2016 Subaru WRX Lease Questions

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  • kyfdxkyfdx Moderator Posts: 267,103
    deathryuu said:

    I am looking at a 2016 WRX Premium 6 speed manual w/ Nav/HK Audio package, short throw shifter, and extended arm rest.

    Looking for residual and MF please.

    3 year / 15k per year

    Credit score 730

    Two dealers, one at 98662 and other at 97504.

    Thank you.

    .00160 MF and 62% residual

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  • kyfdxkyfdx Moderator Posts: 267,103

    STi Base 48 month lease w/ 10k miles if there is no such thing the next longest term numbers...42, 36 but all with 10k miles
    Res/MF in 19083

    High 7's credit score

    Thanks

    .00235 MF and 69% residual for 42 months is the sweet spot.

    .00175 MF and 69% residual for 36 months.

    .00220 MF and 63% residual for 48 months

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  • hdmazon21hdmazon21 Member Posts: 7
    Can I get Numbers again for a 16 WRX CVT Premium on 36/42/48
  • MichaellMichaell Moderator Posts: 263,335
    hdmazon21 said:

    Can I get Numbers again for a 16 WRX CVT Premium on 36/42/48

    36/15 - 62% and .00170
    42/15 - 61% and .00210
    48/15 - 55% and .00220

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  • jnsicwrxjnsicwrx Member Posts: 3
    Hi can you provide for me the numbers for a 2016 WRX 6MT Base in 11357? for 10000/36 and 12000/36? Thanks!
  • kyfdxkyfdx Moderator Posts: 267,103
    jnsicwrx said:

    Hi can you provide for me the numbers for a 2016 WRX 6MT Base in 11357? for 10000/36 and 12000/36? Thanks!

    .00150 MF and 67%/66% residual

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  • jnsicwrxjnsicwrx Member Posts: 3
    edited October 2015
    Went to a dealer for a base 6MT with short throw shifter, wheel locks, and fog lights that came out to an MSRP of $28306 (including $830 transportation fee). Using the 66% residual and .00150MF, I was given this quote:

    WRX Base 6MT with STS, Wheel Locks, Fog Lights - 36 months, 10,000 miles
    MSRP: $28,306
    Negotiated Price: $27,500
    Either
    Down payment: $1799 + tax (NYC 8.875%) + fees ($3400~ total quoted)
    Monthly Payment: $306
    OR
    Down payment: $1799 + fees
    Monthly Payment: $333 (includes tax)

    How does this sound? I still don't know if this is a good deal or not. Thank you!
  • MichaellMichaell Moderator Posts: 263,335
    jnsicwrx said:

    Went to a dealer for a base 6MT with short throw shifter, wheel locks, and fog lights that came out to an MSRP of $28306 (including $830 transportation fee). Using the 66% residual and .00150MF, I was given this quote:

    WRX Base 6MT with STS, Wheel Locks, Fog Lights - 36 months, 10,000 miles
    MSRP: $28,306
    Negotiated Price: $27,500
    Either
    Down payment: $1799 + tax (NYC 8.875%) + fees ($3400~ total quoted)
    Monthly Payment: $306
    OR
    Down payment: $1799 + fees
    Monthly Payment: $333 (includes tax)

    How does this sound? I still don't know if this is a good deal or not. Thank you!

    Leaving the tax and fees out of the equation, your numbers give me a payment of $295.38/mo with $0 down.

    We do not recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.

    You can choose to pay the tax up front or roll it into your lease in NY.

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  • jnsicwrxjnsicwrx Member Posts: 3
    edited October 2015
    Ah I see, thank you. Any idea why the number I was quoted is so high? It seems like I would be overpaying by a huge margin but they said they are basing it off of the $27,500 price.

