru Outback. Thanks.

Car_man
Host
Smart Shopper / Prices Paid Forums
«13456718

Comments

  • Any idea of a monthly payment for a 36 month lease of a 2005 Suburu Outback VDC (preferably black)?
  • Greetings fusaichi. I would be more than happy to give you an idea of what sort of lease payment you can expect to pay for the 2005 Subaru Outback that you are interested in. However, in order for me to do so I need some additional information from you first, including how many miles per year you need to be able to drive it (12,000 or 15,000), its full MSRP (with the destination charge added in), and an approximate selling price for it. All of the pricing data that you need is available on Edmunds.com. Let me know if you need help finding it. Once I have this information, I will work up a lease payment for you. Talk to you soon.

    Car_man
    Host
    Smart Shopper / Prices Paid Forums
  • Hi . . . could you tell me if there are any factory leases currently on the Outback 2.5XT Limited or the 3.0 LL Bean? Otherwise, do you know the residual and money factor for these on about a 48 month lease? Thank you.
  • I am looking at a 2006 Legacy 2.5I Limited wagon. What would a lease be for 36 months, MSRP of 27515 and sell price of 24700 and rebate of 1000 if purchased. Don't know how rebate effects lease.
  • Hi boxcar17. Yes, Subaru is currently providing lease support on both the 2006 and 2005 Outback. If you were to lease a 2006 Outback 2.5XT Limited through Subaru Credit right now for 48 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00130 and 45%, respectively. The numbers for an otherwise identical lease of a 2006 Outback 3.0 LL Bean should be .00115 and 43%. Let me know if you want the info for the 2005 models instead.

    Car_man
    Host
    Smart Shopper / Prices Paid Forums
  • Hello rwschill. The $1,000 customer cash that you mentioned is not compatible with leases through Subaru's captive finance company, however Subaru is currently providing a $500 cash incentive on leases of 2005 Legacy 2.5i models. Your negotiated price for this vehicle drops to $24,200 when this incentive is deducted from it. I am not positive that this cash is available on the Limited version of the 2.5i, so you better ask your dealer to be certain. Using this selling price and an MSRP of $27,515 I estimate that this vehicle should have a 36 month, 15,000 miles per year zero down, pre-tax monthly payment of around $319 if leased through Subaru Auto Finance.

    Car_man
    Host
    Smart Shopper / Prices Paid Forums
  • Hi. I'm thinking of leasing a 2006 Outback 2.5i Limited with automatic later this month. 12,000 miles per year, 36 to 48 months. What should I expect to pay? What would the residual and money factor be? Any Subaru incentives this month?
  • Hello alex16. For now I can give you an idea of what this vehicle's lease program is like. If you provide me with its full MSRP (including the destination charge) and an approximate selling price, I can tell you what its lease payment should be as well. If you were to lease a 2006 Subaru Outback 2.5i LTD Wagon 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 .00120 and 53%, respectively. The numbers for an otherwise identical 48 month lease should be .00085 and 44%. When negotiating your lease on this vehicle, make sure to take the $500 lease cash that Subaru is providing on it right now into account.

    Car_man
    Host
    Smart Shopper / Prices Paid Forums
  • I just got quoted for a 2006 Outback 2.5i Automatic with the auto-dimming mirror/Homelink, the front bumper guard, and the upgraded security system. For a 36 month, 12000 mi/year lease, the gave gave residual and money factor at 53% and 0.00240.

    In the post above, you said the money factor for the 2.5i LTD was 0.00120. Are the money factors for the limited and non-limited models supposed to be different?

    Thanks!
  • Hi pnut311. Yes, Subaru's lease program for the Outback 2.5i Limited Wagon is different than its program for the base model. The last time that I saw Subaru's lease program for the base Outback 2.5i wagon, its 36 month, 12,000 miles per year buy rate lease money factor and residual value were .00190 and 53%.

    Car_man
    Host
    Smart Shopper / Prices Paid Forums
  • msbobmsbob Posts: 1
    My questions are:
    1. Can you trade/use your current vehicle as the "down"?
    2. Can you use a personalize license plate on a leased car?
    3. Can you tint the windows? And would the dealership do that,adding the cost to the price?
    4. What's the additonal cost should go over the 15,000 miles allowed?
    5. Are my payments higher if I want to lease for 24 months? If so, would there be some type of "advantage" for if I continue to lease but a newer model? Thanks in advance, I want to be on the same page when I do meet w/ someone. Regards, Ms Bob
  • ateixeiraateixeira Posts: 72,587
    1. Yes, assuming you have equity (trade-in value > any loans remaining).

