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Comments
thanks in advance
:confuse: :mad:
Buy it on a 60 month bank loan, it will be way, way cheaper.
Why would you lease for 42 months? You are going to be out of warranty for 6 months. Plus you'll have to put new tires on it before you turn it in. I'm guessing your payment is just over $355 a month unless you put money down. Not a good deal at all in my opinion.
Anyway, now that I am reviewing the details below (lease factor of 74 - not too good), but it looks like I'm paying within $26 of Invoice less $1000 in rebates plus acquisition fee.
2009 Subaru Outback Sport with iPod interface, splash guards, armrest extension with an MSRP of $22,208.
MSRP: $22,208
Edmunds Invoice: $20,997
Aquisition fee: $595
Residual: $12658.56 (based on the above 58%, it appears that the splash guards are included in the residual, but the iPod interface and arm rest extension are not)
Car Show Coupon: $500
Factory Rebate: $500
Cap Cost: $20,566.35
MF: .00220 (as reported here, not from the dealer)
Monthly Lease: $301.73 plus 9% PA tax= $328.89
OTD: $549 ($328.89+doc, license, title fees of $220.11)
thanks again
Also, the 15,000 mile residuals for a 2009 Outback Sport AT is 65% on 24 months, 57% on 36 months and there are no factory rebates to customer. There is $500 in manufacturer to dealer cash. I've seen selling prices for these at $19,500 plus the acquistion fee. Don't even bother to check TMV price. Doesn't equate to anything. Monthly payment for 15K, 36 months would be $303.87 including tax. 12,000 miles would be $297.68 including tax.
My lease factor is not used to determine what the lease is but "is it a good deal?" And this is "is it a good deal versus any car you can lease" versus "is it a good deal" on this particular car." My deal was based on $1000 under Invoice, a .00220 MF and an approximate 58% residual. I think it was about as good as can be had for THIS car in March/April 2009 so in that perspective, it was a good deal, but the lease factor of only 74 tells me that there are better deals out there for other cars.
If you go to Suburu's website, you see a lease offer that gives a lease factor of over 100. Well, at fist that looks great compared to my 74 but requires $1120 down and only 12K miles. Even with that, it's pretty good as to get that rate they used a 62% residual and an approximate .00180 MF. Delete the down payment and increase the miles to 15K and comparable lease goes to about $220 or a lease factor of 82, which I think is pretty good.
So how can they advertise a 84 factor when i only got a 74%? Probably, the OBS has options that don't residualize as well and they used a "teaser" MF to get you into the store.
You could finance this car through Subary at 2.9% for 60 months wiith a payment of $376. Then you could claim the sales tax (financed in) as a deduction on your 2009 Income Tax Return.
Car_man
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What are the money factors and residuals this month for a 12K, 36 month, manual, 5 door Impreza base, premium, WRX base, and WRX premium? Any rebates, or lease cash available? Thanks
SKASWING17
Also with the financing it is not clear to me what the terms are 2.9 for 36 months? then 3.9 for x?
At .15/ mile penalty fee, is it always better to negotiate extra mileage into the lease or just hold the money and pay it at the end of three years? Thanks
Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Impreza 5-Door Premium with manual transmission and 12,000 miles per year are .00120 and 53%, respectively.
The numbers for an otherwise identical lease of an '09 WRX Wagon base are .00270 and 53%.
The numbers for an otherwise identical lease of an '09 WRX Wagon Premium are .00270 and 50%.
Car_man
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As far as this car's special financing offer goes, I believe that it is now 2.9T for up to 6 years.
If you believe that you will need to drive more than 15,000 miles per year it probably will be to your benefit to purchase additional miles at lease signing. Most banks provide lessees with a discount per mile versus what they would have to pay as an excess mileage penalty at lease-end for doing so.
Car_man
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Thanks for your information. I am pretty close to pulling the trigger on a Wagon 9LO? Base at 23750 with nothing down financing over the full 72 months. Looks like a better deal to me than the lease at the moment and then I don't have to even think about the mileage. I am considering a wagon with the short shifter and armrest for 24150. Thanks!
Matt
Thanks!
