Please help, supposedly have to agree to this today. I feel like this lease deal is good and want this car but want some opinions.
2026 GV70 2.5T Sport Prestige Trim in the Southern California Area. MSRP $62,210, lease for 36 months, 10,000 miles per year, $3k down for $750/month. Money factor buy rate is 0.00251 I believe but they gave me 0.00291. I asked for the buy rate but said they gave me a discount on the car price instead.
Is your heart set on the GV70? Check the marketplace and see how much a BMW x3 will run from a broker? I bet it’s going to be similar. Is Electric an option for you? Grab a BMW iX for similar money?
The GV70 seems like it has a high residual, but that’s about it. The MF is pretty high as well. There’s only so much you can do with a lease if there aren’t rebates on the table and the MF is high.
Your title says “G70,” rather GV70.
What is the lease term (24 mos? 36 mos?).
Do you have any positive equity in the Subaru?
Whoops sorry for the typo. It’s the GV70. 36 months. Unfortunately I think the Subaru will just be them paying it off for me, no positive equity.
I checked out the iX and man I just didn’t like the body style and the prices I were getting was higher like $850+. The x3 is nice but I just like the style of the the GV70 a lot more and I feel like I get more options included.
What they did they offer you as a trade in value and what is the payoff?
The GV70 (non electric) is not going to be a great lease. How much are they offering for your Subaru? How much is CarMax and Carvana offering? You need to know if you’re rolling negative equity into the deal or can you give the Subaru to CarMax or whatever and get positive equity back.
How much is the GV70 if you finance it? It just isn’t going to be a phenomenal lease with the horrible MF.
We’re all trying to give you advice, most of us aren’t leasing the car that we love best, we’re leasing whatever is cheap in the segment. I mean who cares if you’re giving it back in 24 or 36 months anyway.
You lease cars that are hackable. In the absence of that you buy the car you really want. It’s as simple as that.
The idea of spending $3,000 + $750x35 =$29,250.00 to rent an asset selling for $56k and return it in 3 years is financially cray cray
