2019 Subaru Ascent Premium lease promotion (is this a good deal?)

I’m new to leasing, so please forgive me in advance.

Dealer 1: above picture, no details regarding MF, etc.

Dealer 2: Premium trim (7 passenger)
MSRP: 37,638
Sales price: 35,638
Residual: .61/22960
MF: 0.0016
ADM Fee: 589
Tax 17.67
Non tax fee: 101
Terms: 36/10K

Dealer 3: Premium trim (8 pass)
MSRP: 37,430
Sales price: 36,680
Residual: 22,083
MF: 0.0013
Rebates/Incentives: 750
Fees: unknown
Terms: 36/15K

So I realize this is not comparing apples to apples, but can someone give me a general idea of which of these is even slightly palatable to this forum? Anything else I should look into before even thinking about considering any of these offers? Thanks a ton.

No payments on 2 and 3

Sorry the estimated payments for 2 is 490, 549 for 3? I’m not sure if the math checks out though

549 for a 37k dollar SUV from Subaru? Hard pass.

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Everyone will tell you these deals aren’t very good. The Ascent is so new that maybe this is the best you can do. The problem is you can get much more for your money. Check out the Share section to get an idea of what a similar payment can get you.

Target 1% of MSRP for your payment for a great deal.

To put this into perspective you can finance $37k for 60 months @ $616 a month. That is with nothing down.

Would you pay $18k-$20k to give the car back in 3 years? I would just buy it. Subaru’s hold their value. Surely you could sell it in 3 years for a profit.

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Thanks everyone, this is helpful. And a little depressing.

And RobertR, very true, that does put it into perspective.

They don’t lease well but your deal is bad. I got my wife a touring for 550 a month with 1175 drive off.

Msrp was 47k. Discount was about 4500. I understand my deal is not the best but we wanted this car. It’s much better then the Infiniti that most people will tell you to get instead.

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Where did you get the touring for $550? I cant get anyone local anywhere close to invoice.

Nor Cal. There were two dealers willing to do a similar deal.

This. I priced out and the Ascent is better than the QX60 for sure. We have a dealer offering an Ascent Premium promo priced at $399/mo 36/10 first payment. QX60 was $430 for similar features after $2800 in MSDs, VPP and $1000 lease cash.

If you want an Ascent, find a dealer willing to deal and get it.

Can you please say which dealers in Norcal? I’m looking for the same deal.

Hard to get a great deal on an Ascent when most dealerships I was browsing in when shopping for my Outback were saying their wait list was long and their inventory was already accounted for by pre-orders.

I don’t think that’s changed much, on top of that Subaru’s hold value, and it’s in a popular segment of the car market, really low incentives for leasing them. Point of leasing to me was always to make payments that were like 50% or less than what financing the car would cost me with zero down. If that isn’t the goal than your paying a lot of money to help eat someone else’s depreciation so they don’t have to when they buy it in 3 years.

However, sat in the car before, never drove it, but if it drives anything like other Subarus do than I must say I like it for what it’s made to do.

But then buying a 2019 is also super expensive and you can’t get an older Ascent, so what does one do?

New to Subaru and loving it very much. Not sure I like there dealers that stated they gave me a good deal. I recently leased an Ascent limited with option 23 at 5k down, approximately 478 a month (36/10k miles). I think I messed up by informing them I wanted to purchase after the lease. In the end I wanted to finance but I believe I was talked into leasing. Can anyone give me some insight on my deal? The buyout price would be 26k (.61 residual) I would have paid approximately 21k after the lease.

We need more details about the lease to be specific, but with 5k down, you’re effectively paying $617/month - seems very expensive. What was the MSRP of your car? It looks like your MSRP was probably in the low to mid $40k. I played around with a Ascent Premium ($36k MSRP) and was under $400 with basic drive offs due at signing.

You should never let a dealer move you from purchase to lease or vice versa without at least going home to sleep on it and do some more due diligence. At this point, enjoy your Ascent and come here next time before signing anything.

I will provide more info later but 5k got me 478 per month. For 36 months lease.

When people put down a big chunk of money, generally frowned upon for a variety of reasons, forum members will often take that amount (5k in your case) and divide it by the term (36 months) and add it to the reported monthly. So in your case, that’s 5k / 36 = $138.89, in addition to your reported monthly of $478 gives you roughly $617/month.

Newbie in leasing here. Is your reference/target of 1% of MSRP for lease payments based on no down payment? Am in NJ. Thanks.

Ahh damn. I should’ve financed because I was going to down more to keep it under 600. So I got played.