    Subaru has a "promotion" where you can lease a base WRX ($26,595) for $299/month and $1799 down for 12k/36. That also seems high and seems like you are paying for a car worth more than $27k. Something doesn't add up, do you know why this is?
  • MichaellMichaell Moderator Posts: 263,335
    jnsicwrx said:

    Ah I see, thank you. Any idea why the number I was quoted is so high? It seems like I would be overpaying by a huge margin but they said they are basing it off of the $27,500 price.

    Subaru has a "promotion" where you can lease a base WRX ($26,595) for $299/month and $1799 down for 12k/36. That also seems high and seems like you are paying for a car worth more than $27k. Something doesn't add up, do you know why this is?

    The MF for Subarus (especially WRXs) are pretty high by comparison.

    Ask the dealer what the net cap cost is .. if it's higher than the selling price they've given you, ask them what's been added. You might find some fees you weren't expecting.

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  • hkpshkps Member Posts: 8
    Do dealers add on to the MF? And if so, can you ask them to take it back down to the base MF (if that is what you call it)?
  • kyfdxkyfdx Moderator Posts: 267,103
    hkps said:

    Do dealers add on to the MF? And if so, can you ask them to take it back down to the base MF (if that is what you call it)?

    SMF allows dealers to mark up the MF by .00050 above the base rate, for extra profit.

    If the dealer attempts to mark up the rate, then that is definitely part of your negotiations. Be aware that most dealers that markup the rate will try to hide it.

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  • hkpshkps Member Posts: 8
    Thanks. And are the MF numbers the same across the nation or is it specific to each region?
  • MichaellMichaell Moderator Posts: 263,335
    hkps said:

    Thanks. And are the MF numbers the same across the nation or is it specific to each region?

    So far as we can tell, Subaru numbers are national. They might be different in New England.

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  • yuriydeeyuriydee Member Posts: 5
    Hey I was wondering what are the numbers for a WRX Limited Manual for 36/10k or a 42/10k in NJ?
  • kyfdxkyfdx Moderator Posts: 267,103
    yuriydee said:

    Hey I was wondering what are the numbers for a WRX Limited Manual for 36/10k or a 42/10k in NJ?

    .00150 MF and 63% residual
    .00195 MF and 62% residual

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  • yuriydeeyuriydee Member Posts: 5
    edited October 2015
    kyfdx said:

    yuriydee said:

    Hey I was wondering what are the numbers for a WRX Limited Manual for 36/10k or a 42/10k in NJ?

    .00150 MF and 63% residual
    .00195 MF and 62% residual
    Thanks.
    Just want to confirm Im doing this right, so would I be paying ~ $313.50/mo for a 36 mo w/3k down?
    In July I was quoted around $380/mo for 36mo so I feel like my calculations might be off.

    Edit: Or around $335 w/ 7% NJ tax right?
  • kyfdxkyfdx Moderator Posts: 267,103
    yuriydee said:

    kyfdx said:

    yuriydee said:

    Hey I was wondering what are the numbers for a WRX Limited Manual for 36/10k or a 42/10k in NJ?

    .00150 MF and 63% residual
    .00195 MF and 62% residual
    Thanks.
    Just want to confirm Im doing this right, so would I be paying ~ $313.50/mo for a 36 mo w/3k down?
    In July I was quoted around $380/mo for 36mo so I feel like my calculations might be off.

    Edit: Or around $335 w/ 7% NJ tax right?
    Needs MSRP and selling price to calculate a payment

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  • yuriydeeyuriydee Member Posts: 5
    I just used the given $31190 price on the site for both.
  • kyfdxkyfdx Moderator Posts: 267,103
    yuriydee said:

    I just used the given $31190 price on the site for both.

    If the whole $3000 goes to CAP cost reduction, then yes..

    But, you'll also have 1st payment, acquisition fee and DMV fees due at signing, besides the $3000.