Do you know what the June numbers are for a 36 month lease on the 2009 WRX Premium 4-door with 15,000 miles as far as residual and money factor?
Thanks,
RWS
This lease program isn't bad. I personally like leasing, so I probably would go that route rather than financing it at 2.9% for 6 years at this point, but you rreally can't go wrong with either option.
When negotiating your lease on this car, make sure to take advantage of the $500 cash incentive that is currently available on it.
Car_man
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Car_man
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Any chance of getting the rate and residual for both base and premium impreza 5-door with manual transmission.
2 years 24k miles and 3/36
I'm in northern california if the programs vary by region.
Thanks!
Manual 5 - speed transmission (2.5i premium) Automatic 4 speed (2.5 GT)
5 - Door option
Front underspoiler
Deck Lid Spoiler
iPod Interface
Subwoofer/Amplifier
Rear Bumper Molding
Splash Guard Kit
Body Side Molding
Short Throw Shifter (2.5i Premium)
Tail Pipe Cover
Rear Underspoiler
Bumper Cover
Roof Carrioer Base
SPT Exhaust System (2.5GT)
Thanks
Did the MF and Residuals change for July for the 2009 Impreza WRX Premium 4-door for 36 months/15,000 per year? They were .00245 and 52%
Thanks,
RWS
Car_man
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Car_man
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Car_man
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Car_man
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trade-in valued at 7000 but haven't negotiated that yet.
msrp: 21,199
Sale Price - 20,614
rate factor .00170
residual 11,387.48.
Showing a 153 - 158/mo lease (36/12). How does this check out with what you know right now?
Thanks!
Thanks.
You should be able to negotiate a dealer discount on top of these cash incentives. If I was in the market for an Impreza right now, I personally would shoot for a selling price of $500 over dealer invoice minus any available cash incentives. You can look up the exact invoice price of the car that you are interested in over in the New Vehicle Pricing section of this site.
I see that you are considering trading in your current vehicle when leasing your new one. There's nothing wrong with trading something in when leasing, just make sure to have the dealer cut you a check for your trade rather than using the proceeds as a capitalized cost reduction for your new lease.
Car_man
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Subaru's August lease program just expired yesterday. It is scheduled to publish its new September program at some point this afternoon. I would be happy to give you an update on these cars' Sept. numbers if you're interested. Just let me know.
Car_man
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You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.
Car_man
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2009 WRX STi 12k & 15k 36/39mth lease
2010 WRX STi 12k & 15k 36/39mth lease
Also are there any applicable offers/holdback/discounts?
thank you
John
Do you have the lease rates and residuals for 24 and 36 month leases with 10,000 per year for the 2010 Impreza Outback Sport?
Thanks.
The numbers for an otherwise identical 39 month lease are .00190 and 53%.
This car's residual values would be 1% higher if you were to lease with only 12,000 miles per year.
Subaru is not providing support on leases of the 2009 model any longer, so you really don't want to lease that one.
The 2010 Impreza does not currently have any cash incentives available on it.
Car_man
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For some reason Subaru is not currently providing support on two year leases, so you definitely do not want to lease this car for that term.
Car_man
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2010 Impeza WRX Sedan Premium, 36mo, 10k miles and 12k miles
2010 Impeza WRX Sedan, 36mo, 10k miles and 12k miles
Thanks
12,000 mi/yr for either a 5door premium auto
or a outback sport
John
Subaru's current buy rate lease money factor and residual value for a 36 month lease of a WRX Sedan Premium with 12,000 miles per year are .00155 and 54%, respectively.
The numbers for an otherwise identical lease of a '10 WRX Sedan Base are .00155 and 57%.
If you were to lease either of these cars with only 10,000 miles per year, their residual values would be 1% higher.
Car_man
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The numbers for an otherwise identical lease of a 2010 Outback Sport are .00190 and 58%.
Car_man
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Car_man
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Do you have the lease numbers for the a 2010 Impreza 2.5i auto with 10K miles/year for 3 years? are their any rebates for December? Are there better deals on a 2009? thanks
Subaru is not currently providing any cash incentives on the '10 Impreza. It does have cash on the '09 model, but no lease support.
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