My Take: I haven’t posted a Subaru lease rate in a while so it is refreshing to see that Subaru’s actually lease alright this month. As you can see, the sweet spot for this vehicle is at 36-months, so make sure you don’t go beyond that (warranty won’t cover you past the 3rd year anyway so that’s certainly something to keep in mind). There’s about $1000 worth of dealer cash available so make sure to put your negotiating skills into action. The Legacy is going for $400 under invoice according to TMV, so I wouldn’t pay any more than that. There is also special financing available, but it breaks down to around the same as a lease (in terms of interest rate), so no point buying.
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| |
At Invoice |
At MSRP |
| Make/Model |
Invoice |
MSRP |
24-month |
36-month |
24-month |
36-month |
| 09 Subaru Legacy 2.5i SE |
$21,493 |
$22,760 |
$325 |
$289 |
$381 |
$326 |
NOTE: Estimates assuming the following conditions:
- Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
- Local Taxes not included.
- 24-month/15k and 36-month/15k terms.
- All cars are stock, without any options.
2009 Subaru Legacy January Lease Rates
2009 Subaru Legacy 2.5i SE
24-month | 15k miles | residual 70% | .00250 base money factor
36-month | 15k miles | residual 58% | .00170 base money factor
48-month | 15k miles | residual 46% | .00215 base money factor
Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!
My Take: The Subby Legacy’s 36-month lease is supposed to be the best deal, but the residual value is too low while the money factor is still too high to make it a great deal. I would recommend skipping this lease for now. There isn’t much we can do about the residual, but I do think Subaru can do a better job with the money factor.