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  • yuriydeeyuriydee Member Posts: 5
    Ok I understand. Thanks a lot.
  • hkpshkps Member Posts: 8
    Do you have November numbers yet for base STi + Nav/HK/push start, 15k/yr, zip 92115? Thanks!
  • MichaellMichaell Moderator Posts: 263,335
    hkps said:
    Do you have November numbers yet for base STi + Nav/HK/push start, 15k/yr, zip 92115? Thanks!
     Not until Tuesday at the earliest 

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  • hkpshkps Member Posts: 8
    got it. thanks!
  • tomfalcarotomfalcaro Member Posts: 1
    Do you have numbers for November yet?
    Can you please let me know what the RV and MF are for a base WRX, premium WRX, and STI for 36 months 15k miles a year.

    Thank You.
  • hkpshkps Member Posts: 8
    Yes, do you have Nov numbers yet for base STi + Nav/HK/push start, 15k/yr, zip 92115? Thanks!
  • diablo_04diablo_04 Member Posts: 1
    Looking for Nov MF & RV values for Sti limited 12k/36mo lease zip 80123. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,103

    Do you have numbers for November yet?
    Can you please let me know what the RV and MF are for a base WRX, premium WRX, and STI for 36 months 15k miles a year.

    Thank You.

    .00185 MF and 66% residual
    .00175 MF and 63% residual
    .00190 MF and 67% residual

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  • kyfdxkyfdx Moderator Posts: 267,103
    hkps said:

    Yes, do you have Nov numbers yet for base STi + Nav/HK/push start, 15k/yr, zip 92115? Thanks!

    .00190 MF and 67% residual for 36 months

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  • kyfdxkyfdx Moderator Posts: 267,103
    diablo_04 said:

    Looking for Nov MF & RV values for Sti limited 12k/36mo lease zip 80123. Thanks!

    .00185 MF and 65% residual

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  • debro7046debro7046 Member Posts: 18
    Hello. Can I get the MF & RV for a 2016 sti base. 36/42/48 months. 15k/yr for all of them. zip 07747 Thanks
  • MichaellMichaell Moderator Posts: 263,335
    debro7046 said:

    Hello. Can I get the MF & RV for a 2016 sti base. 36/42/48 months. 15k/yr for all of them. zip 07747 Thanks

    36/15 - 67% and .00190
    39/15 - 67% and .00230
    42/15 - 67% and .00230
    48/15 - 59% and .00220

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  • kyfdxkyfdx Moderator Posts: 267,103
    debro7046 said:

    Hello. Can I get the MF & RV for a 2016 sti base. 36/42/48 months. 15k/yr for all of them. zip 07747 Thanks

    36/15: .00190 MF and 67% residual
    42/15: .00230 MF and 67% residual
    48/15: .00220 MF and 59% residual


    And, no.. none of those are typos.

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  • seekingstiseekingsti Member Posts: 2
    Could someone help me with figures for an STI, manual, priced at $36k.  Looking at 10k mi/year, 36 month lease. Omaha, NE 68154. What if I put $2000 down?
  • MichaellMichaell Moderator Posts: 263,335

    Could someone help me with figures for an STI, manual, priced at $36k.  Looking at 10k mi/year, 36 month lease. Omaha, NE 68154. What if I put $2000 down?

    Base is 70% and .00190; Limited is 66% and .00185.

    What is the MSRP?

    How would the $2000 be applied? There are start up costs to a lease - bank fee, dealer fee, first payment...

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  • seekingstiseekingsti Member Posts: 2
    edited November 2015

    What is the MSRP?

    How would the $2000 be applied? There are start up costs to a lease - bank fee, dealer fee, first payment...

    Well, the MSRP was listed as about $36k, but they can reduce the sale price to about $35k. The $2k would be applied as money down, with "Subaru pays first payment" taking care of that part. I'd end up paying the bank fee or dealer fees out of pocket in addition to the money down.