    2. Yes. That's just the registration part. You can even transfer tags to another car if you want to keep 'em.

    3. Probably, it may depend on the dealer. I'm sure they'd be more than happy to arrange it, but don't count on it increasing resale value so you'll probably pay for it all yourself.

    4. Depends, that can be negotiated I believe.

    5. Shorter term leases probably do cost more, because initial deprecition is the steepest.

    -juice

    PS I'm not a lease expert by any means, you may want to hop over on the Blog section to the Smart Buyers Blog and ask there
  • I'm trying to help out my inlaws as they look to lease a new outback. They have one that is off lease on October, but the dealership is pushing them to get a new one now, telling them that their current one is worth more than they owe. The sales people are reluctant to cough up the numbers in any way that is readable by me, so I was hoping that y'all could help out...

    2006 Outback 2.5i automatic
    MSRP 27,376
    Cap 24,890
    acquisition 595

    Residual 11,771.68
    $339.99/month, 48 months, 12k
    due on signing - 1st + reg ($339.99 + $117.56)

    They pay 8.5% sales tax where they live, which they were told was all rolled in. Following what I read, I managed to work up a money factor of 0.00073 and a residual of 43%. Any info that y'all would be willing to share would be awesome!

    Chris :confuse:
  • Hi Chris. The selling price that your in-laws were quoted for the Outback that they are interested in looks good to me. Let's calculate what its lease payment should be using Subaru's current lease program and see what we come up with. According to my calculations, if your in-laws were to lease a 2006 Subaru Outback 2.5i Wagon with an MSRP of $27,376 and a selling price of $24,890 through its captive finance company right now for 48 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $347. I used a money factor of .00170 and a residual value of 41% to arrive at this payment. So if they were quoted $339 a month for this car, this deal looks good to me.

    Car_man
    Host
    Smart Shopper / Prices Paid Forums
  • ajfitzerajfitzer Posts: 30
    Hey Carman! I used your insight a few years back with my Subaru Legacy L 2003 sedan, and got a tremendous deal. Now that lease is ending in 2 months, and I am anxious to lean on you once again. Subaru is offering me PREFERRED LEASE LOYALTY, thus waiving my first monthly lease payment, as well as a waiver of the security deposit requirment if I lease another car through them. The only model my wife and I are interested in is the Outback. I would NOT be willing to settle on the 2.5 UNLESS it has the turbo, as the engine (the same 4 I have in my current Legacy) just does not have enough pep.

    I'm thinking of leasing a 2006 Outback 2.5xt Limited with automatic or PERHAPS the 3.0 LL Bean Wagon ($$ and inventory will decide it for me). Apparently they did not make many 2.5xt's so my negotiating power might be limited on that model. Have you heard the same on this? However, the MSRP on the 3.0 Outback is over 30K, and might be out of my reach. We are looking for 12,000 miles per year, 36 to 42 months, 0 down.

    What would the residual and money factor be? Any Subaru incentives this month? What should I expect to pay? Does it make sense to TRY and get a good deal now with 2 months left on my current lease (I am not over on miles or anything)?
  • ajfitzerajfitzer Posts: 30
    Carman, I have decided on the 3.0R wagon, as it is more in my price range, and has the extra power. The lease invoice i saw from a dealer was $26,911 with a .00150 MF and 49% residual for 42 months. Subaru is NOT offering any incentives or lease cash on this model! It is a shame, as I might decide to look at the Tribeca now. See my posting in the Tribeca Lease area. I have gotten some amazing offers.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey ajfitzer. I'm glad to hear that you got such a good deal on your Legacy. According to the latest information that I have seen, if you were to lease a 2006 Subaru Outback 2.5 XT Limited through Subaru Auto Finance right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00150 and 53%, respectively. The numbers for an otherwise identical 42 month lease should be .00150 and 50%. The numbers for a 36 month / 12k lease of an '06 Subaru Outback 3.0 LL Bean Edition Wagon are currently .00150 and 56%. This model's 42 month / 12k numbers should be .00150 / 52%. Subaru is not currently providing any cash incentives on leases of these models. I am not personally all that familiar with what the market is like for this vehicle right now, but you may be able to get an idea of how much you should pay by visiting the following discussion: "Subaru Outback: Prices Paid & Buying Experience". If I was in your situation, I personally would wait until the scheduled end of my current lease to get a new vehicle.

