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2016 Subaru WRX Lease Questions

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  • kyfdxkyfdx Moderator Posts: 266,095
    ahhnickk said:

    Hi,

    I'm looking to lease a WRX Premium 6MT, price I'm quote is around $27800. Lease is 36 months 12k miles. I live in NY and most likely getting it from dealer in NJ, so I'm not sure what tax rate it will be. Can I get some numbers as in terms how much it will be after tax? And also the MF and the residual please. I will be talking to the sales later today through the phone so I want some numbers to compare to his. Lastly I will probably be putting down $2000 upfront.

    .00160 MF and 64% residual.

    We would need the MSRP and selling price to calculate a lease payment.

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  • nyccarguynyccarguy Member Posts: 17,510
    ahhnickk said:
    Hi, I'm looking to lease a WRX Premium 6MT, price I'm quote is around $27800. Lease is 36 months 12k miles. I live in NY and most likely getting it from dealer in NJ, so I'm not sure what tax rate it will be. Can I get some numbers as in terms how much it will be after tax? And also the MF and the residual please. I will be talking to the sales later today through the phone so I want some numbers to compare to his. Lastly I will probably be putting down $2000 upfront.
    You live in NY, the sales tax on the car will be paid according to the county you register the car in.  You will not have to pay NJ sales tax & NY sales tax.  I'm all for shopping different dealers, but make sure you add everything up & get the true cost of the entire lease.  In NY, Doc fees are capped at $75.  In NJ they are not capped.  

    The only money you should be paying up front on a lease is 1st month, security deposit, acquisition fee, DMV fees.  The rest should get rolled into the payment.

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD

  • trbogolftrbogolf Member Posts: 40
    can I get numbers for a Premium CVT.
    36m/10K and
    42m/10K

    thank you
  • MichaellMichaell Moderator Posts: 262,634
    trbogolf said:

    can I get numbers for a Premium CVT.
    36m/10K and
    42m/10K

    thank you

    36/10 - 65% and .00170
    42/10 - 63% and .00205

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  • trbogolftrbogolf Member Posts: 40
    thank you sir.
  • DaveM87DaveM87 Member Posts: 249
    Hey, can I get residual and mf on 2016 sti base 36/10 and 2016 sti limited 36/10?
    and do u know the average dealerships are taking off the msrp? 
    Thanks. Great site. 
  • DaveM87DaveM87 Member Posts: 249
    By the way I'm in NY if that changes anything. Also 2016 wrx premium 36/10? 
    Thanks
  • MichaellMichaell Moderator Posts: 262,634
    davem1287 said:

    Hey, can I get residual and mf on 2016 sti base 36/10 and 2016 sti limited 36/10?
    and do u know the average dealerships are taking off the msrp? 
    Thanks. Great site. 

    davem1287 said:

    By the way I'm in NY if that changes anything. Also 2016 wrx premium 36/10? 
    Thanks

    WRX Premium - 65% and either .00160 (stick) or .00170 (CVT)
    STI Base - 69% and .00175

    I do not see an STI Premium, only STI Limited - 65% and .00170

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  • sidehatch1sidehatch1 Member Posts: 3
    Hello,

    I have a sale price of $29,900 ($30,303 MSRP) on a 2016 WRX Premium 6MT. I had hoped to lease it for 12k miles/36 months. A few posts above suggest the Jan program has a MF of .00160 and a residual value of 64% (tier 1). I live in CT (6.35% sales tax) and I calculated a $0 down lease and all start up fees/costs paid in cash up front at ~$394 a month. They are quoting me $400. I can't reconcile the $6. Does my mthly number look correct? Thanks!
  • kyfdxkyfdx Moderator Posts: 266,095

    Hello,

    I have a sale price of $29,900 ($30,303 MSRP) on a 2016 WRX Premium 6MT. I had hoped to lease it for 12k miles/36 months. A few posts above suggest the Jan program has a MF of .00160 and a residual value of 64% (tier 1). I live in CT (6.35% sales tax) and I calculated a $0 down lease and all start up fees/costs paid in cash up front at ~$394 a month. They are quoting me $400. I can't reconcile the $6. Does my mthly number look correct? Thanks!

    MF and residual are correct.