    Thanks for your help!
  • kbzonkbzon Member Posts: 32
    Good day, looking at either the WRX limited or STI limited 36 months 15k per year. Could you please provide the Residual and MF
    Thank you
  • kyfdxkyfdx Moderator Posts: 267,103
    kbzon said:

    Good day, looking at either the WRX limited or STI limited 36 months 15k per year. Could you please provide the Residual and MF
    Thank you

    WRX: .00185 MF and 62% residual
    STI: .00185 MF and 63% residual

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  • yuriydeeyuriydee Member Posts: 5
    Have the numbers changed for Nov?
    What are the RV and MF for a WRX Limited Manual 10k/yr and 36mo?
  • kyfdxkyfdx Moderator Posts: 267,103
    yuriydee said:

    Have the numbers changed for Nov?
    What are the RV and MF for a WRX Limited Manual 10k/yr and 36mo?

    .00185 MF and 65% residual.

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  • kaywu85kaywu85 Member Posts: 28
    Hello,

    I'm looking to lease a wrx base or premium for 3yrs/12k in Maryland. Can you give me mf and rv for both trim?

    Thank you very much!
  • kyfdxkyfdx Moderator Posts: 267,103
    kaywu85 said:

    Hello,

    I'm looking to lease a wrx base or premium for 3yrs/12k in Maryland. Can you give me mf and rv for both trim?

    Thank you very much!

    Base: .00185 MF and 68% residual
    Premium: .00175 MF and 65% residual

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  • valkolpbklynvalkolpbklyn Member Posts: 14
    Which credit score does Subaru Motors Finance (Chase) use to determine your MF?
  • master_min23master_min23 Member Posts: 77
    edited November 2015
    Hey all,

    Just trying to get MF and Residual for
    Base 2016 STI 36mo/10k/12k/15k and
    2016 STI limited 36mo/10k/12k/15
    zip code 28203

    Thanks in advance!
  • MichaellMichaell Moderator Posts: 263,335

    Which credit score does Subaru Motors Finance (Chase) use to determine your MF?

    Don't know.

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  • MichaellMichaell Moderator Posts: 263,335

    Hey all,

    Just trying to get MF and Residual for
    Base 2016 STI 36mo/10k/12k/15k and
    2016 STI limited 36mo/10k/12k/15
    zip code 28203

    Thanks in advance!

    36/15 numbers:
    Base STI - 67% and .00190
    STI Limited - 63% and .00185

    Add 2% for 12K or 3% for 10K

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  • bobsparrowbobsparrow Member Posts: 38
    edited November 2015
    Hi!

    Can I get the MF/Resid/Incentives for 36-10/12 STi NYC? and WRX Manual and Premium (manual trans)?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,103

    Hi!

    Can I get the MF/Resid/Incentives for 36-10/12 STi NYC? and WRX Manual and Premium (manual trans)?

    Thanks!

    36/12

    STi base: .00190 MF and 69% residual
    WRX base: .00185 MF and 68% residual
    WRX Prem: .00175 MF and 65% residual

    Add 1% for 10K/yr

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  • ryanleeryanlee Member Posts: 1
    Hello,
    I have received an out-the-door price for WRX premium (manual) of $31,526 (including 8.75% sales tax), on MSRP of $30,526. Lease offer of $995 down, 36 months, 10k year, residual 20,147 and MF .00225 is $487/month with tax, $447 without tax. This seems very high. Can anyone please let me know what the correct amount should be so I can reply with it?
    Thanks,
    Ryan
  • kyfdxkyfdx Moderator Posts: 267,103
    ryanlee said:

    Hello,
    I have received an out-the-door price for WRX premium (manual) of $31,526 (including 8.75% sales tax), on MSRP of $30,526. Lease offer of $995 down, 36 months, 10k year, residual 20,147 and MF .00225 is $487/month with tax, $447 without tax. This seems very high. Can anyone please let me know what the correct amount should be so I can reply with it?
    Thanks,
    Ryan

    Out the door price with tax won't mean much, unless your state taxes the full price on a lease. Which state?

    .00175 MF and 66% residual. So, they are marking up the MF the maximum amount allowed.

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