Apologies up front - I’ve never leased a car before and am doing a crash course in how this all works.
What’s the money factor, residual, and lease/loyalty credits for a 2019 Subaru Outback 2.5i Limited 24, 36/10k, zip 90045?
This is the lease offer I was sent. There are things like money factor and residual that I don’t know (but now know I need to know thanks to this forum!).
2.5i Limited 24 (Moonroof+Nav+Reverse Auto Braking+High Beam Assist)
36,513 MSRP
32,379 USAA Sale Price
+fees
Eligible to combine with Subaru’s special purchase apr’s of -
I don’t think Subaru even does 18K miles lease program, and if they did, your residual would be way too low and then you have to go back to white board to work out your $$ numbers and figure out if it still makes sense to lease versus buying it. Unless you want to lease because outback is rumored to get 2.4L turbo charged engine like Ascent and 3.6R outbacks loses its value in market.
Panini
Hi thanks you for your feedback, I am now just aware of money factor and residual value. In the past we have typically purchased more miles in when leasing.
Now with your comments, I should be looking at both lease and buy. Are there tips for buying certified pre own?