    I get $371/mo.+tax, just like you... Ask them for the CAP cost, and see how it might differ from your sale price of $29,900.

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  • sidehatch1sidehatch1 Member Posts: 3
    Well, that'd be a pisser. I ordered the car and signed the sales contract at $29,900. There is no additional fee there - no carry over loan balance, nothing. Thanks for checking my math!
  • hoonsup2hoonsup2 Member Posts: 2
    hi i live in ny
    looking to get 2016 sti base $36000 lease
    36m / 10k

    1st dealer
    i got quote for $2300(taxes, doc fee, dmv)up front
    $389 mo

    2nd
    $2800 up front (taxes, doc fee, dmv)
    $430 mo

    3rd
    $2300 up front (taxes, doc fee, dmv)
    $375 mo

    should i go for 3rd one or try to get more cheaper?
    thx
  • MichaellMichaell Moderator Posts: 262,634
    hoonsup2 said:
    hi i live in ny looking to get 2016 sti base $36000 lease 36m / 10k 1st dealer i got quote for $2300(taxes, doc fee, dmv)up front $389 mo 2nd $2800 up front (taxes, doc fee, dmv) $430 mo 3rd $2300 up front (taxes, doc fee, dmv) $375 mo should i go for 3rd one or try to get more cheaper? thx
     Don't negotiate the payment; negotiate the best selling price and that will give you a lower lease payment 

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  • hoonsup2hoonsup2 Member Posts: 2
    but does it sounds right?
  • MichaellMichaell Moderator Posts: 262,634
    hoonsup2 said:
    but does it sounds right?
    Need to know the net cap cost in order to calculate the Payment

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  • eticket99eticket99 Member Posts: 23
    Looking for MF and Residuals for WRX premium CVT and limited CVT: 10k/7.5k 30/36month leases. Much appreciated.
  • MichaellMichaell Moderator Posts: 262,634
    eticket99 said:

    Looking for MF and Residuals for WRX premium CVT and limited CVT: 10k/7.5k 30/36month leases. Much appreciated.

    36/10 numbers:

    Premium CVT - 65% and .00170
    Limited CVT - 63% and .00150

    Subaru does not offer 7500 mile leases, nor 30 month terms.

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  • sidehatch1sidehatch1 Member Posts: 3

    Well, that'd be a pisser. I ordered the car and signed the sales contract at $29,900. There is no additional fee there - no carry over loan balance, nothing. Thanks for checking my math!

    They were adding in the reg fees in case anyone cares. I also found out 36 mo 10k per year is .00160 and 65% on a prem. 6mt.
  • mikedefranmikedefran Member Posts: 86
    Looking for MF and Residuals for WRX Base and Premium 6spd in PA 19083
    36 months/ 10k Miles for each model

    Thanks!
  • MichaellMichaell Moderator Posts: 262,634

    Looking for MF and Residuals for WRX Base and Premium 6spd in PA 19083
    36 months/ 10k Miles for each model

    Thanks!

    Base - 68% and .00170
    Premium - 65% and .00160

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  • speedslayerrspeedslayerr Member Posts: 2
    Recent numbers for 2016 WRX STI stick with the harmon-kardon kardon comfort package? Need mf and res. Thanks!
  • kyfdxkyfdx Moderator Posts: 266,095

    Recent numbers for 2016 WRX STI stick with the harmon-kardon kardon comfort package? Need mf and res. Thanks!

    36/15

    Base: .00170 MF and 65% residual
    Premium: .00160 MF and 62% residual

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  • speedslayerrspeedslayerr Member Posts: 2
    Perfect thanks! I got quoted 66% res and .0025 mf on the base from my dealer in Mass, any idea why the residual would be higher?
  • MichaellMichaell Moderator Posts: 262,634

    Perfect thanks! I got quoted 66% res and .0025 mf on the base from my dealer in Mass, any idea why the residual would be higher?

    Subaru in New England may use a different bank for their lease deals; we don't have those numbers to confirm.

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  • bxdc5nybxdc5ny Member Posts: 3
    Wrx limited 10k/36months Ny 10475
  • MichaellMichaell Moderator Posts: 262,634
    bxdc5ny said:

    Wrx limited 10k/36months Ny 10475

    CVT or manual?