    Car_man
    Host
    Smart Shopper / Prices Paid Forums
  • ajfitzerajfitzer Posts: 30
    Thanks for the reply Car-Man! I had received a TREMENDOUS offer on a TRIBECA Limited lease, that was too good to pass up, so I went that direction.

    ajfitzer, "Subaru B9 Tribeca: Lease Questions" #107, 16 Mar 2006 12:57 pm

    Thanks again for all your wisdom. It allowed my family to have a suitable truck with more bells and whistles then we otherwise could have afforded.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome ajfitzer. Congratulations on your new Tribeca. Enjoy!

    Car_man
    Host
    Smart Shopper / Prices Paid Forums
  • modo4128modo4128 Posts: 5
    We just leased a new 4door automatic with subwoofer, autodimming mirror & compass, and all weather floor mats. Financing was done via Subaru in California with a residual factor of 51% and money factor of .00165.

    MSRP was $33,345, we paid invoice of $30,842. With $1420 downpayment, we are paying $504/month for 36 months. Sound like a reasonable deal? Never sure about these things...how does dealer make money if we pay invoice?
  • ateixeiraateixeira Posts: 72,587
    There is a small holdback, but that really only covers their operating costs and the salesman's salary.

    For the most part they *don't* make a profit on new car sales. Used cars and service do, however.

    My dealer charges $95 per hour for service labor!

    -juice
  • mthomtho Posts: 3
    We're looking at a 2006 Outback 2.5i Limited. Whats the current money factor and residual numbers that you have for Subaru right now?

    thanks
    -mike
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi Mike. this car's lease program varies depending upon how long you lease it for and how many miles per year you need to be able to drive it. For now I will provide you with information on a common set of terms, 36 months with 15,000 miles per year. Let me know if you want something different. If you were to lease a 2006 Subaru Outback 2.5i Limited Sedan through its captive finance company right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be 00220 and 50%, respectively.

    Car_man
    Host
    Prices Paid Forums
  • mthomtho Posts: 3
    Thanks

    How about 36 month, 12000 mile Limited vs a 2006 36 month, 12000 mile LL Bean model?
    thanks
    -mike
  • Hi there

    I understand when leasing you finance 50% of the car and 50% is the residual... so, could I simply prepay 50% (all lease payments for 3 years) and not incur interest?
  • kyfdxkyfdx Posts: 28,572
    That isn't exactly the way it works... Actually, you are financing the entire car... The lease calculation averages the CAP cost (selling price) and the residual amount, and you pay finance charges on the average of those two figures...

    So, even if you pay the entire depreciation portion upfront, you are still financing the residual amount over the duration of the lease...

    However, you can pre-pay the entire lease, and it does reduce the finance charges, but it doesn't do away with them completely..

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go, Mike. If you were to lease a 2006 Subaru Outback Limited Wagon 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 .00200 and 52%, respectively. The numbers for an otherwise identical lease of an '06 Outback LL Bean Wagon should be .00200 and 52% as well. When negotiating your lease on these cars, keep in mind that Subaru is providing its dealers with up to $1,000 dealer cash on '06 Outback models this month. The exact amount that dealers receive depends upon how many units they sell.

    Car_man
    Host
    Prices Paid Forum
  • melissagmelissag Posts: 2
    I'm planning on leasing an automatic 2.5i (probably 48 mos/15K miles). I'm looking at one with a $26K sticker price. What's a reasonable target number to negotiate down to? (no trade in)
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi melissag. You may be able to get an idea of how much you will have to pay for the Outback that you are interested in by visiting the following discussion: "Subaru Outback: Prices Paid & Buying Experience". Once you have an idea of the selling price of the Outback that you want (and its full MSRP) let me know and I would be happy to estimate what its lease payment should be for you.

    Car_man
    Host
    Prices Paid Forum
  • richw4richw4 Posts: 4
    I'm considering leasing a Subaru 2.5i Wagon (MSRP was approx. $27,000). Salesman in Riverhead, Long Island quoted me $376 per month, 48 months, $0 down. Could you please let me know if this is a good price, and if not, what should I be trying to negotiate down to?

    Thanks.
«13456718
This discussion has been closed.