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  • bxdc5nybxdc5ny Member Posts: 3
    Manual. Sorry. 
  • kyfdxkyfdx Moderator Posts: 266,095
    bxdc5ny said:

    Wrx limited 10k/36months Ny 10475

    bxdc5ny said:

    Manual. Sorry. 

    .00170 MF and 64% residual

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  • bxdc5nybxdc5ny Member Posts: 3
    Thanks! I'm at the dealership now about to discuss a deal
  • valkolpbklynvalkolpbklyn Member Posts: 14
    Can I get the MF & Residual on a WRX Limited w/ harmon kardon sound system, keyless entry, etc (option package 22) and Manual Transmission for the NYC area?

    12K & 15K

    Should I be asking for the MF where the car will be registered or purchased? Does every zip code have a different MF or is it city, state, etc?
  • kyfdxkyfdx Moderator Posts: 266,095

    Can I get the MF & Residual on a WRX Limited w/ harmon kardon sound system, keyless entry, etc (option package 22) and Manual Transmission for the NYC area?

    12K & 15K

    Should I be asking for the MF where the car will be registered or purchased? Does every zip code have a different MF or is it city, state, etc?

    .00170 MF and 63%/61% residual.

    Numbers are national, if using SMF. The six New England states may have different programs.

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  • danvbdanvb Member Posts: 1
    Good evening.
    I would like to know MF and RV for 2016 WRX CVT LImited + Navi/harman/EyeSight for CA (90631).
    - 36/12
    - 36/15
    - 42/12
    - 42/15
    - 48/12
    - 48/15

    Perhaps the best choice is to lease for only 36months?

    Thank you very much! Your help is greatly appreciated.
  • kyfdxkyfdx Moderator Posts: 266,095
    danvb said:

    Good evening.
    I would like to know MF and RV for 2016 WRX CVT LImited + Navi/harman/EyeSight for CA (90631).
    - 36/12
    - 36/15
    - 42/12
    - 42/15
    - 48/12
    - 48/15

    Perhaps the best choice is to lease for only 36months?

    Thank you very much! Your help is greatly appreciated.

    15K/yr

    .00150 MF and 60% residual
    .00200 MF and 58% residual
    .00220 MF and 52% residual

    Add 2% for 12K/yr

    With those numbers, I'd stick with 36 months.

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  • mpedersonmpederson Member Posts: 1
    I got quoted a sales price of 25,700 on a Base WRX.

    The lease term requested was:
    36months
    10k miles/yr.
    6% Tax Rate

    Quote was $320/month. Using the residual/mf #'s I saw in this thread, it seemed like it should be more around $290.

    Is the difference a higher MF? The only fees mentioned to be paid in cash were title/plates. Is there some other capitalized fee I may be neglecting in my calculation?
  • kyfdxkyfdx Moderator Posts: 266,095
    mpederson said:

    I got quoted a sales price of 25,700 on a Base WRX.

    The lease term requested was:
    36months
    10k miles/yr.
    6% Tax Rate

    Quote was $320/month. Using the residual/mf #'s I saw in this thread, it seemed like it should be more around $290.

    Is the difference a higher MF? The only fees mentioned to be paid in cash were title/plates. Is there some other capitalized fee I may be neglecting in my calculation?

    What is the MSRP?

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  • valkolpbklynvalkolpbklyn Member Posts: 14
    If I co-sign for somebody with less-than-stellar credit, will my credit be primarily used to set the MF or will it be the credit of the person I am co-signing for?
  • kyfdxkyfdx Moderator Posts: 266,095

    If I co-sign for somebody with less-than-stellar credit, will my credit be primarily used to set the MF or will it be the credit of the person I am co-signing for?

    No idea on the specifics of your case.

    I think a lot depends on how low the credit is for the other person. If they are in the mid-600s, then your credit may hold up. But, if it's lower than that, I'm pretty sure it will get bumped down.

    I would never co-sign, unless I was willing to make the payments, if it all goes bad.

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  • rexarousrexrexarousrex Member Posts: 3
    Hey,

    How about 10k miles/y, 36 months, WRX STI standard, in NC?

    Thanks
  • MichaellMichaell Moderator Posts: 262,634

    Hey,

    How about 10k miles/y, 36 months, WRX STI standard, in NC?

    Thanks

    69% and .00175

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  • jnachbarjnachbar Member Posts: 12
    Hi, Can you give me the residual and MF for a Base WRX 6-speed MT 36 month/15K miles/Yr. MSRP $28,148, thanks...dealer is saying 65% and .0022, Minnesota Dealer Wisconsin resident
  • kyfdxkyfdx Moderator Posts: 266,095
    jnachbar said:

    Hi, Can you give me the residual and MF for a Base WRX 6-speed MT 36 month/15K miles/Yr. MSRP $28,148, thanks...dealer is saying 65% and .0022, Minnesota Dealer Wisconsin resident

    .00170 MF and 65% residual.

    The dealer is permitted to mark up the MF by .00050, for extra profit.

    I'll let you do the math... ;)

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  • genepi38genepi38 Member Posts: 3
    Hi,
    I've order a WRX Limited few month ago (no HK / GPS Pack) and I'm suppose to get it in 2 weeks.

    The sales guy told me he will give me the final monthly cost for the lease the month I pick it up when the numbers will be available. So my question is:

    What are the number this month? :)

    36 month / 12K
    (Michigan if it matter)

    FYI, sticker price is 31,271 but my price after negociation is: 29,900.
    If you can let me know what my monthly should be?

    Thanks in advance!
  • valkolpbklynvalkolpbklyn Member Posts: 14
    Good Afternoon! Are the numbers in for February? In two weeks or so I'm taking delivery of a 2016 WRX Limited, Manual, with Harmon Kardon, Keyless, Etc. I'm in Brooklyn, NY.

    12K/36
    15K/36
  • MichaellMichaell Moderator Posts: 262,634
    genepi38 said:

    Hi,
    I've order a WRX Limited few month ago (no HK / GPS Pack) and I'm suppose to get it in 2 weeks.

    The sales guy told me he will give me the final monthly cost for the lease the month I pick it up when the numbers will be available. So my question is:

    What are the number this month? :)

    36 month / 12K
    (Michigan if it matter)

    FYI, sticker price is 31,271 but my price after negociation is: 29,900.
    If you can let me know what my monthly should be?

    Thanks in advance!

    The current Subaru numbers are set to expire today. We should have the February numbers later this week.

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  • MichaellMichaell Moderator Posts: 262,634

    Good Afternoon! Are the numbers in for February? In two weeks or so I'm taking delivery of a 2016 WRX Limited, Manual, with Harmon Kardon, Keyless, Etc. I'm in Brooklyn, NY.

    12K/36
    15K/36

    February numbers should be available later this week.

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  • genepi38genepi38 Member Posts: 3
    thanks, will wait ;-)
  • krnsamiam84krnsamiam84 Member Posts: 10
    I am considering to lease a 2016 Subaru STI base no options and no accessories.

    MSRP: $35,490
    OTD: $32,421
    Lease Option: 36 months
    Mileage: 10,000 miles/year
    Down Payment: $0
    Monthly Payment: $367/month plus tax
    Location: CA, 94116

    Is this a good deal? Also the person did not give me the Monthly Factor or Residual.

    Thanks
  • kyfdxkyfdx Moderator Posts: 266,095

    I am considering to lease a 2016 Subaru STI base no options and no accessories.

    MSRP: $35,490
    OTD: $32,421
    Lease Option: 36 months
    Mileage: 10,000 miles/year
    Down Payment: $0
    Monthly Payment: $367/month plus tax
    Location: CA, 94116

    Is this a good deal? Also the person did not give me the Monthly Factor or Residual.

    Thanks

    .00175 MF and 69% residual.

    Not sure that an OTD number is relevant, unless it is lease specific, and not a purchase total.

    If your OTD number were the CAP cost, the payment should be $320/mo.+tax.

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  • krnsamiam84krnsamiam84 Member Posts: 10
    Thank you, I found out from the dealership that the residual would be $24,133.20 plus CA taxes.
  • mikedefranmikedefran Member Posts: 86
    2016 STi Base mf/res in PA for 36m/10k miles. Thanks!
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